Budgeting and Saving
Learning Objective
I can create a personal budget and savings plan.
Lesson Flow
Watch Video
Guided Notes
Key concepts students will learn:
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The three-step method involves defining the three F's: fundamental, fun, and future you buckets to manage money effectively.
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The fundamental bucket is for essential needs like housing and transportation, the fun bucket is for optional expenses like entertainment, and the future you bucket is for investments and savings.
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Step three, reflection, involves reviewing spending, identifying areas for improvement, and adjusting budget percentages for long-term sustainability.
Practice
4 questions • Multiple choice & Short answer
Exit Ticket
“List the three 'F' categories discussed in the video for managing your money, and briefly describe what each category represents.”
Teacher Guide
Get the complete package:
- Answer keys for all questions
- Differentiation strategies
- Extension activities
- Printable student handouts
