SS - Let's Buy Stuff Lesson

Let's Buy Stuff

Introduction

Keeping track of your finances and being knowledgeable about fees, taxes and discounts can save you a ton of money! There are marketing ploys and enticing ads everywhere trying to convince you that they have the greatest deal for the best price. A smart shopper knows how to compare prices and avoid unnecessary fees and charges.

Pricing

In Your Notebook: Please take down important notes, such as formulas, and attempt the practice examples on your own before viewing the solutions!

Banking Vocabulary

Click on each tab to see the definition of the banking term.

Keeping Track!

Keeping a ledger, or a log of your finances can be very important. Banks commonly supply their customers with monthly statements. It's important to check these statements and compare them with your own records to ensure that no mistakes were made. You'll want to keep track of your purchases, your withdrawals and deposits, as well as any checks that were written or fees that were charged. Take a look at the following videos and see if you can keep track!

Practice

Please attempt to determine the missing values in the following activity on your own. Click on the question marks in the boxes to reveal the answers. How did you do?

History of the First Bank of the United States

Tracking Your Expenses

Print and use the expense tracker linked in Canvas.

Write down anything that you spend your money on and add it all up at the end of the week.

• Do you see any trends?
• Is there a category that you spend most of your money on?
• Or maybe a day of the week that you spend most of your money?

Keeping track of your expenses is a great idea to prevent overspending and help you save money!

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