This is part three of a three lesson series. The previous lesson plans were Statement of Financial Position and Income and Expense Statement. Although the lesson may be taught independently, it is recommended that the lessons are taught in order. Begin the lesson by having participants use play dough to initiate the spending plan development process. During facilitation, participants complete a Spending Plan for the Wilkins family. Conclude the lesson by writing a letter of advice to the Wilkins family explaining how their Spending Plan was created. Have participants interview an adult in the Mission Home Front activity. To assess knowledge, have participants create a Spending Plan for the Carson family or themselves.
Cross-curricular keywords: Math, Economics, Scarcity, ELA
