Living+on+Minimum+Wage

CAN YOU LIVE LIKE THIS?

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I. Background Info (25pts)

 * 1) Create a Google document and name it "Living on Minimum Wage Questions" with your Block Number and your names. Research and answer the following questions in complete sentences with correct grammar, spelling and punctuation. (5pts)
 * 2) Let’s assume you have completed some high school or finished all of high school and received a high school diploma. What types of jobs are you qualified for with your high school diploma? (3pts)
 * 3) Given your qualifications, you will likely be earning a salary near minimum wage. What is minimum wage? How much would that be monthly and yearly? (3pts)
 * 4) What is the poverty line and how does this income relate to the poverty line? Please find this information on the Internet. (3pts)

II. Creating A Budget (20pts)

 * 1) Use the following link to create your budget BUDGET LINK. Once you open this spreadsheet, you must be logged into Google Docs to click on "File", "Make a Copy". Name it "Living Budget" with your Block Number and names. (5pts)
 * 2) Prepare a budget for one month to determine whether they can live in Colorado Springs, on a minimum wage salary.
 * If they need to find a realistic budget, search the internet for what to include. They should use the Internet to find rates for rent, food, etc. Students should estimate expenses that do not have easily identifiable rates (gas and electric, auto insurance, etc). Also discuss this with your parents, older relatives or friends. (10pts)
 * The budget should use the Sum function to total things for you and the subtraction formula to see how much you have left to spend. (5pts)

III. Summary and Reflection (part of 25pts above)
Discuss and record in your Google Document named "Living on Minimum Wage:
 * 1) What were things that you could and could not afford on their minimum wage budgets? (3pts)
 * 2) Was the food that they purchased a well-balanced nutritious diet? (3pts)
 * 3) What is not in this budget that you wanted to add? (3pts)


 * 1) Make sure your names and block number are inside both the spreadsheet and the document.
 * 2) Share both documents with manitoutech@gmail.com. (2pts)

IV. Take a Break

 * 1) Day II: Play this game.