Q1 Game of Life: Vocabulary
KEY VOCABULARY
Allowance: An allowance is a set amount of money that parents give their children regularly for completing chores.
Budget: A budget is a plan for spending, saving, or managing money.
Career: A career is the work a person chooses to do throughout their life that usually requires a special set of skills, training, education, or experience.
Income: Income is the money a person receives from an allowance, working at a job, or interest on a bank account.
Interest: Interest is money the bank pays a person when they save money in a special bank account.
Need: A need is something that a person must have to maintain good health and be safe.
Salary: A salary is a fixed amount of money paid for working a period of time (usually yearly or monthly).
Savings: Savings are money not spent immediately but set aside for future use.
Want: A want is something a person does not need to maintain their health or be safe but would like to have.
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Competencies & Standards
MITECS Michigan Integrated Technology Competencies for Students, and
3. Knowledge Constructor
a. Plan and employ effective research strategies to locate information and other resources for their intellectual or creative pursuits
c. Curate information from digital resources using a variety of tools and methods to create collections or artifacts that demonstrate meaningful connections or conclusions
d. Build knowledge by actively exploring real-world issues and problems, developing ideas and theories and pursuing answers and solutions
6. Creative Communicator
a. Choose the appropriate platforms and tools for meeting the desired objectives of their creation or communication
c. Communicate complex ideas clearly and effectively by creating or using a variety of digital objects such as visualizations, models or simulations
Websites and Documents
Websites
Videos from Outside Sources
21t4s Documents & Quizzes