Financial literacy is such an important, and often-overlooked, skill to teach our young people. Here is a terrific lesson which has pupils explore how to come up with a personal budget. They consider income, saving, taxes, and their...

From fixed and variable expenses to gross income and net pay, break down the key terms of budgeting with your young adults and help them develop their own plans for spending and saving.

Students create a workable budget that includes allowances for fixed and variable expenses.

Where does all your money go? Individuals keep a record of the money they spend over the course of 30 days. They then categorize where they are spending their money and write an essay detailing their findings.

Why are US dollars no longer backed by gold and silver? What is our medium of exchange, and what would it be like to live in a barter economy? Learners consider these questions, as well as learn about the major historical events in the...

Students calculate fixed and variable costs. In this costs lesson, students read a case study about an entrepreneur and her business costs. Individuals complete the provided worksheets to find costs and make related business decisions....

Students investigate the fixed and variable costs that entrepreneurs face. They examine how entrepreneurs identify and control their costs in order to make a profit by completing a number of included activities.

Students examine payroll process, determining ones income, deductions taken out of paychecks (taxes, insurance, charitable contributions, retirement), fixed and variable expenses to expect and money management.

Students discuss budgets. In this mathematics lesson plan, students watch an episode of Biz Kid$ about budgeting, participate in a guided group discussion, and create a pamphlet to teach others how to budget their money. Extension...

Learning to create and maintain a budget is an important life skill. Guide individuals in the discovery of their spending habits and how to track them. They then use what they learned to create a budget and make decisions on where they...

Discover the attributes of entrepreneurs and define what entrepreneurship is while examining data based on local businesses. Learners determine whether their community is supportive of entrepreneurs as they research economic development...

Ninth graders examine money management. They study percentages, inequalities, fixed and variable expense calculations in order to develop an understanding of how these concepts apply to budgeting a lifestyle for a specific career.

Learners gain a realistic understanding of what is required for independent living. They begin by setting up a budget based on needs and lifestyle, and then use worksheets and a presentation to practice such skills as reading a...

Students explore the aspects of making a budget. For this money management lesson, students learn the importance of budgeting and what all goes into creating a budget by eventually creating a budget of their own including how much they...

What do Whoosh and Jet Stream have in common? They are both characters in a fantastic game designed to help young scholars identify various positive and negative spending behaviors. Through an engaging activity, worksheets, and...

In this business worksheet, students compute various word problems given the fixed and variable costs involved. Then they identify from a list which are variable and which are fixed costs. Students also describe the difference among a...

Students develop a budget for a college student using all of the influences that the student would have.  In this budgeting lesson plan, students use real life examples to create a budget spreadsheet.  Students read and study...

Young scholars plan and maintain balanced budgets.

Young scholars use recycling as an example to study the economics of business, and to find fixed and variable costs.

In this analysis worksheet, students solve accounting problems when provided with variables to be used in computations. Using data provided, students must answer questions showing they understand key terms such as fixed and variable costs.

  Students implement their knowledge about accounting practices into a simulation activity.  In this secondary consumer/business math lesson, students participate in a simulation centered on the life of the people during the...

Prepare young adults for life with various budgeting activities. Exercises include identifying fixed, variable, and discretionary income, and creating a budget based on a realistic projected income. The required website allows teachers...

Eighth graders work in pairs to discover how to prioritize expenses in a budget.

Students investigate data on how one's level of education effects earning potential. They define the associated vocabulary.