Understanding Positive and Negative Numbers with Money

This lesson teaches how to use positive and negative numbers by relating them to real-life money situations. Positive money is money you have, like income or gifts, while negative money is money spent or owed, like expenses or debts. The lesson includes examples of both, such as earning money from work or spending on purchases. It also covers how to manage a bank account by tracking deposits and withdrawals, using parentheses to denote negative amounts in accounting.

What happens to your bank balance when you earn money after making previous purchases?

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Explain the difference between positive and negative money in terms of spending and receiving.

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