Adulting — Lesson 302

Wheel of Misfortune

Students identify a list of financial misfortunes and map them on paper in the shape of a wheel.  They then brainstorm a list of sound financial practices that can prevent or fix the misfortunes, also in the shape of a wheel.

What Students Learn

  • The most common types of financial mistakes:  overspending, no financial plan, credit card debt, no emergency fund, no insurance, and lack of retirement planning.
  • How to avoid the mistakes by having a financial plan and sticking with it.

Suggested Time

  • Preview and Episode Viewing: 45 minutes
  • Activity 1: 30 minutes
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BK Hosts: Financial Misfortune

Clips for this Lesson

BK Hosts: Financial Misfortune
a young lady and a house in the background
Young Entrepreneur: $9000 in Credit Card Debt
A man in a black outfit sitting in the barbershop
Young Entrepreneur: Lonnie’s Young Cuts
Spaceman Poster with a man in the background
Sketch: KA$H Rock Band
a boy lying down on a circular surface
Sketch: Wheel of Misfortune

Lessons in Adulting

Three girls with blonde hair holding violin
Lesson

Your first big Purchase

What Students Learn

  • Make sure your first big purchase is B.R.O.W.N. - whether it’s the latest computer, a new smart phone, or a car. Learn about budgeting, researching, negotiating, and more.
Two men are talking to each other
Lesson

Understanding Your Paycheck

What Students Learn

  • What’s on your stub, bub? Check out the modern American pay stub to learn about the deductions on your paycheck from Social Security to Workman’s Compensation to a 401(k) plan.
Man saying that no risk no gain
Lesson

The World Is A Risky Place

What Students Learn

  • Be smart about taking risks in life. Learn about liability, contracts, and insurance, and how to protect your business, your assets, and yourself.
Lesson

Wheel of Misfortune

What Students Learn

  • Find out how to avoid common money mistakes such as overspending, too much debt, lack of planning, or no emergency fund.
Couples are looking to each other
Lesson

More Bang for Your buck

What Students Learn

  • Whether you’re facing good times or tough times, know how to get the best value for your money. Discover tips for stretching your dollars.
Two men taking instruction from their boss
Lesson

Movin’ On Out

What Students Learn

  • What’s the true cost of cutting the cord? We take you through it all — budgeting, roommates, finding a place, and learning about all the hidden costs mom and dad used to pay.
Man in front of white lockers
Lesson

You Are the Target!

What Students Learn

  • ….of advertisers, that is. Recognize how to resist manipulation, and how to apply good consumer skills to cut through the commercial fog.