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This is an excerpt from the complete Pockets Change Financial Literacy Curriculum, which teaches students personal finance skills, entrepreneurship, stock market, and real estate basics. All lessons are also tied to common core and national standards. They are differentiated and use experiential learning techniques and help students hone 21st century learning skills.
Students will create a budget using the five-account system. As this lesson deals heavily with percentages and a number of calculations, please allow for more careful explanations during this lesson. This lesson is best paired with Budgeting, Part 1.
This lesson includes standards, activity description, key terms, assessment, and all necessary worksheets.
This lesson covers the following common core standards:
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