Financial Literacy

Grade 1045 min

Learning Objective

I can create a personal budget that tracks my income and expenses.

Lesson Flow

Watch Video

5 min

Financial Literacy for Kids | Learn the basics of finance and budgeting

Unknown Channel

Practice

14 min

7 questions • Short answer

Exit Ticket

5 min

You receive a monthly allowance of $100. If you spend $30 on snacks, $20 on entertainment, and save $10 for a future purchase, how much money do you have left at the end of the month? Show all work. You earn $250 from a part-time job each month. If your monthly expenses include $100 for transportation, $50 for groceries, and $40 for a phone bill, how much can you save each month? Show all work.

Teacher Guide

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  • Answer keys for all questions
  • Differentiation strategies
  • Extension activities
  • Printable student handouts