Planning and Money Management: Spending and Saving

This Planning and Money Management: Spending and Saving lesson plan also includes:

Financial literacy is such an important, and often-overlooked, skill to teach our young people. Here is a terrific lesson which has pupils explore how to come up with a personal budget. They consider income, saving, taxes, and their fixed and variable expenses. They come up with a long-term financial goal and develop a budget to manage their spending.

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Instructional Ideas
  • Good lesson to use before the holidays
Classroom Considerations
  • There isn't any math calculations
  • Review and gather materials prior to teaching
Pros
  • A good, solid lesson on financial literacy
  • Includes reproducibles and answer keys
Cons
  • None