Date: April 11, 2017
Budget
Open:
Introduce students to the
importance of budgeting
(having a plan for spending
and saving)
Have students look at
personal budget, and come
up with similarities and
differences to what a
business budget may
include
How can we find out what %
example is spending on a
given expense?
Body:
Examples of calculating
percent of something
Writing an equivalent
fraction over 100, then
changing to a percent
Look at worksheet, go over
1st question, get students to
complete it using the
strategy we talked about
Once finished, go over with
students
Get students to get into their
pairs, go through their
business plan (or what they
have so far) and begin to
figure out what they will be
spending their money on, as
well as what % of their
budget they will be using for
that
Close:
As students finish their
budgets, remind them they
need to be thinking about
what they will ask the
Sharks for ($ wise), and why
theyre asking for that much
(need a good reason!)
Topic: Financial Literacy Subject: Math
Objectives:
Show example of budget on Students will continue to work on their
board (personal) Shark Tank assignment.
Students will learn about budgeting, and
converting fractions to percentages.
Students will also learn how to multiply
Talk about differences and divide decimals.
between personal and
business budget (rent,
payroll, advertising)
Choose example, go
through it with class
Core Ideas Addressed:
Do a few examples on Demonstrate and apply mental math
board (maybe 5 or 6?) strategies
Engage in problem-solving experiences
Using decimals to calculate taxes,
discounts, percents
**Online worksheet(s),
need to print**
Chromebooks for research
(rent, advertising costs)
Use pie chart to visually
represent where their
money is going
Essential Questions:
How do I decide how much money to
dedicate to a given part of my business?
How do I calculate the percentage of
Example, that amount of money?
How much do you need for
advertising? Is that
something the Sharks can
help with?
Differentiation: Whats Next: Resources/Materials:
Extra help where needed Continue working through Pie chart hand out
Be clear in explanations Shark Tank project. Anchor charts
Provide guidance when Practice questions (as class, and on
needed own)