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Making a Budget—It Is All Spending!

Students discover that all elements of a budget are essentially spending on goods and services. They are shown a process for establishing a budget.

•  Lesson (pdf)

•  PowerPoint slides (pptx)

The Making Personal Finance Decisions curriculum teaches valuable personal finance lessons grounded in economic theory. The curriculum is divided into 10 themed units, with each unit containing two lessons. The twenty individual lessons employ a variety of teaching strategies designed to engage students in the learning process and equip them with the knowledge and skills necessary to make informed personal finance decisions. Making a Budget—It Is All Spending! is lesson 5A of Unit Five: Budgeting.

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Audience:   High School
Language:   English
Subjects:   Economics, Mathematics, Personal Finance
Resource Types:   Lessons, PowerPoint
Concepts:   Budget/Money Management, Decision-Making, Income, Interest, Opportunity Cost, Saving, Sources of Income, Spending, Taxes