System for Keeping Financial Records

T.I.P.S.

Students must be able to develop a system to keep track of money including but not limited to deposits, expenses, and balance.

Example

Yolanda is going to college and will be in charge of her money for the first time. Her parents are working with her to set up a system that will help her keep track of her finances. What type of system would you design for Yolanda? Provide a sample, including several transactions. 

Hint 

Possible Solution 

TEKS

STAAR Not Eligible 5.10 Personal financial literacy. The student applies mathematical process standards to manage one's financial resources effectively for lifetime financial security. The student is expected to: (D) develop a system for keeping and using financial records

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