This lesson discusses the importance of managing money wisely. Zyler Z. wants to purchase an expensive pair of tennis shoes that his parents are not able to afford. The students explain why money matters to them. Alisa explains the expenses of goods and services that most families have and the importance of purchasing items that are within your family budget. After a better understanding of his family budget, Zyler Z. is able to purchase a quality athletic shoe without a special name brand that fits his family budget. The importance of managing money wisely is stressed in this lesson.
Afford – to have the financial means for; be able to meet the expense of.
Bills – expenses that you pay for needed services that you receive.
Budget – balancing your finances.
Currency – paper or coin money used as an exchange for purchase.