Unit 8: Personal Financial Literacy
Mini-Unit 1: Expenses & Profit
Lesson 1.1: Fixed & Variable Expenses
Use these 4th grade guided math lesson slides to introduce and explore fixed and variable expenses through real-world financial scenarios. Students analyze an individual’s yearly spending to determine which expenses stay the same and which change over time.
Students will:
• identify fixed expenses and variable expenses in a yearly budget
• analyze unexpected expenses that may occur during the year
• recognize holiday-related expenses and other irregular costs
• explain how spending patterns change over time
Standards:
TEKS: 4.10A, 4.10B