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in the money

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erika steinger

on 17 March 2014

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Transcript of in the money

in the money
in the money
Unit eq: How can teens earn money, manage it, and make it multiply?
in the money
in the money
create your own monthly budget!
in the money
bank statements
lesson eq: How can having the right tools help you to manage your money well?
Do Now: Answer the following questions in your notebook.
How much money do you earn a month?
Calculate how much money you spend every month on food.
How much money do you have saved?
talking money
Income- the amount of money that you are earning or bringing in.

Expenses- the amount of money that you are spending.
Fixed Expenses- Regular charges that stay the same every month

Flexible Expenses- Regular charges, but the amount can be controlled

Discretionary Expenses- Money that you choose to spend
Keep in mind how much money you take in, and how much money you spend!
A bank statement helps you keep track of the money going into and coming out of your account.

A bank statement can keep you out of financial trouble by...
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