HOW WILL I PAY FOR A LARGE PURCHASE? Adapted in partnership with ©2015 Educurious Partners--All rights reserved UNIT 3 LESSON 6 1.

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HOW WILL I PAY FOR A LARGE PURCHASE? Adapted in partnership with ©2015 Educurious Partners--All rights reserved UNIT 3 LESSON 6 1

Learning Outcomes Students will discover what decisions are involved in making large purchases. 2 Adapted in partnership with ©2015 Educurious Partners--All rights reserved UNIT 3 LESSON 6

Lesson Tasks Research a large purchase decision Share information gathered regarding making large purchases Complete My Dollar Bill large purchase breakdown 3 Adapted in partnership with ©2015 Educurious Partners--All rights reserved UNIT 3 LESSON 6

Think about It… At some point in your life, you will make a large purchase that will require thousands of dollars, whether it’s a car, a down payment on a house, a college education, or a business investment. Where will all of that money come from? How will you know you are making the right choice? How can you start planning now for accumulating that much cash? 4 Adapted in partnership with ©2015 Educurious Partners--All rights reserved UNIT 3 LESSON 6

Paying for a Large Purchase 5 Select one of these two purchasing options to explore: Paying for College Paying for a Home Sit with others who are interested in the same option so you can discuss and respond to the Paying for a Large Purchase questions together. Adapted in partnership with ©2015 Educurious Partners--All rights reserved UNIT 3 LESSON 6

Three Ideas Each group shares their top three insights Those of you researching college share three ideas Those of you researching buying a home share three ideas 6 Adapted in partnership with ©2015 Educurious Partners--All rights reserved UNIT 3 LESSON 6

Review How much money would you need to pay for college or purchase a home? 7 Adapted in partnership with ©2015 Educurious Partners--All rights reserved UNIT 3 LESSON 6

Review How much money would you need to pay for college or purchase a home? Responses will vary 8 Adapted in partnership with ©2015 Educurious Partners--All rights reserved UNIT 3 LESSON 6

Complete the Lesson… 9 Using your research, complete the My Dollar Bill Activity for either Paying for College or Purchasing a Home Adapted in partnership with ©2015 Educurious Partners--All rights reserved UNIT 3 LESSON 6