Wrapping Up the Unit: The budget & balancing it, stock market, Dow Jones

Wrapping Up the Unit:The budget & balancing it, stock market, Dow Jones

A budget is a plan for spending & saving, based on one’s income & estimated expenses

How do YOU budget?....

Why is it important that our government attempts to balance the budget when it comes to spending $$ on programs, goods & services?

“ A budget is telling your

money where to go

instead of wondering

where it went”

- JMK

Stock market: the market in which stocks & bonds are bought and sold

Dow Jones

• Dow Jones (Dow Jones & Company), is one of the largest business & financial news companies in the world.

• Firm founded 1896 by Charles Dow, Edward T. Jones & Charles Bergstresser. They founded The Wall Street Journal, which remains one of the most influential financial publications today.

Vs. “The Dow”

• It is easy to confuse Dow Jones with the Dow Jones Industrial Average (DJIA), A.K.A “The Dow”

• “The Dow” is one of the most watched stock measures of change in the economy (index) in the world

• General Electric, Microsoft, Coca-Cola, Exxon… • Dow Jones (the company) owns the Dow Jones Industrial Average as well

as many other indexes that represent different sectors of the economy.

In the world of finance, you'll often hear people ask, "How did New York do today?" or "How did the market perform today?" In both cases, these people are likely referring to the DJIA as it is the most widely used index

NOW:

• POLYANNA!!!!!• REVIEW GAME– TIME PERMITTING

I’ll come around with Ms. Pumpkin…You’ll grab a number without looking…

THIS NUMBER determines your order of choice!

WHEN YOU’RE UP:• YOU CAN STEAL ANY GIFT OPENED UP

BEFORE YOU (CHOICE)• OR…. YOU PICK A NEW ONE IN

RANDOM ORDER (CHANCE)