Part of Lesson Plan: Financial Planning NEFE Lesson 2 - Where Does Your Money Go?
Activity Overview / Details
Tip: Give the students legal sized letter envelopes to collect and insert receipts (tell students they must get receipts whenever possible) and to record their income and their expenditures on the envelope. Show an example. (You may need to create and hand out daily scenarios for those students who do not have money to spend.)
"Track your spending for a week, assessing how your spending matches your financial goals. You will be turning in this assignment next _____________ for 50 points. Make sure you put down every cent you receive from your parents/guardians or the money you borrow from your friends, and get receipts if possible. You will be using this information for the assessment activity at the end of this unit."