Module 5

Session 2

Budgeting

This content is suitable for: 15-16 year olds

Students will understand the purpose of budgeting and complete a practical exercise to apply a budgeting framework to needs, wants and future spending.

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Session objectives

  1. Describe the difference between financial needs and wants
  2. Explain the purpose of budgeting
  3. Apply a budgeting framework to needs, wants and future spending

Worksheet 1

Your Bills Catalogue

Worksheet 2

Budgeting Sheets

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