1. Warm Up 1750/2 1750/2 3450/4 3450/4 250 + 750 + 125 + 250 250 + 750 + 125 + 250 175/450 175/450

2. Consumer Finance Chapter 9: Budgeting Your Money Lesson 1: Finding Average Income

3. VOCAB Budget is a plan to manage income and expenses Budget is a plan to manage income and expenses

4. DIRECTIONS (Average Income) Multiply Multiply Net pay x pay period Net pay x pay period Divide Divide Answer / 12 Answer / 12

5. Review Weekly – 52 Weekly – 52 Bi weekly – 26 Bi weekly – 26 Semi monthly – 24 Semi monthly – 24 Monthly – 12 Monthly – 12 Bi monthly – 6 Bi monthly – 6 Quarterly – 4 Quarterly – 4 Semi annually – 2 Semi annually – 2 Annually - 1 Annually - 1

6. I DO (Average Income) Find the average monthly income Find the average monthly income Pay PeriodNet Pay 1. Biweekly$1425 2. Weekly$570.21 3. Semimonthly$1300.47

7. WE DO (Average Income) Find the average monthly income Find the average monthly income Pay PeriodNet Pay 1. Biweekly$135.96 2. Weekly$128.75 3. Quarterly$13450

8. YOU DO (Average Income) Find the average monthly income Find the average monthly income Pay PeriodNet Pay 1. Biweekly$287.16 2. Weekly$159.32 3. Semiannually$31250.50

9. DIRECTIONS (Average Income) Add Add Add all numbers Add all numbers Divide Divide Answer / how many numbers Answer / how many numbers Multiply Multiply Answer x 52 Answer x 52 Divide Divide Answer / 12 Answer / 12

10. I DO (Average Income) Find the average monthly income Find the average monthly income Weekly Net Pays 1. $356.10$159.25$267.84$192.90 $212.88

11. WE DO (Average Income) Find the average monthly income Find the average monthly income Weekly Net Pays 1. $105.16$174.2587$97.59$110.03 $126.48$95.70

12. YOU DO (Average Income) Find the average monthly income Find the average monthly income Weekly Net Pays 1. $88.88$102.15$90.76$101.18 $129.87$135.18

13. REVIEW Today we learned how to determine the average income Today we learned how to determine the average income

14. HOMEWORK WORKSHEET WORKSHEET

15. Warm Up 1750 x.2 1750 x.2 3450 x.4 3450 x.4 250 x.05 250 x.05 175 x.15 175 x.15

16. Consumer Finance Chapter 9: Budgeting Your Money Lesson 2: Preparing a Budget

17. VOCAB Expenses is the money spent Expenses is the money spent Budget Guidelines is an outline of budget policies Budget Guidelines is an outline of budget policies Circle Graph is a circular chart divided into sections to show relative sizes Circle Graph is a circular chart divided into sections to show relative sizes

18. DIRECTIONS (Budgets) Convert % to decimal Convert % to decimal Multiply Multiply Decimal x Total Budget Decimal x Total Budget

19. Circle Graph

20. I DO (Budget) Find the amount of each section for each monthly income Find the amount of each section for each monthly income 1. $810.15 2. $992.80

21. WE DO (Budget) Find the amount of each section for each monthly income Find the amount of each section for each monthly income 1. $1128.03 2. $696.45

22. YOU DO (Budget) Find the amount of each section for each monthly income Find the amount of each section for each monthly income 1. $713.28 2. $1037.69

23. REVIEW Today we learned how to determine the amount of money allowed to spend each month when given a budget Today we learned how to determine the amount of money allowed to spend each month when given a budget

24. HOMEWORK WORKSHEET WORKSHEET THURSDAY is MAKEUPS THURSDAY is MAKEUPS Don’t be absent Don’t be absent Grades lock Friday Grades lock Friday

25. Warm Up 500/11250 500/11250.25 as a percent.25 as a percent 3145/45265 3145/45265.07 as a percent.07 as a percent

26. Consumer Finance Chapter 9: Budgeting Your Money Lesson 3: Adjusting a Budget

27. DIRECTIONS (Adjusting Budgets) Divide Divide Expenses/income Expenses/income Change to a percent Change to a percent

28. I DO (Adjusting Budget) Find the percent for each individual category when given a net income. Find the percent for each individual category when given a net income. NET INCOME = $17307.20 NET INCOME = $17307.20 1. Housing$5538.30 2. Food$4153.73 3. Clothes$1730.72 4. Transportation$2596.08 5. Insurance$865.36 6. Entertainment$692.29 7. Savings$692.29 8. Health$1038.43

29. WE DO (Adjusting Budget) Find the percent for each individual category when given a net income. Find the percent for each individual category when given a net income. NET INCOME = $23695.06 NET INCOME = $23695.06 1. Housing$7108.52 2. Food$4975.96 3. Clothes$3080.36 4. Transportation$3317.31 5. Insurance$1421.70 6. Entertainment$1184.75 7. Savings$1658.65 8. Health$947.80

30. YOU DO (Adjusting Budget) Find the percent for each individual category when given a net income. Find the percent for each individual category when given a net income. NET INCOME = $56350.25 NET INCOME = $56350.25 1. Housing$12000.00 2. Food$5275.35 3. Clothes$3750.95 4. Transportation$8356.35 5. Insurance$4350.50 6. Entertainment$10356.10 7. Savings$8000 8. Health$4261

31. REVIEW Today we learned how to adjust a budget Today we learned how to adjust a budget

32. HOMEWORK WORKSHEET WORKSHEET THURSDAY is MAKEUPS THURSDAY is MAKEUPS Don’t be absent Don’t be absent Grades lock Friday Grades lock Friday

33. MAKEUP DAY Step 1 Step 1 Write make up day on warm up sheet Write make up day on warm up sheet Step 2 Step 2 Start working on your assignments Start working on your assignments Step 3 Step 3 Listen for your name Listen for your name This is for make up Quizzes This is for make up Quizzes Step 4 Step 4 Turn in all make up work by FRIDAY Turn in all make up work by FRIDAY BTW I WAS NICE AND DROPPED UR LOWEST QUIZ BTW I WAS NICE AND DROPPED UR LOWEST QUIZ

34. Warm Up.35 x 360.35 x 360.45 x 360.45 x 360.37 x 360.37 x 360.19 x 360.19 x 360

35. Consumer Finance Chapter 9: Budgeting Your Money Lesson 4: Using Circle Graphs

36. VOCAB Sector is a wedge-shaped section of a circle graph Sector is a wedge-shaped section of a circle graph

37. DIRECTIONS (Finding Degrees) Divide Divide Expenses/income Expenses/income Multiply Multiply Answer x 360 Answer x 360 Bc a full circle is 360 degrees Bc a full circle is 360 degrees

38. I DO (Finding Degrees) Find the degrees of a circle graph for each individual category when given a net income. Find the degrees of a circle graph for each individual category when given a net income. NET INCOME = $17307.20 NET INCOME = $17307.20 1. Housing$5538.30 2. Food$4153.73 3. Clothes$1730.72 4. Transportation$2596.08 5. Insurance$865.36 6. Entertainment$692.29 7. Savings$692.29 8. Health$1038.43

39. WE DO (Finding Degrees) Find the degrees of a circle graph for each individual category when given a net income. Find the degrees of a circle graph for each individual category when given a net income. NET INCOME = $23695.06 NET INCOME = $23695.06 1. Housing$7108.52 2. Food$4975.96 3. Clothes$3080.36 4. Transportation$3317.31 5. Insurance$1421.70 6. Entertainment$1184.75 7. Savings$1658.65 8. Health$947.80

40. YOU DO (Finding Degrees) Find the degrees of a circle graph for each individual category when given a net income. Find the degrees of a circle graph for each individual category when given a net income. NET INCOME = $56350.25 NET INCOME = $56350.25 1. Housing$12000.00 2. Food$5275.35 3. Clothes$3750.95 4. Transportation$8356.35 5. Insurance$4350.50 6. Entertainment$10356.10 7. Savings$8000 8. Health$4261

41. REVIEW Today we learned how to calculate the degrees of a circle graph that a portion of your budget will take up. Today we learned how to calculate the degrees of a circle graph that a portion of your budget will take up.

42. HOMEWORK WORKSHEET WORKSHEET

43. Warm Up.35 x 360.35 x 360.45 x 360.45 x 360.37 x 360.37 x 360.19 x 360.19 x 360

44. Consumer Finance Chapter 9: Budgeting Your Money Lesson 5: Balancing a Budget

45. VOCAB Balancing a Budget is determining whether there is enough money or will you be in debt Balancing a Budget is determining whether there is enough money or will you be in debt

46. DIRECTIONS (Balancing a Budget) Divide Divide Expenses/income Expenses/income Multiply Multiply Answer x 360 Answer x 360 Bc a full circle is 360 degrees Bc a full circle is 360 degrees

47. I DO (Balancing a Budget) Find the degrees of a circle graph for each individual category when given a net income. Find the degrees of a circle graph for each individual category when given a net income. NET INCOME = $17307.20 NET INCOME = $17307.20 1. Housing$5538.30 2. Food$4153.73 3. Clothes$1730.72 4. Transportation$2596.08 5. Insurance$865.36 6. Entertainment$692.29 7. Savings$692.29 8. Health$1038.43

48. WE DO (Balancing a Budget) Find the degrees of a circle graph for each individual category when given a net income. Find the degrees of a circle graph for each individual category when given a net income. NET INCOME = $23695.06 NET INCOME = $23695.06 1. Housing$7108.52 2. Food$4975.96 3. Clothes$3080.36 4. Transportation$3317.31 5. Insurance$1421.70 6. Entertainment$1184.75 7. Savings$1658.65 8. Health$947.80

49. YOU DO (Balancing a Budget) Find the degrees of a circle graph for each individual category when given a net income. Find the degrees of a circle graph for each individual category when given a net income. NET INCOME = $56350.25 NET INCOME = $56350.25 1. Housing$12000.00 2. Food$5275.35 3. Clothes$3750.95 4. Transportation$8356.35 5. Insurance$4350.50 6. Entertainment$10356.10 7. Savings$8000 8. Health$4261

50. REVIEW Today we learned how to calculate our budget, whether it be with remaining money or in debt. Today we learned how to calculate our budget, whether it be with remaining money or in debt.

51. HOMEWORK WORKSHEET WORKSHEET

52. Warm Up 985.65 + 235.12 985.65 + 235.12 785.56 – 961.35 785.56 – 961.35 7451.56 + 3521.12 7451.56 + 3521.12 453.6 – 89.98 453.6 – 89.98

53. Consumer Finance Chapter 9: Budgeting Your Money Lesson 5: Balancing a Budget

54. VOCAB Balancing a Budget is determining whether there is money remaining or a debt Balancing a Budget is determining whether there is money remaining or a debt

55. DIRECTIONS ( Balancing a Budget ) Add Add Funds Available + Income Funds Available + Income Subtract Subtract Answer - Expenses Answer - Expenses

56. I DO (Balancing a Budget) Find the Monthly Ending Balance and determine is it a debt? Find the Monthly Ending Balance and determine is it a debt? MonthFunds AvailableIncomeExpenses 1. April$25.00$2000$1350 May_____$1250$3450 June_____$2750$350

57. WE DO (Balancing a Budget) Find the Monthly Ending Balance and determine is it a debt? Find the Monthly Ending Balance and determine is it a debt? MonthFunds AvailableIncomeExpenses 1. Jan$1325.25$1234.35$1357.45 Feb_____$2468.25$2310.55 March_____$4125.15$5123.65

58. YOU DO (Balancing a Budget) Find the Monthly Ending Balance and determine is it a debt? Find the Monthly Ending Balance and determine is it a debt? MonthFunds AvailableIncomeExpenses 1. Oct$256.32$745.56$821.54 Nov_____$1325.75$756.32 Dec_____$489.32$561.35

59. REVIEW Today we learned how to calculate a monthly budget. Today we learned how to calculate a monthly budget. However, you need to keep in mind that a bank doesn’t work on a monthly scale (once you are in debt, most banks charge you per day) However, you need to keep in mind that a bank doesn’t work on a monthly scale (once you are in debt, most banks charge you per day)

60. HOMEWORK WORKSHEET WORKSHEET