Learning Advantage CRE4373-A1 The Budget Game

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Students are randomly assigned a career and salary, and must then create their own spending plan around the money they have.

Here you’ll find the best budgeting games for youth online, including online budget simulation for high school students and middle school students. Lights, Camera, Budget Are you looking for budgeting games to teach your kids some essential life skills? let me point you in the direction of some great ones Kids are going on a cross-country trip with this online game, and they need to figure out how to budget for it. There are “musts” that students will need to spend their beans on, and then there are other categories that they get to choose if they want, or not. Just like in real-life budgeting! Here’s a mama who took control of her fears that her teens didn’t know how to create a monthly budget…by creating her own game for it.Now, onto those budget board games – including free budget printable games, budget board games, and budgeting games for youth online. Budget Games for Youth (Free Printables) Can you manage your money for three months? There are bills to pay, food and travel to budget for, plus loads of fun things to spend your money on. Get it right and your happiness will soar, but spend too much and you’ll have a financial headache!

There are some great, free, budget games for youth out there that I’d like to highlight in this section. They also provide some great discussion questions, such as what tradeoffs students were willing to make to afford other things, what difficulties they felt during the process, etc. This game uses national averages for salary and costs to help students determine how much their “dream” adult life will cost…and if they can actually afford it. Here’s a twist on the “traditional” budgeting games out there – in this one, kids will need to plan their budget before they actually get to Payday on the board. For example, one month you might find out that someone in your family broke their leg. If you used part of your salary to pay for insurance that month, then you’re good to go. Did you skimp on insurance? You lose 3 beans.Students will answer a total of 15 financial literacy questions, and make 12 movie-related decisions (like decisions on marketing, on actors, etc.) that will determine if they can, in fact, produce a 5-star movie. However, just like in real life, you can’t just spend all your income on paying down debt. You must budget both for real life monthly expenses, as well as for paying down that debt. Once kids make their choices for what quality they want in each category, they then fill out how much they’ll spend on that choice each month (take a guess).