Here I have created a real world budget project for students to figure out on their own how hard it is to create a budget and try to stay within a budget monthly! It really opens up students eyes as to what it takes to live and use money wisely.
-Real World Budget Project Calculation Sheet
-22 possible job situations (can be edited to add more)
-Directions for students to follow step by step to calculate monthly take home income and monthly expenses (makes students think about every possible thing they may need to spend money on when they are in the real world)
-Family Scenarios (lots of scenarios giving each student a different family. For example: Single with one child and you do not get child support. Must support the child all on your own)
- Random Events (optional, I let students pick a random event for some extra credit)
There is lots of information here for students to make a budget specifically for their family scenario.
My students love this project and thank me for doing something so meaningful for them when we finish :)