Lesson Plan
Budgeting Basics
Learn fundamentals of creating a budget
In this lesson, students will learn the essentials of budgeting, including how to track income and expenses. They will apply these skills by creating a budget for a hypothetical scenario. This lesson is important for helping students develop financial literacy, which is a critical skill for managing personal finances effectively.
Audience
Time
Approach
Materials
Step 1
Introduction to Budgeting
5 mins
Step 2
Discussion: Tracking Income and Expenses
10 mins
Step 3
Activity: Create a Budget
20 mins
Step 4
Review and Discussion
5 mins
Step 5
Closure
5 mins
Worksheet
Discussion
Quiz
Exit Ticket
