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Budget Worksheet

Introduce financial literacy with budget worksheets that guide students in tracking income and expenses. These activities promote understanding of money management and the importance of planning. Incorporate them to develop responsible financial habits in your students.

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Money Management Life Skills: How to Create a Monthly Budget

Money Management Life Skills: How to Create a Monthly Budget
Special Resources, Creative Arts, Art, Life Studies, Social Emotional Learning (SEL), Special Education Needs (SEN), Life Skills, Finance, Grade 10, 11, 12, Activities, Worksheets & Printables, Worksheets

High school students can acquire essential money management skills through this step-by-step special education life skills activity, which teaches them to create a monthly budget. This involves identifying income sources, setting savings goals, and categorizing monthly expenses such as housing, utilities, food, transportation, and entertainment. When using this Money Management Life Skills resource, students can engage in the following: • Learning to forecast monthly expenses, including categories like food, housing, and utilities, using a budget. • Understanding the distinction between actual and projected expenses in a monthly budget. • Managing variable expenses like dining out within the budget. • Defining various sources of income, such as wages, allowances, and occasional gifts. • Recognizing the significance of establishing and managing personal and emergency savings goals. There are a total of 87 reading comprehension questions in this Money Management Life Skills resource! This activity will assist high school students in developing the necessary life skills to become more independent at school, at home, and in their communities. A great place to use this handout is in special education classes or in one-to-one settings, such as ABA therapy, speech therapy, occupational therapy, and Registered Behavior Technician (RBT) sessions. High school students who are working on independent living would benefit significantly from this activity for defining, setting, and measuring IEP goals. In addition to interactive instruction, this resource is ideal for hands-on and community-based learning. Engage your special education class with this highly interactive High School Money Management Life Skills Activity! This activity contains step-by-step instructions, questions, and answers that reinforce learning, age-appropriate graphics, real-world examples, and ideas for implementation. This is the perfect special education activity for grade 10, grade 11, grade 12, and autism life skill centers. This special education life skills handout was designed to assist teens and adults with difficulties developing independent living skills. It's a printable, easy-to-use activity ready to hand out! Related Products for Managing Personal Finances How to Create a Shopping List The Value of a Bank Account How Credit Cards Work How to Read a Basic Pay Stub A PDF with 48 unique pages. Color and black-and-white versions of each page are available for this pdf resource.

Author Adulting Life Skills Resources

Tags Independent Living Skills, IEP Goal-Oriented Skills, Life Skills For Autistic Teens And Adults, Life Skills Money Math , Adulting On The Spectrum, Social And Emotional Learning, Life Skills For Teens, Life Skills For Adults, Autism And Money Skills, Activities Of Daily Living Autism, Money Management Activity Occupational Therapy, Life Skills Budgeting, Money Management Occupational Therapy

Finance Life Skills: Why Nelson Needs a Budget

Finance Life Skills: Why Nelson Needs a Budget
Special Resources, Life Studies, Special Education Needs (SEN), Speech Therapy, Life Skills, Grade 10, 11, 12, Activities, Worksheets & Printables, Worksheets

In Why Nelson Needs a Budget, Nora and Nelson define and list Nelson's expenses, including food, rent, transportation, utilities, books, and movies. The use of this Finance Life Skills resource will allow students to engage in the following: • This life skills story teaches the basic concept of budgeting in a fun and engaging manner. • The story features relatable scenarios and dialogue among teens, and the conversations are simple and engaging. • Budget concepts such as expenses are explained in a clear and concise manner. • Tips for creating and sticking to a budget include tracking expenses, setting goals, and adjusting as needed. • The interactive dialog and questions engage learners and reinforce their understanding of the story and the concepts. • The real-world examples, and age-appropriate visual aids, such as illustrations and diagrams, make this conversational story an excellent resource for teaching social narratives. • This social narrative's simple and direct language sets clear expectations, making it ideal for high school students and adults with intellectual disabilities. The story includes seven (7) reading comprehension questions and answers to reinforce and measure the student's understanding of the Finance Life Skills contained in the story! This life skills story will assist high school students and young adults in developing the necessary independent living skills to become more independent at school, at home, and in their communities. This story is designed to be used by special education teachers, occupational therapists, speech therapists, ABA therapists, registered behavior technicians (RBT), parents, supported living coaches, and life skills teachers to teach their students valuable life skills. In addition to interactive instruction, this resource is ideal for hands-on and community-based learning, defining, setting, and measuring IEP goals. Related Products for Developing Money Management Skills The Value of a Bank Account How to Create a Monthly Budget How to Create a Shopping List How Credit Cards Work Level 1 Grocery Shopping Money Math Level 1 Clothes Shopping Money Math Level 1 Reading Menus Money Math Engage your special education class with this highly interactive High School Finance Life Skills Story! It's printable, easy to use, and ready to hand out! A PDF file with seven (7) pages.

Author Adulting Life Skills Resources

Tags Adulting On The Spectrum, IEP Goal-Oriented Skills, Independent Living Skills, Personal Finance, Life Skills Money, Autism Reading Comprehension, Autism Visual Aid Life Skills, Autism Life Skills Stories, Autism Social Narratives, Life Skills For Visual Learners

Finance Life Skills: Brian Learns How to Stick to His Budget

Finance Life Skills: Brian Learns How to Stick to His Budget
Special Resources, Life Studies, Special Education Needs (SEN), Speech Therapy, Life Skills, Finance, Grade 9, 10, 11, 12, Activities, Worksheets & Printables, Worksheets

In "Brian's Budget Journey," Brianna helps Brian manage his money wisely. This Finance Life Skills resource teaches students: 1. Learn to tell the difference between things you need and things you want so you can make smart spending choices. 2. Understand the importance of checking your budget before making purchases. This ensures you have enough money for the things you need and won't mess up your overall budget. 3. Get better at comparing prices to see if something is a good deal or if you can find a cheaper option. 4. Talk and ask questions that help you understand the story and the important ideas. 5. Use pictures and real-life examples that match your age, like drawings and diagrams. They make it easier to learn about social stuff. 6. Use simple language that's easy to understand. This is great for high school students and adults with intellectual disabilities. The story includes seven (7) reading comprehension questions and answers to reinforce and measure the student's understanding of the Finance Life Skills contained in the story! This life skills story will assist high school students and young adults in developing the necessary independent living skills to become more independent at school, at home, and in their communities. This story is designed to be used by special education teachers, occupational therapists, speech therapists, ABA therapists, registered behavior technicians (RBT), parents, supported living coaches, and life skills teachers to teach their students valuable life skills. In addition to interactive instruction, this resource is ideal for hands-on and community-based learning, defining, setting, and measuring IEP goals. Related Products for Developing Independent Living Skills The Value of a Bank Account How to Create a Monthly Budget How to Create a Shopping List How Credit Cards Work Level 1 Grocery Shopping Money Math Level 1 Clothes Shopping Money Math Level 1 Reading Menus Money Math Engage your special education class with this highly interactive High School Finance Life Skills Story! It's printable, easy to use, and ready to hand out! A PDF file with six(6) pages.

Author Adulting Life Skills Resources

Tags Adulting On The Spectrum, Summer Life Skills Autism Reading Comprehension, Personal Finance Life Skills, Life Skills For Speech Therapists, Life Skills For Occupational Therapists, Life Skills Resource For ABA Therapists, Life Skills For Special Education Teachers, Social And Emotional Learning, Autism Life Skills For Visual Learners, Reading Comprehension Life Skills Passages

Back-to-School Budget Activity: Elementary Financial Literacy

Back-to-School Budget Activity: Elementary Financial Literacy
Special Resources, Life Studies, Holiday & Seasonal, Life Skills, Home Economics, Holidays, Back To School, Math, Money, Addition and Subtraction, Addition, Decimals, Subtraction, Grade 3, 4, 5, 6, Worksheets & Printables, Word Problems, Worksheets

Back-to-School Budget Activity: Elementary Financial Literacy This ready-to-go lesson is designed to foster financial literacy among elementary students in grades 3-6. As a realistic and practical introduction to budgeting, this activity aids students in understanding how money management works from an early age. Blending math and life skills, teachers can use this lesson during the first week back at school to ease their students back into math work after summer vacation. The activity requires knowledge of basic math operations such as addition and subtraction up to the hundreds and hundredths . Students will create a back-to-school budget plan including: deciding their money source (birthday presents, a part-time job, or something else) choosing what items are necessary (backpack, pencil crayons, new clothes, lunch bag, etc.) and estimating the cost of each item exploring flyers or shopping online independently for the actual prices of their needed items: here's where they can try to find the best deal! they can not spend more than the amount they have budgeted, which may lead to making some trade-offs or compromises A space has been assigned for students' reflection after they've completed their budgets. This prompts deeper comprehension while simultaneously making room for group discussions related to 'budgeting' as a personal finance principle. Fits Various Teaching Methods: Whole-class engagement? Definitely! Solving problems collectively in small groups? Absolutely! Giving it as homework assignment? That's feasible too! What's Included: 4 Page PDF: Title Page, Money Source, Budget Spreadsheet, Reflection Grades to Use With: This lesson is perfect for students in grades 3-6 who are learning about decimal operations and money. It could also work well in a middle school or high school special education classroom. If you enjoy this budgeting activity, check out others in my store: Christmas Holiday Budget Activity My Party Budget: Decimals and Percentages Household Budget Project Grades 7-12 My Budget Project Grades 3-6

Author Grace Under Pressure

Tags Budgeting, Financial Literacy, Math Skills, Life Skills, Budget, Money, Back To School, Decimals, Real World Math, First Week

Grocery Shopping Price Comparisons: Financial Literacy & Money Math

Grocery Shopping Price Comparisons: Financial Literacy & Money Math
Special Resources, Life Studies, Life Skills, Math, Percentages, Decimals, Money, Multiplication and Division, Multiplication, Home Economics, Grade 5, 6, 7, Worksheets & Printables, Word Problems, Activities, Worksheets

This real-life math lesson for students in grades 5-7 will help show your class how many of the skills they have been learning will come in handy in their everyday lives at the grocery store when they are trying to find the best deal and stick to a food budget. With inflation rising and grocery prices sky-rocketing, help your students spot a good deal among all the confusing offers! This lesson has four grocery store scenarios for your students to evaluate and find the best deal. They need to use the following skills: Unit Price: What is the cost of one if it's 2 for $7 or 4 for $13? % Discount: This item is normally $4, but with a store card, it's 20% off today. Rounding: Most grocery items are .99- make sure to round up to a whole number for easier calculations. Critical Thinking: Is it better to buy two to get the deal if you only need one? Financial Literacy: Learning how to read all of these kinds of offers is an important part of sticking to a budget. Life Skills: Grocery shopping is a crucial life skill! Grades to Use With: This lesson is designed for students in grades 5-7 who are learning about decimal place value, ratios and rates, and basic operations using decimals. It could also be used in middle or high school special education classrooms or family and consumer sciences classes. What's Included: 4 Page PDF Title Page 2 Page Student Worksheet Answer Key If you enjoy this product, check out other applied math activities in my store: Grace Under Pressure Wave Pool Problem: Pre-Algebra Skills: Expressions, Tables, and Graphs: Real-Life Application Butter Tart Recipe Activity: Multiplication and Addition of Mixed Numbers and Improper Fractions Gingerbread Math: Decimals, Fractions, and Percentages Using Tenths Equivalent Fractions Practice in a set of 5 Stations or Centers

Author Grace Under Pressure

Tags Money Math, Consumer, Financial Literacy, Budget, Inflation, Decimals, Percent, Real Life Math, Grocery, Prices

Financial Literacy: Interest Rates - Lending and Borrowing Money

Financial Literacy: Interest Rates - Lending and Borrowing Money
Special Resources, Life Studies, Life Skills, Finance, Home Economics, Math, Money, Decimals, Grade 7, 8, 9, 10, 11, 12, Worksheets & Printables, Word Problems, Worksheets

Financial Literacy: Interest Rates - Lending and Borrowing Money This ready to go lesson allows challenging financial concepts to become accessible for high school students. The aim is to cut through the complex jargon connected with interest rates and provide a straightforward framework perfect for understanding current economic events. You can help your students understand why adults keep talking about interest rates these days! This lesson includes: A two-page handout, filled with notes and blanks, designed to help teach students about the fundamentals of interest rates Easy explanation of what interest is, plus its role when investing and borrowing Simplified explanation of how Canada and the US set their interest rates A basic discussion on why these rates can shift over time Information about how the bank "always wins" and how interest rates can vary widely depending on the lender A practical sample question showing how to calculate an interest payment on any bill Real-world situations – 4 practice questions about house mortgages, Guaranteed Investment Certificates (GICs), credit card debts, payday loans: these will help your students practice using the skills they have just learned. A complete answer key Grades to Use With: This lesson requires an understanding of percentages written as decimals and an ability to calculate with them. It could be used in math classes in grades 7-9 to reinforce learning about percentages in a real-life situation. It could also be used in career and personal planning classes in grades 10-12 or in high school special education classrooms. What's Included: A total of 5 pages in PDF format: Title Page Two Page Handout and Worksheet Two Page Answer Key If you enjoy this real-wold financial literacy lesson, check out others in my store! Taxes, Tips, Sales: Using Percentages in Real Life Inflation: What is it and why does it matter? Renting vs Buying a Home: Real-Life Math Project Income Tax: Notes and Practice Calculations Household Budget Project

Author Grace Under Pressure

Tags Interest Rates, Financial Literacy, Borrowing Money, Lending Money, Calculating Interest, Percent, Interest, Budget, Finance, Money

Buying a Home: Financial Literacy Lesson- Mortgages and More for Grades 4-6 or Special Education

Buying a Home: Financial Literacy Lesson- Mortgages and More for Grades 4-6 or Special Education
Special Resources, Life Studies, Life Skills, Math, Percentages, Addition and Subtraction, Addition, Subtraction, Multiplication and Division, Division, Money, Multiplication, Home Economics, Grade 4, 5, 6, Worksheets & Printables, Word Problems, Worksheets

Buying a Home: Financial Literacy Lesson- Mortgages and More for Grades 4-6 or Special Education Engage your elementary students in an exciting journey of learning about being homeowners with this interactive financial literacy lesson. This versatile resource is developed for students from grades 4 to 6 or high school special education pupils acquiring life skills. Students learn real-world home buying terminology such as down payment, mortgage, interest, principal, property taxes, and insurance. Learning complicated financial jargon makes navigating adult responsibilities less daunting in future years. What's Included: A comprehensive six-page PDF document includes: Title Page and Teacher Instructions A handout explaining home buying vocabulary and sample calculations for beginners. A series of practice problems for students to apply their learning and use intermediate math skills (addition & subtraction of numbers up to the hundred thousands, multiplying and dividing by 12 to work with monthly and yearly expenses, and calculating 1% of a number using decimals or division). An accompanying cut-and-paste vocabulary matching activity to reinforce learning. A complete answer key to make marking a breeze. How to Use: Go over the first page handout as a class or with small groups of students. Then, let students work together in pairs or small groups to complete the math questions during class time so questions can be addressed. Finally, I would assign the vocabulary matching as a quick homework task to reinforce the day's learning. Grades to Use With: This lesson is designed to be accessible to upper elementary students with the basic math skills of addition, subtraction, multiplication, and division with large numbers and an initial understanding of percentages. It could also be easily used in high school special education classes that are focusing on learning key life skills. If you enjoy this financial literacy math task, check out others in my store: Back to School Budget Activity Halloween Budget Activity My Party Budget: Decimals and Percentages Practice Financial Literacy: My Budget Project for Grades 3-6

Author Grace Under Pressure

Tags Financial Literacy, Home Buying, Mortgages, Vocabulary, Math, Down Payment, Life Skills, Interest, Budget, Money

How to Pay: Financial Literacy and Life Skills: Cash, Credit and More!

How to Pay: Financial Literacy and Life Skills: Cash, Credit and More!
Life Studies, Special Resources, Finance, Home Economics, Math, Percentages, Money, Life Skills, Grade 6, 7, 8, 9, Worksheets & Printables, Worksheets

Do you want to equip your middle school students with important life skills and financial literacy ? Here's a fun and engaging activity for you. This 8 page-booklet is ready to print and staple. Students learn about different ways to to pay for things, and they complete math and comprehension activities on each page. This financial literacy lesson is designed to teach students in the middle grades or high school life skills classes about payment methods. It covers: Cash: different currencies, coins vs bills, and countries that have eliminated pennies Debit cards: different accounts, using at a checkout or ATM, PIN codes Credit cards: limits, interest rates, minimum payments, Cheques: how to fill out, post-dating, bouncing Money orders: paying up front, added fees, differences from cheques New technologies such as Venmo, Apple or Google Pay, E-transfers, PayPal, and Cryptocurrency Math skills required: - Addition and subtraction of money - Finding a percentage of an amount of money using a percentage written as a decimal Each page has information about one type of payment: its rules and regulations and what it is commonly used for. Each page also has a math or comprehension activity for students to complete. Finally, there is a quick review on the back cover. How to Use: Go through each page with your class. Allow your students to complete the activity on each page. Have students do the review on the back cover. Grades to Use With: This lesson is designed for students in middle school (grades 6-9) or high school special education or life skills classes. Some intermediate math skills (adding and subtracting money and finding 20% of an amount of money) are required for a couple of the questions. What's Included: 6 Page PDF: Teacher Instructions 4 Pages which become an 8 page booklet Complete Answer Key This lesson goes well with my Credit vs Debit Card Handout CLICK HERE !

Author Grace Under Pressure

Tags Financial Literacy, Budget, Life Skills, Money, Cash, Credit Card, Debit Card, Cheque, Money Order, Payments

New Year's Financial Resolutions

New Year's Financial Resolutions
Special Resources, Life Studies, Holiday & Seasonal, Life Skills, Finance, Home Economics, Holidays, New Year's Day, Math, Money, Grade 7, 8, 9, 10, 11, Worksheets & Printables, Worksheets

Here's a New Year's Resolution Activity with a twist: students are tasked with making financial resolutions for the upcoming year! Maybe they want to get their first part-time job to start to have their own money. Or maybe they want to spend less on eating out to save up for something big, like a gaming console. The opportunities are endless! This product includes a one-page handout to get students thinking about why financial resolutions are important and how to make them. Why make resolutions about money? To think about the year as a whole To reach goals you have To keep yourself accountable What kind of resolutions could you make? Increase income (ex: get a job or more hours) Save a certain amount each month for a big purchase Start investing Save some money for donations Reduce expenses (ex: spend less on eating out) Then each student gets their own resolution sheet where they explain their resolution, think of some baby steps towards it, and sign & date it to make it official. Grades to Use With: This product is suitable for many grades in the middle years (grades 7-11) or special education or life skills classes too! It makes an easy activity for that first week back after winter break, and it is a simple way to ease your students back into the routine of math class. If you enjoy this financial literacy product, check out other options from my store: Financial Literacy: Household Budget Project: Taxes, Insurance, Loans, Rent, Groceries and More! Financial Literacy: My Party Budget: Decimals and Percentages Application Financial Literacy: Vacation Math Project: Budgeting, Percentages, Time Zones and More! Math Project: Create Your Dream Store: Decimal Calculations and Budgeting Get your students excited about financial math at a young age!

Author Grace Under Pressure

Tags Financial Literacy, New Years, Resolutions, Goals, Budget, Finance, Money, Money Math, January, Middle School

Types of Investment Accounts in Canada: RRSP, TFSA, FHSA, RESP, Cash

Types of Investment Accounts in Canada: RRSP, TFSA, FHSA, RESP, Cash
Life Studies, Special Resources, Finance, Home Economics, Business, Life Skills, Grade 8, 9, 10, 11, 12, Worksheets & Printables, Word Problems, Worksheets

Types of Investment Accounts in Canada: RRSP, TFSA, FHSA, RESP, Cash This high school life skills and financial literacy lesson covers all of the basic information about Canadian investment accounts. Teach your class about the tax benefits that occur when investing, growing, and selling in each of 5 different kinds of investment accounts. Introduce important ideas such as income tax, education grants, and capital gains tax. ***This product has been updated in 2023 to include the newest kind of registered account in Canada: The First Home Savings Account*** How to Use: A comprehensive graphic organizer is included that contains clear and simple information about the tax benefits in each of the following accounts when buying, growing, and selling investments: Tax-Free Savings Account (TFSA) Registered Retirement Savings Plan (RRSP) First Home Savings Account (FHSA) Registered Education Savings Plan (RESP) Non-Registered Account/Cash Account You can choose to give your students the completed handout, or give them a handout where they have to research or listen to a lesson and take notes to complete some of the information. Next, give students the vocabulary matching worksheet to reinforce the new terminology they have learned. Finally, give them the comprehension questions to complete individually or in pairs. Grades to Use With: This lesson is designed for high school students in grades 8-12 in Canada. It could also be used in adult education classes or even in basic personal finance classes in college. What's Included: This ready-to-go package includes the following: - 2 Graphic Organizers (blank & completed) - Vocabulary Matching - Comprehension Questions - Answer Key If you enjoy this personal finance lesson, check out many others in my store: Financial Literacy: Household Budget Project: Taxes, Insurance, Loans, Rent, Groceries and More! Interest Rates Credit Score Board Game Debit vs Credit Cards Debt and Bankruptcy: Personal Financial Literacy Lesson

Author Grace Under Pressure

Tags Investing, Canadian Investment Accounts, Financial Literacy, Saving, Budget, Tax Refund, TFSA, RRSP, Income Tax, Finance

Consumer Price Index (CPI): A Measure of Inflation: Financial Literacy and Math Lesson

Consumer Price Index (CPI): A Measure of Inflation: Financial Literacy and Math Lesson
Special Resources, Life Studies, Life Skills, Math, Percentages, Decimals, Money, Finance, Home Economics, Business, Grade 7, 8, 9, 10, 11, 12, Worksheets & Printables, Worksheets

This financial literacy lesson uses information from Canada’s Consumer Price Index . Students: - watch a video and take notes to learn what the Consumer Price Index is, how it is calculated, and what it is used for - learn how to do a simplified inflation calculation (no compounding): This involves order of operations, fractions, division, and percentages written in decimal form - calculate inflation on a practice weighted ”basket” of goods - calculate the true inflation on eight everyday items since 2019: using the internet to check the current year's prices This lesson could easily work in American classrooms too, as the concepts are the same. Just ask your students to research prices in Canada (online) when doing the comparison to maintain consistency. Math Skills Required: Students need to understand percentages written as decimals. The calculations involved require subtraction and division and can be done with a calculator. Answer Key Included Grades to Use With: This lesson is designed to be accessible to students in any high school math, life skills, business, or economics class. It also could be used in grade 7 to address proportional relationships, ratios, and percentages. Standards: CCSS7.RP.A.3 Use proportional relationships to solve multistep ratio and percent problems. Examples: simple interest, tax, markups and markdowns, gratuities and commissions, fees, percent increase and decrease, percent error. CCSSMP4 Model with mathematics. Mathematically proficient students can apply the mathematics they know to solve problems arising in everyday life, society, and the workplace. In early grades, this might be as simple as writing an addition equation to describe a situation. In middle grades, a student might apply proportional reasoning to plan a school event or analyze a problem in the community. By high school, a student might use geometry to solve a design problem or use a function to describe how one quantity of interest depends on another. Mathematically proficient students who can apply what they know are comfortable making assumptions and approximations to simplify a complicated situation, realizing that these may need revision later.

Author Grace Under Pressure

Tags CPI, Consumer Price Index, Inflation, Finance, Financial Literacy, Math, Money, High School, Prices, Budget

Financial Literacy: Net Worth = Assets - Liabilities

Financial Literacy: Net Worth = Assets - Liabilities
Special Resources, Life Studies, Life Skills, Math, Addition and Subtraction, Addition, Subtraction, Money, Finance, Home Economics, Grade 7, 8, 9, 10, 11, 12, Worksheets & Printables, Word Problems, Worksheets

This assignment teaches students about assets, liabilities, and net worth (equity). It is a great way to get your high school students interested in personal financial literacy and building wealth. 3 case studies are included with calculations to complete and questions to respond to. Each person has some assets and some liabilities. Students must add each of these categories up and find the difference to see how much net worth each person has. Then they need to think about what changes each person could make to their financial habits. Perhaps one person has too much debt or someone else isn't investing much even with a high income. Students can start to see how high income does not always lead to high net worth if the person spends more than they make and has debt. On the other hand, someone with a lower income can have a high net worth if they live a frugal lifestyle and save money in investments or property equity. Just because someone "looks" rich, doesn't mean that they are! Grades to Use WIth : The actual math in this assignment is quite simple: adding and subtracting numbers to the hundred thousands . Students could do the work by hand or with a calculator. Because of this, this assignment is accessible to students in grades 7-12 in regular math classes, adult education students, and high school special education students. How to Use : Introduce the vocabulary: Assets, Liabilities, and Equity on the first page and fill in the blanks together. You could do one of the case studies together as a class and assign the other two for students to complete on their own. Answer key included. If you enjoy this product, check out some of the other personal finance lessons in my store: Grace Under Pressure .

Author Grace Under Pressure

Tags Financial Literacy, Net Worth, Wealth, Assets, Budget, Money, Saving, Finance, Debt, Money Math, Calculating Your Net Worth Answer Key, Net Wealth Is Best Defined As, Liabilities And Net Worth, Assets - Liabilities = Net Worth, Net Worth Liabilities, Financial Math Worksheets High School, Personal Financial Literacy Worksheets, Net Worth = Assets - Liabilities, Calculating Net Worth Worksheet, Simple Net Worth

Debit vs Credit Cards: Financial Literacy Handout

Debit vs Credit Cards: Financial Literacy Handout
Special Resources, Life Studies, Life Skills, Math, Money, Finance, Home Economics, Grade 5, 6, 7, 8, 9, 10, 11, 12, Worksheets & Printables, Worksheets

Debit Cards and Credit Cards may look similar, but they are extremely different! When teaching financial literacy to your students, don't take the basics for granted! Do your kids understand the crucial difference between a credit card and a debit card? Maybe not yet! Here is a ready-to-go handout that highlights the differences between credit cards and debit cards. Important vocabulary is included: chequing account, savings account, overdraft, limit, minimum, and interest). How to Use : Two versions of this sheet are included: one with the pros and cons filled in and one with them left blank for students to do. I would project the completed version on an interactive whiteboard and give students the partially blank copy to complete. You could also let your students think of the pros and cons themselves. They might come up with a lot of great ideas! You could also look at different credit card websites to see common interest rates, annual fees, loyalty points, and rules and restrictions. Do a sample problem where someone buys an expensive item on a credit card and takes a long time to pay it off. See how much it will actually cost with all of the interest payments included. Grades : Because it uses very simple language, this lesson could work for students from grades 5-12 in regular classes or high school students in life skills or special education classes. It should be easily accessible for a wide-range of learners. If you like this financial literacy product, check out some others from my store! New Year's Financial Resolutions Lifestyle Creep: Personal Financial Literacy Lesson About Spending Carefully Bank Statement and Credit Card Bill Practice Activity Compound Interest: Hook Students on Financial Math

Author Grace Under Pressure

Tags Financial Literacy, Debit Card, Credit Card, Personal Finance, Budget, Money, Life Skills, Loan, Overdraft, Bank, Credit Card Worksheets For Highschool Students, Reading A Credit Card Statement Worksheet