Real-World Budgeting & Finance: A Personal Financial Literacy Project

Rated 4.82 out of 5, based on 438 reviews
438 Ratings
Grade Levels
4th - 8th, Homeschool
Formats Included
  • Zip
  • Google Apps™
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Includes Google Apps™
The Teacher-Author indicated this resource includes assets from Google Workspace (e.g. docs, slides, etc.).


{UPDATE - DIGITAL VERSION ADDED 5/6/2020!!!} This project is perfect to get your students engaged in your personal financial literacy unit! Often, the concepts in this unit are beyond the scope of imagination for our kiddos. This unit keeps them interested and engaged, all while teaching them about taxes, budgeting, balancing an account, and keeping records. They will make real-life choices about things like insurance, groceries, utilities, and charitable donations based on their income, budgeting, and the affordability of various plans. Students are encouraged to analyze their budgets as they go, making adjustments as needed. A writing component is included that requires students to reflect on the budgeting process and what it's like to be an adult in the real world. The final product is a "Real World Dream Board" where students create pictures, receipts, pay stubs, and more to show what it's really like to be an adult in the real world!

THANK YOU TO EVERYONE WHO REACHED OUT REQUESTING A DIGITAL VERSION! IT IS HERE!!! If you've already purchased the product, go into your purchases and download the updated version.

PLEASE NOTE! YOU MUST HAVE A GOOGLE/G-MAIL ACCOUNT TO ACCESS THIS RESOURCE! To set up your free G-mail account, click here! The PDF printable copy of the resource is located in the Google Drive folder included in the download.

Included in the unit (a * indicates that it is included in the digital version):

  • Instructions and materials for making student folders to keep materials organized
  • Step 1: Find a Job* – Students will assess their skills, choose among 60+ careers, and fill out a job application.
  • Step 2: Taxes* – Students will find their gross and net income, based on Social Security and income tax.
  • Step 3: Insurance* – Students will choose medical, dental, and vision insurance.
  • Step 4: Where Will You Live?* – Students will choose among various dwellings.
  • Step 5: Utility Bills* – Students will find the cost of utility bills based on several plans available.
  • Step 6: Getting Around Town* – Students will choose a vehicle and budget according to a monthly payment for the vehicle and gas.
  • Step 7: Student Loans* – Students are faced with the task of budgeting in payments on student loans.
  • Step 8: Let’s Eat!* – Students will choose a monthly grocery budget.
  • Step 9: Furniture & Accessories* – Students will choose items for their home, as well as whether to rent or purchase on credit.
  • Step 10: The Unexpected* – Students will be faced with unexpected events that impact their budget.
  • Step 11: Charitable Donations* – Students will choose charities to donate their time and money.
  • Step 12: Entertainment* – Students will choose among various fun activities based on cost analysis.
  • Step 13: Balance Your Budget* – Students will balance their budget and create a savings plan.
  • Keeping Records* – Students will balance their checking account with debits and credits based on the monthly budget they created.
  • What Do You Think?* – Students will write a response to the activity explaining their thoughts on budgeting, finances, and real-life.
  • Real World Dream Boards – Instructions and materials for creating poster boards to display students' work (digital version not included)
  • Sample pictures of Dream Boards
  • Grading Rubric

*The digital version includes embedded videos for EACH STEP (15 video mini-lessons!) that guide students through completing the activities.


This product comes in a Google Drive file. You MUST have a Google/G-mail account to access the product.

A working knowledge of Google Classroom and Google Slides is recommended for using this product!

Check out the preview and the thumbnails to see more of what's included in the resource!

Please leave feedback and let me know how the product worked for you! You will earn TPT credits to use on future products! Follow my TPT store for updates on new products, discounted products, and sales. Click on the “Follow” tab on the top of the page! You can also follow me on Facebook, Pinterest, Instagram, and the Mommy Is A Teacher blog for supplemental resources, ideas, flash freebies, and MORE!

The fine print:

Purchase of this product entitles the purchaser the right to reproduce the pages in limited quantities for one classroom’s use only. Duplication for multiple users is strictly prohibited without written permission from the seller. Multiple licenses are available for purchase in my TPT store at a discounted price.

Check out a preview of the items included in the packet by clicking on the green tab below the thumbnails!

Total Pages
Answer Key
Teaching Duration
1 Week
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