Aim: How does economics relate to my life?

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Presentation transcript:

Aim: How does economics relate to my life? Do Now: What are some expenses that you need to prepare for over the course of the next year (Make a list of 3-5 items). Homework: Current Event Presentations begin on Wednesday September 14th . Please get course syllabus signed by parent/guardian by tomorrow Please get Academic Integrity Forms signed by Wednesday, September 14th (Front and Back need to be completed and signed) Complete Parental Contact Form on eBoard if you have not already done so.

What are some expenses that you need to prepare for over the course of the next year (Make a list of 3-5 items).

Prom Night Expenses Prom Tickets: Dress: Tuxedo: Haircut/Style: Makeup: Shoes: Nails: Flowers for Date: Jewelry/Accessories: Limo: Other: After Prom Outfit:   Flower for Date: Prom House/Party: Food: Beverages: Prom Photos: Total

Prom Night Expenses – Average Costs Prom Tickets: $80 - $120 Prom Tickets: $80-$120 Dress: $75-$500 Tuxedo: $70-$250 Haircut/Style:$50-$150 Haircut: $13-$40 Makeup: $50-$200 Shoes: $50-$100 Nails: $20-$100 Flowers for Date: $30 Jewelry/Accessories: $10-$500 Limo:$100-$1000 Shoes: $40-$200 Other: After Prom Outfit: $50-$200   Flower for Date: $15 Limo: $100-$1000 Prom House/Party: $50-$500 Food: $20-$100 Food:$20-$100 Beverages: $20-$100 Prom Photos: $60-$100 Prom Photos:$60-$100 Total

Northeastern families are likely to lead the nation when it comes to blowing their prom budgets. They'll spend on average $738 for overall prom night costs and around $431 on "promposals," creating a total bill of $1,169. Western families will spend an average of $596 on prom night and $342 on promposals, tallying $937 in total expenses. Southern families will lay out an average $544 on prom night and $305 on promposals, for a total of $849. Midwestern families will live up to their reputation for thrift and spend an average of $515 on prom night and $218 for the promposal, leading to overall expenses of $733.

How do you plan to cover the cost of prom?