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Grade 2
Economics and Financial Literacy
Personal Finance
20. Budgeting
20.2 Smart Spending
Master Smart Spending and Create Your First Budget
You will learn to make wise money choices by creating budgets and understanding needs versus wants.
What You'll Learn
You learn to create budgets for planning your money wisely
You discover the important difference between needs and wants clearly
You practice making smart spending choices with your allowance money
You understand how saving money helps you buy special things
What You'll Practice
1
You practice creating budgets with birthday money and weekly allowances
2
You learn to choose between spending all money or saving
3
You make shopping lists and compare prices for smart purchases
Why This Matters
You need smart spending skills to make good money choices throughout your life and achieve your financial goals.
This Unit Includes
1 Video lesson
Practice exercises
Learning resources
Skills
Budgeting
Smart Spending
Saving Money
Needs Wants
Money Planning
IL Curriculum Aligned