Intro to Unit 4 - Budgeting

Unit EQ - How are budgets used to make wise financial decisions?

LEQ 1 - How are income and expenses classified?
LEQ 2 - What are the steps to develop a budget?

1. Activator - Word Association
2. Mini Lesson - Cash Flows
3. Spending Plan - Advanced Organizer
4. Spending Plan - PowerPoint
• Classifying Income and Expenses  (LEQ 1)
• Spending Plan Development Process (LEQ 2)
• Components of Spending Plans  (LEQ 2)
• Identifying Spending Plan Components (LEQ 1 & 2)
5. TOD 
• List the steps of creating a spending plan.
• Muddy Points