On My Own simulation

Related resource areas: Personal Finance

DeKalb County High School open in google maps

February 13, 2008 at 7:45 AM

Description:
On My Own is a hands-on, real-life simulation that gives young people the opportunity to experience their futures in a fun and exciting way. They are encouraged to make healthy and wise lifestyle choices similar to those adults face on a daily basis. Participants assume they are 25 years old and are the primary or sole support of their household. After exploring careers, participants receive a monthly salary for their chosen career and a family scenario. Then they proceed through 'real life,' deducting taxes, determining a savings amount, and spending their monthly salary on the necessities and luxury items that reflect the career and lifestyle they have chosen.

Coverage: Local

States: Tennessee