As you can see, economics affects our daily lives. The news outlets are constantly bombarding us with stories about local, national and international economic issues,  whether it be price increases, unemployment, or economic recessions. Also, we are constantly faced with our own economic problems and decisions. What should I buy at the grocery store? Should I save money for a vacation or spend more on day-to-day living? Should I go buy the pair of shoes I want, or save for the future?  Because we all have to make economic decisions, large and small, throughout our lives, and those decisions will have a huge impact on how we live, it is important to have a method for making economic decisions and have a plan.