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In a few words, why is it important to manage money?

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Curipod lesson about topic "Managing Money"

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laura.james

Updated 4 months ago

1. Word cloud
120 seconds
In a few words, why is it important to manage money?
2. Slide
60 seconds
Managing Money: A Guide for 13 Year Olds in School
Learning how to budget and plan ahead Understanding the importance of saving and investing money Staying informed about financial products and services
3. Slide
60 seconds
Concepts:
budgeting: The process of allocating money to different expenses each month. saving: Putting money away for future use. investing: Using money to buy assets with the potential to generate income or increase in value over time.
4. Poll
60 seconds
  • Save all of your money for the future
  • Spend some money and save some money
  • Spend all of your money now
  • Invest in the stock market
5. Slide
60 seconds
Fun facts:
The average person has 11 credit cards. Americans spend more on taxes than food, clothing, and housing combined. Approximately $1.2 trillion is held in savings accounts across the US.
6. Drawings
450 seconds
Draw / write: What are some of the advantages of having a budget?
7. Drawings
360 seconds
Draw / write: What would be some of the consequences of not sticking to a budget?
8. Open question
150 seconds
What are some of the money-related skills that you already have?
9. Open question
330 seconds
What are some of the money-related skills that you would like to learn?

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