Budgeting 101 Lesson Plan Information | Lesson Plan Activities | Printable version (including handouts) (PDF)

Standard Use Math to Solve Problems and Communicate Outcomes Students identify sources of income, distinguish between fixed and flexible expenses, distinguish between needs and wants, and develop a personal budget.

Classroom Information

GED Descriptors      Math Roles      Family, Worker, Community Member Program Type(s)      ABE, GED, Family Literacy, Workforce Education, Urban, Rural, Corrections NRS Learner levels (ESOL)      3, 4 Time Frame       2-3 hrs, up to 1 week outside of class

Keywords

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Purposeful, Transparent, Contextual, Building Expertise

Purposeful and Transparent Students are concerned about how they spend their money and want to make wise decisions. Teacher models completing the tools together and then students apply the information to their own situations. Contextual Students are using actual budgeting techniques to improve their financial situations. Additional budgeting resources and copies are available for students to set up their own budgeting system. Building Expertise This will allow students to actually document where their money goes and make adjustments in their spending patterns over time in order to improve their financial savings.

Lesson Designer Judy Franks Ohio Literacy Resource Center (330) 672-0753 jfranks@literacy.kent.edu

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