Grade 9-12
,
Lesson

Saving and Budgeting Using the Wheel of Mystfortune

Time: 90 mins,
Updated: May 14 2024,
Author: David Mushrush

Objective

Students will be able to:

  • Define saving, savings, income, expenses, taxes, disposable income and budget.
  • Interpret a graph.
  • Explain how saving is advantageous.
  • Calculate a line of best fit when graphing points.
  • Calculate rate of change.

In this personal finance lesson, students determine their monthly earned income and estimate how much they could be saving.

Procedure

Click NEARPOD VERSION: SAVING PART 1 and NEARPOD VERSION: SAVING PART 2 to access an interactive version of the lesson powered by Nearpod: students interact and respond to questions on their device, and teachers will see their responses in real time!