This morning we attended a financial class offered through our homeschool group. Each student was assigned a job and an average salary.
Ryan was a Registered Nurse with a gross yearly salary of $77, 780, a gross monthly income of $6,482, and a net income of $4,525 per month. Brendan was a Dental Hygienist with a gross yearly salary of $68, 680, a gross monthly income of $5,723, and a net income of $4,292. The kids had to budget for savings, housing, transportation, education (student loans), food, personal/miscellaneous, and entertainment. It was funny to watch their reactions as they had to pick and choose budget items that were necessities v/s wants 🙂 .
This was just a basic, one hour class but I think it was a good way to get them thinking about their future!