Warm up: Do you have any food-related family traditions? What are they and what makes them special to you and your family?
Grocery Receipt Activity Complete the Weekly Meal Plan
Make your grocery list and track all prices.
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Warm up: When you shop locally you pay sales tax on your purchases. What do you think the sales tax is used for?
Sales tax, discounts and unit cost Sales tax: Colorado-2.9% La Plata County-2% Durango-3% Total city tax is 7.9% Sales Tax, Discounts and Unit price worksheet Warm up: Why might it be important to keep a check register?
Check writing and register activity. Use this check register (make a copy and share with me) to record the four checks you write and your monthly expenses. Keep a running balance of how much money you have! Include the following in your register:
Warm Up; What are some important qualities your food must have and why? Organic? Cheap? Flavorful? Better quality ingredients? Gourmet?
Food activity! Cost of unit versus sales price. What is the retail price? What is the unit price? Which is the better deal? Which do you choose? Compare five items in each of the Albertsons and City Market weekly circular ads to Walmart.com and figure the cost per unit. Which one is a better deal? List all five in your journal with the better deal identified. Warm up: What are three requirements you must have in your apartment/ house at 25 years old?
Find three rentals and write the details of each in your journal. The Durango Herald or a newspaper in your city is a good place to start. www.apartments.com
Electronic budget Record your monthly revenue and your new rent cost in the electronic budget. Share it with me. Warm up: What are some resources you can draw on when a "life wild card" hits you? Examples: A very large medical bill or a car repair.
Check writing and register activity. Use this check register (make a copy and share with me) to record the four checks you write and your monthly expenses. Keep a running balance of how much money you have! Include the following in your register:
Warm up: What are some differences between writing a check and using a debit card?
Check writing and register activity. Use this check register (make a copy and share with me) to record the four checks you write and your monthly expenses. Keep a running balance of how much money you have! Include the following in your register:
Warm up: What is a check register and why might you reconcile your bank statement?
Complete check register worksheet. Warm up: What are some differences between savings and checking accounts? What is a debit card and how is it different from a credit card?
Complete the Checking Account Transaction worksheet. Warm Up: Why do you think a budget is important? What do you think is the hardest
thing about one? The greatest benefit? Use this budget. Use your pay stub to determine your monthly take home pay. Your net (take home pay)after taxes x 2 = monthly take home pay.
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April 2019
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