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Learning about budgets

Updated

Students learn about budgeting rules and then apply their understanding in an interactive budgeting activity.

Big idea

Following a budget helps make sure you have money for the things you need and want and still be able to save money regularly.  

Essential questions

  • Why are budgets important?
  • How can a budget help me save money?

Objectives

  • Learn different budget categories
  • Understand and use the 50-30-20 budget rule

What students will do

  • Learn the 50-30-20 budgeting rule.
  • Visit learning stations to practice applying budgeting rules. 
  • Answer reflection questions.

Download activity

Teacher guide

cfpb_building_block_activities_learning-about-budgets_guide.pdf

Student materials

cfpb_building_block_activities_learning-about-budgets_worksheet.pdf

Note: Please remember to consider your students’ accommodations and special needs to ensure that all students are able to participate in a meaningful way.