budget.JPG


Christina Romano, Natalia Poniatowska, Brittany Human


personal_finances.gif
Grade 5
Introduction:
It is important to understand the value of money. If you only have a certain amount of it, you will only be able to buy a certain amount of things. But with money sometimes you can do fun , and productive things like we’re going to be doing today!


Tasks:
1. Play the “Price list” game until you score at least 80 points.
2. Create a bedroom with a $5000 budget. We will be giving you different websites to go to.


Process with Learning Device:
1. Use the different websites we give you to search for the furniture and fun decorations.
2. Use the Microsoft Excel spreadsheet to keep track of what you purchase and how much you are spending.
3. For creating what your bedroom will look like, use Microsoft Publisher and arrange your room however you’d like.
4. After everyone is finished, you will have a 5-7 minute presentation on what you used in your room and how much you spent on each item and all together.
It is important to make sure you are keeping track of how much you’re spending so you don’t go over $5000!


Resources:
Price Lists Game (Task #1)
Ikea
Rooms To Go
Simply Kids Furniture
Childrens-Kids Furniture

Learning Standards
6.5.13 Solve problems and number sentences involving addition and subtraction of decimals through hundredths (with or without monetary labels).


NETS-S
1. Creativity and Innovation
Students demonstrate creative thinking, construct knowledge, and develop innovative products and processes using technology. Students:
a. apply existing knowledge to generate new ideas, products, or processes.
b. create original works as a means of personal or group expression.
c. use models and simulations to explore complex systems and issues.
d. identify trends and forecast possibilities.

4. Critical Thinking, Problem Solving, and Decision Making
Students use critical thinking skills to plan and conduct research, manage projects, solve problems, and make informed decisions using appropriate digital tools and resources. Students:
a. identify and define authentic problems and significant questions for investigation.
b. plan and manage activities to develop a solution or complete a project.
c. collect and analyze data to identify solutions and/or make informed decisions.
d. use multiple processes and diverse perspectives to explore alternative solutions.

Assessment:

Rubric.jpg
Conclusion:
Throughout everyone’s lifetime, they will be in situations where they need to handle money and work under a budget. After completing this assignment, you should be able to manage money using a budget, as well as adding and subtracting decimals.