I can define the key terms that contribute to one’s income such as income, budget, credit, investing, money, spending, saving.
I can create a responsible monthly budget living within a given income.
I can explain how income is produced and limited by one’s occupation.
> Make a copy of your budget #2 and add it below the life event. Use this as your final budget of Budget #3
> Calculate your savings in 6 months based on your researched budget. To do this multiply your savings amount by 6.
> Explain if your income can cover your life event or you used your savings. (You will show this in your presentation)