Free Resource: Budgeting for Students
Strengthen decision-making and money-management habits with a fun, simulation-style budgeting activity.
This budget-based extension activity allows students to plan purchases, track spending and make meaningful financial decisions. Perfect for classrooms that want to bring budgeting skills to life in a manageable format.
What’s Inside:
- Printable scenario-cards and budgeting worksheets.
- Guidance for teacher-led or independent student activity.
- Option to incorporate the Bankability platform for hands-on tracking.
Why it Matters:
- Allows students to practice prioritization and spending vs. saving in a risk-free environment.
- Integrates financial literacy with real-world relevance, increasing student engagement.
- Supports behavior outcomes by tying decision-making to classroom economy (via Bankability).
Objective & Details
Objective: Students will practice making financial decisions by working through various fall-themed scenarios where they must balance fun social activities with staying within a set budget. This activity teaches budgeting skills, prioritizing expenses, and making responsible choices while having fun and staying social.
Duration: ~15 minutes (varies by student need)
Digitability Concepts: Financial Literacy, Communication, Social Skills
Directions: In this activity, students will receive a list of fun fall activities and will decide how to spend their money based on their interests and budget limits. They will calculate the costs of each activity and determine which ones they can afford while staying within their financial means.
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