Creating a Family Budget
This 1-page packet guides 7th graders through creating a personal or family budget, identifying assets and liabilities, and calculating percentages of spending. It includes a list of potential budget items with prices to help students get started.
“using these teks. Lesson Alignment (Texas TEKS) 7.4(D): Solve problems involving ratios, rates, and percents (including percent of a number). 7.13(E): Calculate simple interest using $I = Prt$. 7.13(F): Analyze and create financial budgets, distinguishing between assets, liabilities, and net worth. create a one pager for students to create a family budget and find the percent of two items in their budget. I want students to create a budget, but come up with a montlhy spenidng budget and give a list of things they could choose from to create their budget with prices.”
Teacher Guide & Tips
- Use this packet as a 45-minute introduction to personal finance and budgeting.
- Discussion question: What are some unexpected expenses that might impact a family budget?
- For struggling readers, provide a pre-filled sample budget and have them identify the percentages.
- Advanced learners can research and compare the budgets of different types of families (e.g., single parent, large family).
- Estimated time: 45 minutes.
What is Diffit?
Teachers use Diffit to get quality materials for their unique classrooms. Adjust difficulty, add scaffolds, or change the topic to get started.
Try Diffit for free“using these teks. Lesson Alignment (Texas TEKS) 7.4(D): Solve problems involving ratios, rates, and percents (including percent of a number). 7.13(E): Calculate simple interest using $I = Prt$. 7.13(F): Analyze and create financial budgets, distinguishing between assets, liabilities, and net worth. create a one pager for students to create a family budget and find the percent of two items in their budget. I want students to create a budget, but come up with a montlhy spenidng budget and give a list of things they could choose from to create their budget with prices.”
Teacher Guide & Tips
- Use this packet as a 45-minute introduction to personal finance and budgeting.
- Discussion question: What are some unexpected expenses that might impact a family budget?
- For struggling readers, provide a pre-filled sample budget and have them identify the percentages.
- Advanced learners can research and compare the budgets of different types of families (e.g., single parent, large family).
- Estimated time: 45 minutes.
Creating a Family Budget
This 1-page packet guides 7th graders through creating a personal or family budget, identifying assets and liabilities, and calculating percentages of spending. It includes a list of potential budget items with prices to help students get started.
What is Diffit?
Teachers use Diffit to get quality materials for their unique classrooms. Adjust difficulty, add scaffolds, or change the topic to get started.
Try Diffit for free