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Ch. 19- Balancing Act. Priorities- things most important Maintaining balance Take charge of time How do you use your time? Learning: Get more out of class time Pay attention Take notes Review your notes Family & friends Time management Plan ahead, make choices Manage energy
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Priorities- things most important • Maintaining balance • Take charge of time • How do you use your time? • Learning: • Get more out of class time • Pay attention • Take notes • Review your notes • Family & friends • Time management • Plan ahead, make choices • Manage energy • Morning or afternoon person? • Improve healthy habits= more energy
Ch. 20- Managing Money • Why? • Make money work for you • To create a balance between spending and saving • Money and you • Keep track of what you receive- income • Keep track of your spending- expenses • Categorize expenses- flexible vs. fixed
Make most of your money…. • Create a budget- plan for spending and saving money • Make it a reality • Record income • Write down what you plan to spend • Review budget periodically
Use financial services • Checking accounts • Opening an account • Depositing money- endorse • Using a checkbook • Checks • check register • Using debit and smart cards • Check financial statements • Savings accounts- interest • Credit- loans, sales credit or charge accounts • Credit rating • Income and money resources
Assignment: • Check book activity