Big Idea
Big Idea
- Employees (students) earn income
- Employees (students) need to cover their expenses
- Funds available surplus -v- deficit. Do you have enough to survive?
Embedded Files
Financial understanding
Financial understanding
In this activity, students/groups need to create a classroom budget. Students will receive income and will need to pay expenses for working & learning in a classroom.
Students consider:terms such as income and expenses the meaning of PAYE, ACChow many days/weeks are in a month.
Task 1 - Individual Activity
Task 1 - Individual Activity
Using the resource above and using Google Sheets, create a Classroom Budget.
Classroom Budget - Template
Classroom Budget - Template
Class Profit / Loss
Class Profit / Loss
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