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Saturday, March 29, 2014

Two Activities to Help Students Learn About the Cost of Living

Spent is an online game designed to teach players about the challenges of living on minimum wage (or slightly higher) employment. Players begin by selecting a job which will provide the wages they have to survive on for a month. Then throughout the game players are confronted with challenges that they have to handle by making an "either or" choice. After each choice the player's account balance is adjusted. In addition to the change in the player's balance sheet, each choice is followed by an explanation of consequence of the choice made.

The Living Wage Calculator is a website developed and maintained by Dr. Amy K. Glasmeier at MIT. The purpose of the Living Wage Calculator is to provide a snapshot of what it actually costs to survive in counties and cities in the United States. The Living Wage Calculator shows the differences between minimum wages and minimum living wages for each county and some cities in the U.S. The calculator accounts for eight different household scenarios from single adult to two adults and three children living in the same household.

The Living Wage Calculator only accounts for the basic monthly expenses in each scenario. After looking at the Living Wage Calculator's data for your county, ask your students to try to account for other expenses that a typical family has. After they look at the data for their county ask your students to try to locate help wanted postings that provide a minimum living wage in their county. Then have them determine what type of education and training those jobs require.