Project 2: My Budgeting Habit

In the project, students look forward 10-15 years and create a financial portfolio to help them achieve their future lifestyle and monetary goals while also learning about the importance of planning for unexpected adversities. They will create a variety of artifacts—physical and digital—and deliver presentations as they explore the steps required for a secure financial future.

The project is divided into four discrete steps, each of which has an essential question that students will answer.

MY SAVINGS PLAN

• How do you plan to save money throughout your lifetime?

MY BUDGETING HABIT

• What can you do to help prevent overspending?

MY CREDIT SCORE

• How does a credit score influence the things you can buy?

MY INVESTMENT PLAN

• How can investing in the markets help you to earn more money?

Students review the critical concepts and vocabulary related to budgeting, examine the importance of SMART goals, and then create their own SMART financial goals for the future. They design a visual aid to depict their SMART financial goals. 

STUDENTS WILL: 

• Describe a budget and explain the purpose of budgeting.

• Explain SMART (specific, measurable, achievable, realistic, and time-bound) goals and how the practice can be used for budgeting.

• Create personal SMART financial goals for the future: short term (1 year), medium term (5 years), and long term (10 years or beyond).

• Use graphics and multimedia—charts, videos, graphs, and so on to represent each SMART goal and the method by which it will be achieved.

Onscreen Presentation

A presentation for each session will be available as PowerPoints and Google Slides.