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Activity: Budgeting "with Beans"
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This collection features resources to support teaching Module 6C: Applying Personal Spending Plans from the Saskatchewan Financial Literacy curriculum.  In Round 1, students learn to allocate their "20 bean salary" according to which options they want to spend their beans on. Round 2 forces the students to reduce their salary to 13 beans and make decisions about where they should make their "cuts". Round 3 includes some "life happens" challenges that allow students to make more decisions on where to move the beans in order to deal with the situations. This activity completes with some reflection questions on how this activity relates to budgeting with real income.

Subject:
Financial Literacy
Material Type:
Homework/Assignment
Author:
Cindy Lowe
Date Added:
02/15/2024
Living at Home and Abroad Project
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CC BY-NC
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The purpose of this project is to allow students to calculate their net and gross salary and living expenses in both Canada and a foreign country. The project is divided into three parts - calculating salary, calculating living expenses and comparing the two. The teacher may chose to do only some of the parts depending on time and interest.

The project will cover the topics in the following outcomes: WA 10.10 Apply proportional reasoning to problems involving unit pricing and currency exchange; and WA 10.11 Demonstrate understanding of income.

Students will need to the following background skills:
1. How to research and write a bibliography.
2. Familiarity with the concept of gross income, deductions and net income.
3. Familiarity with the concept of exchange rates.

Subject:
Math
Material Type:
Activity/Lab
Assessment
Date Added:
05/19/2020