Students practice creating a buying plan and apply this strategy to provide buying advice to others.
Spend (Budgeting, Buying things)
CTE (Career and technical education), English or language arts, Social studies or history
High school (9-10), High school (11-12)
75-90 minutes
Big idea
A buying plan can be helpful when making major purchases.
Essential questions
- What is a buying plan?
- Why is a buying plan helpful?
Objectives
- Understand situations when a buying plan may be useful
- Apply a five-step buying plan process to making a major purchase
What students will do
- Discuss their personal experience with spending money on big-ticket items.
- Create buying plans for two big-ticket items they may purchase in the future.
- Write an advice blog to answers to readers’ questions about spending.
Download activity
Teacher guide
cfpb_building_block_activities_creating-buying-plan_guide.pdf
cfpb_building_block_activities_como-crear-un-plan-de-compras_guia.pdf
Student materials
cfpb_building_block_activities_creating-buying-plan_worksheet.pdf
cfpb_building_block_activities_como-crear-un-plan-de-compras_tabla.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.
