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The ESL

Game of Life:
A
Simulation
103
The ESL Game of Life: A Simulation
Scenario: Students are interested in learning how education levels and life
choices impact earnings and an individual’s standard of living. Students will
apply decision-making, problem-solving, and management processes to develop
a budget spending plan! to meet established goals. "he goal is to develop the
knowledge and skills needed to use these processes in real-life situations. "his
pro#ect is a real-world simulation rooted in each student’s personal goals. "his
simulation should be carried out over several classes, devoting appro$imately %&
minutes of each class to the activities. "he first and last days of the simulation
will take the most amount of time. "he pro#ect may be simplified for lower level
classrooms.
Objectives:
1. 'dentify individual lifestyle needs and wants
(. 'dentify possible educational and career choice with corresponding
income.
3. )repare a personal budget for an adult age 3(! to demonstrate
understanding of the material, human, and financial resources need to
accomplish goals.
%. *ake decisions+ solve problems.
&. ,pply basic mathematical operations to solve problems in oral or written
forms.
-. .rite checks properly.
/. 0valuate personal spending choices.
Activities and Procedures:
Pre-Activity: Setting the Lesson
"he 0S1 2ame of 1ife can be introduced to the students by asking the following
3uestions4
1. 5ow does an adult make decisions when making a budget6
(. .hat is the relationship between education and employment6 5ow does
that relationship affect the 3uality of our lives6
10%
't may be useful to pre-teach some lessons on the topics of credit, savings, check
writing, money management principles, consumerism, the social service system,
ta$ation, and the decision making process. "he more information that students
have in advance, the more smoothly the simulation will run.
To begin the simulation:
1. Students will assume a new identity and will then complete a 78onsider
*y 9uture: form, basing their identity on a 3(-year-old adult. "hey will
determine lifestyle choices concerning marital status, family composition,
housing, transportation, and education. "he teacher will keep the
completed forms to use later so that students do not change the
information. Some students may wish to make serious, realistic choices
based on their personal goals while others may wish to make choices for
fun. .hatever choices they make, they will have to keep throughout the
simulation.
(. Students e$amine the ;ccupational 5andbook, <ictionary of ;ccupational
"itles, or other reference materials for #obs=careers re3uiring the following
educational re3uirements before selecting their personal choice for the
78onsider *y 9uture: form.
a. 5igh school diploma
b. ( year associate degree
c. % year bachelor’s degree
d. >( years master’s degree
e. >3 years law degree=)5<
f. >- years *<, not specialist
3. Students convert the information from the 78onsider *y 9uture: form to
the Student )rofile form. Some students may try to change the
predictions now that they know that the forms will be used to make
purchases. "he teacher needs to make sure that students do not change
their original information.
%. "he teacher e$plains to the students that they will be involved in
simulation. 0ach day of the simulation will represent a month in the life of
an adult. "here will be paydays and bills to pay. 9or appro$imately %&
minutes per class, students will engage in the simulation.
&. ;n the first day of the simulation, the students will create a spending plan
on the 8hecking ,ccount Spreadsheet using the Student )rofile form and
the resource packet with costs for items needed. , computer may be
used for spreadsheet calculations or students may pencil in the costs and
use a calculator.
10&
-. Students will receive money for their 7Savings ,ccount:. "he amount
received will vary according to the students. "hey will receive ?& for each
day they have attended class, but one dollar will be subtracted for each
absence or day that they have arrived to class late. "he money in this
account will be presented in a 7check: See resource packet! and its use is
up to the students.
/. Students write a check to pay for each e$pense but leave their checks in
their checkbook until they visit the 7@eal .orld Spending )lace: room.
"he check register is to be completed accurately as well as the
information on the spreadsheet form. "he teacher needs to instruct
students on how to void a check. 'f possible, real checks can be usedA
#ust make sure that no checkbooks go home. ;r, the teacher can create
checkbooks for each student using the model in the resource packet.
B. <uring each day of the simulation, students will enter the 7@eal .orld
Spending )lace,: a room with payment booths for each item on the
budget. "hey will deposit a check for the amount of the item on the
budget. 'n addition, they will select a 71ife’s 1ittle Surprises: ticket
indicating an une$pected gift or bill.
C. .hen all their bills are paid, the students may visit the lu$ury table to
purchase additional items from dinner to a vacation, clothes to electronics.
10. 'n the event of a lack of funds, students may visit the bank to ask for a
loan or they may change some of their fle$ible bills e$4 car choice! but
they may not change the Student )rofile.
Materials and Resources
• , large room with several tables and a few chairs is needed to accommodate
the payment stations and payment officers at some of the tables.
• Signs and payment bo$es shoe bo$es!
• )osters and catalogs of lu$ury items
• 8alculators
• 1ocal bank, credit union representatives as speakers
• 2uest speaker from social services
• Student .ork )ackets,
78onsider *y 9uture: forms
7*y )rofile:
7*y checkbook: checks and register copied from "eacher @esources !
7*y Dudget: form
"he 0S1 2ame of 1ife Euestionnaire
• Student @esource )ackets
10-
Salary and 'ncome "a$ 8hart
8ollege 1oans, 9ood 8osts, 8lothing 8osts
8hild 8are 8osts and 8harities 8hart
5ousing and Ftilities 8ost 8hart
"ransportation 8ost 8hart
'nsurance 8ost 8hart
8able "elevision and 1u$ury "able 8hoices 8hart
• "eacher @esource )acket
Dlank 8hecks "o create student checkbooks!
Savings ,ccount *aster Sheet
1oan *aster Sheet
,ll ,bout 8redit Supplementary ,ctivity Sheets!
1ife’s 1ittle Surprises Sheet to be cut into strips!
• ;ccupational 5andbook or <ictionary of "itles
• 'nternet ,ccess to read and review the following articles or instructor may
choose to print them if necessary!
8an "hey ,fford a Daby6
http4==money.cnn.com=(000=1(=0%=life=3Gcheckskershaw=inde$.htm
,nd Daby *akes "hree
http4==money.cnn.com=(001=1(=1%=saving=3Gbaby=
Evaluation:
1. 0vidence of meeting the learning standards’ performance indicators will be
achieved through a drill and practice activity, and observation and
conferencing during the budget planning periods, as well as during each day.
(. , reflection essay will document student achievement. ;ne random check
will be selected for each student. 0ach student will turn in a student packet
that will consist of all completed forms4 )rofile, Dudget )lan, 8heck @egister,
0valuation, and @eflection 0ssay.
10/
The ESL
2ame of 1ife
Student
or! Pac!et
10B
"onsider My #uture
$ame%%%%%%%%%%%%%%%%%%%%%%%%"areer%%%%%%%%%%%%%%%%%
&ma'ine that you are () years old* +o, ,ould you ans,er these
-uestions.
GGGGGGGGGGGGGGGG1. ,re you married or single6
GGGGGGGGGGGGGGGG (. 'f you are married, does your spouse work6
GGGGGGGGGGGGGGGG 3. 5ow many children do you have6
GGGGGGGGGGGGGGGG %. .hat are their ages6
GGGGGGGGGGGGGGGG &. 5ow many children under &! are in day care6
GGGGGGGGGGGGGGGG -. 5ow many children &-1(! are latchkey6
GGGGGGGGGGGGGGGG /. <o you own a home or rent6
GGGGGGGGGGGGGGGG B. .hat type of dwelling will you have6 8ircle .
a. , one or two bedroom apartment6
b. , two=three=four= bedroom delu$e home6 circle
number of bedrooms!
c. 9arm=single=double
d. Single or double mobile home6
GGGGGGGGGGGGGGG C. 5ow do you go places6
a. ' own a new or used car6 circle!
b. ' use public transportation6 bus=cab! circle!
GGGGGGGGGGGGGGG 10. 5ow does your spouse go places6
a. *y spouse owns a new or used car. circle!
b. *y spouse uses public transportation bus=cab!
circle!
GGGGGGGGGGGGGGGG 11. 5ow many years have you attended school6
GGGGGGGGGGGGGGGG 1(. 5ow many years has your spouse attended school6
10C
My Profile
$ame %%%%%%%%%%%%%%%%%%%%%%%%%%%%%/ate: %%%%%%%%%%%%%

"hec! the a00ro0riate lines*

Education, highest level achieved:
1ou S0ouse
GGGGG no high school diploma GGGGG no high school
diploma
GGGGG high school diploma GGGGG high school diploma
GGGGG two-year college degree GGGGG two-year college
degree
GGGGG Dachelor’s degree % yrs! GGGGG Dachelor’s degree
% yrs!
GGGGG *aster’s degree GGGGG *aster’s degree
GGGGG <octorate degree GGGGG <octorate degree

Family
GGGGG single
GGGGG married
GGGGG children, include H and ages
GGGGGGGGGGGGGGGGGGGGGGG
GGGGGGGGGGGGGGGGGGGGGGG
GGGGGGGGGGGGGGGGGGGGGGG
Housing
GGGGG rent
GGGGG own home
GGGGG farm=mobile home

Transportation
GGGGG used car
GGGGG new car
GGGGG bus
110
My 2ud'et
TA2LE AMO3$T AMO3$T TOTAL
ME SPO3SE AMO3$T
/e0osit for Attendance ? . ? .
4* &ncome Ta5es6 &nternal Revenue
Service
? . ? . ? .
)* Student Loan6 7tuition8
$orth "arolina Savin's 2an!
? . ? . ? .
(* +ousin' "hoice6 $" Savin's 2an! ? . ? .
9* #ood6 Su0erGrocery ? . ? .
:* "lothin'6 Le 2oo;Ti-ue ? . ? .
<* "hild "are6 Little Ones= /ay "are ? . ? .
>* 3tilities6 3tilities 3nited ? . ? .
?* Trans0ortation6 "ar loan6
$orth "arolina Savin's 2an!
? . ? . ? .
@* Gasoline or 2us 0ass 7A:B*BB86
/o,nto,n Transit Authority
? &0.00 ? &0.00 ? .
4B* &nsurance 7auto86
Southeastern &nsurance "o*
? . ? . ? .
44* &nsurance 7+ealth86
Southeastern &nsurance "o*
? . ? .
4)* &nsurance 7+ome86
Southeastern &nsurance "o*
? . ? .
4(* &nsurance 7Life86
Southeastern &nsurance "o*
? . ? . ? .
49* Savin's6 $" Savin's 2an! ? . ? . ? .
4:* /onations to charity of your choice ? . ? . ? .
4<* "able6 e ire 1ou "able "om0any ? . ? .
4>* Life=s Little Sur0rises e50enses ? . ? .
4?* /inin' out ? . ? . ? .
4@* Medical emer'ency ? . ? .
)B* Lu5uries ? . ? .
)4* /e0osit from Life=s Little Sur0rises ? . ? .
S32 TOTAL ? . ? .

*onthly salary ?GGGG > Spouse’s salary ? GGGGG I ?GGGGGG "otal *onthly Salary
?GGGGGGG *onthly e$pense total amt.
spent!
?GGGGGGG *onthly checking account
balance
after paying bills with checks!

Jot enough money6
1oan amount ?GGGG *onthly payment for 1 year ?GGGGGGG
.ithdrawal from savings ? GGGGGG
111
The ESL Game of Life Cuestionnaire
$ame %%%%%%%%%%%%%%%%%%%%%% /ate %%%%%%%%%%%%%%%
.rite an essay about your e$perience in the 0S1 2ame of 1ife. 'n your essay be
sure to include4
• 'f your budget turned out the way you e$pected in giving you the 3uality of life
you wanted.
• 'f you would make different choices if you were to visit the @eal .orld
Spending )lace again.
• .hat you learned about career choices from visiting the @eal .orld Spending
)lace that will be useful in your future.
• ,n introduction, a body, and a conclusion.
Check your writing for correct spelling, grammar, and punctuation.
11(
Evaluation
$ame %%%%%%%%%%%%%%%%%%%%%%%%%%%%%% /ate: %%%%%%%%%%%
1. Jame 3 study skills that were necessary to help you in the 0S1 2ame of 1ife.
5ow did each skill help you6
Skill 14 GGGGGGGGGGGGGGGGGGGGGGGGGGGGGG 5elped by4GGGGGGGGGGGGGGGGGG
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
Skill (4 GGGGGGGGGGGGGGGGGGGGGGGGGGGGGG 5elped by4GGGGGGGGGGGGGGGGGG
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
Skill 34 GGGGGGGGGGGGGGGGGGGGGGGGGGGGGG 5elped by4GGGGGGGGGGGGGGGGGG
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
• 8ircle the number that fits your opinion4
3. *y checkbook records are near perfect.
(. *y checkbook records are pretty good
1. *y checkbook records have some errors=confusion.
0. *y checkbook records are a total mess.
• 8ircle the number that fits your opinion4
- 3. "his 0S1 2ame of 1ife was greatK
- (. "his 0S1 2ame of 1ife was good.
- 1. "his 0S1 2ame of 1ife was ;L.
- 0. "his 0S1 2ame of 1ife was so-so.
• 8omplete these sentences4
- ' am glad 'M GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
- ' wish ' hadM GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
- ' learned that 'M GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
- ' will always remember "he 0S1 2ame of 1ife becauseM GGGGGGGGGGGG
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
- "he @eal .orld Spending )lace could be better ifMGGGGGGGGGGGGGGGGG
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
113
The ESL
2ame of 1ife
Student
Resource Pac!et
11%
Salary and &ncome Ta5 "hart
nstructions: Loo! up your salary and determine ho" much income ta#
money needs to be "ithheld $rom your paychec! on a monthly basis%
<educt ?3& from the monthly ta$ you pay each month for each child that you
have. <o Jot deduct anything from your spouse’s ta$ obligation. ;nly one of
you may get the credit for children.

LEDEL O#
E/3"AT&O$
A$$3AL
SALAR1
MO$T+L1
SALAR1
MO$T+L1
S&$GLE
TAE
MO$T+L1
MARR&E/
TAE
$o hi'h school
di0loma
?1(,000 ?1000.00 ?1//.00 ?1(/.00
+i'h school di0loma ?1&,000 ?1(&0.00 ?(%(.00 ?1C(.00
T,o;year colle'e
de'ree
?(1,000 ?1/&0.00 ?3&B.00 ?30&.00
#our;year colle'e
de'ree
?(/,000 ?((&0.00 ?%B&.00 ?%3&.00
Masters de'ree ?3-,000 ?3000.00 ?B-3.00 ?/-1.00
/octorate de'ree
7Ph/8
?%(,000 ?3&00.00 ?C--.00 ?C3C.00
Medical /octorate
de'ree
?100,000 ?B,333.00 ?31-B.00 ?(B0B.00
11&
"olle'e Loans
5ave you gone to college6 'f so, you will need to deduct the following amounts
from your monthly income.
) 1EAR "OLLEGE A :B
9 1EAR "OLLEGE A4:B
MASTERS /EGREE A)BB
79 years 0lus 4;) e5tra years8
/O"TORATE6 P+/ A(BB
M/ 7Medical /octor8 A<BB
#ood "osts based on #amily SiFe
S&$GLE MALE A4?B*BB

S&$GLE #EMALE A49B*BB

MARR&E/ "O3PLE A(:B*BB

#OR EA"+ "+&L/ A// A$ EETRA A4BB*BB

"lothin'
J; 8;11020 <02@00 8;11020 <02@00

S&$GLE &$/&D&/3AL A:B*BB A4:B*BB

MARR&E/ "O3PLE A>B*BB A(BB*BB

#OR EA"+ "+&L/ A9B*BB 0er child A>:*BB 0er
child
&E'E'(E&) THESE A&E *E&+ (AS,, '-'AL ,.STS%
+./ 0LL L1EL+ SPE-2 '.&E .- ,L.TH-3
TH&./3H./T THE +EA&% +./ ,A- ALS. P/&,HASE
A22T.-AL ,L.TH-3 AT THE L/4/&ES TA(LE%
11-
"hild "are
+AT /OES &T "OST.

"hildren A'ed < ee!s to 4? months 74 4G) yrs old8
A(:B*BB 0er month
A<(B*BB 0er month for t,o children

"hildren A'ed 4@ months to : 1ears Old
A()B*BB 0er month
A:>:*BB 0er month for t,o children

After School "are A'e : to 4B 1ears Old
A?B*BB 0er month
"harities: They need your hel0
AMER&"A$ /&A2ETES ASSO"&AT&O$
AMER&"A$ "A$"ER SO"&ET1
AMER&"A$ +EART ASSO"&AT&O$
AMER&"A$ RE/ "ROSS
ASSO"&AT&O$ #OR T+E 2L&$/ A$/ D&S3ALL1 &MPA&RE/
ASSO"&AT&O$ #OR RETAR/E/ "&T&HE$S
"ERE2RAL PALS1 ASSO"&AT&O$
"OMM3$&T1 M&SS&O$S
MAR"+ O# /&MES
M3S"3LAR /1STROP+1 ASSO"&AT&O$
T+E 3$&TE/ A1
"+3R"+ES6 MOSC3ES6 S1$AGOG3ES6 A$/ TEMPLES
+OSP&TALS
P32Ll" L&2RAR&ES
S"O3T&$G GRO3PS
DOL3$TEER #&RE#&G+TERS
A$/ SO MA$1 MOREI

11/
+ousin'
S3MMAR1 O# "+O&"ES &T+ MO$T+L1 PA1ME$T

RE$TAL
;J0 D0<@;;* ,),@"*0J" ? %/&.00
;J0 D0<@;;* <01FN0 ? -00.00
".; D0<@;;* ,),@"*0J" ? &/&.00
".; D0<@;;* <01FN0 ? /00.00

+OME O$ERS+&P
".; D0<@;;* 5;*0 ? /00.00
"5@00 D0<@;;* 5;*0 ? C00.00
9;F@ D0<@;;* 5;*0 ?1,100.00
<01FN0 5;*0, SFDF@D,J <0O01;)*0J" ?1,-00.00
S*,11 9,@* ? C&0.00

MA$3#A"T3RE/ +OMES
S'J210 .'<0 *;D'10 5;*0 ? &00.00
<;FD10 .'<0 *;D'10 5;*0 ? -(&.00

3tilities
-,L/2ES +./& '.-THL+ PA+'E-TS F.&:
ELE"TR&"&T1
GAS
ATER
TELEP+O$E

&# 1O3 +ADE:

O$E 2E/ROOM APARTME$T A4:B*BB
TO 2E/ROOM APARTME$T A4>:*BB
TO 2E/ROOM +O3SE A)BB*BB
T+REE 2E/ROOM +O3SE OR
SMALL #ARM A)):*BB
#O3R 2E/ROOM OR /EL3EE +O3SE A):B*BB
S&$GLE &/E MO2&LE +OME A)BB*BB
/O32LE &/E MO2&LE +OME A)4:*BB
11B
Trans0ortation
-E0 DE+&"LE MO$T+L1 LOA$ "OSTS
Sporty:
Toyota Paseo A):B*BB
9ord *ustang 8onvertible ?3&0.00
Le5us A>):*BB

Sedans:
9ord 0scort ?(00.00
Mercury Grand Mar-uis A)>:*BB
Pontiac Grand Am A(BB*BB

For The Family:
Mercury Sable a'on A)):*BB
Plymouth Doya'er Mini;Dan A():*BB
&ugged:
8hevy S-10 )ick-Fp ?(00.00
+onda Pass0ort A):B*BB
9ord 0$plorer ?3(&.00
/SE2 DE+&"LE MO$T+L1 LOA$ "OSTS

Sporty:
1CC& 8hevy 8avalier ?110.00
1CC/ *ustang 8onvertible ?(-&.00

Sedans:
1CC3 2rand *ar3uis ?1(0.00
1CCC )lymouth Jeon ?1B0.00

11C
For The Family:
1CCB 8hevy ,stro Oan ?(00.00
1CC1 )lymouth Ooyager Jeeds .orkK! ? C0.00

&ugged:
1CC% S-10 )ick-Fp ?1(&.00
1CC/ Peep 2rand 8herokee ?300.00

&emember) $ you have purchased a vehicle, you must add 567%77 per
month $or gasoline costs% +ou can al"ays purchase a bus pass $or 567%77
per month, i$ o"ning a vehicle doesn8t $it into your budget%
1(0
&nsurance

Please deduct the cost of each insurance 0olicy that you ,ish to
0urchase*

&emember:
• 1ou must 0urchase homeo,ners and auto insurance if you o,n a house
and a vehicle*
• Renters6 medical6 and life insurance are o0tional*
• 1our em0loyer ,ill contribute an e-ual amount to,ards your medical
insurance6 if you choose to 0urchase it*
+OMEO$ERS &$S3RA$"E A ):*BB 0er month

A3TO &$S3RA$"E A >B*BB 0er month

+EALT+ &$S3RA$"E6 "O;PA1:
#AM&L1 POL&"1 A4:B*BB 0er month
&$/&D&/3AL 7sin'le8 A >:*BB 0er month

RE$TAL &$S3RA$"E 7for a0artment d,ellers8 A 4<*BB 0er month

L&#E &$S3RA$"E6 5977,777%77 "ODERAGE:
MALE6 $on;smo!er A ?*BB 0er month
MALE6 Smo!er A4)*BB 0er month
#EMALE6 $on;smo!er A >*BB 0er month
#EMALE6 Smo!er A44*BB 0er month

1(1
"able Television
+ERE=S +AT &T &LL "OST 1O3:
Dasic Service ? /.00
8able Oalue ;ption ?3(.00 8h. 1%-/B!
)remium 8hannels4
8inema$ ?1(.00
5D;, Showtime ?1(.00
SPE"&ALII Ta!e any t,o 0remium channels for
J3ST A4@*BB 0er month 70lus basic char'e 0lus "able Dalue O0tion8


Lu5ury Table "hoices
Dacation 7e50enses include travel from Ralei'h6 $"8
PA,1A3ES, per person, per "ee! :includes air$are, hotel; :
alt /isney orld A <:B*BB
Jamaica A ?BB*BB
Me5ico A ?BB*BB
"aribbean "ruise A46BBB*BB
A& .-L+, per person:
ashin'ton6 /*"* A 4?:*BB 70lus A@B*BB hotel6 0er ni'ht8
Euro0e A ::B*BB
Australia A(6BBB*BB
H.TEL .-L+, per person:
Toronto 7/rive8 A4BB*BB hotel 0er ni'ht
'/SE/'S
Museum of Science A :*): adults6 A(*): !ids6 A9B*BB family
membershi0
Art Gallery A 9*BB adults6 !ids free
1((
Entertainment
+AT /OES &T "OST.
SPORT&$G EDE$TS A :*BB to A>:*BB
7baseball 'ames6 bas!etball6 soccer6
football6 hoc!ey6 and others8
2o,lin' A 4*>: 0er 'ame
K A 4*BB shoe rental
Golf A9B*BB for 4? holes
A)B*BB for 4 doFen balls
MOD&ES A)*BB to A?*BB 0er 0erson
70lus A4B for lar'e 0o0corn and t,o drin!s8
"O$"ERTS A):*BB and u0

PLA1S A4:*BB and u0
#REEI #REEI #REEI
, walk in the park
, family picnic
Dorrowing a video tape from the library
.indow-shopping
, bike ride
Lite flying
*any *useums
1(3
A Meal at a Restaurant
FAST F..2 &ESTA/&A-TS
A:*BB for each adult
A(*BB for each child

FA'L+ &ESTA/&A-TS
A4B*BB for each adult
A :*BB for each child
F.&'AL &ESTA/&A-TS
A)B*BB for each adult
A4B*BB for each child
/on=t for'et to leave at least 4:L for a ti0I
Personal Groomin'
MA$MS +A&R"3T A4:*BB
OMA$MS +A&R"3T A))*BB
"+&L/=S +A&R"3T A ?*BB
"OLOR 7&ncludes "ut8 A9B*BB
PERM 7&ncludes "ut8 A:B*BB
1(%
1(&
The ESL
2ame of 1ife
Teacher
@esource )acket
1(-
2lan! "hec!s to "reate "hec!boo!s

H GGGGGGGG
JameGGGGGGGGGGGGGGGGGGGGGGGGGGG
,ddressGGGGGGGGGGGGGGGGGGGGGGGGG
8ity, State Q')GGGGGGGGGGGGGGGGGGGG <ateGGGGGGGGGGGGG

)ay "o "he ;rder ;fGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG ?GGGGGGGGGGGGGG
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG<;11,@S
@eal .orld Dank
300 *ain Street
9ayetteville, J8 (B301

9;@ _____ _____________ S'2J,"F@0GGGGGGGGGGGGGGGGGGGGGGGGGGGGG

'40000-0000'0&03 01-(3-%&-/R
H GGGGGGGG
JameGGGGGGGGGGGGGGGGGGGGGGGGGGG
,ddressGGGGGGGGGGGGGGGGGGGGGGGGG
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@eal .orld Dank
300 *ain Street
9ayetteville, J8 (B301

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2lan! /e0osit Tic!ets for "hec!boo!s
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@eal .orld Dank
300 *ain Street
9ayetteville, J8 (B301

'40000-0000'0&03 01-(3-%&-/R
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300 *ain Street
9ayetteville, J8 (B301

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1(B
CASH CURRENCY
COIN
CHECKS – LIST SINGLY
Total From Other Side
TOTAL
LESS CASH RECEIVED
TOTAL DEOSIT
CASH CURRENCY
COIN
CHECKS – LIST SINGLY
Total From Other Side
TOTAL
LESS CASH RECEIVED
TOTAL DEOSIT
8heckbook @egister
This re'ister can be used to !ee0 a record of all your chec! and non;chec!
transactions* 2e sure to record all char'es that affect your balanceN
service char'es6 automatic deductions6 etc* Mar! the O T P column ,hen
your chec! has cleared the ban!*
&TEM
$3M2ER
/ATE "+E"Q OR /EPOS&T &SS3E/ TO T "+E"Q OR
/E2&T
AMO3$T
/EPOS&T OR
"RE/&T
AMO3$T
2ALA$"E
#/
1(C
Savin's Account

$ame /ate Amount ithdra,n







































130
Loans
$ame /ate Amount
2orro,ed
Amount /ue in
4 1ear
Monthly
Payment














































131
All About "redit
7Su00lementary Activity Sheets8
To !no, ho, much credit costs6 you must be able to understand Rcredit
0rice ta'sR*
• The #inance "har'e tells you6 in dollars6 the total cost of usin'
credit* &t includes the interest6 service char'e6 credit re0ort char'es
and cost of any credit;related insurance* 7The finance char'e is the
same as the dollar cost of credit*8
• The Annual Percenta'e Rate 7APR8 'ives the annual cost of credit in
0ercenta'e terms* &t 'ives the relationshi0 0er year bet,een the
finance char'e and the amount financed*
Thin's that affect the cost of credit:
• +o, Much "redit 1ou 3se ;; the cost of the 0urchase or amount of
the loan* &nterest is calculated on the amount of credit* The credit
costs are less for a A)BB item than a A(BB item ,hen financed at the
same APR*
• +o, Lon' 1ou Ta!e To Pay for the 3se of the "redit ;; &nterest is
char'ed for the entire time that it ta!es you to re0ay the loan* &f you
0ay bac! a loan in one year rather than t,o years6 the credit costs
are less6 even if the APR is the same*

Loo! at ho, credit costs differ in this e5am0le of an installment credit
0urchase* Su00ose you are buyin' a A:BB*BB item ;; say a television*


APR
Time to
0ay bac!
Monthly
0ayment
Total
finance
char'e
Total cost of
television
Lender
A
4?*(L 4*: years A(4*?? A>(*?9 A:>(*?9
Lender
2
44*<L 4 year A99*:( A(9*(<
7A)*(:8S
A:(9*(<
Lender
"
)9*>L 4 year A9@*BB A??*BB
7A4(*?48S
A:??*BB
Lender
/
4)L < months A?<*)> A4>*<) A:4>*<)
S indicates insurance char'e added to finance char'e
13(
The Real "ost of "redit
<(uy no", pay later= has become the sho00er=s motto* 2ut just
,hat are the costs of usin' credit or borro,in' money. 2elo,
are three e5am0les that describe different 0eo0le usin' credit to
buy somethin'* #ollo, the instructions6 usin' the sim0le
formulas 'iven at the end of each e5am0le*

E4A'PLE >9:
After ei'ht months of savin' his
money6 Ale5 has finally 0ut aside
enou'h to buy a di'ital camera* After
sho00in' around6 Ale5 finds the
camera he li!es on sale at a major retail
store for A<)B* &n addition to the sale6 the store is also offerin' a s0ecial
deal to encoura'e sho00ers to 0urchase the camera* "ash customers can
0ut A4:B do,n and then 0ay only A9: a month for a year to 0ay off the
camera* Althou'h Ale5 has enou'h money to 0ay for the camera6 he is
tem0ted to ma!e his 0urchase on the s0ecial 0lan so that he has e5tra cash
to buy some e5tra memory cards and accessories to 'o ,ith the camera*
hat ,ill be the total cost of the camera if Ale5 0urchases it on the s0ecial
0lan6 and ,hat is the finance char'e Ale5 ,ill be 0ayin' to 0urchase the
camera on credit.

F.&'/LA: 2o these t"o steps to $ind the ans"ers%
STEP A:
Amount of each 0ayment E 7times8 number of months and then add the
do,n 0ayment T "ost of "amera*
STEP (:
Total "redit Price 7"ost of "amera8 ; 7minus8 retail 0rice T #inance "har'e
/o your calculations here:
133
E4A'PLE >?:

Juan has been savin' the money he earns
,or!in' 0art;time to buy his o,n car* +e has
A46:BB to 0ut do,n and 0lans to borro, A(6BBB
from a ban! in order to buy a car for A96:BB* The
credit union has a'reed to loan Juan the money
he needs at an interest rate of 4:*):L 7*4:):8*
Juan is re-uired to 0ay off the loan ,ithin three
years* +o, much interest ,ill Juan 0ay on the
loan over the three;year 0eriod6 and ,hat ,ill be the total cost of the car.

F.&'/LA:
STEP A:
Amount of Loan E 7times8 /ecimal fraction of interest rate E 7times8 number of
years of loan T #inance "har'e
STEP (:
#inance "har'e K 70lus8 amount of loan T total cost of loan*
STEP ,:
Total cost of loan K 70lus8 amount of do,n 0ayment T total cost of car*

E4A'PLE >@:
Qyon' ,ants to buy a ne, bi!e* +er father has a'reed to
lend her the A)9B she needs to buy it6 but to assure that
Qyon' ta!es the loan seriously6 he told her that he ,ould
char'e her interest on the loan* Qyon' a'rees that she
,ill 0ay her father A4) a month for the ne5t t,o years to
0ay off the loan6 ma!in' the final cost of the bicycle A)??*
hat is the interest rate Qyon'=s father has char'ed.

F.&'/LA:
STEP A:
#inal Price of 2icycle; 7minus8 Retail 0rice of 2icycle T Total #inance
"har'e
STEP (:
Total #inance "har'e /ivided by number of years of loan T Annual #inance
"har'e
STEP ,:
Retail 0rice of bicycle divided by annual finance char'e T interest
13%
Life=s Little Sur0rises
Receive Money:
• fill out checking deposit slip for cash
• record in register
• record on budget under H(1

S0end Money:
• write check
• record in register
• record on budget H1/

$ote to teacher:
4* "o0y and cut out the above si'n for the ULife=s Little
Sur0risesV table*
)* "o0y and cut the follo,in' Usur0risesV into sli0s of 0a0er*
(* #old the sli0s so that the students cannot see their Ulittle
sur0riseV in advance*

Sur0riseI
Prescri0tion for flu* ith insurance ; $O "+ARGE*
ithout insurance ; 0ay A::*
Ma!e chec! 0ayable to Pharmacy "ity*

Sur0riseI
Disit doctor for headaches* ith insurance ; $O "+ARGE*
ithout insurance ; 0ay A(:*
Testin'; ,ith insurance 0ay A4:6 ,ithout insurance 0ay A4>:*
Ma!e chec! 0ayable to #ayetteville Medical Grou0*
13&

Sur0riseI
"hest 0ains* +os0ital stay ,ith insurance ; A)4)*
ithout insurance ; 0ay A)4BB*
Ma!e chec! 0ayable to "a0e #ear Medical "enter *

Sur0riseI
"hronic bac! 0ain caused by old mattress*
ill you 0urchase a ne, one for A):B.
Ma!e chec! 0ayable to Mattressorld*

Sur0riseI
A toothache in the ni'ht sends you to the dentist* Office visit cost is A):*
&f you have insurance6 the cost is A:*
Ma!e chec! 0ayable to "a0e #ear /ental "linic*

Sur0riseI
Routine doctorMs a00ointment* ith insurance ; A:*
ithout insurance ; 0ay A(:*
Ma!e chec! 0ayable to "a0e #ear Medical Grou0*

Sur0riseI
/evelo0ed s!in rash* Disit s0ecialist* ith insurance ; $O "+ARGE*
ithout insurance ; 0ay A<B*
Ma!e chec! 0ayable to "a0e #ear Medical Grou0*

Sur0riseI
S0rained an!le* Emer'ency room ; ,ith insurance A><*
ithout insurance ; A><B*
Ma!e chec! 0ayable to $orth "arolina Memorial +os0ital*

13-
Sur0riseI
1our TD bro!e* Re0air it for A4:B or buy a ne, one for A(BB* 1our choice*
Ma!e chec! 0ayable to #ayetteville Electronics*

Sur0riseI
1our only medical emer'ency this month is a 0a0er cut*
$o char'eI
Sur0riseI
Routine dental a00ointment* ith insurance ; $O "+ARGE*
ithout insurance ; 0ay A<B*
Ma!e chec! 0ayable to #ayetteville /ental*
Sur0riseI
1ou received an inheritance*
Add A)BBB to your savin's account ne5t to Life Sur0rises on financial 0lan*
Sur0riseI
1ou have an a00liance to re0air costin' A?:*
Ma!e chec! 0ayable to "a0e #ear A00liance Re0air*
Sur0riseI
1ou left a 0ot burnin' on the stove* #ire dama'e is covered by insurance*
&f you do not have insurance6 0ay A4BBB*
Ma!e chec! 0ayable to $orth "arolina 2uilders*

Sur0riseI
1ou had a 'ara'e sale*
Add A)BB to your savin's account ne5t to Life Sur0rises on financial 0lan*
13/
Sur0riseI
1our cousin is 'ettin' married* The 'ift and a card cost A9:*@@*
Ma!e chec! 0ayable to Su0erMart*
Sur0riseI
1our car needs re0air* /educt A4:B*
Ma!e chec! 0ayable to "a0e #ear Automotive*

Sur0riseI
1ou ,or!ed overtime this ,ee!* Add A(BB to your 0ay*
/e0osit to your savin's account*

Sur0riseI
1ou received an A?: s0eedin' tic!et*
Ma!e chec! 0ayable to "umberland "ounty*

Sur0riseI
1our s,eet tooth 'ets the best of you and you buy A(B ,orth of Girl Scout
coo!ies* Subtract it from your income*
rite chec! 0ayable to Girl Scouts of America*
Sur0riseI
2in'oI 1ou hit the jac!0ot A)BB 'ets added to your income*
Add to your savin's account ne5t to Life Sur0rises on financial 0lan*

13B
Sur0riseI
1our child is turnin' five tomorro,* 2uy a 0resent*
1our choice as to a reasonable cost*
rite chec! to Toys;R;3s*

Sur0riseI
1ou must ma!e out a ,ill* Le'al fees are A(BB*
Ma!e chec! 0ayable to Sandhills La,yerMs &nc*

Sur0riseI
3ncle Elmer sends you A): for your birthday*
Add it to your savin's account ne5t to Life Sur0rises on financial 0lan*

Sur0riseI
1i!esI 1ou ran over your sonMs bicycle* 2uy him a ne, one* 1ou can
0urchase a lo,er cost one for A>: or s0lur'e a little and buy one for A4:B*
1our choice*
rite a chec! 0ayable to Sandhills "ycle Sho0*
Sur0riseI
"on'ratulationsI 1ouMve ,on A:B in the comedy contest* Add to your
savin's account ne5t to Life Sur0rises on financial 0lan*

Sur0riseI
1ou ,in A>: in the bo,lin' tournament* Stri!eI
Add to your savin's account ne5t to Life Sur0rises on financial 0lan*

13C
Sur0riseI
1our child needs dental ,or! that isnMt covered by insurance* 1ou M&& have to
0ay A:B 0er month for the ne5t five months in advance*
Ma!e chec! 0ayable to #ayetteville /ental*

Sur0riseI
1our A) lottery tic!et ,on A)B* Add the difference to your savin's account
ne5t to Life Sur0rises on financial 0lan*
Sur0riseI
Sorry6 you bou'ht A4B ,orth of lottery tic!ets in South "arolina6 but none
of them ,ere ,inners* Subtract the cost of the tic!ets*
Ma!e chec! 0ayable to South "arolina State Lottery*
Sur0riseI
All those 0hone calls to Alas!a are sure addin' u0*
7Start ,ritin' more letters ne5t month*8
rite a chec! for A<B to S0rint*

Sur0riseI
Mr* Pretty Purrfect6 your cat ,ins the Prettiest #eline "om0etition*
Add A): to your savin's account ne5t to Life Sur0rises on financial 0lan*

Sur0riseI
S0rin' cleanin' timeI #reshen u0 your ,alls ,ith a ne, coat of 0aint*
Subtract A<B for su00lies*
Ma!e chec! 0ayable to Real Dalue +ard,are*
1%0
Sur0riseI
1our boss li!es your su''estion* As Em0loyee of the Month you ,in A>:*
Add to savin's account ne5t to Life Sur0rises on financial 0lan*

Sur0riseI
1ou for'ot to return a co0y of Jurassic Par! to the video sho0* Subtract A4:
for the e5tra days rental*
Ma!e chec! 0ayable to 2loc!buster Dideo*
Sur0riseI
Little Susie ,ants to ta!e 'uitar lessons* Each lesson costs A?* Subtract
the cost of four lessons*
Ma!e chec!s 0ayable to Mr* Armstron'*
Sur0riseI
Oo0sI A baseball ,ent throu'h your livin' room ,indo,* Pay A:B and your
homeo,ners insurance ,ill cover the rest
Ma!e chec! 0ayable to Sandhills Glass "o*
Sur0riseI
Grandma and Grand0a are comin' to visit for their anniversary* 1ouMll need
e5tra 'roceries for the 0arty youMre thro,in' for them* /educt an e5tra A>:*
Ma!e chec! 0ayable to #ood Lion*

Sur0riseI
1our hard ,or! at ni'ht school 0aid off* 1ouMve received a 0romotion at
,or! and can add :L to your monthly income*
/e0osit in your savin's account ne5t to Life Sur0rises on financial 0lan*
Sur0riseI
Little JoeyMs eye'lasses fly off his face durin' the bi' bas!etball 'ame*
"runchI Pay "lear Dision O0tical A4BB to re0lace them*
1%1
Sur0riseI
1our car needs a ne, tire* Subtract A:B*
Ma!e chec! 0ayable to SamMs "lub *

Sur0riseI
1ou ,on the carnival raffle*
Add A:B to your savin's account6 ne5t to Life Sur0rises on financial 0lan*

Sur0riseI
1our do' has ,orms* A9: for the vet and medicine 0leaseI
Ma!e chec! 0ayable to Mi'hty Pet Det*

Sur0riseI
Pin! eye6 doctor visit* ith insurance ; $O "+ARGE6 ,ithout insurance ;
A(:*
Ma!e chec! 0ayable to Memorial Medical "enter*
Prescri0tion ; ,ith insurance A:6 ,ithout insurance ; A)9* Pay "DS
Pharmacy*
1%(