Know
I can create a personal budget by identifying my income, tracking my expenses, and making choices that help me manage my money responsibly.

Do
Budgeting activity!

Show
Engagement in class and activities.

​

​Know, Do, Show, Improve

“What do we pay tax for?”
“Give me one need and one want.”
“What happens if you spend more than your income?” 

Jamie’s Payslip – November 2025

Employee Name: Jamie Taylor

Job Title: Shop Assistant

Pay Period: 1st – 30th November

Earnings

Needs vs. Wants...

Need: rent, food, travel
Wants: social, clothes (non-essential), savings, internet

Sort each expense into needs and wants.

​Station 1 - Your Life, Your Budget!

Pick a scenario card:

• You have just started a part-time job.

• You travel 5 days a week.

• You live at home but pay for some bills
  

Budget with:

• Monthly income

• Provided list of common expenses

• A blank budgeting sheet

You must keep within the income!

​Station 2 - Curveballs

Give each group a curveball card:

• “Your phone screen breaks: -£60”

• “A friend invites you out: -£25”

• “You get a bonus at work: +£30”

Learners adjust their budget and decide:

• Do they need to cut anything?

• Can they still save?