INJAZ Project for EGAP 4

Step 1: Reflection on key concepts - Plan to Earn

Step 1 - Reflection on key concepts - Plan to Earn

Reflect on importance of planning ahead for 5 major areas of spending in life, i.e. education, marriage, children, housing, other (?)

Guiding questions:

  • What are the FIVE things you will spend the most money on in your life?
  • Why is it important to plan ahead for these expenses?
  • Give some examples of how you can prepare for these expenses.
  • What can happen to people who don’t plan ahead for these expenses?
  • Did today’s session make you think again about your future? How?
  • What did you learn today that you had not thought about before?
  • Will you be changing your spending habits in the future? How?

 

Step 2: Researching sources of income - Saving for Life

Step 2 - Researching sources of income - Saving for Life

  • Choose 1 of the above 5 areas and research different possible sources of funding and savings discussed in the session.
  • The "Step 2 Sources" page will help you with some information on different types of savings and investments
  • Make notes on at least 2 different sites.  
  • You will use these notes to guide your decisions in the next step

 

Step 3: Reflecting on Key Decisions - Budget Game

Step 3 - Reflecting on Key Decisions - Budget Game

Guiding questions for reflections after the game. Write approximately 150 words.

  • Explain the choices you made and why you made them.
  • Were you happy with the financial choices that you made? Explain why or why not.
  • What would you change if you wanted a better result?
  • How did you do compared to the other players?   What did they do differently from you?
  • What did you learn from playing the game?

 

Step 4: Making a Decision Tree (Flow Chart)

Step 4 - Making a Decision Tree (Flow Chart)

Choose a flowchart website or app. Suggestions include:

 

Step 5: Presentation

Step 5 - Presentation
Present your personal financial plan from Step 4 to the class. You should use a suitable presentation app such as PowerPoint or Keynote. You are advised to use ONE SLIDE for each of the 8-12 steps in your plan. Each slide should present the step in clear, understandable language and not contain too much text.

Project Rubric

Project Slide Presentation

http://zu.libguides.com/c.php?g=125387&p=820911#s-lg-box-wrapper-2868789