Creating a Budget for High School Seniors
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Objective
I can create a monthly budget that tracks my income and expenses.
Part 1 of 3
Warm-up video
Unknown Channel · 5:00
We don't generate video — this one is by Unknown Channel on YouTube. The practice questions and exit ticket below were drafted by AI for this objective, and every question is editable in the teacher guide.
Part 2 of 3
Practice
7 questions
Define what a budget is and explain its importance in managing personal finances.
If a high school senior earns $1,500 per month, how much should they allocate for savings according to the 50/30/20 rule? Show your calculations.
Part 3 of 3
Exit ticket
Quick comprehension check
“If a high school senior earns $2,500 per month, calculate how much they should allocate for savings, needs, and wants according to the 50/30/20 rule. Show your calculations. A high school senior has a monthly income of $1,800. Using the 50/30/20 rule, determine the amounts they should allocate for savings, needs, and wants. Show your calculations. ”
Sample answer included in the free materials
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Teacher guide, student handout, and slides — free, in Google Docs format
Teacher Guide
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Student Handout
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