This activity allows students to create a monthly budget. Each student will be assigned a career and annual salary. They must use basic math skills to find their monthly income and construct a budget based on the basic costs of living. Students will then receive LIFE Scenario Cards which make the students re-evaluate their budget to have enough money. Through this activity, students must maintain their budget by spending money wisely on their needs before their wants.
This activity includes the cost of living sheet, link to career and salary website, reflection questions, and a sample sheet of editable LIFE Scenario Cards.