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Budgeting for the Holidays

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Join Thrifty and Fritter as they travel to the mall for some holiday shopping. While Fritter “shops with his eyes” and wants to buy everything he sees, Thrifty cautions him about only buying what he can afford. This lesson in budget planning takes a closer look at income and expenses and shows young shoppers what careful money management means. While evaluating which gifts you can afford on your imaginary shopping trip, you’ll need to determine the correct amount in bills and coins. Next, you’ll compare new and used goods to decide which is the best value for your wants and needs. Finally, you’ll be challenged to help Thrifty and Fritter choose goods and services for a holiday event—all within a budget, of course! These engaging lessons in holiday finance will help you navigate budgets throughout your life. Are you ready to begin?

In this issue students will:

  • understand that a budget is a spending plan
  • determine holiday gifts that are affordable within a budget
  • differentiate between income and expenses
  • calculate sums using money
  • plan a holiday gathering using items in the news
  • determine number of coins and bills that total a precise amount
  • compare cost and benefits of “new” versus “used” items
  • write a new ending to an old adage about saving a penny

7 page PDF