7th Grade Social Studies Personal money management

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Presentation transcript:

7th Grade Social Studies Personal money management FACTORY SHOALS MIDDLE SCHOOL MR. L. SMITH 7th Grade Social Studies Personal money management

FIRST FIVE Agenda Message: Bring a calculator to class for the next two weeks. Personal $ Management Vocabulary Quiz is next Thursday, May 7th. Standard: Explain personal money management choices in terms of income, budgeting, savings, spending, credit, and investing. Essential Question for Friday, May 1st : What is the number one factor that impacts your Earning Power? Warm-Up: What is the theme for Personal Money Management? Today We Will: Personal Money Management – Earning Power www.themint.org

ANSWERS E.Q. Answer for Friday May 1st: The amount of education & training that you have Warm-Up: “It’s Not About the Amount of Money You Make, It’s ALL About the Amount of Money You Keep”

Personal money management Earning Power Your Ability To Make Money

Personal money management The #1 Factor Impacting Earning Power The amount of education & training you have

Personal money management Earning Power Do any of you do jobs around the house for money? Do you get an allowance? Do any of you work outside the house – babysitting, delivering papers, cutting grass, etc.? What jobs or careers would you like to do when you enter the workforce as adults? For those students that currently hold jobs, what could you do to increase your earning power?

Personal money management Earning Power Activity Worksheet Students use the worksheet to reinforce the concept of earning power

Theme for Personal Money Management Earning Power Vocabulary Words Money Legal Tender Value Purchasing Power Theme for Personal Money Management Earning Power