Budget Basics & Do I have enough?!

What is the meaning of the term 'Afford'?

• Having a credit card

• Having sufficient funds to purchase something

• Something you invest money in

• Having a debit card

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CCSS.5.NBT.B.7

Mia, Benjamin, and Samuel are planning a school event. They need to decide how much money they will earn from ticket sales and how they will spend it. What is this process called?

• A plan for earning and spending money.

• Being rich.

• It is a program that helps you lose money.

• A government financial program.

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CCSS.3.NBT.A.2

CCSS.3.OA.D.8

CCSS.3.OA.A.3

CCSS.3.OA.B.5

CCSS.3.OA.C.7

What is an "emergency fund?"

• Money set aside for an emergency.

• A fund that pays for hurricanes

• Emergency personnel

• Overspending.

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CCSS.3.NBT.A.2

CCSS.3.OA.D.8

Draw an "emergency account" full of $...

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CCSS.2.MD.C.8

CCSS.2.NBT.B.5

CCSS.2.NBT.B.7

Isla went to the bank to open a new account. The bank officer told her that she can have either a credit or a (a)   card. What type of card did the bank officer mention?

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CCSS.RI.2.5

CCSS.RI.3.3

CCSS.RI.3.5

CCSS.RI.4.3

CCSS.RI.5.3

When should you use money from your emergency fund?

• When you want a burrito.

• When your brother needs $50 for concert tickets.

• When your air conditioner breaks in 100 degree heat!

• When you want some pizza.

You have $14 in your wallet.. Do you have enough $ for 3 slices of pizza that cost $4.50 each?

• YES!

• No...

• I have enough for 4!

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CCSS.7.EE.B.3

You have $32 in your wallet.. Your brother borrows $15... How much do you have left in your wallet?

• $14

• $15

• $17

• $32

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CCSS.2.OA.A.1

You want a new computer... It cost $500.. You have $430 saved... How much do you still need?

• $70

• $500!

• $60

• $40

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CCSS.2.OA.A.1