· 5 min read Educators

Can I afford my dream life? Start there on Monday

Hi!! This month's free class activity is a lesson plan and a student worksheet. Picture a life, name the trade-off, then try it.

Illustration for: Can I afford my dream life? Start there on Monday

Hi!! Can I afford my dream life? I want that question on the board before anyone opens a laptop.

This month's free activity is a teacher lesson plan and a student reflection. About 45 to 50 minutes, some of it quiet, some of it in pairs. Students picture a life, make a housing trade-off, then build that life in Dreamlife-Sim™. The app is not the lesson. Albeit it is where the lesson gets practiced: a choice, a cost, and a check on whether it still matches what they said they wanted.

A dream home looks simple. The interesting part is what they refuse to give up.

I want, I choose, it costs, I trade off, I act

That is the whole Monday. Keep it where students can see it.

Imagine it, about 5 minutes. Where do I want to live? What kind of home or lifestyle? What is one thing I will not give up? They think, then they tell a partner.

Make a decision, about 8 minutes. The lesson plan uses a housing trade-off, rent or buy. Students pick one, say why, name the strongest benefit, and name what they give up or take on. Pairs compare. There is no answer key that says rent wins.

Name the thinking, about 3 minutes. Ask what made it a trade-off. If I choose this, I give up that. Opportunity cost, said out loud.

Two phones showing Dreamlife-Sim lifestyle plans, the practice step after the housing trade-off.
Dreamlife-Sim™ is where they try the life they just described.

Then they build it

About 12 minutes in pairs. Dreamlife-Sim plus the reflection sheet. They build the life from the opening, then notice what they kept, where they compromised, which cost surprised them, and what they gave up to hold onto something else.

Talk for about 8 minutes. What did you refuse to give up? What did you change first? What cost surprised you? Did the life you built still look like the one you wanted at the start? How can two different choices both be reasonable? I love that last one. Let them hear it.

Close with one step, about 5 minutes. One financial action that could move them toward the life they chose. The goal is not the right life. It is seeing how a money choice shapes the life they want.

Short period? Stop after the trade-off. Next time, two minutes to remember where you left off, then the simulation, the reflection, and the one action.

What you need in the room

Dreamlife-Sim runs in the browser. Students do not download anything. Open dreamlife.moneyling.org. Email info@moneyling.org and we will send a classroom code.

You get the lesson plan. They get the reflection sheet: before they start, while they are choosing, and after they see the monthly cost. Both are free below.

Questions teachers ask

How long is Can I Afford My Dream Life?
About 45 to 50 minutes: imagine a life, make a housing trade-off, name the opportunity cost, build the life in Dreamlife-Sim, discuss, and choose one next step. A shorter class can stop after the trade-off and finish the simulation the next time you meet.
Do students have to download an app?
No. Dreamlife-Sim runs in the browser at dreamlife.moneyling.org. Email info@moneyling.org for a classroom code.
What do I download?
A teacher lesson plan and a student reflection sheet. The plan walks the period. The sheet asks where they want to live, what they refused to give up, what the dream life cost each month, and one action that could move them closer.