Budgeting Apprentice Challenge Learning Objective: To develop the skill of budgeting by finding cost effective ways of buying household items.

Slides:

Advertisements

Similar presentations

Money Management. Vocab Words Budget: a spending plan to help you manage your money Needs: items that you are unable to live without Wants: items you.

Advertisements

Mrs. Wilson Business Essentials. This lesson provides information about money management basics and the reports used to measure financial progress.

Spend A Million! What if?? A Maths Project for Year 4 at Cranbourne East Primary.

BUSINESS & PERSONAL FINANCE LEVEL 3M. DEFINITION Money management is the control of cash flow.

Budgeting at University When you are at university, your costs will increase by a considerable amount. You may choose to live on your own during your degree,

Common Sense Economics Section 3 Element 2 Allocation Through Voting is Fundamentally Different Then Market Allocation 1.

In many states you pay sales tax on items you buy. This sales tax is a percent of the purchase price. A tax percent is also called a tax rate. A desk.

Console Yourself! Jamie the School Boy’s Lesson. Objective To help Jamie buy a console and save £100 Starter Can you think of all the major things that.

THE FOOD BUDGET. Important Vocabulary Budget: A plan for managing money. Staples: Basic food items that are used on a regular basis. Food Assistance Program:

1 6.01A FACTORS THAT AFFECT FOOD SELECTION 6.01AFactors that Affect Food Selection.

Personal Budget Activity. Personal Budget Reminder If HOURLY RATE is given: HOURLY RATE * 40 HOUR WORK WEEK = WEEKLY SALARY WEEKLY SALARY * 4 WEEKS IN.

Road Trip! Holidays are almost here. Your family has decided to go on a road trip for two weeks and are letting you decide where you will go! You will.

Personal Finance Part 1.  _don_t_eat_the_marshmallow_yet.html _don_t_eat_the_marshmallow_yet.html.

Community Money Advice’s Budget Coaching Training.

Michelle Schumann 04/03/13.  Be organized….coupon wallet or binder.  You don’t need to spend 30+ hours a week couponing like on TV.  Only buy items.

Joshua Jordan.  Everyone loves shopping. This Friday, Black Friday, is arguably the biggest shopping day of the year. This year, you have decided to.

Money Management Skills

Budgeting Creating a Plan for Your Spending. $50.00 What would you do if someone gave you $50? Would you spend it on something, would you save it? What.

Financial plans and budgeting AR FACS framework 7.6.

Work for Food, Clothes and Toys Social Studies Online Grade 2.

7 TH GRADE Personal Finance. Piggy Bank? Has anyone ever saved money? Or maintained a budget of any kind?

Lesson 4-2 Basics of Budgeting LEARNING GOALS: -IDENTIFY THE PURPOSE OF A PERSONAL BUDGET -PREPARE A PERSONAL BUDGET -DESCRIBE RECORDKEEPING METHODS USED.

Circular Flow Lesson 2, Activity 5 1. Give three examples of resource owners. Answers will vary, answer can be anyone who has land, labor, capital or entrepreneurship.

Consumer Price Index. Federal Government’s Main Goals One of the federal government’s main goals has been to maintain price stability. If the price of.

Personal Budget Vocabulary. Personal Budget Estimate of costs, income, and resources over a certain period of time. Step 1: Identify how much money you.

BUDGETING 201: BUDGETING WITH EXCEL 1. STUDENTS WILL UNDERSTAND THE CONCEPT AND PURPOSE OF BUDGETING. STUDENTS WILL GET FAMILIAR WITH EXCEL AND PRACTICE.

10/14 Aim : Why is budgeting important? Do Now : Necessities & Luxuries Chart.

The team closest - but not over - wins! Guess the price of the items.

Budgeting at University When you are at university, your costs will increase by a considerable amount. You may choose to live on your own during your degree,

A item is marked 25% off and then you are given an additional discount of 10%. What will you pay? Are receiving a total of 35% off? Explain why or why.

COMPLETING YOUR BUDGET 1 Adapted in partnership with ©2015 Educurious Partners--All rights reserved UNIT 3 LESSON 4.

Establishing Healthy Financial Habits Personal Finance.

Chapter  A plan for saving and spending.  Allows you to meet your personal goals with a system of wise spending.

Think about water and how much water they think that they use on a daily basis? ….how about each month ? Think about all the different situations in which.

W HY B UDGET ? Money In & Money out. Objectives Students will be able to estimate monthly income and expenses Students will be able to determine whether.

Chapter 43 Budgeting Techniques. Budget The main purposes are to help you. –Live within your income. –Achieve your financial goals. –Buy wisely. –Avoid.

END ENTER Torfaen Working Group. END We Are Learning To:-  Make choices when selecting foods  Understand the difference between healthy and unhealthy.

Mathematics for Business and Personal Finance Lesson Objective Compute the average monthly expenditure. Content Vocabulary recordkeeping expenditures recordkeeping.

©2009, TESCCC Second Grade Unit 10 Lesson 1 Goods & Services.

Thanksgiving Project. Getting ready to eat!  Between now and Thanksgiving, we will create FunMat for your family dinner.

Chapter 7 Buying Decisions. Slide 2 Where Can Consumers Get Credit? Credit is the ability to borrow money and pay it back later. 7-2 Getting Started with.

The habits of making use of money

Preparing a Budget. Budgeting Managing one’s income and expenses by creating a plan  Companies, Governments, Families, You Covers a specific time  Companies.

© Annie Patton Expenditure Money arrives without instructions. (Eddie Hobbs Short Hands, Long Pockets Page 9) So we have a choice, what to do with our.

Bell Ringer 1/20/16 Make a list of some items you would like to purchase in the next few years Take out homework. We need to go over it.

Family “X” Monthly Budget Proposal Team Member Names Grade Day.

MGT 449 Week 3 DQ 2 What factors contribute to the quality orientation of an organization? How might an organization incorporate quality into its culture?

MGT 311 Week 5 Learning Team Reflection Discuss various strategies to managing diversity. Describe the steps that can be taken as a manager to ensure that.

PSY 210 Week 1 DQ 2 Important factors to consider when taking your classes are how employers will view the skills you have developed during your college.

PSY 210 Week 3 DQ 1 The text, Psychology and the Challenges of Life, discusses several sources of stress. What sources of stress did the text identify.

CJA 454 Week 4 DQ 2 What strategies might you suggest to augment a criminal justice budget? To purchase this material click below link

QRB 501 Week 2 DQ 4 Under what circumstances would you be likely to base the markup of an item on the selling price? Under what circumstances would you.

EDD 581 Week 2 DQ 1 What do you see as potential challenges or limitations to completing your action research project successfully? To purchase this material.

EDD 581 Week 3 DQ 1 What are examples of some problems that teachers might study using an action research model? To purchase this material click

EDD 581 Week 8 DQ 2 From beginning to end, what are the most challenging components of writing the ARP document? To purchase this material click

EDD 581 Week 8 Individual Action Research Proposal and Presentation To purchase this material click 581/EDD-581-Week-8-Individual-Action-

HCS 405 Week 5 Individual Paper Budget Changes How might financial managers budget for unforeseen changes and improvements in information technology that.

HCS 446 Week 1 DQ 2 How might you use new facility planning to effect operational change? To purchase this material click below link

LAW 421 Week 1 Reflection To purchase this material link 421/LAW421Week1Reflection For more courses visit our website.

LAW 531 Week 1 Quiz To purchase this material click 531/LAW-531-Week-1-Quiz For more classes visit

HCS 449 Week 3 DQ 1 What are some of the benefits of creating a personal action plan? What have you learned about yourself through the process? To purchase.

HRM 310 Week 2 DQ 3 How can meeting the challenge of change become an organizational opportunity? Provide an example of an organization that used change.

HRM 310 Week 3 DQ 1 As a leader, why is it important to consider the ethical aspects of implementing a change? What are some of the ethical challenges.

ACC 422 Week 1 Summary To purchase this material click 422/ACC-422-Week-1-Summary For more classes visit

ACC 422 Week 2 Summary To purchase this material click 422-Week-2-Summary For more classes visit

ACC 422 Week 3 Summary To purchase this material click 422/ACC-422-Week-3-Summary For more classes visit

ACC 422 Week 4 Summary To purchase this material click 422-Week-4-Summary For more classes visit

Windows 7 Ultimate To Load Click Simulation PPSX

Mathematics Lesson 1: Money, Money, Money

Hungry Planet: What the World Eats.

Presentation transcript:

Budgeting Apprentice Challenge Learning Objective: To develop the skill of budgeting by finding cost effective ways of buying household items.

Food Prices Think back to the amount of money you allocated yourself for food each month last lesson... Why might the following clips prove a problem for many people?

The Apprentice Challenge! You will each have a list of food items that you need to purchase. Your challenge is to buy these items spending the LEAST amount of money possible. You can visit any store you like but you will need to record on your spreadsheet how much the item cost and where it is from. The group who spends the least amount wins! How to get started: 1)Go to the Wildern WIN. 2)Click on CSI and Year 9. 3)Scroll down to the ‘When I Grow Up Unit’. 4)Open the folder called Lesson 4 Apprentice Challenge 5)Download the Excel Spreadsheet 6)Click on Sheet 1 to find the food items you need.

Extension Challenge If you have finished your food challenge, you now need to click on Sheet 2. It is Christmas and you need to buy presents for the people on your list. You need to buy each of these items for the least amount of money possible.

Reflections Was this an easy/difficult challenge? Would you be happy to budget like this on a weekly basis? Would you have approached the challenge differently if you were feeding a family?