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ECONOMICS: Personal Finance, Money Management & Creating a Budget

ECONOMICS: Personal Finance, Money Management & Creating a Budget preview
ECONOMICS: Personal Finance, Money Management & Creating a Budget preview
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ECONOMICS: Personal Finance, Money Management & Creating a Budget preview 3
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ECONOMICS: Personal Finance, Money Management & Creating a Budget preview 5
ECONOMICS: Personal Finance, Money Management & Creating a Budget preview 6

Look Inside · 5 pages

Cover titled Personal Finance, Money Management, Creating a Budget, illustrated with green dollar bills and gold coins
Title page for an economics budgeting lesson
Teacher's guide: students hold 10 paper bills, toss one per 'no' answer, then rate leftover cash from broke to wealthy
Setup steps for the paper-money habits simulation
Money management questions: 10 yes/no statements on saving, emergency funds, credit cards, wants vs needs and impulse buys
Read-aloud prompts for the class money simulation
Personal budget: students record monthly income, list expense categories, and find dollars spent and percent of income
Follow-up handout after the simulation discussion
Expense pie chart: students graph spending percentages with a key, then write a paragraph evaluating their budget
Data display and written reflection to close the unit
Attributes
Grades

Grade 9, 10, 11, 12

File

PDF

Editable
No
Author
Mister Harms
Rating
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About This Product

Overview:

In this personal finance activity, students will examine their current personal money management habits and create a personal budget. After asking some life questions about their finances, students will assess their personal income, create a budget, and reflect on how they can improve their financial well-being. This super-practical activity for students can truly impact the rest of their lives. Enjoy this lesson and thank you so much for your comments and ratings!

What's Included:

- Teacher directions with an anticipatory set activity

- 10 questions regarding personal finances for teacher to ask the class

- Two page student handout guiding students through their personal incomes and expenses

- A chart for students to graph out where their money is going

- Reflection questions for students

What's Included

1 PDF file.

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