Allocates Money
Developed by Joyce Elliott
Complete one of the following activities:
Activity # 1: "Managing Money"
1. Refer to the book entitled Using Resources , developed by Agency For Instructional Technology, located in the Mainland High School Media Center
2. Read the article entitled "Managing Money", on page 26.
3. After reading the article, complete the following:
a. Find the key ideas, at the top of page 27. Write a sentence for each of the nine words or word groups found under "Key Ideas".
b. Turn to page 28. Read the article in the box entitled "New Money in Europe". Summarize what you learn from this article.
c. Turn to pages 29, 30 and 31. Answer the questions or complete the sentences with the appropriate answers.
f. Turn to page 32. Read the article entitled, "Caught on Camera". Answer the questions on page 33, 34, 35 and 36.
To learn more about the euro, refer to the following web site: http://www.europa.eu.int/euro
Activity # 2: Create A Personal Budget
1. Refer to Web Site: http://www.plan.ml.com/family/parents/personal.html
2. Read the article entitled "Create a Personal Budget"
3. Write a summary on how to create a budget
Activity # 3: Cash Management and Budgeting
1. Refer to the following web site: http://www.fpanet.org/plannersearch/budgeting.cfm
2. Read the article entitled "Cash Management And Budgeting".
3. Write a summary of what you learned from reading this article.
Activity # 4: Managing Your Family's Money
1. Refer to the following web site: http://www.cahe.nmsu.edu/pups/-g/g-258.html
2. Read the article titled "Managing Your Family's Money."
3. Write a summary of what you learned from this article.
Directions: Complete four activities from activities 5-9
Activity # 5 Demonstrate Using The Budget You Prepared in Activity #2
1. Keep a budget for one month.
2. Have a parent or a designated teacher sign your budget sheet each week for one month.
3. Repeat this activity each month until the end of the school year.
4. Have a parent or designated teacher sign at the end of each month.
Activity # 6: Money Management For Teens Who Have Jobs
1. Refer to Web site: http://parentingteens.about.com/library/weekly/aa020398.htm
2. Read Article entitled "Money management for Teens who Have Jobs".
3. Regarding money management, what 5 rules did the parent set for her teenager?
Activity # 7: Open a Saving Account
1. Open a savings account at a bank with a parent.
2. Allow a parent or designated teacher sign your monthly.
3. Show signed monthly statement to appropriate source.
Activity # 8 "Teaching Money Management"
1. Refer to Web site: http://parentingteens.about.com/library/weekly/aa012798.htm
2. Read the article entitled "Teaching Money Management"
3. After reading the article, answer the following questions:
a. How should money management be established for 12 year olds?
b. How should money management be established for 13 to 14 year olds?
c. How should money management be established for 15 to 16 year olds?
d. How should money management be established for 17 to 18 year olds?
4. Write a budget simulation for each of the following age groups
a. Age 12
b. Ages 13-14
c. Ages 15-16
d. Ages 17-18
Activity # 9: "Preparing A Budget Simulation For A Business"
1. Refer to the book entitled Using Resources, developed by Agency For Instructional Technology, located in the Mainland High School Media Center.
2. Read the article entitled "Budgeting Resources" located on page 72.
3. After reading the article, complete the following:
a. Locate "On the Net" in the small square at the top of page 73. Visit the 4 Web sites to answer the question regarding how much you would have at the end of 15 years.
b. Find the "Key Ideas", at the bottom of page 73. Write a sentence for each of the 9 words or word groups.
c. Turn to page 74. After reading the section entitled "Moving Ahead", answer the questions located on the same page.
d. Turn to pages 76 and 77. After reading the section entitled e-skills, answer the 5 questions which follow.
e. Review pages 79 - 81, entitled "Skillfully Done", answer the 4 questions which follow.
f. Turn to pages 81 and 82, answer the 5 questions which fall under "Quality Control.
g. After reading the entire article, write a budget assimilation for a business.