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Financial Knowledge

Can you finish budget planning game in about 35 min?

Budget Planning Game

You will personal budgeting needs wants savings.

Duration35 min
Age GroupAges 10–16
DifficultyIntermediate
SubjectFinance
Activity Preview

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Concept

What this lesson teaches

Personal budgeting needs wants savings.

Materials

What you need

  • Paper
  • Pencil
  • Calculator
  • Markers
  • Sticky notes
Steps

How the activity runs

  1. Gather materials: paper, pencils, calculator.
  2. Choose a monthly income amount to start with.
  3. List all necessary expenses like food and transport.
  4. Allocate your income to each expense carefully.
  5. Track your savings and adjust if needed.
Why It Works

The learning connection

Experiential learning with financial constraints — even simulated — creates emotional understanding of budgeting trade-offs that purely mathematical instruction cannot replicate. Making allocation decisions under a fixed total activates the same cognitive and emotional processes as real financial planning.

Extend the Lesson

Try it with your learner

1. Get 5000 rupee income. 2. List needs. 3. Allocate. 4. List wants. 5. Allocate remaining. 6. Calculate savings.

Financial Knowledge35 minAges 10–16Grade 5–10Sign in to save this activity
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