SS8E5 The student will explain personal money management choices in terms of income, spending, credit, saving, and investing.
• Choices
• Just like the governments money is limited, so is the money of most Americans.
• We get a limited amount of $$ on a regular basis in a form known as a paycheck.
• With this set amount of money we have to carefully choose how to spend it each time.
• Important decisions must be made as to what we can afford to buy such as houses,cars, and even food.
• People with excess money, after paying the necessities may chose to spend, invest, or save the surplus.
• Choices
• Just like the governments money is limited, so is the money of most Americans.
• We get a limited amount of $$ on a regular basis in a form known as a paycheck.
• With this set amount of money we have to carefully choose how to spend it each time.
• Important decisions must be made as to what we can afford to buy such as houses,cars, and even food.
• People with excess money, after paying the necessities may chose to spend, invest, or save the surplus.
