Allowing a collaborative brainstorm session between students is an effective way to demonstrate to students all of the expenses they will need to budget for in the future! This is an activity that promotes understanding both of personal money management and knowledge of capitalism as students make connections to how their spending fits into the greater economy. -LB
Calculating Profit Anchor Chart - Financial Literacy: Wallstreet may be a long way off for your students, but lets face it, finances are tough. Make it easier on your students as they learn the basics of calculating profit. Add this anchor chart to your students' interactive math journal and give them a leg up as the move towards the real world. Let me know how it goes. I'd love your feedback as I update and improve these journals.