Examine a Personal Budget

Teach practical money management skills with this worksheet all about personal budgets! Students will analyze a personal budget by finding total income and expenses, determining how much money can be saved, and identifying the biggest source of income. Learners will then explore potential changes to spending habits and reflect on the usefulness of a budget.

Designed for fifth and sixth graders, this activity encourages learners to think carefully about spending and saving., This can build financial literacy and set students up for success as they start to earn and spend their own money. Students can also use this knowledge as they learn how individuals, families, communities, and even governments can spend wisely.