Being Financially Responsible
Your students will examine how to use a budget as a spending plan to map out their financial success. During class activities, they will find out
- How to develop a family budget (Math)
- How behavioral economics influence decisions (English Language Arts)
- How personal and government budgeting differ (Social Studies)
- How to manage a budget based on age and goals (Family and Consumer Sciences and Business)
For Educators
Budgeting and Financial Goals
3 minutes, 47 seconds
Watch this video for a refresher on budgeting basics and tips on showing your students how budgets work as spending plans.
Companion Video for Students
Budgeting: What It Is and How Does It Work?
Use this video to introduce students to the concept of budgets, how people use them, and why they are important.
Classroom Activities
Recommendations versus Reality: Budgeting in the Real World
Show your students how to use math principles and skills to create a family budget.
Behavioral Economics and Financial Decisions
Guide your students in a reflection on their own financial decisions and explore what factors may have influenced their choices.
Personal vs. Government Budgeting
Compare and contrast personal and government budgeting using a life-sized Venn diagram.
Puzzling Budgets
What is a budget, and why should you use one? Students engage in discussion about fixed and variable expenses. A hands-on activity explores budget balancing.