NAME/DAY/PERIOD: _________________________________________
SENIOR - CONSUMER HEALTH PROJECT
CONSUMER - Students will be assigned a specific household income. Using that information
you will complete the following components and develop a presentation which can be completed
on Google Slides.
Calculate your Yearly and Monthly Net Income (10 Points): Your Income is $80,000
Ø Using your Gross Income and the equations on Page 2 determine your Social
Security, Local, State, and Federal Taxes. With that information determine your
Yearly and Monthly Net Income.
· Find a house, apartment, condo or modular home. Websites: zillow.com realtor.com,
apartments.com (15 Points)
Ø Purchase or Rent a residence.
Ø Include a Picture(s), Description, Location & School District, Number of
Bedrooms and Bathrooms, and Square Feet.
Ø Include the Total Purchase Cost (if purchasing) and/or Monthly Cost. (Monthly
Mortgage Payment or Monthly Rent)
· Find a method of transportation. Websites: autotrader.com, cars.com, any auto dealer
website, lanta.com (15 Points)
Ø Purchase or Lease a vehicle.
Ø Include a Picture, Total Cost, Monthly Payment, Mileage, MPG.
Ø If using public transportation include a Fare Schedule - See Lanta.com.
· Prepare a Monthly Budget for your household (20 Points)
Ø Money must be allocated for Housing, Utilities, Food, Clothing, &
Transportation. Remaining money must be dispersed to other expenditures
appropriate for your household. Monthly expenses must equal monthly income.
Monthly Budget
Total Net Monthly Income _____________________
Housing – Mortgage (P&I) or Rent _____________________
Housing – Property Tax & Insurance _____________________
Auto Payment – Purchase or Lease _____________________
Transportation Expenses – (Insurance, Gas, Public Trans) _____________________
Utilities (Fuel/Electric & Water/Sewer/Trash) _____________________
Food _____________________
Clothing _____________________
Medical Expenses (Insurance, Co-Pays) _____________________
Phone _____________________
TV / Internet _____________________
Personal/Recreational _____________________
Education Expenses (Student loans) _____________________
Savings/Investments _____________________
Contributions (Charitable) _____________________
Total Monthly Expenses _____________________
(Should equal Net Monthly Income)
PLEASE SHARE YOUR GOOGLE SLIDE
PRESENTATION WITH YOUR TEACHER AND
INCLUDE ALL STUDENT NAMES ON THE COVER
SLIDE!!!!!! IF YOU ARE WORKING ON THIS
PROJECT WITH STUDENTS IN A DIFFERENT
CLASS, PLEASE SHARE THE PRESENTATION
WITH BOTH MR. TICE AND MRS. MCCLURE!!!
Sample Expenses:
1. Car Insurance: If you already pay car insurance, you can use the amount you
currently pay a month. If not, search car insurance companies in the area you live
and figure out a monthly cost for the type of car you purchased.
2. Gas: How much money do you typically spend a month on gas? If you don’t
currently drive, search current gas prices in the area you live.
3. Utilities: If you are renting and utilities are included, you don’t have to worry about
adding this to your monthly budget. If you purchased a house or utilities are not
included in your rent, you must search for utility prices for the size house you
own/rent.
4. Water/Sewer/Trash: Typically around $100.00 a month for all three.
5. Medical Expenses: Search for Health Insurance plans for someone your age.
6. Phone: Search for cell phone plans and find a monthly cost or if you currently pay
a certain amount a month for your current cell phone, you can use that price.
7. TV Services: Search for local cable company prices. If you want streaming
services, netflix, hula, etc. you will need to search the monthly cost for those
services.
8. Internet: Search for internet prices in the area that you live.
