|Objective||To teach children how to be money smart; how to budget, save and spend and still be financially successful.|
Have your kids create a spending tracker. The children will be responsible for filling it out and updating it whenever they make money or spend it.
1. Have your kids create a table full of rows and columns, you could show them how to do this on the computer and then you can print or photocopy more as needed.
2. When they make a deposit or a withdrawal they record the date, give a description of the transaction and the amount that they have added in or taken out.
3. Have them add or subtract from their total and record the new total.
Note: If possible, teach your kids how to set this up on a spreadsheet or teach them how to use Quicken.
Mark this activity as complete when you have a spending tracker set up, have a solid understanding of how it works and are able to update it yourself.
Track your progress and earn badges!
This activity is included in the following:
|Age Range||7 8 9 10 11 12 13 14 15 16 17 18|
|Tags||Logical-Mathematical Intelligence Budgeting Counting Saving|
This is a budgeting worksheet that you can print off and use with your kids to track their spending.