Looking Down the Road

Task
Process
Evaluation
Rubric
Bonus

_____________________________________________________________________________

Introduction

The Scenario:

You've just graduated from college and earned a bachelor's degree. (You are not allowed to have completed any more school, you have NO PREVIOUS WORK EXPERIENCE and your parents have kicked you out, time to fly solo) Welcome to the real world! In this WebQuest you will journey down the road of life and think about what your life will be like in five years. Visualize  all the details: your family, your home, your career, your vehicle, etc. The main questions that this WebQuest will answer are "How will my future unfold?" and "How can I make ends meet?" The more you put into this WebQuest, the more prepared and certain you will be about your future.

In order to be better prepared, you will


The Task                                                               

Using online resources, you will research an occupation that most interests you, find a job, buy a new or used vehicle, and find a place to live. You will also calculate your net monthly pay using an existing Excel spreadsheet and then develop a monthly budget using Excel based on your salary and monthly expenses. Finally, you will share your experiences in the form of a PowerPoint slideshow. (Look at the rubric to ensure you include all necessary components of each assignment). Each assignment should be a separate page, and unless noted should have a paragraph accompanying it, completely answering all information asked of you.


The Process

1. Research an occupation of your choice using the following website: Occupational Outlook Handbook. Write a brief paragraph about the pros and cons of this occupation. Include information about: schooling, working conditions, employment, job outlook and salary. (Assignment 1)
 
2.

Find a job and a new job location* using the following websites:
http://www.jobsearch.org
http://www.monster.com

http://www.iasaedu.org/Jobbank/default.htm (Illinois teaching jobs)
http://www.hotjobs.com
http://www.thingamajob.com/job_search.html
http://www.careerbuilder.com
http://www.jobvertise.com
http://www.flipdog.com
http://www.jobs.com
http://www.jobbankusa.com
Print out your job description, the city in which you will reside, and your gross annual salary**.

(It may be helpful to print out the page from the website, and then when you type up your paragraph you will still have the information)

(Assignment 2)
 

  *The following websites may be helpful when researching a community in which to live:
http://www.moving.com/tools/costofliving/default.asp
http://monstermoving.com/find_a_place/cityprofile/
 
  **The following websites may be helpful in determining salary if the salary is not listed in your job description.
http://www.salary.com
http://www.salarysource.com
 

 3.

Click on the link below to open an Excel spreadsheet that will calculate your net monthly income (take home pay). Print out your results. (A paragraph is not required but unique formatting and titles are necessary)

 (Assignment 3) Take Home Pay
 

 4.

Buy a vehicle, new or used, from the following website:
http://www.edmunds.com.

http://www.kbb.com

http://carmax.com

Obtain a picture of your car, purchase price, ammenities, features and any special dealer incentives or rebates that you are eligible for. Dealer rebates and incentives are usually only available on new cars.              

(Assignment 4)
 

 5.

Your rich Uncle Fred gave you $1000.00 to use towards the down payment of this vehicle. Go to the following website to calculate your monthly payments:
http://www.edmunds.com Go to New Cars - Calculators (Scroll to the bottom) - Basic Loan Calculator
The market interest rate is already in the calculator, but that is not the best rate available to you. Look around for a better rate, or if you are buying a new car consider the incentive rates. (Explain why you choose the loan length and where you found the interest rate) Print out your car loan calculation.

 (Assignment 5)
 

 6.

Find a home. Now that a job and vehicle have been found and a budget has been determined, search the Net to find a suitable home. First access the following website:
http://realestateabc.com
Enter into the calculator section to see what mortgage you can afford based upon your salary. Next, enter the Buyer section to view all the major realtor sites. After finding a home/apartment, enter information into the Super Calculator to determine your monthly payment. The following website may also be used:
http://www.rent.net/
Print a picture of your new home, note the address, description of its amenities, and the total cost or monthly payment amount, or monthly rent amount.

(Assignment 6)


 

 7.

Create a monthly budget using Excel. Based on your salary and monthly expenses, show your net monthly income minus your monthly expenses to arrive at your excess funds for the month. You must include the following budget requirements:

Rent/House Payment
Vehicle Payment (+ $100/month for insurance)
Utilities (25% of rent/house payment)
Food ($50-100/week)
Clothing ($25-100/month)
Leisure
Savings (mandatory 5%)
Miscellaneous

Print a copy of your Excel spreadsheet budget. (No paragraph needed)

(Assignment 7)


 

8.

Choose 2 - 4 different areas that you wish to invest your money in. At least one of these investment tools needs to be a stock. (For each stock you need to state the buying price, type of stock, previous trend of the stock, number of shares, and why you are purchasing it. The same sort of rationale should be present for each investment tool you use)

(Assignment 8)
 

9.

Update your budget to reflect your investments & if necessary revise your budget (or find a new home) if the first budget did not balance. Print this updated budget.
 (Assignment 9)

 

10.

Create a chart using your most recent monthly budget. Use an appropriate chart type to best represent your data. Print this chart.

 (Assignment 10)


 

11.

Create a PowerPoint slide show from the information you have gathered. It must include at least 8 slides with transitions, be visually appealing, and may include sound and custom animation. You must have a title slide and slides on your career, home, vehicle, budget, graph, net worth, and any other interesting finds. Print your slide show as handouts with 6 slides per page.

(Assignment 11)
 

12.

Present your presentation to the class. Must be familiar with with material, have good eye contact, clear voice projection and be professional. Use the slides as a guide and explain the information you have presented, DO NOT read directly from the slides.

(Assignment 12)

 

13.

In a 3-ring folder, neatly assemble all assignments together in the order assigned. Label each paper in the top right hand corner with the assignment number. There should be a minimum of one print out per assignment, some assignments will have two or three pages.

(Assignment 13)
 

14.

Hand in your assignment by the date assigned. All assignments must be completed for assignment to be considered "on - time".

(Assignment 14)


Evaluation

Assignment Assignment Description Point Value
1 Pros & Cons Career Paragraph 15
2 Job Description, City, Salary 15
3 Take Home Pay Spreadsheet 15
4 Vehicle Picture & Purchase Price 15
5 Car Loan Calculation 15
6 Home Picture Plus Address, Amenities, Cost 15
7 Monthly Budget 15
8 Diversifiying Investments 15
9 Updated Monthly Budget 15
10 Chart 15
11 PowerPoint Slides 15
12 Slide Presentation 15
13 Assignment Packet 15
14 Completing Assignment on Time 5
  Total Points 200

Looking Down the Road Rubric
 


Bonus

Many of you will find that you may need extra points on this assignment, it is not as easy as you might at first think. Below I have listed just a few of the additional activities you can complete to earn yourself extra points. Be sure to include them in your table of contents, you may complete as many of these as you would like, but I will only award points if they are completely and well.

1. Create a Pay Stub

On the computer, design a pay stub that would mock that of your first paycheck from your new job. Have it reflect your gross pay, net pay and tax deductions. Make sure the percentages you are using for each deductions are accurate.

2. Stock Certificate

Identify the company for whom you choose to buy stock from, create a stock certificate for this company. Do a little research to know what a stock certificate looks like. Dr. Hurst might be a great resource!

3. Interior Design

For the house/apartment you chose find the floor plans/layout and then illustrate how you would decorate your apartment. Where would the bed, couch, dressers, chairs and all other furnishings go? Would you paint your walls, get a certain type of picture?

4. Shopping Trip

Please describe what your initial grocery trip would include and prices of how much each item cost. What are products that you will need to stock your cupboard and are essential for every household. Give me a total on how much it will cost and did you budget for this much in groceries? Reflect.

5. Shopping Spree

Refer back to the interior design assignment, what furniture do you need? How much will it cost? Do you have a kitchen table? Chairs? Plates? Appliances? Do you have clothes appropriate for work? List items purchased and prices, also please include pictures and where these items were bought from.


Conclusion

Congratulations! Several things have been accomplished by completing this WebQuest. First, you have experienced using and creating an Excel spreadsheet and have developed an introductory understanding of creating a PowerPoint presentation. You have gained real-life knowledge about what it is like to have a career and many of the expenses that go along with living on your own. You should now have a short-term outlook of your career and savings goals over the next 5 years. Research has shown that success is more achievable when one has written short-term and long-term goals which are periodically viewed. I hope that you periodically retrieve the information compiled here and have achieved the success that you desire.


References

This page was adapted from Shellie Hughes' It's My Life WebQuest and Instructional Technology Consultants' Making Ends Meet: A Comprehensive Budgeting Project for the Secondary Classroom WebQuest and from Lisa Huddleston's "It's My Life" WebQuest.