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    Course Title

     Independent Living
     
    Course Description:
     
    This course is designed to prepare you to live on your own. Wise money management, career selection, food preparation, and living environments will be discussed. Successful completion of this course will fulfill the Consumer Education requirement.
     
    Enduring Understandings:
    It is important to plan for the future using the decision making process and identifying factors that influence the decisions we make.                                                             The three economic roles we play in society are the consumer, worker, and citizen.    
    As consumers, we have the right to know how our economic system works, including, agencies and statutes that protect us at the local, state, and federal levels.     Exploring career options, identifying employability skills, and preparing a professional resume are essential steps to landing a job.                                                 Understanding the banking system and how credit works, while identifying the importance of saving money, will assist in preparing and investing in an individual financial future.                                                                                                            
    There are various tax forms to be filed by consumers at the state and federal levels.                                                                                                            
    Living on your own includes understanding how to shop and care for clothing needs.
    Making wise food purchasing decisions is important to living healthy and maintaining a well balanced diet.                                                                                                       The cost to own(car payments) versus the cost to operate(gas prices) a motor vehicle are important to analyze when making transportation purchases.                         To prepare for a secure financial future, consumers need to create a budget, discuss needs and wants, identify gross/net income, and revise spending habits as needed.
    The cost to live on your own involves identifying financial needs, knowing how to rent or buy housing, shop for furnishings, and discussing moving out expenses.     Insurance needs are based on individual and family circumstances.                      
    Insurance policies require that consumers meet yearly deductibles and pay monthly premiums.                                                                                                                 Recreational time is important to personal well being.
    Essential Questions:
    What type of economy does the U.S. have?
    What are the roles of the worker, consumer, producer and citizen in the U.S. economy?
    What are the steps in the decision making process?
    How can I apply the decision making process to problems and situations in my every-day life?
    How do I write my resume?
    How do I prepare for a job interview?
    How do I make wise food purchase decisions?
    What are ways to save money and invest for the future? 
    How do I manage my money?
    What are the types and sources of consumer credit?
    How does one establish and maintain good credit?
    What are taxes and how are they used?
    What are citizens’ responsibilities for local, state, and federal taxes?
    How do I choose and pay for clothing?
    How do I care for clothing?
    What costs are associated with owning and operating a vehicle?
    What are the types of vehicle insurance I need?
    How do I prepare a financial budget?
    What is the difference between renting and owning property?
    What are the different types of insurance?
    What are laws that protect consumers?
    What are recreational activities?
    How does recreation benefit a person’s life physically, mentally, and
    socially? 
     
    Course Academic Vocabulary:
    Decision Making Skills: Values, Personal/Financial Goals, Decision Making Process, Time Management, Ethics, Self Esteem
    Consumers in the Economy: Supply/Demand, Recession, Inflation, Economic Depression, Economic System, State/Local, and Federal Taxes
    Banking: Checks, Deposit Slips, Register, Endorsements, Accounts, Credit Union, Financial Institutions
    Savings& Investing: Retirement, Pensions, 401(K), PYF, Portfolios, Interest, Statement/Passbook Accounts, Certificates of Deposit
    Credit: Debt, Credit Cards, Charge Cards, Credit Limit, Grace Period, Over the Limit Fees, Balance, Finance Charge, APR
    Budgeting: Gross/Net Income, Fixed/Flexible Expenses, Financial Planning, State/Local, and Federal Taxes
    Taxes: State/Local/Federal Spending, W-2, W-4, 1040EZ, IL1040, Interest Income, Filing Status
    Resumes & Careers: Resume, Cover Letter, Interviewing Skills, Career Options, Dress to Impress
    Foods: Nutrition, Leaving Tips/Table Etiquette, Meal Planning, Food Purchasing/Coupons
    Clothing: Care Labels, Washer/Dryer Instructions, Wardrobe Selection
    Transportation:
    Recreation: Public/Private Facilities, Finances 
     
    Course Units / Topics of Study:
    Communication
    Self-esteem
    Time management
    Needs and wants
    Goals/values
    Planning for the future 
    The Consumer in our Economy
    Role of the worker
    Consumer demand/power
    Marketplace motivation/constraints
    Economic principles/measurements 
    Resumes, Interviewing, & Careers
    Resume writing
    Preparing for interviews
    Participation in interviews
    Career choices 
    Foods
    Nutrition
    Meal preparation
    Food selection
    Consumer information and protection 
    Finances
    Banking
    Credit
    Savings and investing
    Financial services 
     
    Taxes
    Local/State/Federal
    Income distribution & redistribution
    Tax Forms 
    Clothing
    Selection
    Care
    Maintenance 
    Transportation
    Purchasing/leasing
    Insurance/handling accidents
    Expenses 
    Budgeting
    Short & long term
    Money management
    Resource management 
    Housing
    Rental & lease agreements
    Purchasing & financing
    Expenses
    Furnishing
    Real estate investment 
    Insurance
    Health
    Life
    Disability 
    Recreation
    Activities and Facilities
    Incorporating into the Budget
    Individual Benefits