Your $ - Your Life Day 5. Budget and Save Calculate your savings and record on #109 – 111: Your Salary(Day 2 - #41): 109. $ _______ X.10 = $ _______ Salary.

Slides:



Advertisements
Similar presentations
Selecting a Career. Objectives 1. Explain the reasons why people work. 2.Differentiate between work, occupation, job, and career. 3.List the factors to.
Advertisements

Worksheets.
Master Budget and Responsibility Accounting
Cash Flow 101 Instructions
Applications of Percents
Budgeting Your Money Some Money Facts $ The average person spends money three times a day. $ A movie with popcorn and a soft drink can easily cost $20.
Midterm Review Part 2. Answer the following questions. Take your time and double check your answers!!!
Questions???? How much do you pay of the original price if you get 25% off? 75% of the original price “75% of n” means .75 x n For fractions, decimals,
This is a guide to how Adults and Communities charge for some of their care services. These services are called Non Residential Care Services. These are.
Year 5 Term 3 Unit 6b Day 1.
Lecture 11 Macroeconomic Analysis 2003 Approaches to Macroeconomics.
Getting Over Living Paycheck-to-Paycheck. Seven Steps.. 1.Make sure income exceeds expenses 2.Maximize 401K or other matched savings 3.Establish an emergency.
Mathematics of Compound Interest
Teens 2 lesson ten saving and investing presentation slides 04/09.
Problem1; Admission Flow
Choose to Save Advanced Level.
Personal Finance Project. 1. Your starting salary is: …………
1 Questions to ask yourself Where are your biggest problems? What are your top priorities? What challenges are you facing? Whats most important to you.
1 Heating and Cooling of Structure Observations by Thermo Imaging Camera during the Cardington Fire Test, January 16, 2003 Pašek J., Svoboda J., Wald.
9.1 Markup on Cost Selling Price: price for product offered to public
What is Inflation? Inflation is rising general level of prices
2014 Level I Prep Class Determining a Neighborhood Factor 1.
Make Your Money Matter: Use a Budget (JAN 2013) Make Your Money Matter: Use a Budget Facilitators Name Date.
The Game of Money A young persons guide to money management. Day 3.
Inflation Unit Chapter 2 26
Slide 1 Notebook Friday, 22 August 2014Registration Respect yourself - Respect each other - Respect the environment Starter How many words can you find.
Frequency Distributions and Graphs
CITIZENSHIP, MATHS AND ICT Unit Overview Financial Literacy.
Lesson Menu Five-Minute Check (over Lesson 5–7) Main Idea and Vocabulary Key Concept: Percent of Change Example 1:Real-World Example: Find Percent of Change.
Ms. Wagemaker Coginchaug Regional High School Personal Finance Jeopardy Getting a Job Your Paycheck Your Budget Your Banking
Transparency 7 Click the mouse button or press the Space Bar to display the answers.
Resistência dos Materiais, 5ª ed.
Partial Products. Category 1 1 x 3-digit problems.
Doubling and Halving. CATEGORY 1 Doubling and Halving with basic facts.
Loans Section 4.2.
Your $ - Your Life Day 4. TO YOUR HEALTH #85: Add the amounts of Health Care Costs for your family and record the total. Health Care Costs Your monthly.
G REAT D EPRESSION C LASS S IMULATION. D IRECTIONS Get into Groups of 2 You are now a married couple at the end of the 1920s. You will be faced with the.
The Game of Money A young person’s guide to money management. Day 5.
How to finance a car So you need a loan…. What is a down payment? This is the amount you already have saved up in cash to pay towards your car.
The Financial Plan Chapter 2. Definitions You Need to Know Personal financial plan: specifying financial goals and describing in detail the spending,
What is your chosen career? Choose the career that you want and could achieve with your current grades as an average. Name of Career: Average salary: Educational.
Life’s a Beach…. Unless…it isn’t… Calculating Federal & State Taxes How much do you make a year?—This is your gross income Ex: $45,000 Divide it by 12.
MAKING ENDS MEET Personal Budget for Type your name or family name.
The Game of Life Click to start!. Directions Read each section and record all figures on your budget sheet. Click on the pictures to take you to the correct.
Make a list of all the reasons you can think of that would require you to live on less money.
What job do you want, do you have the grades and determination to make it there?
Intro Blaine, MN Campus Brooklyn Center, MN. Campus Moorhead, MN Campus Plymouth, MN Campus Richfield, MN Campus Rochester, MN Campus Shakopee, MN Campus.
When I Grow Up By: Jackson. What I Want to be  When I grow up I am interested in being a civil engineer. A civil engineer plans and builds buildings.
Family Budget BIM. Married or Single Occupations of both spouses Children Salary
DO NOW SILENTLY & INDEPENDENTLY, in today’s “Terms of the Day” sheet, define the following terms, in your own words. 1. Income 2. Gross Income 3. Net Income.
Budget Project Expenses House/Rent 28% Utilities 5% Food 18% Car Payment 12% Taxes 16% Savings 5% Entertainment 5% Other 11%
Managing Your Money Day 1. Money, Money, Money!!! Buy a new outfit for the dance? Pay for college? Buy a car? Start a business? Everyone can think of.
Financial Plan Start here. Choose a college Find your College Place financial info on next page.
Why create a budget?  A budget helps you understand where your money goes.  It helps you live within your means and meet your goals.  It helps you find.
Life Plan Project Student Name. Career Career - Education - National Average Earnings -
The Price of Independence Your family has been providing for you and supporting you your whole life. Soon you will be independent and supporting yourself…
My Budget Project Personal Finance Period:_____ Your Name 12/26/
Creating Power Point Charts. Instructions – Part 1 Create a tile slide with the title “Careers, Education and Salary” and a sub tile with your name and.
COSTS AND BENEFITS OF JOBS VS CAREERS. EVERYBODY IS DIFFERENT-THAT MEANS EVERYONE HAS DIFFERENT SKILLS Different individuals have different skills and.
Section 3.3.  Step 1: Set Your Financial Goals  Step 2: Estimate Your Income.
Preparing a Budget. Budgeting Managing one’s income and expenses by creating a plan  Companies, Governments, Families, You Covers a specific time  Companies.
Welcome to ®. When is Reality Town? April 12, 2016 Main Gym Three Sessions.
Cost of Living Exercise Careers Unit. Needs vs. Wants  Needs: Things I absolutely need.  Wants: Things I would like to have.
Budgeting Project!.
How much money will I need to live?
What are the benefits of having a budget?
SALARY BASED BUDGET Adapted from: NextGenPersonalFinance.com Salary Based Budget.
Education and Training Pays: 2013
Godin Family Budget Brendon Godin.
Great Depression Class Simulation
Presentation transcript:

Your $ - Your Life Day 5

Budget and Save Calculate your savings and record on #109 – 111: Your Salary(Day 2 - #41): 109. $ _______ X.10 = $ _______ Salary Savings If married, wife/husbands salary (Day 2 - #42): 110. $ _______ X.10 = $ ________ Salary Savings

Savings Simulator Calculator Go to Mrs. Kendalls webpage and click on the Savings Simulator Calculator. Use the information on each line in the chart to determine what your savings would be. Fill out the Total Amount at end of Term for each line.

Life Happens Lets see what happens when unexpected expenses – or income- come your way.

1.Using the Ups and Downs Sheet, roll two di to get a two-digit number. 2.Let the first di you roll be the first digit of a number and the second di, the second digit. 3.Find the corresponding circumstance to the two-digit number you roll on the Ups and Downs Sheet. 4. # – Record your unexpected events as you roll the dice for # then add them all together and write the total in #115.

Vacation Choose from one of the following vacation packages. The prices include travel and food; take half off if youre single. Destination Two-week Mediterranean Cruise$9, One week in Europe$3, One week in Hawaii$2, One week at Disney World$1, One week in San Francisco$1, One week at the beach (driving)$ One week at a state park (driving)$ One week camping (driving)$ One week at your in-laws house$60.00

#116 – 117: Write the amount of your vacation on your packet for #116. Divide this amount by 12 to determine how much you will set aside each month for #117.

Helping Others #118 – 120: Refer back to Day 2 (#41 & #42) to find your salary and your wifes/husbands salary. #120: Multiply the total by.02 to get the total donation amount.

Entertainment Use the following chart to get your familys cost of going to dinner and a movie, then decide the number of times each month.

Dinner/MovieFast Food MealNicer Meal Single$10.00$15.00 You & Wife/husband or date $20.00$30.00 Married with family$ $7.00 per child $ $14.00 per child #122 – 124: Determine your entertainment costs using the following chart.

Education and Training Not everyone borrows money to pay for higher education, but lets say you did. Look back to #28 to remind yourself what type of diploma or degree you needed for your career.

Student Loan: Typical Monthly Payments Associate Degree$50.00 Vocational Degree$54.00 Bachelors Degree$ Masters Degree$ College Professor$ Professional Degree (except for professor)$ Medical Degree$ #125: From the chart above, determine the student loan cost for the type of education or training you would need for your career.