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Manage Your Finances Wisely - A Simple Money Exercise

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This exercise involves depositing and withdrawing money from a bank account. Start with $30, withdraw $10, add $600, withdraw $120. Calculate the remaining balance. Practice basic money management skills.

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Manage Your Finances Wisely - A Simple Money Exercise

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Presentation Transcript

  1. Head Problem

  2. 1. I am thinking of putting $30.00 in the bank.

  3. 2. I take out $10.00

  4. 3. I get paid $600.00 and put it in the bank.

  5. 4. I take out $120.00 to buy groceries for my family.

  6. 5. How much money do I have left in the bank?

  7. The answer is . . . $500.00

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