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Financial Resources 50 Lessons Over Easy 1
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Reflection: Planning to Move Graduation is just around the corner, and you are planning to move into your first apartment. Make a list of all the things you must do before your move in. Compare your list with a classmate to see if you may have forgotten anything and revise your list. 2
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Finances Are the money family members earn and spend. A general rule for finances and housing is you should expect to spend 25to 35% of your income on housing. 3
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Activity Counting Pennies 4
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Items to Consider in Total Housing Costs 5
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Rent or Mortgage Payment A payment for the purpose of renting or owning a property. 6
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Insurance A payment that insures coverage over you if anything happened to your property. 7
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Utilities Services that supply light, power, water, or other useful functions needed by a home owner or renter. Gas Water Electricity Telephone 8
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Maintenance Care and repair of a home or equipment. Equipment Items that are used to keep up the functions of the home, such as, a lawn mower. 9
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Supplies Things needed to keep up with the cleanliness and organization of a home. 10
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Activity Show Me The Money 11
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Worksheet: Financial Resources 12
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