Financial Literacy
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Objective
I can create a personal 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.
List three examples of needs and three examples of wants. How can distinguishing between these two categories help you in budgeting?
Part 3 of 3
Exit ticket
Quick comprehension check
“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.”
Sample answer included in the free materials
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Teacher guide, student handout, and slides — free, in Google Docs format
Teacher Guide
Complete lesson plan with answer keys and alternate activities
Student Handout
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