Learning to create and maintain a budget is an important life skill. Guide individuals in the discovery of their spending habits and how to track them. They then use what they learned to create a budget and make decisions on where they want to spend their money.

Concepts

financial literacy, consumer finance, financial goals

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Additional Tags

math

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Instructional Ideas

• Use to create an awareness of spending and the importance of a budget
• Encourage high schoolers to share their discoveries with their families and/or involve parents in the process
• Can be used in a consumer math class or incorporated as a high school algebra project

Classroom Considerations

• If using with younger learners, sample data may need to be created as they may not have personal spending experience

Pros

• Detailed worksheets are provided to make the data collection and organization efficient
• Rubric is included
• An essay requirement is included to encourage reflection on personal spending and budget discoveries

Cons

• None

Common Core

MP1 MP2 MP5 MP6