Aloha Aloha to theto the

Reality StoreReality Store

Or, is life really a picnic?

Envision your lifeEnvision your life

Do you want to be a chef?

Or a butler?

In the words of a student,

“The Reality Store is where you calculate what you will

earn with a certain education and see how you

end up financially. This provides a fun and

enjoyable way to learn about the financial world. "

“The Reality Store is where you calculate what you will

earn with a certain education and see how you

end up financially. This provides a fun and

enjoyable way to learn about the financial world. "

Students will apply the decision-making, problem-solving, and

management processes to develop a spending plan to meet

established goals with a degree of accuracy.

The goal is to develop the knowledge and skills needed to

use these processes in practical, real-life situations involving the use of money.

The Reality StoreReality Store is a place where students pay bills after

planning their budget for a level of income based on a predetermined

level of education.

Guiding Questions: Guiding Questions:

How does an adult make decisions when formulating a

spending plan?

"It helped me understand how hard it is to be grown

up and have to pay for everything." (Christine)

What is the relationship between education and employment, and one’s

quality of life?

Why is mathematics important in everyday life?

“I realized that one little mathematical error can make a big difference in a checkbook."

(Kristie)

Skills and knowledge a student must acquire during the

learning experience in order to be successful:

Identify individual lifestyle needs and wants

Identify possible educational and career choice with corresponding income

Formulate a personal spending plan for age 28

Make decisions; solve problems

Spend and save money wisely

Add and subtract with or without a calculator

Write checks properly

Reason, evaluate, and communicate about personal

spending choices

Identify their own abilities and interests as possible guides to

career choice

“What do we want a graduate of our school to look like?”

Shawn Suzuki

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What do we need to do to implement this program?

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Involve staff in planning the event

Involve community members

Establish a timeline

Establish an operational procedure

Develop an assessment plan

OverviewOverview

STANDARDS AND PERFORMANCE INDICATORS

STANDARDS AND PERFORMANCE INDICATORS

► FAMILY AND CONSUMER SCIENCES (Spending Plan)

► CAREER DEVELOPMENT AND OCCUPATIONAL DEVELOPMENT (Education + Employment = Quality of Life)

► MATHEMATICS AND SOCIAL STUDIES (Consumer Math and Economics)► ENGLISH LANGUAGE ARTS (Reflection)

There are three parts to the

Reality StoreReality Store

I. Preparation:I. Preparation:

Activities designed to help students start thinking about their futures and the type of

lifestyle they would like to have when they're in their mid-

twenties.

Let's pretend you are 28 years old. What would be your answers to

these questions?  

Are you married or single? 

If you are married, does your spouse work?  

How many children do you have?  

What are their ages?

How many are under 5 and in day care? 

Or…do you rent or own your dwelling?

Do you have a new or a used car?

Did you go to college?

II. Reality Store II. Reality Store visitvisit

III. Follow-up discussions III. Follow-up discussions

As students finish their trip through the Reality StoreReality Store, they complete an evaluation form which asks them to reflect on the activity. Follow up discussions encourage students to share their thoughts and reactions and compare their experiences in the Reality Store Reality Store with how they envisioned their future.

Each teen is given a fake checkbook register with one month's salary on

deposit, plus a $500 savings

account to spend or save

"When I first started to do the checkbook thing, I thought it was a

waste if time, but once I learned how hard it was to do all that stuff, I realized why they were teaching

it." (Jerry)

"I learned I need to take care of bills before I spend all my money on luxuries." (Shane)

A roll of the dice decides the marital status of each student and

the number of children.

Participants are given a monthly salary for an occupation of their

choosing.

They visit stations and deduct expenses based on the choices

they make.

"The thing that surprised me the most was all of the

insurance." (Mario)

"My daughter cost me a tons of money, my hand hurts from writing checks, and my budget is not balancing." (Danielle)

How do we assess student work?

√

√

√

Rubric

Reflection essay

Properly submitted forms: Profile, Budget Plan, Check, Evaluation, Essay

RubricRubric

4 EXPERIENCED REALITY

5 PRETENDED REALITY

6 UNREALISTIC

1 OUT OF TOUCH WITH REALITY

Dimensions of RubricDimensions of Rubric

* Decision Making

* Mathematics

* Check Writing

* Filling out forms

* Evaluation

* Reflection

Reality StoreReality Store Reflection Questions

Reality StoreReality Store Reflection Questions

♠ Did your budget give you the quality of life you wanted?

♠ Would you make different choices if you visited again?

♠ What did you learn about career choices that you will use in planning your future?

Properly Submitted FormsProperly Submitted Forms

"An important factor in applying for a job

is education." (Alexis)