I paid $1500 for my first automobile. That was a hefty sum for me again within the fall of 1996. That automobile wanted slightly little bit of brake work to cross the state’s security inspection after which it wanted a couple of dozen different little repairs over the subsequent two years. Fortunately, I had somebody in my life who taught me lots about engaged on automobiles and saved me plenty of cash within the course of. I made the identical mistake that many younger individuals make in believing that saving cash to buy the automobile was all that I wanted. That’s why I like EconEdLink’s free lesson plan titled Owning a Car.
Owning a Car is a free lesson plan that’s designed as a private finance lesson for highschool college students. The lesson is predicated round a video titled What are the True Costs of Car Ownership? The video was produced as a collaboration between Bank of America and Khan Academy. The lesson plan has college students first estimate what they assume the prices of automobile possession are then watch the video whereas taking notes (template supplied) concerning the precise prices of automobile possession. The follow-up exercise has college students evaluating possession prices for a wide range of automobile varieties.
To construct upon EconEdLink’s Owning a Car lesson plan contemplate displaying your college students Common Craft’s movies about insurance coverage and borrowing cash. You can preview each of these movies as embedded under.
Disclosure: I’ve a long-standing in-kind relationship with Common Craft.