The Consumer Game |
Living within your MeansChallenge:The object of the Independent Consumer Game is to spend less money than you make. The game is intended to be as life like as possible. You find a career, develop a budget and spend money while carefully maintaining the limits of your budget. If at the end of the game you have money to spare in your budget, you win. But this is one game where there is no losing. If you go beyond your budget, you must figure out ways to cut costs. Getting Organized:As you complete each square of the game, show your instructor your completed work. Assuming the work is satisfactorily completed the instructor will sign on the plan & profile or check list. See your instructor for a hard copy of the Plan & Profile or print this file. Plan & Profile: Independent Consumer Name: ____________________ Student ID: __ __ __ __
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Task |
Initial |
Date |
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SQUARE 1: GET A JOB! |
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| WOIS Worksheet or Interview Transcript | |||||
| Resume | |||||
| Cover Letter | |||||
| On-line Scannable Resume | |||||
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SQUARE 2: BUDGET |
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| Monthly budget using the Quicken program | |||||
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SQUARE 3: APARTMENT HUNTING |
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| Presentation of Apartment Comparison Chart | |||||
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SQUARE 4: BANKING |
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| Responses to four questions about banking | |||||
| Check writing | |||||
| Reconciled checking account | |||||
| Presentation of Three Bank Comparison Chart | |||||
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SQUARE 5: BUY A CAR! |
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| Evidence of three quotes | |||||
| Script for Negotiating the Car Price | |||||
| Presentation of Vehicle Comparison Chart | |||||
| Evaluation Summary | |||||
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SQUARE 6: LIFE LESSON #1, COMPLAINT |
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| Fictional Narrative | |||||
| Summary of Steps Taken in Complaint Process | |||||
| Complaint Letter | |||||
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SQUARE 7: SHOPPING |
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| Grocery List with Totals and Complaint Process | |||||
| Presentation of 7 Day Menu | |||||
| Summary and Analysis | |||||
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SQUARE 8: TAXES |
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| Reporter's Challenge Quiz | |||||
| Detective's Challenge Quiz | |||||
| Completed W4 | |||||
| Completed 1040 | |||||
| Evaluation Statement | |||||
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SQUARE 9: HEALTH INSURANCE |
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| Telephone Script or Completed Telephone Worksheet | |||||
| Presentation of Health Plan Comparison Chart | |||||
| Summary | |||||
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SQUARE 10: AUTO INSURANCE |
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| Report on Vehicles Performance in Crash Tests | |||||
| Telephone Script or Checklist | |||||
| Presentation of Auto Plan Comparison Chart | |||||
| Summary | |||||
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SQUARE 11: OTHER INSURANCE |
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| Presentation of Insurance Plan Comparison Chart | |||||
| Summary Report | |||||
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SQUARE 12: FRAUD |
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| Fraud Primer Lesson Table | |||||
| Report on a Scam | |||||
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SQUARE 13: LIFE LESSON #2, BIRTH |
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SQUARE 14: INVEST |
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| (Step1) Five Reasons People Save and Invest | |||||
| (Step2) How Time Effects the Value of Money | |||||
| (Step2) Worksheet: Time Value of Money | |||||
| (Step2) Future Value of $1000 Single Deposit | |||||
| (Step2) Future Value of $25/$100 Monthly Deposits | |||||
| (Step2) Worksheet: Rule of 72 | |||||
| (Step3) Recent Graduate Buys Common Stock | |||||
| (Step4) How Securities are Bought and Sold | |||||
| (Step5) Factors that Affect Price | |||||
| Results from SmartCalc Program | |||||
| Watch the Dow | |||||
| Return to: Consumer Game | CAP | Squalicum | District | |||||