What this lesson teaches
This activity introduces children to budgeting by categorizing expenses, enhancing their financial decision-making skills. Understanding budgeting is essential for managing money effectively throughout life.
Financial Knowledge
Can you finish budgeting bingo in about 30 min?
Budgeting Bingo
You will this activity introduces children to budgeting by categorizing expenses, enhancing their financial decision-making skills.
Duration30 min
Age GroupAges 12–13
DifficultyBeginner
SubjectFinance
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What you need
How the activity runs
The learning connection
Using bingo integrates visual elements with decision-making, reinforcing learning through embodied cognition. Children physically engage with the concepts, making budgeting tangible and relatable.
Try it with your learner
1. Create a bingo card with 5 expense categories like food, entertainment, savings, education, and transport. 2. Write down estimated monthly expenses for each category on slips of paper. 3. Place the slips in a bowl and mix them up. 4. Draw a slip and call out the expense — mark it on your bingo card if you have it. 5. The first to mark a row yells ‘Budget Bingo!’ and shares their budget plan. 6. Discuss how these expenses affect savings and how to adjust them for better budgeting.