© Thomson/South-Western ECONOMIC EDUCATION FOR CONSUMERS Slide 1 Chapter 6 LESSON 6.2 Track Income and Expenses GOALS  Describe how to set up an effective.

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Presentation transcript:

© Thomson/South-Western ECONOMIC EDUCATION FOR CONSUMERS Slide 1 Chapter 6 LESSON 6.2 Track Income and Expenses GOALS  Describe how to set up an effective filing system for your records  Explain the difference between fixed and flexible spending

© Thomson/South-Western ECONOMIC EDUCATION FOR CONSUMERS Slide 2 Chapter 6 Keep Financial Records  Track your income  Track your spending  Establish a filing system  Effective record keeping  How to use financial records

© Thomson/South-Western ECONOMIC EDUCATION FOR CONSUMERS Slide 3 Chapter 6 Expenses  Fixed expenses  Flexible expenses