This worksheet defines what a budget is and has four steps for students to complete, estimating income, taxes, monthly income, and monthly expenses. Cost estimates for cheap, average, and expensive options for each budget item are included. Budget items include: housing, transportation, food, utilities, phone/internet, cable/satellite, clothing, entertainment, savings, and miscellaneous.
I designed this worksheet with the intention of showing students what may seem like a lot of money may not go as far as they think.
This worksheet can be used with a presentation that can be found here: Managing Your Money
, or it can be used separately.
Economics Unit Bundle
The History of Money
Introduction to Economics
United States Currency
United States Currency Worksheet
Managing Your Money
The Stock Market
Reading a Stock Table Worksheet
Stock Market Activity Worksheet