The Personal Finance Project for Economics is an engaging, realistic approach to teaching high school students how to properly create a budget. Each of the 10 assignments asks students to examine a different element of budgeting while thinking through their values and plans for the future. Every year my seniors tell me that this was the most important and valuable project they completed in their high school careers. As they enter the adult world, they need to be prepared to face financial realities and pay their bills responsibly. This project will help get them ready for that reality.
This project can be taught in multiple ways. I teach this as a semester-long project where students complete the assignments mostly at home. They complete and print out each assignment on the due date. I space out the assignment so that one is due approximately every other week. You could also use this project as a personal finance unit during class time for about 2-2.5 weeks until all the assignments are completed.
For each assignment, students will:
-Complete a thorough reflective and/or research-based written portion which thoroughly examines the topic
-Update their budget in light of their reflections, values, and research
-Career & Monthly Income
-College & Educational Loans
-Family Budgeting Interview
-Utilities, Insurance, Health, & Bills
-Clothing, Entertainment, & Shopping
-Investment, Charity, Gifts, & Savings
-Final Budget & Project Reflection
-PDF of Student Packet
-Editable Student Packet (PPT format)
-Advice for Implementation & Grading (no rubric included)
-Budget Template (last page of student packet)
Versions of the Students' Project Packet:
-Student Copy PDF: If you do not wish to make any changes to the project, you can simply use this version and print off enough packets for all of your students.
-Student Copy Editable: Allows you to edit the project using PowerPoint if you wish to make modifications.
-Student access to computers and printers for researching and completing the assignments
You might also like The Demand Curve (4 Day Economics Lesson)
and Economics Shark Tank Project for the Supply and Demand Unit
Don't forget to come back and review this product to earn TPT credits! These credits can go towards future purchases!