Creating a Budget for High School Seniors
Unknown Grade•45 minutes
Learning Objective
I can create a monthly budget that tracks my income and expenses.
Practice Questions
This lesson includes 7 practice questions to reinforce learning.
View questions preview
1. Define what a budget is and explain its importance in managing personal finances.
2. If a high school senior earns $1,500 per month, how much should they allocate for savings according to the 50/30/20 rule? Show your calculations.
3. List three examples of "needs" and three examples of "wants" that a high school senior might have. Explain why each item fits into its respective category.
...and 4 more questions
Educational Video
What Is A Budget? | Cash Course | PragerU Kids
PragerU