Responsible Earning, Spending, Saving, and Borrowing

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Presentation transcript:

Responsible Earning, Spending, Saving, and Borrowing A-1.01-Economic Activities

A-1.01-Economic Activities What Is Responsible Earning? A-1.01-Economic Activities

What is responsible earning? Will the students who have the coins please stand up? A-1.01-Economic Activities

What is your definition of responsible earning? The Quarter What is your definition of responsible earning? A-1.01-Economic Activities

What is your definition of responsible earning? The Dime What is your definition of responsible earning? A-1.01-Economic Activities

What is your definition of responsible earning? The Nickel What is your definition of responsible earning? A-1.01-Economic Activities

What is your definition of responsible earning? The Penny What is your definition of responsible earning? A-1.01-Economic Activities

A-1.01-Economic Activities What Is Responsible Spending? A-1.01-Economic Activities

What is responsible spending? Will the students who have the cash please stand up? A-1.01-Economic Activities

What is your definition of responsible spending? The Dollar What is your definition of responsible spending? A-1.01-Economic Activities

What is your definition of responsible spending? The $35+ in Cash What is your definition of responsible spending? A-1.01-Economic Activities

What Is Responsible Saving? Will the students who have the banks please stand up? A-1.01-Economic Activities

What is your definition of responsible saving? The Piggy Bank What is your definition of responsible saving? A-1.01-Economic Activities

What is your definition of responsible saving? The Commercial Bank What is your definition of responsible saving? A-1.01-Economic Activities

What Is Responsible Borrowing? Will the students who have the credit cards and the IOU please stand up? A-1.01-Economic Activities

What is your definition of responsible borrowing? The “Priceless” Card What is your definition of responsible borrowing? A-1.01-Economic Activities

What is your definition of responsible borrowing? I O U What is your definition of responsible borrowing? A-1.01-Economic Activities

A-1.01-Economic Activities The definitions shared point out ways in which these terms are different . . . . . . but, what do earning, spending, saving, and borrowing all have in common? A-1.01-Economic Activities

What do earning, spending, saving, and borrowing have in common? Pair up with another student to talk about this. Hint: What does the word responsible mean to you? A-1.01-Economic Activities

Earning, spending, saving, and borrowing are all economic activities. When done responsibly, they lead to many benefits for individuals and families. A-1.01-Economic Activities