TEKS & Objectives

7.13 Personal financial literacy. The student applies mathematical process standards to develop an economic way of thinking and problem solving useful in one’s life as a knowledgeable consumer and investor. The student is expected to:

7.13.B identify the components of a personal budget, including income; planned savings for college, retirement, and emergencies; taxes; and fixed and variable expenses, and calculate what percentage each category comprises of the total budget

7.1.A apply mathematics to problems arising in everyday life, society, and the workplace

We will observe how influencers can misrepresent their wealth.

I will identify the vocabulary of budgeting.

1. Complete warmup.

2. Practice expressing money numerically.

Writing money amounts abbreviated (2 per page)

3. Watch video.

4. What financial vocabulary do you already know?

Budgeting Key Term Match

5. Try the Jump$tart Reality Check.

Answer some quick questions about your future lifestyle, when you’ve graduated high school.
This website will tell you how much money you need to make to support your planned lifestyle.

6. Learn how Instagram influencers trick you into thinking they are wealthy.

Don’t spend your money to keep up with social media influencers.
Usually, they aren’t even spending their own money!
Remember: “We spend money we don’t have on things we don’t need to impress people we don’t like.”