50/30/20

what does the 50% represent?

• Resources

• Bills

• Needs

• Wants

Tags

CCSS.7.RP.A.3

what is an example of a Bill your parents might have?

• Restaurant

• Party Supplies

• Birthday

• Electric

Tags

CCSS.L.1.6

CCSS.L.3.6

CCSS.L.4.6

CCSS.L.K.5A

An example of a fixed expense would be...

• Water

• Electric

• Mortgage or Rent

• Groceries

Which is a Variable expense?

• Student Loan

• Car loan

• Rent

• Water

What does the 20% represent?

• Bills

• Wants

• Needs

• Savings

Tags

CCSS.6.RP.A.3C

What is not an example of savings?

• College

• Rent or Mortgage

• Vacation

• Boat

Which would be wise to save for?

• Birthday

• Car Payment

• College

• Shopping

Why is savings important?

• To enjoy freedom

• To have money for fun things

• To plan for the future

• ALL the ABOVE

Tags

CCSS.RI.11-12.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5

Where should your savings go to protect it?

• Bank Account

• Piggy Bank

• Shoe box

• Wallet

What does the 30% represent?

• Bills

• Savings

• Wants

• Needs

Tags

CCSS.6.RP.A.3C