Unit 10: Grade 5 Lessons

In this lesson, students will begin to think about budgets. Teachers can choose between 2 scenarios (raising money for a trip, or earning money from a job like babysitting) to explore. Students will consider why they may want to earn money, how they might earn it, and prioritize how it might be spent.

In this lesson, students will create a budget for Danika or Jamie based on their planned earnings and predicted spending (what they plan to use their money for during a month). Students will use a blank budget form and create a plan for saving / spending money for a month in the life of Danika or Jamie.

Coding using Financial Literacy - In this lesson, students will understand how spreadsheet programs can be used to manage a budget, alter a sample spreadsheet to meet our own plans, and learn to design budgets and make choices based on changing situations (for example by differentiating between needs and wants).