Planned & Unplanned Spending

T.I.P.S.

Students must be able to tell advantages and disadvantages of decisions related to spending money when you have planned to and when you haven’t planned to.

Example

Mia’s brother wants to buy a new TV with a really big screen. Mia wants him to wait until he has saved enough money to pay for it. Make a list of reasons Mia might have for wanting her brother to wait and another list of reasons her brother might have for buying it now. Hint  Possible Solutions 

TEKS

3.9 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:

(C) identify the costs and benefits of planned and unplanned spending decisions

Feedback

Click here to submit feedback.