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Make a Budget - Real Life Math Project Based Learning PBL

Rated 4.76 out of 5, based on 63 reviews
4.8 (63 ratings)
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Math Teachers Lounge
1.2k Followers
Grade Levels
8th - 12th
Resource Type
Formats Included
  • PDF
Pages
19 pages
$6.00
$6.00
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What educators are saying

This was a very engaging project for my students. Many of them struggled with some of the concepts but we got through it. I would definitely use this in future years.
I used the in conjunction with a local bank to do what is called the reality fair. The students really liked it.
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  2. 16 Best-Selling Projects at a BIG discount! 1) Fix Up the House (Area, Conversions, Volume, and Percents)Students work through math problems based on scenarios about purchasing and renovating a home. They have to work within a budget to choose their finishings and renovations.2) Make a Budget Projec
    Price $36.00Original Price $54.00Save $18.00

Description

In this Make a Budget Project, students will learn how to manage their money and budget for a family. Through this project based learning activity, students will budget for expenses from rent, utilities, and car payments, to childcare costs, groceries, health care, cell phones, and savings. Your students will get a glimpse into adulthood and gain REAL LIFE MATH experience!
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The math skills used in this project are:

  • Solving Proportions
  • Calculating Percentages
  • Using Formulas (ie: simple interest)
  • Statistics (Pie Chart)

Students will learn about:

  • Income Tax
  • Household Utilities
  • Loan Interest
  • Health Insurance
  • Creating a visual of their budget (Pie Chart)

Project Parts:

1) Housing

2) Car

3) Cell Phone

4) Food

5) Entertainment

6) Health

7) Childcare

8) Miscellaneous

9) Savings

**Students will also create a pie chart of their spending and a write-up reflection.

Total Pages
19 pages
Answer Key
N/A
Teaching Duration
N/A
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