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Students learn personal budgeting skills.
 

BUDGETING:
How Do I Budget?

 

An introduction to budgeting money.

 

Objectives:

  • Students will learn what a budget is.

  • Students will learn why they should budget.

  • Students will learn how to set up a budget.


Suggested Grades:

Fourth Grade - Fifth Grade - Sixth Grade

 

 

HOW TO BUDGET MONEY LESSON PLAN

 

Teaching Materials:

Procedure:

Teachers may either print out the lesson and have students read it themselves, or use the lesson for your own budgeting lesson.

 

Students should complete the exercise at the end of the lesson.

Excerpt from Lesson:

What is a budget?

A budget is a money plan.  It is like a blueprint of how much money you earn and how and where you spend it.

Why should I budget?

Whether you have a lot of money or just a little, a budget can help you in many ways:

If you have a budget and stick to it, you will be less likely to blow your money during random daily spending.

A budget can help you reach a financial goal because it controls how much you spend and how much you save.

Budgets can help eliminate many money surprises because you’ve planned ahead and know what to expect each month.

Even though you’re young, you can start budgeting now to get yourself into the habit.

Budgets help you see exactly where your money goes.

 

Continued...

 

 

 

Lesson Printable Materials - Worksheets

Print out the teaching lesson pages and exercise worksheets for use with this lesson:

 

BUDGETING MONEY LESSON

How do I budget Lesson and Worksheet *

Printable lesson worksheet and questions.

 

 

 

 

 

 

 

 

 

 

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