Spending
Exchanging money for something you want.
What is Spending?
Keeping money aside for later instead of spending it right away.
A plan for how you will spend your money.
What is a budget?
If you buy a toy for $15 and candy for $3, how much money have you spent in total?
What is $18?
If you save $2 each week for 4 weeks, how much money will you have saved in total?
What is $8?
If you have $20 and you plan to spend $5 on toys, $10 on snacks, how much money do you have left to spend?
What is $15?
Why is it important to think before spending your money?
What is Making sure you need it and do not spend more than you have?
Why is it important to save money instead of spending all of it at once?
The importance of creating a budget for your money.
Something you could spend money on that is a need, not a want.
What is toys, games, movies, etc.?
A goal you might have for saving your money.
What is saving for something special?
Name one category you might include in your budget.
What is bills, groceries, sports, etc.?
Making sure you don't spend more money than you have.
What is making a budget and sticking to it?
Deciding how much money to save each week.
What is creating a budget?
How often should you review your budget to make sure you are on track?
What is once a week?