80 likes | 257 Views
Teacher instructions: 1. Print the lesson, 2. Display slide 2 with Procedure steps 2 and 3 in the lesson. Click to get the noun and verb definitions.
E N D
Teacher instructions: 1. Print the lesson, 2. Display slide 2 with Procedure steps 2 and 3 in the lesson. Click to get the noun and verb definitions. 3. Display slide 3 with Procedure step 4. This slide can be used as an alternative to having a student read the definitions. 4. Display slides 4 with Procedure step 5. 6. Display slides 5 and 6 with Procedure step 12. 7. Display slides 7 and 8 with Procedure step 13. KaChing!, Lesson 4: Your Budget Plan
Budget (noun) a plan for managing income and expenses (verb) to plan or to manage income and expenses
Income earnings or payments received for resources provided, such as labor.
Expenses costs incurred or the spending of money
Review What is budgeting? managing one’s income and expenses by creating a plan What is income? earnings or payment received for resources provided, such as labor
Review What are expenses? costs incurred or the spending of money Why do you think there were blocks on the road that said, “Friend’s Birthday Party Gift. Move back on block,” “Flat tire repair. Move back one block,” “Movie tickets increase in price. Move back one block.”? Even savvy spenders/savers like Jet Stream have unexpected expenses.