Title: Lesson 3.4: Budget Trade-Offs (Classroom Resource)
Course: Kentucky Sample Personal Finance Curriculum > Section: Unit 3: Decision Making & Money Management

Description: Students participate in an activity that illustrates that budgeting is really an allocation problem. They must decide how to allocate limited income among many alternatives, which requires trade-offs. For the activity, students are given pennies representing monthly personal income to allocate for their living expenses—to purchase goods and services for housing, food, transportation,
and so on.

- Go to Making Personal Finance Decisions Curriculum Unit.
- Click HERE to access Lesson 5B: Budget Tradeoffs (pdf) and the accompanying PowerPoint slides