Chapter 20.2

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

Practice exercises
Learning resources

Skills

Budgeting
Smart Spending
Saving Money
Needs Wants
Money Planning
oh flag

OH Curriculum Aligned

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