1. Life Skills Introduction

2. Topics decision making Career/job choice making money loans and expenses banking services government consumer knowledge.

3. Decision Making

4. What are some decisions that you have to make as a teenager? How do you make decisions?

5. Intro quiz

6. Failure to launch Average student debt - $28,000 Unpaid internship Credit score mortgages Definitions before watching the video

7. http://www.cbc.ca/player/Embedded- Only/News/ID/2422044988/ http://www.cbc.ca/player/Embedded- Only/News/ID/2422044988/ http://www.cbc.ca/doczone/episodes/gene ration-jobless http://www.cbc.ca/doczone/episodes/gene ration-jobless https://www.youtube.com/watch?v=4UUu MWqA8eE https://www.youtube.com/watch?v=4UUu MWqA8eE

8. What does well off mean to you?

9. http://www.cbc.ca/news2/interactives/yout h-unemployment/ http://www.cbc.ca/news2/interactives/yout h-unemployment/ Real stories

10. Opportunity costs and the time value of money Opportunity costs Refer to what a person gives up when a decision is made. This cost, also called a trade-off, may involve one or more of your resources (time, money, and effort). Personal opportunity costs These may involve time, health, or energy. For example, time spent on studying usually means lost time for leisure or working. However, this trade-off may be appropriate since your learning and grades will likely improve.

11. Financial opportunity costs Involve monetary values of decisions made. For example, the purchase of an item with money from your savings means you will no longer obtain interest on those funds. Time value of money Can be used to measure financial opportunity costs using interest calculations.

12. List the resource costs (time, money, and effort) and the personal and financial opportunity costs associated with each decision. You go to the movies You quit your job to go to college You spend time on Saturday with your grandmother You take $1,000 out of your bank account (for 6 months) You decide not to study for a test You purchase a TV with a loan from your parents

13. Activity A work sheet Opportunity costs

14. Assignment Think about the hardest decisions you had to make. Write a short essay identifying the decisions you made, describing the way you worked through it, and evaluate the results of your decision.