Futures and Finance is a 6 week course apart of the NEDGE program (numeracy) at Edgewater College. Following on from the Year 9 course, we focus on exploring opportunities, financial literacy (budgeting, saving, investing and credit), transitions, and future pathways. 

If students are absent and miss a section that results in them not having data for their "My Budget" Spreadsheet, they have the option of catching up or using the provided examples. 

• Gross Income $48,152 (Minimum wage, 40 hours a week) with a tax of $7,465.60. Net income would be $40,686.40. (Or make up Lesson 3: Potential Careers)

• Travel costs - $22.25/week. (Or make up Lesson 7: Location)

• Rent - $300/week. (Or make up Lesson 6: Renting)

• Water - $1224/year (Only allowed to write $0 if its included in your rent)

• Power - $2287/year (Only allowed to write $0 if its included in your rent)

• Internet - $80/month (Only allowed to write $0 if its included in your rent or if you have flatmates, you can divide by the number of people)

• Cell phone - $25/month

• Groceries - $130/week (Or make up Lesson 8: Groceries)

• "Fun money" - $80/week (Or make up Lesson 9: Fun Money)

• Car insurance - $1000/year for comprehensive, $500/year for third party

• Pet insurance - $20/month for each cat, $100/month for each dog 

• Health insurance - $800/year

• Dental insurance - $400/year

• Renters/contents insurance - $500/year

Other things students might find interesting 

If you have time, another lesson can be all about side hustles and thinking about ways they can make some extra money, such s selling their old clothes on TradeMe or using a company like Recycle Boutique or Tatty's to save time in that process. Again, provides a good chance to unpack how to price the items and what the time costs are to running the side hustle and if it's worth it for them.