OCS100: Week 2 Assignment Page 3

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Worksheet: Time Management and Financial Management

Assignment Overview

While you are focusing on being academically successful, you must also manage your time and finances. In this assignment, you will reflect on your time and financial management practices.

Assignment Details:

Perform the following tasks:

·  Complete the reading assignment and the interactive lesson before attempting this assignment.

·  Attend the instructor session to prepare for this assignment.

·  To complete this assignment:

o  Follow the directions of each section of the worksheet on pages 2 and 3.

·  Ensure that your responses are free of spelling, grammar, and punctuation errors.

·  Use the proper naming convention when saving your assignment:

o  OCS100_wk2_assn_jsmith_mmddyyy

·  Submit your assignment for grading.

Grading:

GRADING
Criteria / Possible Points / Points Achieved / Grading
Time Management
List specific ways you procrastinate on school-related tasks. / 15
Identify time-management strategies to address other procrastination habits. / 15
Financial Management
Cash Management
Identify cash-management practices. / 15
Financial & Time Management Skills
Describe lessons from time-management to apply to financial management. / 15
Spending Habits
Identify daily and weekly spending habits to modify. / 15
Responses are free of spelling, grammar, and punctuation errors. / 5
Total Possible Points / 80

Assignment Worksheet

·  Respond to each question below.

·  Be sure that your responses are free of spelling, grammar, and punctuation errors.

Time Management

Managing your time is an essential skill for success in college. When students do not effectively manage their time, procrastinate, and miss due dates, it will result in receiving poor grades.

a.  Make a list of specific ways you procrastinate on homework, studying, and other school-related work. Which of those ways might be reduced or eliminated by using a term plan and daily task lists?

[Enter response here.]

b.  What other time-management strategies might help you address other ways that you procrastinate?

[Enter response here.]

Managing Your Finances

For many "traditional-aged" students, financial management is the last skill addressed on the journey to independence. Older students may have significant financial obligations when they take on new expenses associated with college.

a.  How much cash do you carry with you most days? How long does it take to spend this amount? If you carried less cash, would you spend less?

[Enter response here.]

b.  Financial-management and time-management skills are very similar. If you have already studied time management, think back to the steps you learned. What specific ideas can you take from those lessons and apply to financial management?

[Enter response here.]

c.  Do you have daily or weekly spending habits that add up over time (a week, a month, a year) that could be modified without a dramatic change in your lifestyle? Explain your answers!

[Enter response here.]