#4: Scholastic's Trip-Planning Simulation
#PERSONAL BUDGET SIMULATION FOR STUDENTS FREE#
Also, here's 19 free financial literacy games for high school students. Psst: Here's more budget games for kids and teens to check out.
#PERSONAL BUDGET SIMULATION FOR STUDENTS HOW TO#
The goal of the game, or how to win? Is to end the game with $450 in savings PLUS a “Well Being” Factor of 96 or higher. Teens are given $300 each (remember, this is a game, not the real world!), and must satisfy 9 different budgeting categories ranging from rent to movies. New challenges are thrown there way for each month, such as being fined for a traffic ticket, or earning an extra $5 in interest on savings. In just an hour of play, your students and teens can go through 12 months on a budget. What do you find hard to resist spending money on?.Give an example of why you might call yourself a saver or a spender.Give an example of a big expense you’ve had to save money for.The student then has 30 seconds to answer the question, which will help them analyze their own spending habits. The number that is closest to their right index finger (the ball has numbers on it) corresponds to a question about spending habits. Meaning, kids get into a group and throw a ball to one another. What I like about this spending activity is it has a physical component. This is an individual activity, but can easily be used in groups of 2 as well. In midway through, if you want to really shake things up, the creators of this game suggest telling your students that they’ve been demoted or downsized at work and now only have 13 beans – they must remove 7 beans from their boards. What might trip your students up? There are starred categories that are “musts”, so your student has to spend some beans in those. Students must decide how to spend their 20 beans across all categories. I just love this – every student receives 20 beans, as well as a game board that shows a cost (in beans) for different spending and saving categories. #1: Next Gen Personal Finance’s Bean Game Psst: you might want to check out my comprehensive article on budgeting for kids, and the best teen budget worksheets. Heck, your kids might beg for more money activities after you introduce a few of these fun budgeting activities below. Fun Budgeting Activities (with PDFs)įun budgeting activities (PDFs you can print) will not only begin teaching your students and kids how to budget for specific events OR for life, in general, but it will make the process entertaining. How a Teenager Can Improve their BudgetĪlright…let's move onto many more fun budgeting activities with PDFs and financial scenarios for students.4 Budget Projects for High School Students.6 Budgeting Projects for Middle School Students.How to Teach Budgeting (from Beginner to Advanced Levels).
The avatars have both a female and a male name, but the information is the same - so it doesn't matter if a boy or a girl gets that avatar. Your child uses a fortune teller (free printable) to determine which one of 4 Avatars they are. This budgeting worksheet for students (pdf) was originally part of my Money Prodigy Online Summer Camp, but I'm carving it out for you to use, for free. I'd like to start this list off with my own budgeting scenarios I created for high school students (parents, you can use these, too!).
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