Intro to Budgeting - Financial Literacy Lesson and Practice Stations Activities
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These six personal finance budgeting resources will teach your students everything they need to know about budgeting and money management as they become young adults. Topics include wants vs. needs, 50/30/20 budgeting, comparing budgeting methods, using a spending log, writing checks, and more!YourPrice $20.00Original Price $26.50Save $6.50
Topics include income taxes, understanding pay stubs and paychecks, money management, finding apartments, health insurance, banking, budgeting, and more! This bundle of complete, stand-alone personal finance lessons and activities can be used throughout the year to ensure students leave high schoolPrice $45.00Original Price $63.00Save $18.00
Description
This personal finance budgeting lesson includes Google Slides, a guided notes worksheet, and 10 station activities with a recording worksheet. Students will be introduced to the basic concepts of budgeting and will learn to use a 50/30/20 budget strategy. Answer Keys included!
While there are many methods for developing a budget, this lesson introduces students to the basic concepts of budgeting using a 50/30/20 strategy. This budgeting strategy recommends that 50% of income should be spent on needs, 30% on wants, and 20% on savings.
The Google Slides and Guided Notes included in this lesson will teach students about the importance of a budget and how to implement a 50/30/20 budget. Students will also be presented with budgeting scenarios where they will analyze whether budgets are following the 50/30/20 guidelines and suggest ways to adjust various budgets.
Students will then practice their knowledge by completing ten stations with additional practice scenarios. A recording sheet is provided for students to record and show their work. Stations can be completed individually or in groups.
**You will need a Google Account to access this lesson and the Google Slides. The slides included with this lesson are NOT editable.**
Other Resources that may interest you:
Grocery Shopping on a Budget Personal Finance Activity - Digital + Paper Bundle
Creating a Budget Project - Real World Financial Literacy Project
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