Budget calculator

Money themes:

  • Everyday numeracy
  • Budgeting
  • Money & wellbeing
  • Careers, work & income

The ‘Path to independence: Budget planning’ lesson supports young people in managing and updating a budget through different circumstances. Students use a digital budget calculator tool to explore relatable budgeting scenarios and work through discussion questions, whilst recognising how money management may be linked to mental health.

You can download the resources in one go using this button.

 

Download resources

A teenage girl sits on the kitchen worktop with her laptop and bank card in her hands.
Curriculum links:
Health & wellbeing | Skills for learning, life & work | Maths

Flipped learning bundle

Budget Planner Deliverynote Index 1200X720
  • Delivery guide:

  • Path to independence: Budget planning

  • Use this delivery guide for guidance on the budget calculator tool and discussion points for the ‘Path to independence: Budget planning’ lesson delivery.
Budget Planner Scenario Cards Index 1200X720
  • Activity sheet:

  • Scenario cards

  • Students use scenario cards to explore realistic and relatable situations in which they will need to manage their budgets and adapt to unexpected circumstances.
Budget Planner Cheat Sheet Index 1200X720 (1)
  • Information:

  • Teacher ‘cheat sheet’

  • Use the teacher ‘cheat sheet’ for guidance on each of the scenario cards and for answers to Activity 2 in the lesson plan.
Budget Calculator Index RBS
  • Interactive activity:

  • Budget Calculator Tool

  • Students use the digital budget calculator tool to track their spending and adjust their budgets where necessary to stay in control of their finances.

More topics in My money management

Carbon Tracker Tool 1200X630

Carbon footprint tracker

Age: 16-18
16 18 Topic11 Escaperoom 1200X720 Index

Time is Money: Escape Room

Age: 16-18
Car key and loan document

When might I need to borrow money?

Age: 16-18
Personal loan agreement on a desk, laptop, pen and cup of coffee

How do I choose financial products and services?

Age: 16-18
Teenage girl using her phone and looking worried

How can my money choices affect my mental wellbeing?

Age: 16-18