Explain to students that this worksheet is a valuable tool to create a monthly budget. Students will be given an actual monthly salary for a career that could be attained with a high school degree. Monthly budget worksheet for economics free to print pdf file. Budgeting worksheet for students monthly variable expenses. Foodhousehold supplies dining out clothes laundrydry cleaning gas, oil, auto maintenance parking medicaldentaleye care entertainment travelvacation utilities cdsbooksjournals personal care subscriptions cable tv and internet.
After getting a work permit at school, amy and jason were hired for the sevenhour saturday shift. School budgets 101 any local government or agencyincluding public schoolsuses its budget to describe its program plans for the upcoming year. Also, use the worksheet to plan for next months budget. Using an interactive game, high schoolers choose from a variety of policy options after identifying goals and try to balance these changes in policy with a federal budget. College budget template for excel is a summary of all expenses made and income during college time. An effective budget needs to be put down on paper or via a spreadsheet from a student budget template. Students will be assigned a career with a certain salary at random. Print this worksheet and fill out the expenses and income sections to see if you have a realistic budget. Estimate how much your university or college education is going to cost and start planning your student budget. The worksheet will total your numbers at the bottom so you can see if you need to make. Student handbook page 103, monthly budget worksheet 1. Directions go to and complete budgets for the following three scenarios take a screenshot each scenario save as.
As an option, teachers may also use the lesson as part of a classroom lesson plan. Students should read the lesson, and then complete the worksheet exercise. A lesson plan on family food budgeting for high school students presented with nine teaching. You can use some of the average costs we have indicated or speci.
Relevant questions include, what factors con tribute to relatively high costs for some. After you estimate your earnings, expenses and savings on the website, you can download the spreadsheet to track your. This briefwritten to help expand familiarity with and understanding of school budgets and the. The worksheet will total your numbers at the bottom so you can see if you need to make adjustments like cutting expenses or boosting your income to reach your desired amount. After a week of dishing out an untold number of ham ripple. Table of contents international federation of library. You may want to ask a student or two to read the tips on page 2 aloud and ask for feedback or comments about each one. Casey is preparing to leave for college in the fall. Budget worksheet the bottom line monthly net income monthly expenses monthly surplus or deficit created date. From jobs from parents from student loans from scholarships from financial aid miscellaneous income income subtotal expenses. Make a budget use this worksheet to see how much money you spend this month.
Distribute worksheets included in this file and allow students to work on them independently. Grants bursaries school supplies paper, binders, etc. You can also have students use the online budgeting tool found on. Start a tracking journal to record incidental purchases you make over a weeks time. On this budget, make a list of all your forms of incomes including your job, loans, parents, etc. Students develop a budget for a college student using all of the influences that the student would have. Students will write down their short term goal in regards to spending and saving money.
Use this worksheet to create a budget and assess how youre doing each month compared with your budget goal. Then theyll learn about the percentage of income thats subtracted for taxes, and the difference between their gross and net incomes. Budget worksheet for high school students pdf jerry may 5, 2020. Prepare middle school students for the real world by teaching them about making financial decisions and budgeting basics. Each week students will be given paychecks based on. A key term to understand in creating a budget is net income, which is the amount of. Lesson about budgeting for high school students stay safe and healthy. The school library equips students with lifelong learning skills and develops their imagination, thereby enabling them. Download the worksheet and save it to your desktop. Make sure to differentiate between your needs versus your wants.
Use this worksheet to see how much money you spend this month. In this lesson, students discover how they could make and maintain a budget in the real world. Use the content and resources on pages 2 and 3 of the high school. Lisa has a savings account that she built up during high school and by working fulltime. Students should use the handouts and spreadsheets provided. Controlling your day to day finances allows you to do the things you want to do. Student loan budget worksheet sauk valley community. A budget is a means of tracking income money that is received and expenditures money that is spent. Essential variable expenses car maintenance gas food electricity, heat phone. Budget worksheet use this worksheet to start planning how much money you will need for your postsecondary education study period costs study period income monthly costs student spousecommonlaw partner if applicable monthly income student spousecommonlaw partner if applicable rentmortgage residence fees estimated income from. A lesson plan about how to plan healthy meals on a budget. Connecticut technical high school system cthss fiscal. Schooldistrict office funds funds funding budgets projections projections food services services utilities grand total a.
Budgeting is the first step on the road to financial success. High school budgeting activity oklahoma money matters. Inschool budget worksheet get organized before you can make your budget, you need to know where your moneys going. My budget worksheet monthly income after taxes incomesalary from all sources investment income other income savings total monthly income monthly expenses home mortgagerenthoa landscaping laundry gas electricity water home phone total health inc. Student activity sheet 1 scenario 3 jamal is a senior in high school and works 30 hours per week at a neighborhood coffee shop. Department of education indian education fiscal year. What kind of lifestyle can i afford with a high school education. A budget is a spending plan that outlines what money you expect to earn or receive your income and how you will save it or spend it your expenses for a given period of time.
Parents should help students be realistic about social spending needs. She lives in new york, but will be going to school in california. College student budget worksheet common expenses and. Your teen can type in his monthly expenses and income, and the worksheet will calculate his budget. After high school, students will either continue their. He owns a car and makes payments toward it each month, but he lives with his parents so he. While the following budgeting suggestions are for high school students, parents would benefit from doing them in. Foundations in personal inance high school edition chapter3 the student budget procedure hand out the student activity sheet and student budget forms note. Take control of your money and learn how to save with. Printable budget worksheet for high school students. Multiply the monthly amounts by the number of months youll have the expense to get a yearly amount for each category. Help your teenager organize his expenses and save his money with this free teen budget worksheet. Use this worksheet to create a budget and assess how youre doing each month compared with your.
Budget decisions should be based on what is best for children, not adults. Microsoft word budget worksheet high school author. Although the article is designed for college students, the information is also valuable for high school students. Student budget worksheet category monthly yearly income employment parental support scholarships financial aid public assistance other sources income subtotal expenses tuition textbooks college fees housing rentmortgage telephone groceries car payment car insurance gasolinemaintenance. Clicking on this link will take the reader to an article on the sauk valley community college website. Click on this link to discover how to create a budget using three steps. The zionsville community schools 2012 budget, although prepared in such a way as to provide adequate hedges against uncertainties, realistically reflects the operational priorities of the school corporation. Budgeting best practices for school districts plan and prepare phase 1a develop principles and policies to guide the budget process page 3 of 7 make student centered decisions. See more ideas about budgeting worksheets, budgeting and worksheets. They must track their spending and saving in their budget folder. Scenario 1 lisa is a thirdyear college student living alone in an apartment. Although the number of indian students enrolling in colleges and universities has more than doubled in the last three decades, the dropout rate for indian high school students is above the overall national average. Our budget worksheets are interactive and can be downloaded to excel if you are logged in, your website entries will populate the excel spreadsheet. Please practice handwashing and social distancing, and.
If youre interested in learning how to save, but you dont know where to start, or if you want to get a clearer picture of your money situation so you can afford that next trip or purchase, you need a budget. Student budgeting lesson plan, establishing a realistic. This lesson is intended for middle school students in sixth, seventh and eighth grades. While redesign has generally been considered a strategy to improve outcomes for students, with budget tightening ahead redesign may also be a strategy for enabling schools to do more with less. Budget worksheet for high school students pdf worksheet.
In this budgeting lesson plan, students use real life examples to create a budget spreadsheet. Student budget template budgeting worksheet for students. Assignment length one month notes once students have completed the expensetracking project, they will need to begin to create their budget. Personal finance program saint barnabas high school. In many cases, there is pressure to develop a budget that puts the interests of adult. Do your students feel a constant need to keep up with the. Free downloadable food budgeting and grocery shopping lesson. The school library provides information and ideas that are fundamental to functioning successfully in our increasingly information and knowledgebased present day society. Projectbased learning for the personal finance classroom. When you hand out the daily budgettracking worksheet student handout 5c they tend to complain. Student handbook page 103, monthly budget worksheet 1 student handbook page 104, expenses worksheet 1 student handbook page 105, percentage calculator print out facilitator resource 1, monthly salary cards for your state and cut out the individual cards. Students need to read scenarios 1 and 2, then create a zerobased budget for each one.
If thats the case, consider other sources of income. You can do this by asking your child to follow this series of financial exercises to learn his or her spending habits. Lesson establishing a realistic budget see below for printable lesson procedure. Determine your income for many students, having a job isnt an option during school. Estimated budget worksheet ats academic year 20172018 alliance theological seminary m.