Learning Objective: Managing money is an important life skill. Students will demonstrate the ability to create a budget for yourself and/or your family, and shop wisely by making informed decisions about spending.

Instructions:

1. Create a budget for yourself and/or your family. This includes understanding:

   • • Income and expenses

     • Setting financial goals

     • Allocating funds accordingly

     • Identifying areas where you can reduce spending and save money

2. Shop wisely by making informed decisions about spending. This includes:

   • • Comparing prices

     • Using coupons and discounts

     • Avoiding impulse purchases

     • Understanding the difference between needs and wants

     • Recognizing when a sale or discount is not actually saving you money and knowing when it's best to wait for a better deal

3. Submit a reflection on your budget and shopping experience. This reflection should include:

   • • Any challenges encountered during the budgeting process and how they were overcome

     • Any new insights or realizations about your spending habits

     • Any strategies or tools you used to shop wisely

     • Any changes you plan to make to your spending habits in the future

Submission Requirements:

• Submit a completed budget spreadsheet or document.

• Submit a reflection (written presentation, slideshow, infographic, etc…) on your budget and shopping experience.