Sign In
Sign In
Register for Free
SecondaryCitizenship

Budgeting worksheets KS3 – Lesson plan and resources

What's included?

Budgeting lesson plan and activity sheet PDFs, plus PowerPoint presentation

Key Stage

KS3

Age

Years 7-9

Subjects

The aim of this lesson is to explain the concept of budgeting and money management; how to budget and what it entails, and to identify all of the different potential living costs.

You’ll explain to students the importance of money management and the possible consequences if they do not manage their money properly.

Outcomes

Students will be able to identify all of the different expenditures they may face. They’ll understand the difference between essential spending and non-essential spending and the importance of budgeting, as well as the potential consequences of not.

Budgeting worksheets KS3

This resource includes:

  • Lesson plan PDF
  • Budgeting worksheets KS3
  • PowerPoint presentation

Tips for budgeting

  • Allow time to work out your income and expenditure each month.
  • Use your bank statement to check all essential spending.
  • Keep a record of your spending and review it once a month.
  • Keep receipts wherever possible.
  • Set up standing orders or direct debits for rent, telephone, utilities bills and other regular payments. This can help you budget and make sure you don’t forget to pay bills on time.
  • Set aside an amount each month for savings if you can and include this in your expenditure calculation.
  • Think ahead for any future expenses you can predict such as birthdays, Christmas and start of term. Plan your saving toward these dates.
  • Be aware of your present financial situation – how much your current balance is and how much you owe. Avoiding the subject will only make it worse.

Make Money Make Sense has been developed by Eastbourne Citizens Advice Bureau and East Sussex Trading Standards. It provides teachers with all they need to teach the financial literacy aspects of the citizenship curriculum.

Budgeting worksheets KS3
DOWNLOAD A FREE RESOURCE!
Budgeting worksheets KS3 – Lesson plan and resources
SecondaryCitizenship

You'll also receive regular updates from Teachwire with free lesson plans, great new teaching ideas, offers and more. (You can unsubscribe at any time.)

Which sectors are you interested in?

By signing up you agree to our Terms & Conditions and privacy policy

Explore teaching packs

Pie Corbett Ultimate KS2 Fiction Collection
Pie Corbett Ultimate KS2 Fiction Collection
Fire up KS2 pupils' imagination with this collection of 20+ fictional stories, written by literacy expert Pie Corbett. Each ... more
20 x resources
Pie Corbett KS2 Non-Fiction Collection
Use Pie Corbett’s non-fiction texts to inspire your KS2 pupils to get writing. Each resource contains an original text in ... more
6 x resources
Pie Corbett KS2 Poetry Collection
Inspire KS2 pupils to be creative and express themselves with this pack of Pie Corbett poetry. Each of these Pie Corbett Tal... more
7 x resources
WAGOLL classroom resources
WAGOLL Packs from Real Authors
Peer inside the mind of award-winning children's authors and help pupils understand how to create engaging characters, capti... more
7 x resources
Art KS2 inspiring medium term plans
Art KS2 Inspiring Medium Term Plans
Get pupils' creative juices flowing with these expert medium-term art plans for KS2. Each resource consists of a full half-t... more
6 x resources
Magical Harry Potter Teaching Ideas
Magical Harry Potter Teaching Ideas
Spark pupils' imaginations with these inventive and exciting teaching ideas, all themed around the wonderful world of Harry ... more
11 x resources