Unit Two Spending and saving income 课件.pptVIP

Dou you remember where income comes from ? If you have earned your own income, how will you spend it? Will you save it? Will you spend it ? Why? Do you prefer to spend more or save more? New words disposable income medium of exchange store of value basic need fixed expenditure 可支配收入 交换媒介 保值功能 基本需求 固定支出 New words subsistence living variable expenditure asset rich but income poor interest-free no-deposit instalment 自给自足的生活 可变支出 拥有高价不动产，但收入较低 不需首付款和利息的分期付款购物方式 分期付款购物 Subject Income Saving Taxation Spending Spending Saving Tax Money consumed Money saved up Money paid to government Important points Disposable income The money people receive after paying tax on the money they have earned is referred to as their disposable income. Disposable income can be either spent or saved, or a combination of spending and saving. spending saving Disposable income Expenditure The amount of money spent. Fixed expenditure Variable expenditure Spending we can’t avoid and have to plan for. Amounts spent by a consumer that change from time to time. Expenditure Fixed expenditure Basic needs Variable expenditure Change from time to time Fixed or variable expenditure? Fixed or variable expenditure? Fixed or variable expenditure? Spending patterns and factors which influence the need for saving Income Age Location Wealth The desire to purchase an expensive item will often influence a person to budget and save more regularly. Spending patterns and the need for saving are influenced by: Income, spending and saving patterns People who earn low levels of income need to be more careful with their spending and can struggle to save. People who earn high levels of income can enjoy high levels of spending. Age, spending and saving patterns Age can also influences people’s spending and saving patterns. Purchases vary with age. Baby Youth Teenager Nappies Bottles Computer games Sports gear Designer clothes Mobile Young adult Older adult Retiree Holiday; House; Health Holi