Financial Literacy: The Value of Budgets

Students in Financial Literacy paired up for a budget activity in class. They had to work with a set monthly income for an individual and pay the bills without a written budget that included fixed expenses (rent/car loan/insurance) and expenses they had to put a dollar amount to themselves (food/savings/retirement). This activity teaches the students the real value of budgets and to make sure they always have and stick to a written budget.

-Mrs. Drybola