![]() Step #3: Pick 3 Scenarios to Create a Budget AroundĮither pick three scenarios from the brainstormed list that every student in your entire class will work on, or let your students pick three different scenarios they’re thinking about living out after they graduate. Living with parents with new money responsibilities (like paying rent).Getting a first apartment with a roommate.Get your students to help you brainstorm some common (and not-so-common) next steps that can happen in a teen’s life. Step #2: Brainstorm Next-Step Scenarios in Teen’s Lives Step #1: Download a Teen Budget WorksheetĬhoose a teen budget worksheet for your students (you can get mine, for free, below), and print out three copies each. ![]() You can take your own high school students through this, as a project. Hint: you could show one of these free financial literacy movies for students as to why they need backup plans. One of the things I stress is a teen should create a budget for more than one scenario for their next step in life, since an older teen’s life opportunities can change so quickly. Have you checked out my article on sample budgets for an 18-year-old? Hint: you'll also want to check out my article on how to teach budgeting.
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