Transportation Select transportation for yourself and your spouse.

Transcription

1 Transportation Select transportation for yourself and your spouse. New Luxury Car Monthly payment: $1,170 Car insurance payment: $144 Gas for month: $300 Repairs: Under warranty Old Car Monthly payment: $0. Car paid for. Car insurance payment: $48 Gas for month: $300 Average monthly repair cost: $48 New Minivan Monthly payment: $708 Car insurance payment: $84 Gas for month: $360 Repairs: Under warranty New Sedan Monthly payment: $708 Car insurance payment: $72 Gas for month: $300 Repairs: Under warranty New Pickup Monthly payment: $630 Car insurance payment: $84 Gas for month: $360 Repairs: Under warranty New SUV Monthly payment: $930 Car insurance payment: $102 Gas for month: $360 Repairs: Under warranty Used Car Monthly payment: $408 Car insurance payment: $72 Gas for month: $300 Average monthly repair cost: $30 New 4WD Extended Cab Pickup Monthly payment: $930 Car insurance payment: $102 Gas for month: $390 Repairs: Under warranty Take The Bus, Save For a Car You bus to work while saving to purchase a vehicle. Monthly bus pass: $90

2 High-Cost Foods Groceries & Dining Select 1 choice of food for each week. Select at least 1 eating out choice. Select 1 coffee option for yourself and 1 for your spouse. Medium-Cost Foods Low-Cost Foods Steaks, roast beef, pork chops cost: $720 Casseroles, meatloaf, soups, mac & cheese cost: $480 Spaghetti, pizza, tacos, fish & chips cost: $360 Eat out at fast food restaurant Eat out at nice restaurant Coffee Shop $24 a visit for the whole family $48 a visit for you and your spouse $96 a month for a cup a day $19 a month for a cup a week $14 to buy supplies to make your own (1 per day for a month) All prices per person

3 Entertainment From the 3 pages of Entertainment activities, select at least 2 activities for each person age 2 or older in your household. Only 1 activity per person may be free. Bowl Visit the Zoo Trip to Black Hills Free admission $360 a person $12 a person per game Art Major League baseball game Picnic $30 for supplies $78 a person $5 a person Play board game Play Video Games Movie at Theater Free. You already have games. $66 to buy game $13 a person

4 Entertainment From the 3 pages of Entertainment activities, select at least 2 activities for each person age 2 or older in your household. Only 1 activity per person may be free. Rock Concert Party for family and friends Attend local school game $54 a person $120 $4 a person Visit Hawaii Visit London Vacation at Grandma s house $1,200 a person $1,440 a person $72 to take grandparents out for evening Camp Out Golf Fishing $120 $85 for gas and food/ $35 for camp site $36 a person for 9 holes Free. You already have a pole, equipment, and fishing license.

5 Entertainment From the 3 pages of Entertainment activities, select at least 2 activities for each person age 2 or older in your household. Only 1 activity per person may be free. Take a walk Free Join a gym $36 amonth for each person $90 a month for family membership Carnival $12 a person half-day $24 a person full-day Play with cat $24 a month for cat food Bicycle Free. You already have a bicycle. Ride a Horse $54 a person Dance $12 a person at a club Free at home

6 Household Needs Select 1 from each category for your home. Furniture (select 1) Fine furniture: $180 a month Ordinary furniture: $120 a month Hand-me downs: Free Decorative (select 1) $120 a month for fine items $60 a month for nice items $30 a month for sale items Household needs (select 1) Name brand items: $30 a month Discount store items: $18 a month Thirft store items : $6 a month

7 Kid Care Formula is required for children 1 year old or younger. Diapers are required for children 3 years old or younger. This amount will automatically be deducted in the app. Make 1 selection from clothing, child care, and presents. Formula Diapers Clothing If your child is 1 year old or younger, you must buy formula. Cost: $160 a month If your child is 3 years old or younger, you must buy diapers. Cost: $150 a month $60 a month for brand name clothes $36 a month for department store clothes $12 a month for discount store clothes Free hand-me downs Child care Presents, books, and toys Because you are working, you must pay child care: $1080 a month for licensed day care provider $360 a month for grandma $36 a month for great stuff $24 a month for good stuff $12 a month for OK stuff $6 a month for stuff you buy used

8 Shopping Choose at least one item to purchase. TV Charitable Donation Digital Camera Smart TV: $180 month 32 Classic HD TV: $30 a month $72 a month $48 a month $24 a month $12 a month $48 a month Includes camera, color printer, bag, and all accessories Boat Motorcycle Sound System $450 a month $300 monthly payment $150 a month for gas $480 a month $310 a month (for motorcycle) $170 a month for gas Great System: $54 a month Budget: $18 a month for music Computer Sports equipment and fees (per person) Cell phone plan Ultra System: $300 a month Plain System: $119 a month $90 a month for 3 sports $60 a month for 2 sports $30 a month for 1 sport Smart phone: $78 a month Plain phone: $42 a month Each additional plain phone: $12 a month

9 Clothing & Personal Care Select 1 clothing option and 1 personal care option for both you and your spouse. Clothing (Select 1) High-priced clothes: $180 a month per person (high-end specialty stores) Medium-priced clothes: $90 a month per person (department stores) Low-priced clothes: $54 a month per person (discount stores) Used clothes: $12 a month per person Personal Care (Select 1) $54 a month: Haircut every 3 weeks, name brand shampoo, make-up, shaving supplies, etc. $30 a month: Haircut every 5 weeks, average shampoo, make-up, shaving supplies, etc. $8 a month: Haircut every 3 months, bulk shampoo, no make-up, no shaving supplies, etc.

10 Housing & Utilities Select 1 housing choice, and then select phone, cable and Internet service. Purchase cell phones at Shopping. Large House 3 bedrooms, den Mortgage: $2,160 a month Electricity & heat: $300 a month Water & sewer: $78 a month Home Insurance (included) Medium Apartment Building 2 bedrooms Rent: $1,320 a month Electricity & heat: $102 a month Water & sewer: (included) Personal possession insurance: $30 a month (optional) Small House 2 bedrooms Mortgage: $1,320 a month Electricity & heat: $162 a month Water & sewer: $54 a month Home Insurance (included) Large Apartment in Complex 2 bedrooms, plus loft Rent: $1,680 a month Electricity & heat: $108 a month Water & sewer: (included) Personal possession insurance: $30 a month (optional) Small Apartment Building 1 bedroom Rent: $1,176 a month Electricity & heat: $66 a month Water & sewer: (included) Personal possession insurance: $30 a month (optional) Medium House 3 bedrooms Mortgage: $1,680 a month Electricity & heat: $222 a month Water & sewer: $54 a month Home Insurance (included) Mobile Home 3 bedrooms Mortgage: $780 a month Lot fee: $540 a month Electricity & heat: $120 a month Water & sewer: $54 a month Home Insurance (included) Phone/Cable/Internet Basic Phone: $30 a month Cable TV: add $48 a month Internet: add $36 a month

11 Bite of Reality Clothing / Personal Care The following is a list of codes for the clothing / personal care table to help students make their purchases. Once a student has made a decision, please provide them with the corresponding code. ITEM High-priced Clothing Medium-priced Clothing Low-priced Clothing Used Clothing $45 Personal Care $25 Personal Care CODE C1 C2 C3 C4 P1 P2 $8 Personal Care P3

12 Bite of Reality Entertainment The following is a list of codes for the entertainment table to help students make their purchases. Once a student has made a decision, please provide them with the corresponding code. ITEM CODE Art Board Games Ballgame Bike Ride Black Hills Trip Bowling Camp Out Carnival Half Day Carnival Full Day Dance at Club Dance at Home Gym Membership-Per Person Gym Membership-Family Fishing Local Golf High School Game Movie Theater Picnic Play with a Cat Ride a Horse Rock Concert Take a Walk Throw a Party Vacation at Grandma s House Video Games Visit Hawaii Visit London Zoo Art GAME BASE BIKE BH BOWL CAMP CARNH CARNF DANCEC DANCEH GYM FGYM FISH GOLF SGAME MOVIE PIC CAT HORSE Rock WALK PARTY GRAN VGame HAWAII LONDON Zoo

13 Bite of Reality Household Needs The following is a list of codes for the household needs table to help students make their purchases. Once a student has made a decision, please provide them with the corresponding code. ITEM Fine Furniture Ordinary Furniture Hand-me Downs Fine Décor Nice Décor Sale Décor Name-brand Needs Discount Store Thrift Store items CODE F1 F2 Free D1 D2 D3 H1 H2 H3

14 Bite of Reality Kid Care The following is a list of codes for the kid care table to help students make their purchases. Once a student has made a decision, please provide them with the corresponding code. ITEM Name Brand Dept. Store Discount Store Hand-me Downs Licensed Daycare Grandma Daycare CODE C1 C2 C3 Free D1 D2 Great Toys G1 Good Toys Ok Toys Used Toys G2 G3 G4 If your child is 1 years old or younger, you must buy formula The cost is $160 a month. If your child is 3 years old or younger, you must buy diapers The cost is $150 a month. The app will automatically add these cost to the Kid Care purchase, when it applies

15 Bite of Reality Shopping The following is a list of codes for the shopping table to help students make their purchases. Once a student has made a decision, please provide them with the corresponding code. Students may choose up to ten items. ITEM CODE Smart TV 32 Classic HD TV Charitable Donation Charitable Donation Charitable Donation Charitable Donation Digital Camera Boat Motorcycle Sound system Budget system Ultra-computer Plain computer 3 Sports/month 2 Sports/month 1 Sport/month Smart Phone Plain Phone Addt l Plain Phone TV1 TV2 CH1 CH2 CH3 CH4 DC Boat MOTO SS1 SS2 C1 C2 SP3 SP2 SP1 CP1 CP2 CP3

16 Bite of Reality Housing / Utilities The following is a list of codes for the housing / utilities table to help students make their purchases. Once a student has made a decision, please provide them with the corresponding code. ITEM CODE Large House Medium House Small House Mobile Home Large Apartment Small 2bd Apartment Small 1bd Apartment Basic Phone Cable TV Internet Acess H1 H2 H3 H4 A1 A2 A3 PH CA IN

17 Bite of Reality Groceries / Dining The following is a list of codes for the groceries / dining table to help students make their purchases. Once a student has made a decision, please provide them with the corresponding code. ITEM High-Cost Food Med-Cost Food Low-Cost Food Fast Food Nice Restaurant Coffee Daily Coffee Weekly Buy a months supply to make your own CODE F1 F2 F3 Di1 Di2 Dr1 Dr2 Dr3

18 Bite of Reality Transportation The following is a list of codes for the transportation table to help students make their purchases. Once a student has made a decision, please provide them with the corresponding code. ITEM New Luxury Car New Sedan Used Car Old Car New Pickup New 4WD Truck New Minivan New SUV Bus Pass CODE Sport Sedan Used Old Pickup 4Wheel Van Suv Bus

19 Transportation Please review the choices offered on the Transportation options sheet. What to Expect Participants will come to your shop to purchase transportation for themselves and possibly for their spouses. They may buy 2 vehicles, or 1 vehicle and 1 bus pass. They cannot purchase 2 bus passes. The car dealer in our program is full service! Transportation is where buyers go to select a new or used vehicle; pay for insurance, gas, and repairs; and purchase bus passes. Expect a rush at the beginning of the session. Participants typically visit either the housing or transportation tables first. What to do Show selections to participants and let them make choices. Don t analyze what they really need or can afford. Avoid discussing features or any particular make or model. This is not the time to discuss how to buy a car. What to say Your role is to sell, not to help the participant make the best choice. For example, say things like: You re going to need a new minivan if you want to take your family on trips. Get the luxury car! You deserve it after walking around campus for years! Haven t you always wanted a new truck? If you get a line at your table, it s OK to remind participants with a comment in character: Hello. I m Jan. I m sorry, I m busy with another customer right now. You could shop at Kid Care or Entertainment and stop back later. Payment tips* If your session is not using the app, participants will pay for their purchases with a check. Do not accept checks that are not written correctly. Requirements 1. Each adult must have at least 1 form of transportation. 2. Participants have the option of taking the bus instead of buying a vehicle, but only one person in the household can take the bus. 3. For each vehicle selected, there are 4 costs that must be entered on My Budget Work Sheet:* (1) Monthly payment (2) Car insurance payment (3) Gas per month (4) Repairs *Only when using the paper version of the program. Not relevant when using the app.

20 Transportation Merchant Directions Have merchant appeal! Make your shop visually interesting by placing sales sheets and the provided props on your table. Returns Do not mention that returns are an option when you are selling. The goal is for participants to see the effects of spending more than they earn. Remember, you want to help them spend as much money as possible! As participants complete their budget, some may realize that they have over spent. If they ask to return an item, send them to the Credit Union for financial counseling. Only after counseling can they come back to you to return an item for something less expensive. How to process a return 1. Ask if the participant has been to the Credit Union for financial counseling. 2. Tell the participant to select a new item. 3. If participants don't know how to re-balance their registers, send them to the Credit Union for help.* 4. There is no need for a new check; they will simply record the change on their registers.* My Budget Work Sheet Tips* If necessary, show participants where to enter the information on My Budget Work Sheet. Don t correct math errors or provide the right answers. If you find an error, ask the participant to redo the addition. Say, This doesn t add up to the right amount. Please redo it. *Only when using the paper version of the program. Not relevant when using the app.

21 Groceries & Dining Merchant Directions Please review the choices offered on the Groceries & Dining options sheet. What to Expect Participants will visit your shop to pay for groceries, eating out, and coffee. Groceries & Dining is the combination of grocery stores, restaurants, and coffee shops. What to do Show selections to participants and let them make choices. Don t analyze what they really need or can afford. Avoid discussing details. What to say Your role is to sell, not to help the participant make the best choice. For example, say things like: You both work hard. Go out! No one needs to cook every night. Everyone needs at least one latte a day. Don t you really want a steak at least once a week? If you get a line at your table, it s OK to remind participants with a comment in character: Hello. I m Jan. I m sorry, I m busy with another customer right now. You could shop at Transportation or Housing & Utilities and stop back later. Payment tips* If your session is not using the app, participants will pay for their purchases with a check. Do not accept checks that are not written correctly. Requirements Participants must select food choice based on cost (high, medium, or low). Participants must select 1 eating out option either fine dining or fast food. Participants must select at least 1 coffee option for themselves, and 1 coffee option for their spouses if married. Tips Encourage participants to budget for eating out. * Only when using the paper version of the program. Not relevant when using the app.

22 Groceries & Dining Merchant Directions Have merchant appeal! Make your shop visually interesting by placing sales sheets and the provided props on your table. Returns Do not mention that returns are an option when you are selling. The goal is for participants to see the effects of spending more than they earn. Remember, you want to help them spend as much money as possible! As participants complete their budget, some may realize that they have over spent. If they ask to return an item, send them to the Credit Union for financial counseling. Only after counseling can they come back to you to return an item for something less expensive. How to process a return 1. Ask if the participant has been to the Credit Union for financial counseling. 2. Tell the participant to select a new item. 3. If participants don t know how to re-balance their registers, send them to the Credit Union for help.* 4. There is no need for a new check; they will simply record the change on their registers.* My Budget Work Sheet Tips* If necessary, show participants where to enter the information on My Budget Work Sheet. Don t correct math errors or provide the right answers. If you find an error, ask the participant to redo the addition. Say, This doesn t add up to the right amount. Please redo it. * Only when using the paper version of the program. Not relevant when using the app.

23 Entertainment Merchant Directions Please review the choices offered on the Entertainment options sheet. What to expect Participants will come to your shop to purchase entertainment a vacation, a game of golf, movie tickets, or art supplies. Some items, such as visits to the zoo and board games, are free. Each person age 2 and older in the household will select 2 activities from the 3 pages of activities. Only 1 of the activities per person may be free. What to do Show participants the selections and let them make choices. Don t analyze what they really need or can afford. Avoid discussing details. What to say Your role is to sell entertainment, not to help the participant make the best choice. For example, say things like: You and your wife are both working hard. Wouldn t a trip to Hawaii be a great vacation? Your child deserves the best experience possible. Wouldn t a gym membership be a good way to keep in shape? If you get a line at your table, it s OK to remind participants with a comment in character: Hello. I m Jan. I m sorry, I m busy with another customer right now. You could shop at Transportation or Housing & Utilities and stop back later. Payment tips* If your session is not using the app, participants will pay for their purchases with a check. Do not accept checks that are not written correctly. Requirements Depending on the size of the family, there will be either 4 or 6 items purchased for entertainment. Only 1 free activity is allowed per person. Enter $0.00 for free activities.* * Only when using the paper version of the program. Not relevant when using the app.

24 Entertainment Merchant Directions Have merchant appeal! Make your shop visually interesting by placing sales sheets and the provided props on your table. Returns Do not mention that returns are an option when you are selling. The goal is for participants to see the effects of spending more than they earn. Remember, you want to help them spend as much money as possible! As participants complete their budget, some may realize that they have over spent. If they ask to return an item, send them to the Credit Union for financial counseling. Only after counseling can they come back to you to return an item for something less expensive. How to process a return 1. Ask if the participant has been to the Credit Union for financial counseling. 2. Tell the participant to select a new item. 3. If participants don t know how to re-balance their registers, send them to the Credit Union for help.* 4. There is no need for a new check; they will simply record the change on their registers.* My Budget Work Sheet tips* If necessary, show participants where to enter the information on My Budget Work Sheet. Don t correct math errors or provide right answers. If you fine an error, ask the participant to redo the addition. Say, This doesn t add up to the right amount. Please redo it. * Only when using the paper version of the program. Not relevant when using the app.

25 Household Needs Merchant Directions Please review the choices offered on the Household Needs options sheet What to expect Participants will come to your shop to purchase furniture, decorative items such as lamps and rugs, and household needs like dishes and towels. What to do Show selections to participants and let them make choices. Don t analyze what they really need or can afford. Avoid discussing details. This is not the time to teach participants how to shop for deals or how to save money. What to say Your role is to sell, not to help the participant make the best choice. For example, you might say things like: Fine furniture would really look great in your house! You have such a nice home. Why do you want to fill it with cheap items? Name brand items are always the best. If you get a line at your table, it s OK to remind people with a comment in character: Hello. I m Jan. I m sorry, I m busy with another customer right now. You could shop at Kid Care or Entertainment and stop back later. Payment tips* If your session is not using the app, participants will pay for their purchases with a check. Do not accept checks that are not written correctly. Requirements Participants must select 1 item from each of the 3 categories on the selection sheet. My Budget Work Sheet tips* If necessary, show participants where to enter the information on My Budget Work Sheet. Don t correct math errors or provide right answers. If you fine an error, ask the participant to redo the addition. Say, This doesn t add up to the right amount. Please redo it. * Only when using the paper version of the program. Not relevant when using the app.

26 Household Needs Merchant Directions Have merchant appeal! Make your shop visually interesting by placing sales sheets and the provided props on your table. Returns Do not mention that returns are an option when you are selling. The goal is for participants to see the effects of spending more than they earn. Remember, you want to help them spend as much money as possible! As participants complete their budget, some may realize that they have over spent. If they ask to return an item, send them to the Credit Union for financial counseling. Only after counseling can they come back to you to return an item for something less expensive. How to process a return: 1. Ask if the participant has been to the Credit Union for financial counseling. 2. Tell the participant to select a new item. 3. If participants don t know how to re-balance their registers, send them to the Credit Union for help.* 4. There is no need for a new check; they will simply record the change on their registers.* * Only when using the paper version of the program. Not relevant when using the app.

27 Kid Care Merchant Directions Please review the choices offered on the Kid Care options sheet. What to expect Participants with kids will come to your shop to purchase formula, diapers, clothing, child care, and presents/books/toys. What to do Show selections to participants and let them make choices. Don t analyze what they really need or can afford. Avoid discussing details. What to say Your role is to sell, not to help the participant make the best choice. For example, say things like: All parents want their child to have the best. Books and toys help your child learn. Seeing kids open their presents is the best part of the birthday party. If you get a line at your table, it s OK to remind participants with a comment in character: Hello. I m Jan. I m sorry, I m busy with another customer right now. You could shop at Transportation or Entertainment and stop back later. Payment tips* If your session is not using the app, participants will pay for their purchases with a check. Do not accept checks that are not written correctly. Requirements Some families will need to purchase formula and diapers, depending on the ages of their children. When using the app, these items will be automatically deducted;there are no codes for diapers and formula. Formula is required for children 1 year old and younger. Diapers are required for children 3 years old and younger. There are 5 selections that must be purchased: Clothing Diapers (for child 3 years or younger) Formula (for child 1 year or younger) Child care Presents/books/toys * Only when using the paper version of the program. Not relevant when using the app.

28 Kid Care Merchant Directions Have merchant appeal! Make your shop visually interesting by placing sales sheets and the provided props on your table. Returns Do not mention that returns are an option when you are selling. The goal is for participants to see the effects of spending more than they earn. Remember, you want to help them spend as much money as possible! As participants complete their budget, some may realize that they have over spent. If they ask to return an item, send them to the Credit Union for financial counseling. Only after counseling can they come back to you to return an item for something less expensive. How to process a return: 1. Ask if the participant has been to the Credit Union for financial counseling. 2. Tell the participant to select a new item. 3. If participants don t know how to re-balance their registers, send them to the Credit Union for help.* 4. There is no need for a new check; they will simply record the change on their registers.* My Budget Work Sheet tips* * If necessary, show participants where to enter the information on My Budget Work Sheet. Don t correct math errors or provide the right answers. If you find an error, ask the participant to redo the addition. Say, This doesn t add up to the right amount. Please redo it. * Only when using the paper version of the program. Not relevant when using the app.

29 Shopping Merchant Directions Please review the choices offered on the Shopping options sheet. What to expect Participants visit Shopping to purchase TVs, cell phones and service, digital cameras, sound systems, sports equipment, computers, boats, and motorcycles. They also make charitable contributions at the Shopping table. What to do Show selections to participants and let them make choices. Don t analyze what they really need or can afford. Avoid discussing details. What to say Your role is to sell, not to help the participant make the best choice. For example, say things like: So, you aren t going to have even one TV in your house? You only got a land line at Housing & Utilities. You won t have a cell phone unless you buy one from me. Looks like you ll have to go to the library to get online if you don t buy a computer. If you get a line at your table, it s OK to remind participants with a comment in character: Hello. I m Jan. I m sorry, I m busy with another customer right now. You could shop at Transportation or Housing & Utilities and stop back later. Payment tips* If your session is not using the app, participants will pay for their purchases with a check. Do not accept checks that are not written correctly. Requirements Participants must make at least one purchase at your table. However, they may choose to purchase up to 10 items. * Only when using the paper version of the program. Not relevant when using the app.

30 Shopping Merchant Directions Have merchant appeal! Make your shop visually interesting by placing sales sheets and the provided props on your table. Returns Do not mention that returns are an option when you are selling. The goal is for participants to see the effects of spending more than they earn. Remember, you want to help them spend as much money as possible! As participants complete their budget, some may realize that they have over spent. If they ask to return an item, send them to the Credit Union for financial counseling. Only after counseling can they come back to you to return an item for something less expensive. How to process a return: 1. Ask if the participant has been to the Credit Union for financial counseling. 2. Tell the participant to select a new item. 3. If participants don t know how to re-balance their registers, send them to the Credit Union for help.* 4. There is no need for a new check; they will simply record the change on their registers.* My Budget Work Sheet tips* If necessary, show participants where to enter the information on My Budget Work Sheet. Don t correct math errors or provide the right answers. If you find an error, ask the participant to redo the addition. Say, This doesn t add up to the right amount. Please redo it. * Only when using the paper version of the program. Not relevant when using the app.

31 Clothing & Personal Care Merchant Directions Please review the choices offered on the Clothing & Personal Care options sheet. What to expect Participants will come to your shop for clothing and personal care for themselves and for their spouse. Personal care covers things like shampoo, haircuts, makeup, and shaving supplies. What to do Show selections to participants and let them make choices. Don t analyze what they really need or can afford. Avoid discussing details. This is not the time to teach participants how to shop for deals or how to save money. What to say Your role is to sell, not to help the participant make the best choice. For example, you might say things like: High priced clothes make you look smart. Isn t that important at your job? Looking good really could help you get that promotion at work. Don t skimp on good makeup. Frequent haircuts will make your wife (or husband) look great. If you get a line at your table, it s OK to remind participants with a comment in character: Hello. I m Jan. I m sorry, I m busy with another customer right now. You could shop at Kid Care or Entertainment and stop back later. Payment tips* If your session is not using the app, participants will pay for their purchases with a check. Do not accept checks that are not written correctly. Requirements Participants must make 1 clothing selection for themselves and 1 for their spouses, if married. Participants must make 1 personal care selection for themselves and 1 for their spouses, if married. * Only when using the paper version of the program. Not relevant when using the app.

32 Clothing & Personal Care Merchant Directions Have merchant appeal! Make your shop visually interesting by placing sales sheets and the provided props on your table. Returns Do not mention that returns are an option when you are selling. The goal is for participants to see the effects of spending more than they earn. Remember, you want to help them spend as much money as possible! As participants complete their budget, some may realize that they have over spent. If they ask to return an item, send them to the Credit Union for financial counseling. Only after counseling can they come back to you to return an item for something less expensive. How to process a return: 1. Ask if the participant has been to the Credit Union for financial counseling. 2. Tell the participant to select a new item. 3. If participants don t know how to re-balance their registers, send them to the Credit Union for help.* 4. There is no need for a new check; they will simply record the change on their registers.* My Budget Work Sheet tips* If necessary, show participants where to enter the information on My Budget Work Sheet. Don t correct math errors or provide the right answers. If you find an error, ask the participant to redo the addition. Say, This doesn t add up to the right amount. Please redo it. * Only when using the paper version of the program. Not relevant when using the app.

33 Housing & Utilities Merchant Directions Please review the choices offered on the Housing & Utilities options sheet. What to expect The real-estate agent in the future is full service! This is where the participant goes to purchase housing, set up phone service, and pay utilities. Expect a rush at the beginning of the session. Participants typically visit either the housing or transportation tables first. What to do Show selections to participants and let them make choices. Don t analyze what they really need or can afford. Avoid discussing mortgage details or purchase options. This is not the time to teach students how to shop for a house or how to save money. What to say Your role is to sell, not to help the participant make the best choice. For example, you might say things like: There s a lot of room in a large house. How old is your child? She could have a special playroom in the extra bedroom. More space is always nice. That way you and your husband (or wife) can have room for your hobbies. Buy something big you can grow into. Then, when you have a larger family, you won t have to move. If you get a line at your table, it s OK to remind participants with a comment in character: Hi, I m Jan. I m sorry, I m busy with another customer right now. You could shop at Kid Care or Entertainment and stop back later. Payment tips* If your session is not using the app, participants will pay for their purchases with a check. Do not accept checks that are not written correctly. Requirements* Make sure participants have entered the correct amounts of My Budget Work Sheet for: Mortgage/ rent Electricity/heat Water/sewer Phone Insurance (optional for renters) * Only when using the paper version of the program. Not relevant when using the app.

34 Housing & Utilities Merchant Directions Have merchant appeal! Make your shop visually interesting by placing sales sheets and the provided props on your table. Returns Do not mention that returns are an option when you are selling. The goal is for participants to see the effects of spending more than they earn. Remember, you want to help them spend as much money as possible! As participants complete their budget, some may realize that they have over spent. If they ask to return an item, send them to the Credit Union for financial counseling. Only after counseling can they come back to you to return an item for something less expensive. How to process a return: 1. Ask if the participant has been to the Credit Union for financial counseling. 2. Tell the participant to select a new item. 3. If participants don t know how to re-balance their registers, send them to the Credit Union for help.* 4. There is no need for a new check; they will simply record the change on their registers.* My Budget Work Sheet tips* If necessary, show participants where to enter the information on My Budget Work Sheet. Don t correct math errors or provide the right answers. If you find an error, ask the participant to redo the addition. Say, This doesn t add up to the right amount. Please redo it. The amount entered for the cost of a phone is for a land line only. Participants can purchase cell phones and service at Bite of Reality Mall. * Only when using the paper version of the program. Not relevant when using the app.

35 The Credit Union Financial Institution What to expect This instruction sheet is for when using the BOR2 app and not the paper version Bite of Reality has a fantastic credit union for young adults. Here s where participants have checking/ share draft accounts, save for future goals, pay their credit card debt, and get financial advice. Participants may come to you for help with deciding what they can afford, making a credit card payment or return item(s) they have purchased. Participants will start the simulation with their monthly salaries already direct deposited to their checking accounts. The app will automatically deducted any Medical Insurance copay and Student loan payments. What to do Ensure that each participant has been assigned an identity on the BOR2 app. Participants will need to enter two passwords to start the app. The first code will be provided by the facilitator. The second password is "Start". You may have periods of time when no one comes to your table. After participants make a few purchases, they ll realize they have spent to much money and will need to come to the credit union for counseling or to make their credit card payment. They will need to pay the minimum payment on their card and will have the opportunity to pay an additional amount and the end.

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37 The Credit Union Financial Institution NOTE: Staff members at the credit union are different from the other merchants because their role is to help participants, not to sell them the most expensive merchandise. If participants end up in debt,use good financial counseling skills to help participants realize what to do. For example, if they complain they can t afford day care because they don t have enough money, ask them to look at their expenses. Can they live in a less expensive home? Suggest they look at transportation, food, clothing, and so on, in the same way. Ask questions that force them to think and make their own choices. Suggest that participants return items. For example, if a student chose 2 luxury cars, one or both could be returned for less expensive options. Participants may re-visit a merchant to make a new purchase after they have visited the credit union table for counseling and have made a return. Typical participant questions Why do I have to pay for more than the minimum on my credit card debt? It costs you less. If you only pay the minimum, it could take years to pay off the original charge plus the interest. (Try to avoid a lengthy lecture, but do provide short tips on the dangers of credit card debt.) Have merchant appeal! You may choose to display your credit union's logo at the Credit Union table. You may display banners or props from your credit union as space permits. How to process a return If a participant comes to you because they have accidentally pressed the budget pie chart and have been lock out of the app, enter the "BORA" code to access the return screen. If the student does not want to make a return, press the green return button. The app will confirm you are not making a return, press the green check and the participant is ready to continue shopping, Once participant have overspent, the app will lock. Enter the code "BORA" and press the green check to review their purchases. Help the participant decide on what to return. After they have made a decision on what items to return, press on the lock icon next to that station to unlock that purchase. Next press the unlock icon to confirm the return. You may return more that one station, however you will have to unlock each station one at a time. Once all stations to be returned have been selected, press return and then the green check to confirm. The participant will now have to go back to those stations to make a new purchase. When all purchases have been made, the participants will return to the credit union table to complete the survey. Wifi is required to have the survey ed to a teacher / origination leader. You may choose to do a paper version survey.

38 Fickle Finger of Fate Unplanned expenses and windfalls * Please review the Fickle Finger of Fate cards. They consist of windfalls, and unplanned expenses. Also review the Uh oh, I didn t plan for this and the Great! An Unexpected Windfall sections on My Budget Work Sheet that students complete during the session. When using the app, there is no need for a volunteer to play this role. Each participant will have Fickle Finger of Fate events pop up automatically during the simulation. This instruction sheet is provided only for those offering the paper program. What to expect The Fickle Finger of Fate (FFF) character represents life happens events and emergencies. He or she periodically and randomly gives each participant checks or bills. You may get realistic reactions ranging from anger and surprise to happiness and relief. News of your appearance will spread quickly. Participants may try to avoid you or even try to convince you that they already received enough bills. Rely on appropriate and realistic humor to help you deliver to news. What to do The FFF doesn t need to have a table unless you have a large group. About 10 minutes after the participants have started to shop in Bite of Reality, the FFF roams around the room stopping people to give them a windfall or expense. Each participant should get at least one unplanned expense and one windfall, but not at the same time. Plan your time and keep track so that you visit each participant twice. The FFF can use his/her discretion to select a fate especially for each participant. For example, if you know that the participant is renting and did not purchase personal possession insurance, give him or her the unplanned expense bill that describes Fire! What to say Use humor and realistic situations when delivering the fates. For example: Using the Oh, no! I ruined my jeans! bill... Hi. I met you at the neighborhood picnic last week. You sure did like the barbeque! You like it so much that you spilled it on yourself. Guess what? You ruined your jeans and have to buy a new pair. Pick how much you want to spend and pay me. Using the Remember the oldies but goodies? check... Hello. What s your favorite recording artist? Who don t you like? Well, it s a good thing you decided to sell all those (name group) CDs you don t want anymore. Smart move. You just made a little money to put in your retirement account. * Only when using the paper version of the program. Not relevant when using the app.

39 Fickle Finger of Fate Unplanned expenses and windfalls * Payment tips If your session is not using the app, participants will pay for their purchases with a check. Do not accept checks that are not written correctly.* The app will automatically deliver 2 FFF to each student and deduct it from their register. Ensure that each participant receives at least 1 windfall check and 1 unplanned expense bill and applies the correct amounts to the budget. Don t worry if you can t remember whether or not you gave a participant a card. You may ask participants to see the Uh oh, I didn t plan for this or Great! An unexpected windfall sections of the My Budget Work Sheet to see how many unplanned expenses or unexpected windfalls they received. My Budget Work Sheet Tips If necessary, show participants where to enter the information on My Budget Work Sheet. Unplanned expenses are entered on the Uh oh, I didn t plan for this section. Windfalls are entered on the Great! An unexpected windfall section. Don t correct math errors or provide the right answers. If you find an error, ask the participant to redo the addition. Say, This doesn t add up to the right amount. Please redo it. * Only when using the paper version of the program. Not relevant when using the app.

40 The Credit Union Financial Institution These instructions are for when using the paper version of the program. Please review the Savings & Contributions, Great! An unexpected windfall, and the My Debt sections of My Budget Work Sheet that participants complete during the session. What to expect Bite of Reality has a fantastic credit union for young adults. Here s where participants have checking/ share draft accounts, save for future goals, pay their credit card debt, add to their retirement accounts, and get financial advice. Participants will start the simulation with their monthly salaries already direct deposited to their checking accounts. What to do Ensure that the correct total amount of the participant s monthly household income is entered in the deposit column of their check register. (In Bite of Reality all couples have a joint checking account.) You may have periods of time when no one comes to your table. After participants make a few purchases, they ll realize they have to come to the credit union to pay their credit card debt. They will need to determine their minimum payment and pay an extra amount. Ensure that they have figured the amount accurately. You do not need to check the addition for every entry, but make sure the participants are keeping an accurate balance. What to say Participants may come to you for help with: Using a check register Deciding what they can afford Determining their credit card payments. NOTE: Staff members at the credit union are different from the other merchants because their role is to help participants, not to sell them the most expensive merchandise. If participants end up in debt Use good financial counseling skills to help participants realize what to do. For example, if they complain they can t afford day care because they don t have enough money, ask them to look at their expenses. Can they live in a less expensive home? Suggest they look at transportation, food, clothing, and so on, in the same way. Ask questions that force them to think and make their own choices

41 The Credit Union Financial Institution Suggest that participants return items or renegotiate with a vendor. For example, if a student chose 2 luxury cars, one or both could be returned for less expensive options. Remind the student to re-balance the register once a new item is selected. Participants may return items to a merchant if they have received financial counseling from the Credit Union. Typical participant questions Why do I have to pay more than the minimum on my credit card debt? It costs you less. If you only pay the minimum, it could take years to pay off the original charge plus the interest. (Try to avoid a lengthy lecture, but do provide short tips on the dangers of credit card debt.) Requirements Make sure participants have entered the correct amounts on My Budget Work Sheet for: Savings & Contributions My Debt Great! An unexpected windfall Make sure that participants are balancing their account in their registers. Make sure that participants are transferring totals from My Budget Work Sheet to My Spending & Savings Plan. Have merchant appeal! You may choose to display your credit union's logo at the Credit Union table. You may display banners or props from your credit union as space permits.