1 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt VOCAB.

Slides:



Advertisements
Similar presentations
Family Economics and Financial Education Take Charge of your Finances
Advertisements

Splash Screen. Chapter Menu Chapter Introduction Section 1:Section 1:Shopping for Food Section 2:Section 2:Clothing Choices Section 3:Section 3:To Rent.
Financial Education Jr. Chapter 2013 SHPE Foundation.
The Difference Between Renting and Owning a Home
Buying the Necessities
Renting vs. Owning The Difference Between Renting and Owning a Home.
Lesson 1: Renting a Home Consumer Math p
UNIT 7: CONSUMER SKILLS Section 4: Buying a House.
Housing and Home Furnishings. Housing meets our PHYSICAL needs: Shelter (extreme weather) Space for possessions (clothing, food) Space for activities.
 Average American Family spends ¼ of income on home  60% of housing units are owned by the people living on them.
Credit and Buying Necessities
21.42 Card # 1: A man weighed 90kg. After 2 months at Weight Watchers he has lost 20% of his weight. How many kg does he weigh now?
What is Personal Finance? Financial management is a critical part of everyday life. Personal finance is learning how to manage our money to get most out.
What you need to know before you rent your first place!
Personal Finance. Saving money is the cornerstone of a strong financial game plan. Some of the main reasons to save include: –To meet a very specific.
Buying the Necessities
Buying the Necessities. Shopping for Food  Involves making comparisons to help decide what to shop for and where to shop.  Only comparison shop as.
 You’ll make a lot of purchases in your life, some of the big ones being:  Television  Computer  Car.
BUYING VS RENTING. BUYING Homeowner Advantages  Freedom of use  Pride of ownership  Greater Privacy  Income tax benefits  Opportunity to build credit.
Topic 4: Understand the benefits of paying in advance ifs Certificate in Personal Finance (CPF5)
What’s Next? Assignment #2 Renting an Apartment Purchasing a Car.
Chapter 5.  Comparison Shopping ◦ Compare Brand Names and Sizes  Unit Price  Remember: Time is an Opportunity Cost.
Building: Knowledge, Security, Confidence A Roof Over Your Head FDIC Money Smart for Young Adults.
Finding a Place to Live!!! Renting an Apartment. Advantages of Renting Instead of Buying a Place to Live Mobility Minimal Responsibilities Finances- As.
Key to the Future Chapter 1, Lesson 3 Warm-Up Questions CPS Questions Note for teacher: Use “Pick a Student” button in CPS.
Housing: A Place To Call Home
YOUR ROLE AS A CONSUMER CHAPTER 3. MAIN IDEA: AS A CONSUMER, YOU PLAY AN IMPORTANT ROLE IN THE ECONOMIC SYSTEM CHAPTER 3 SECTION 1: CONSUMPTION, INCOME,
Renting vs. Owning The Difference Between Renting and Owning a Home.
Renting vs. Owning Family Economics and Financial Education Take Charge of your Finances.
RENTING VS. OWNING FAMILY ECONOMICS AND FINANCIAL EDUCATION TAKE CHARGE OF YOUR FINANCES.
H OUSING Housing options. H OUSING OPTIONS What should you consider when you evaluate available housing alternatives? Your lifestyle and finances What.
EconomicSocial FactorsPersonal Factors Prices Interest Rates Product Quality Supply and demand Convenience Product Safety Brand Name Maintenance Costs.
Buying a Car Jeopardy Final Jeopardy Car Buying Vocabulary Insurance Types of Coverage All.
Buying Necessities. Comparison Shopping- Food Shopping for food involves many considerations: brands sizes quantities unit prices freshness coupons store.
Personal Finance for High School Seniors. "...the borrower is a slave to the lender" (Proverbs 22:7)
Managing Your Money How to Make Things Happen Presented by: Greg Johnson (Hayes & Assoc.) February 7, 2008.
LIVING ON YOUR OWN. ADVANTAGES/DISADVANTAGES OF STAYING AT HOME AFTER HIGH SCHOOL.
11111 Youth Money Management Learning Good Spending Habits.
Locate and Set Up Your Business.  RETAIL  1. Downtown Areas  2. Neighborhood Shopping Centers  3. Community Shopping Centers  4. Regional Shopping.
Warm UP 1.What is the difference between gross pay and net pay? 2.What is the difference between a deduction and a bill? 3.What is the difference between.
CAREER BUDGET NAME 2014 – 2015 CAREER?. CAREER Career Qualifications: Entry Level Pay: Education Loan Payment: Location: Employer: Insert Career Image.
BUDGETS & INSURANCE. LEARNING TARGETS Students will… 1. Define what a budget is. 2. Explain the importance of preparing a monthly budget. 3. Explain the.
Renting Versus Buying. Does renting or buying have less responsibility for maintenance and upkeep?
Renting vs. Owning G1 © Family Economics & Financial Education – Revised March 2009 – Housing Unit – Renting vs. Owning a Home Funded by a grant.
Eastern /Western cost of living By: Megan Sokolik April 10, 2013.
By: Vicki Rivera January 10, 2013 EASTERN /WESTERN COST OF LIVING.
Acquiring Housing. Acquiring a place to live.. Process is the method used to accomplish a task. People have to make many decisions when trying to find.
Finding an Apartment. Objectives Students will be able to determine the most you are able to spend on an apartment Students will be able to choose wisely.
PERSONAL FINANCE Buying a Home. Objectives: Buying a Home Students will understand how key percentages are used to determine how much housing expense.
Applied Business Practices Final Exam Review. Credit –Borrowing money with the promise to repay in the future Installment Loan –Loan in which you make.
Locate and Set Up Your Business.  RETAIL  1. Downtown Areas  2. Neighborhood Shopping Centers  3. Community Shopping Centers  4. Regional Shopping.
Housing Legal and Financial Decisions.. Lease Lease – Legal document between the owner of the property and the person wishing to occupy the property.
Chapter 5.  I can identify a variety of ways to save money when shopping for food.
Module 10.1 Housing Alternatives. Apartment: a unit of rooms you rent to live in where there is more than one unit in the building House: a single dwelling.
Renting Vs. Buying a Home. Scenario A renter starts out paying $800 per month with annual increases of 5%. A homeowner purchases a home for $110,000 and.
Renting vs. Owning Economics2015.  Housing is the largest personal expenditure (About 1/3 of a person’s income.)  Choosing where to live is based upon.
Buying the Necessities Chapter 5. Shopping for Food Chapter 5, Section 1.
Chapter 70 HOUSING AND THE CONSUMER.  Single-family home – provides living space for one family. It is not usually connected to any other building and.
CHAPTER 5 REVIEW GAME ARE YOU READY.
You in the economy Notes for Chapter 17. Getting paid Salary – fixed payments at regular intervals Salary – fixed payments at regular intervals Wages.
Housing Deciding between Renting and Owning a House.
Borrowing Wisely Senior Advisory Week of May 23, 2016.
1. 2 All About Budgeting What is a budget? Spending guidelines –Creating a realistic budget –Cutting expenses Housing options Benefits of starting now.
HOUSING: TO RENT OR BUY? RENTING AN APARTMENT 1. LEASE- the contract created by the property owner stating rules and expectations of the renter for the.
Buying the Necessities
Money Trek Project Module 6: Renting & Buying a House
Buying the Necessities
Renting a Residence.
Buying the Necessities
Chapter 7 Housing Finances
Presentation transcript:

1 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt 10 pt 15 pt 20 pt 25 pt 5 pt VOCAB IN CLASS RULES “P” IT’S IN THE CLUE Insurance Rates and rent leases LISTS

2 DURABILITY

3 What is, the ability Of an item to last

4 Club Warehouse Store

5 What is Stores that sell in bulk and have lower priced foods.

6 Security Deposit

7 What is funds for the owner to hold in case rent is not paid or the apartment is damaged

8 Liability Insurance

9 What is Insurance that pays for bodily injury or property damage

10 Service Flow

11 What is the amount of time you will be able to use a product and value you place on it

12 What is the first assignment we always do in class?

13 What is, a Bellringer

14 What happens when Mr. Scott or Mrs. Thornton see your cell phone?

15 What is, it gets turned into Mr. McKnight.

16 What happens when one of the teachers sees you eating food?

17 What is, The food is confiscated or thrown away.

18 How do you make up work or find out what goes on in class, when you miss?

19 What is, You have to ask Mr. Scott what the class did on the day you missed.

20 DAILY DOUBLE

21 Write at least 3-4 sentences on the definition of “respect”

22 We read about an innovative company making this in a cone.

23 What is, Pizza

24 Another term used when referring to a generic product

25 What is, a Private- Labeled Product.

26 Renting and not buying, gives you different “-----” with where you can live

27 What are, Possibilities.

28 These are fees paid to the lender and computed as a percentage of the loan.

29 What are, Points.

30 One of the factors to consider when buying a car.

31 What is, price.

32 Someone might feel discriminated against when this is factored into their car insurance rate.

33 What is, your gender.

34 Name two facilities that could be included in your renter’s lease.

35 What are: Rec room, parking space, swimming pool.

36 DAILY DOUBLE

37 This is the Clause in a lease, stating you cannot sue the landlord. You want to avoid this clause.

38 You can improve these to lower your insurance rates.

39 What are, your grades.

40 You would pay more insurance on: a Ford Mustang or a Dodge Ram Truck… Explain why

41 What is a Ford Mustang, because it is a sports car.

42 List two of the three factors considered when buying clothing.

43 What are: Style, Durability, Cost of Care.

44 List three ways to save money on groceries.

45 What are: Coupons, store discount cards, comparison shopping, buying generic brand products.

46 List three ways to save on buying clothes.

47 What are: Comparison shopping, avoiding designer, buying on sale, shopping at consignment, seasonal

48 List 3 advantages of renting over buying.

49 What are: Lower monthly costs, greater mobility, no maintenance responsibilities

50 ary/Topics/HighScho ol/OpportunityCost.ht mlhttp://econlib.org/libr ary/Topics/HighScho ol/OpportunityCost.ht ml What are the two things the author is weighing his opportunity cost on?

51 What are: College, and Marrying the other girl.