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hello my friends welcome back to another one of our lessons here in our virtual math classroom today we continue our conversation in financial literacy with the discussion of expenses exactly what our expenses well you already know from third grade that expenses is anything that you spend your money on right so if you get an allowance or you get a birthday gift or somebody gives you some money then expenses is what you do when you use that money to exchange it for goods or services but in the world of financial literacy we have a way of categorizing expenses and why is that important because we want to be able to be experts at planning a budget that is right for us so that we can make sure that we have our needs and our wants covered okay most of all our needs right of our food our shelter our clothing but also at once entertainment once in a while vacation and once in a while and so forth so im going to show you im going to go ahead and upload these on the google classroom as well