1. 3-5 LESSON A: A TALE OF TWO BROTHERS TODD’S & KYLE’S MONEY JOURNALS

2. Todd & Kyle’s Money Journals
Todd & Kyle have the same savings goal: earn enough for a new snowboard in three months. Will they make it?

3. Todd & Kyle’s Money Journals
Kyle: Todd:
Month
Earned
Spent
Saved this Month
Total Saved 1.
Kyle earns $40 mowing lawns.
He spent nothing ?
Todd earns $80 working at ice cream store
He spent $20 on music and $50 on a new video game.

4. Todd & Kyle’s Money Journals
Kyle: Todd:
Month
Earned
Spent
Saved this Month
Total Saved 1.
$40
$10 2.
Kyle earns $15 doing yard work & another $10 weeding
Spent nothing ?
Todd earns another$80 at ice cream store
Spent $20 going out to eat & $20 on new soccer ball.

5. Todd & Kyle’s Money Journals
Kyle: Todd:
Month
Earned
Spent
Saved this Month
Total Saved 1.
$40
$10 2.
$25 3.
Kyle gets $25 from grand-mother for birthday ; earns $25 for raking leaves
Spent nothing ?
Todd gets $25 from grand-mother for birthday & earns another $80 at ice cream store
Spent $50 on new video game, $15 on snacks on field trip and $20 on music.

6. Todd & Kyle’s Money Journals
Kyle: Todd:
Month
Earned
Spent
Saved this Month
Total Saved 1.
Kyle
earns $40
Spent nothing
$40
Todd earns $80
Spent $70
$10 2.
Earns $25
$25
$65
Earns $80
Spent $40
$50 3.
Income is $50
$115
Income is $105
Spent $85
$20
$70
Kyle earned and received a total of $115. He saved 100%. Is this realistic?
Todd earned and received a total $265. By saving $70, he saved only 26%. He didn’t meet his savings goal. Why?

7. 3-5 LESSON A: A TALE OF TWO BROTHERS TODD’S & KYLE’S MONEY JOURNALS