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Using money wisely

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Power Point for Graduate Class

Power Point for Graduate Class

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Using money wisely Using money wisely Presentation Transcript

  • Using Money Wisely
    Miss McCall
    Picture below from:
    http://www.topnews.in/files/middle-school-students301.jpg
  • Things you can do to be “smart” with your money
    Save
    Spend only what you have
    Keep accurate records (remember Miss McCall is still learning this process as well as you!)
    Always budget for more than less
  • Advantages and Disadvantages of being “smart” with your money
    Advantages
    Disadvantages
  • You have $50.00. You are heading to JCPenny to shop for jeans.
    The first pair you find is for $46.50
    The second pair you find is for $25.00
    The third pair you find is for $60.00
    Which option do you choose and why?
    Picture from: http://www.sagradoquilmes.edu.ar/schoolvirtualtour/Jeans%5B1%5D.gif
    The Jean Question
  • Advantages and Disadvantages to your option
    Advantages
    Disadvantages
  • To Save or Not to Save
    List at least two reasons why it is important to save
    List any disadvantages you see to saving
  • Business Connections
    This website allows students your age to connect and learn about the business world!
    You can learn how to invest in stocks!
    You are able to gain information on Business Camps!
    http://www.youngbiz.com/
  • Smart Money Quiz Show
    Tests your basic knowledge of bank and credit.
    This is a good game to help you learn how to STAY out of debt!
    http://www.practicalmoneyskills.com/games/trainingcamp/
    (Click on the games link to access SMQS)
  • Banking History
    The following link is from FDIC.
    http://www.fdic.gov/about/learn/learning/when/index.html
    When you click on this link, you will be led through the history of the United States banking system.
  • Other Cool Websites to Check Out
    The following website teaches you how to manage your money from a young age. It is very helpful to elementary students (maybe you can teach your younger siblings as well as learn something yourself! http://member.kids.growingmembers.com/
    The following website teaches youth to be smart shoppers (remember don’t always go and blow your money on just anything)! http://pbskids.org/dontbuyit/
    The following website helps students understand how much the dollar has been worth through the years. http://data.bls.gov/cgi-bin/cpicalc.pl
  • CPI, . (n.d.). Inflation calculator. Retrieved from http://data.bls.gov/cgi-bin/cpicalc.pl
    CUVillage.com, . (2007). The Early bird savings club. Retrieved from http://member.kids.growingmembers.com/
    FDIC, . (2006, May 02). Fdic: learning bank. Retrieved from http://www.fdic.gov/about/learn/learning/when/index.html
    KCTS Television, . (2004). Don't buy it: get media smart. Retrieved from http://pbskids.org/dontbuyit/
    Practical Money Skills for Life, . (2010). Financial literacy for everyone. Retrieved from http://www.practicalmoneyskills.com/games/trainingcamp
    Young Biz U.S.A., . (n.d.). Youngbiz.com. Retrieved from http://www.youngbiz.com
    Bibliography
  • Notes to remember…
    I created this with the idea my students would be able to use this as a note taking strategy (hence the advantages and disadvantages).