My students’ final test for our financial literacy unit was a business letter. They needed to play financial advisor to the following client:
Name: Bradley Kanning
Occupation: Full-time student, with $15,000 in student loans; part-time manager at Wal-Mart, $15,000/year annual income
He currently takes the bus to work but is thinking of buying a car to save time. He also has a credit card in his wallet “for emergencies,” but in general keeps his cash in an old ice cream container in his freezer.
Goals: After graduating with a business degree, Mr. Kanning hopes to work in the Wal-Mart headquarters, making approximately $60,000/year starting annual salary. He is also planning to propose to his girlfriend on New Year’s Eve.
|*Obviously not his real name.|