Chapter 3 Part 1

Saving and Interest

Do you have a savings account?​

Multiple Choice

Should your bills be more than your income?

• Yes

• No

Multiple Choice

If you make 12.50 an hour and work 39 hours how much money will I make for the week?

• $477.50

• $480.50

• $487.50

• $488.50

Multiple Choice

If you make 432.34 every week, what will be your monthly income?

• $1,729.36

• $1,719.36

• $1,629.36

• $2,729.36

Match

Match the following

• budget

• bills

• income

• wants

• needs

plan for your money

payment you must make every month

how much money you make in a week, month or year

items you would like to have

things you have to have

• plan for your money

• payment you must make every month

• how much money you make in a week, month or year

• items you would like to have

• things you have to have

When do people save money?

There are three major reason to save money

Can you think of some emergencies you would need to plan for?

• Emergencies

• Irregular Spending

• Seasonal Expenses

Open Ended

What are some "big ticket" (expensive purchases) you would save for?

Open Ended

What are some seasonal expenses you may have? (Example: winter tires)

Make saving money more reasonable, "bite-sized" steps.

• Saving $2,500 for a car $100 a week.

Pizza Principal

A reminder of what you are working towards.

• Picture of a vacation

• Lock screen of the computer you want

Set a Goal

How can we grow our money?

What is a goal you hope to save money for?

Saving Strategies Cont.

What are some of you favorite online subscriptions?

Keep a check register, limit impulse buying and be careful with online services.

Look at You Sending Habits

Look for the best price before you spend your saving.

Comparison Shop

Match

Match the following

• Set a Goal

• Pizza Principal

• Comparison Shop

• Spending Habits

have a picture of the vacation you want

Saving in Bite Sized Chunks

Find the best price

Avoid impulse buying

• have a picture of the vacation you want

• Saving in Bite Sized Chunks

• Find the best price

• Avoid impulse buying