3-5 LESSON A: A TALE OF TWO BROTHERS TODD’S & KYLE’S MONEY JOURNALS

Todd & Kyle’s Money Journals Todd & Kyle have the same savings goal: earn enough for a new snowboard in three months. Will they make it?

Todd & Kyle’s Money Journals Kyle: Todd: Month Earned Spent Saved this Month Total Saved 1. Kyle earns $40 mowing lawns. He spent nothing ? Todd earns $80 working at ice cream store He spent $20 on music and $50 on a new video game.

Todd & Kyle’s Money Journals Kyle: Todd: Month Earned Spent Saved this Month Total Saved 1. $40 $10 2. Kyle earns $15 doing yard work & another $10 weeding Spent nothing ? Todd earns another$80 at ice cream store Spent $20 going out to eat & $20 on new soccer ball.

Todd & Kyle’s Money Journals Kyle: Todd: Month Earned Spent Saved this Month Total Saved 1. $40 $10 2. $25 3. Kyle gets $25 from grand-mother for birthday ; earns $25 for raking leaves Spent nothing ? Todd gets $25 from grand-mother for birthday & earns another $80 at ice cream store Spent $50 on new video game, $15 on snacks on field trip and $20 on music.

Todd & Kyle’s Money Journals Kyle: Todd: Month Earned Spent Saved this Month Total Saved 1. Kyle earns $40 Spent nothing $40 Todd earns $80 Spent $70 $10 2. Earns $25 $25 $65 Earns $80 Spent $40 $50 3. Income is $50 $115 Income is $105 Spent $85 $20 $70 Kyle earned and received a total of $115. He saved 100%. Is this realistic? Todd earned and received a total $265. By saving $70, he saved only 26%. He didn’t meet his savings goal. Why?

3-5 LESSON A: A TALE OF TWO BROTHERS TODD’S & KYLE’S MONEY JOURNALS