Financial literacy activities

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Using a budget to shop for a party

Students learn about budgets and then use a budget to decide what food to buy for an imaginary party.

Topic

Spend (Budgeting, Buying things)

Subject

Math, Social studies or history

Grade Level

Elementary school (4-5)

Duration

45-60 minutes

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Updated

Big idea

Using a budget can help us save money.

Essential questions

  • What is a budget?
  • How do I use a budget when I shop?

Objectives

  • Understand how to create and use a budget
  • Practice using a budget

What students will do

  • Make choices about what food to buy for an imaginary party.
  • Reflect on what it was like to work within a budget.

Download activity

Teacher guide

cfpb_building_block_activities_using-budget-shop-party_guide.pdf

Student materials

cfpb_building_block_activities_using-budget-shop-party_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.

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