Learning Advantage CRE4373-A1 The Budget Game

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Students are randomly assigned a career and salary, and must then create their own spending plan around the money they have. There are “musts” that students will need to spend their beans on, and then there are other categories that they get to choose if they want, or not. Just like in real-life budgeting!

Kids are going on a cross-country trip with this online game, and they need to figure out how to budget for it. Can you manage your money for three months? There are bills to pay, food and travel to budget for, plus loads of fun things to spend your money on. Get it right and your happiness will soar, but spend too much and you’ll have a financial headache! That way, they’re self-discovering budgeting money lessons both from the budget board game, AND from actually budgeting in real life. Here’s a mama who took control of her fears that her teens didn’t know how to create a monthly budget…by creating her own game for it. For example, one month you might find out that someone in your family broke their leg. If you used part of your salary to pay for insurance that month, then you’re good to go. Did you skimp on insurance? You lose 3 beans.However, just like in real life, you can’t just spend all your income on paying down debt. You must budget both for real life monthly expenses, as well as for paying down that debt. Not only does this game care about bills being paid and savings accounts increasing in size; you also get social well-being points depending on how a teen spends their money. You get a “Life” card that tells you how much you earn for a living, what you do, what your family life looks like, and your monthly expenses. The first person who gets out of debt and can yell “I’m Debt Free!” wins the game. Budget – Real World Math

Even better – you could use one of these budget games for youth alongside them filling in their own budget sheets. Here’s a twist on the “traditional” budgeting games out there – in this one, kids will need to plan their budget before they actually get to Payday on the board. What makes this one different from The Bean Game Activity – aside from the cute printables – are the life issues and circumstances being thrown at teen teams who are playing it.

Students will answer a total of 15 financial literacy questions, and make 12 movie-related decisions (like decisions on marketing, on actors, etc.) that will determine if they can, in fact, produce a 5-star movie. Now, onto those budget board games – including free budget printable games, budget board games, and budgeting games for youth online. Budget Games for Youth (Free Printables) Looking for a great budget board game to help your child self-discover some important money management life skills? Think of beans as money, and each student gets to figure out how they’d like to spend the 20 jelly beans they start this game with.