This Becoming a Wise Consumer: Creating a Budget lesson plan also includes:
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Can your teenagers afford their lifestyle choices? After they've learned about unit pricing (this lesson is linked), a personal budgeting activity has learners track their spending for an entire week. Groups begin by defining needs and wants and then comparing them using a Venn diagram (included). They take an online quiz to assess their spending habits. This is a neat tool, as it tells learners how much they would need to make (and what education level they need to achieve) to live the life they desire. There is an optional polling program you could use to analyze the results. Learners synthesize the lesson by creating a personal budget; the suggested software is only one of many online options. There is also a budgeting checklist, graphic organizer, and excel spreadsheet attached.