How much do I need? - Budgeting - Student Activity

29,44 kr SEK

Content descriptors - 

Economics and Business

  • The importance of Australia’s system of taxation and how this system affects decision-making by individuals and businesses (AC9HE8K0).
  • Processes that individuals and/or businesses use to plan and budget to achieve short-term and long-term financial objectives (AC9HE8K05).  

Mathematics 

  • Use the 4 operations with integers and with rational numbers, choosing and using efficient strategies and digital tools where appropriate (AC9M8N04).
  • Use mathematical modelling to solve practical problems involving rational numbers and percentages, including financial contexts; formulate problems, choosing efficient calculation strategies and using digital tools where appropriate; interpret and communicate solutions in terms of the situation, reviewing the appropriateness of the model (AC9M8N05).

Overview

In this engaging and practical lesson, students step into the real world as they learn how to manage a budget. Learners will explore the essentials of budgeting – from rent and groceries to unexpected costs. With tiered tasks and differentiated support, students of all abilities can access, apply, and reflect on budgeting tailored to their level. By the end of the lesson, students will not only understand the importance of financial planning but also feel empowered to make smart money choices in their own lives.