This will help students understand and grasp the personal finance vocabulary in a practical way. The students will have the choice in their own occupation and expenses - they will learn how to budget and the importance of budgeting through this activity.
- Student math journal notes that cover important finance vocabulary
-- gross monthly pay, deductions, net monthly pay, expenses, disposable income, savings
- Occupation, Home, and Type of Car choice cards
- Personal budget activity
- Teacher key and notes
TEKS 4.10 (A) Distinguish between fixed and variable expenses
TEKS 5.10 (B) Explain the difference between gross income and net income
TEKS 5.10 (D) Develop a system for keeping and using financial records
TEKS 5.10 (F) Balance a simple budget
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