Financial Literacy Basics: Budgeting, Saving, and Spending
In this class, students will learn the basics of budgeting, saving, and spending to build smart money habits.
Rebecca Pratt
Average rating:
5.0
Number of reviews:(4)
New on Outschool
What's included
4 pre-recorded lessons
4 weeks
of teacher support1 year access
to the contentHomework
1 hour per week. The homework will be an extension of the learning, allowing students to relate the content to their own situation and goals. Week 1: Create a simple budget using a downloadable template. Week 2: List short-term and long-term savings goals. Week 3: Track spending habits over a week. Week 4: Final project—combine their budget, saving goals, and spending habits into a comprehensive financial plan.Letter Grade
includedClass Experience
In this four-lesson course, middle school learners will be introduced to essential financial literacy concepts such as budgeting, saving, spending, and understanding financial goals. Each week will focus on a specific topic, allowing learners to actively engage through discussions, real-world examples, and interactive activities. Teaching Style: This class will include detailed instruction, hands-on activities, guided discussions, and real-life scenarios to make financial literacy relatable.
Learning Goals
Learn how to create and stick to a personal budget.Understand the value of saving and how to set savings goals.
Syllabus
4 Lessons
over 4 WeeksLesson 1:
Week 1: Budgeting Basics
Learners will explore what a budget is, why it's important, and how to create one for themselves.
Homework: Create a simple budget using a downloadable template. 1 assignment
17 mins of video lessons
Lesson 2:
Week 2: Saving Money
This lesson focuses on the importance of saving, how to set savings goals, and ways to save for both short- and long-term goals.
Homework: List short-term and long-term savings goals. 1 assignment
13 mins of video lessons
Lesson 3:
Week 3: Smart Spending
Learners will learn how to make smart purchasing decisions by understanding wants vs. needs, comparison shopping, and how advertising can affect spending.
Homework: Track spending habits over a week. 2 assignments
16 mins of video lessons
Lesson 4:
Week 4: Final project
In the final lesson, learners will bring all concepts together to set personal financial goals and create their own budget plans.
Homework: combine their budget, saving goals, and spending habits into a comprehensive financial plan. 1 assignment
7 mins of video lessons
Other Details
Parental Guidance
This class does not contain any sensitive content. However, parents are encouraged to discuss financial goals and practices at home to reinforce what learners are taught in class.
Supply List
A notebook and pen/pencil for taking notes and completing homework. Access to a digital budget template (which will be provided).
External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.
Joined July, 2024
5.0
4reviews
New on Outschool
Teacher expertise and credentials
Florida Teaching Certificate in Elementary Education
I have a background in teaching elementary core subjects, including math and real-world problem-solving. I’ve also worked extensively in educational technology, making complex concepts like financial literacy fun and accessible for young learners.Reviews
Self-Paced Course
$10
weekly or $40 for all content4 pre-recorded lessons
4 weeks of teacher support
Choose your start date
1 year of access to the content
Choose your start date
Ages: 7-12
