Activity: “My Weekly Budget”

Instructions:

• Give each student a worksheet with a simple budget template (columns for income, expenses, savings goal, and balance).
• Assume each student has a weekly allowance of [amount], such as 1000 Naira.
• Have them list some expenses (snacks, small toys, school items) and decide how much they’ll allocate to each.
• Encourage them to set a small savings goal as part of their budget.
• Calculate the remaining balance after budgeting for each item.

Discussion: Review how each student budgeted their allowance and discuss the importance of balancing needs and wants within a budget.

Reflection: Ask pupils to share their experience of budgeting. What did they find easy or hard? Why is it important to save some money instead of spending it all?