In today’s lesson on home economics, we are starting a new topic focused on budgeting and saving money. The lesson will cover the importance of budgeting based on income, explaining key terms like income, gross and net income, and how to differentiate between necessary expenses and discretionary spending. We’ll also explore potential banking services, the functions of different types of accounts—such as current and savings accounts—and discuss investment types for the future. Students will be encouraged to think about their own sources of income and how to manage their money effectively.