Budget Differentiation
3
Skills – Budgeting Rationale: Tiering this lesson allows students to begin at their current level and progress at their own speed. Benchmarks: Transitional Skills, Math DI Strategy: Tiered assignments Differentiate What? Process Differentiate How? Readiness and Interest Resources needed: 1. At least two Sunday and one week of newspaper classified and grocery ads 2. Budget outline, including fixed/flexible (more detailed for independent living situation for advanced students) or necessary/luxury (less detailed such as allowance spending for less independent learners). Teacher preparation: 1. Provide introductory lesson on budgeting and terms. 2. Brainstorm with class on fixed/necessities, flexible/luxury items, varying expenses, wants/needs, etc. 3. Collect newspapers. 4. Prepare worksheets at different ability levels (copy attached) (day-week-month allowance for lower; independent living by week-month-year for higher). Explanation of activity: 1. Students use newspapers to research items for their specific budget needs (living at home, semi- independently, independently). 2. Students have time for a reality check (of appropriate usage of money to match budget) with
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Differentiation with budgeting
Transcript of Budget Differentiation
Skills BudgetingRationale: Tiering this lesson allows students to begin at their current level and progress at their own speed.Benchmarks: Transitional Skills, MathDI Strategy: Tiered assignmentsDifferentiate What? ProcessDifferentiate How?Readiness and InterestResources needed:1.At least two Sunday and one week of newspaper classified and grocery ads2. Budget outline, including fixed/flexible (more detailed for independent living situation for advanced students) or necessary/luxury(less detailed such as allowance spending for less independent learners).Teacher preparation:1. Provide introductory lesson on budgeting and terms.2. Brainstorm with class on fixed/necessities, flexible/luxury items, varying expenses, wants/needs, etc.3. Collect newspapers.4. Prepareworksheets at different ability levels (copy attached) (day-week-month allowance for lower; independent living by week-month-year for higher).Explanation of activity:1.Students use newspapers to research items for their specific budget needs (living at home, semi-independently, independently).2. Students have time for a reality check (of appropriate usage of money to match budget) with teacher/aide before final product is due.3. Students can take 3-5 days to complete, depending on class schedule, readiness and speed of work.4. Teacher facilitates and assists with student problems5. A follow-up activity would be to have students find a job to support their budget.Assessment:Student product appropriate worksheet
BUDGET WORKSHEET(Semi-Independent Living)FIXED EXPENSES: TOTALS (Day/Week/Month)A. Housing: Mortgage______________Rent__________________________ Electric ___________ Gas______________________________ Insurance:_____________Taxes:_________________________B. Food:home ___________eat out______________________________C. Transportation: Car payment:_________ gas:________ Insurance:________________________ Repairs: _________________________ Mass transit:_________________________________D. Health: Insurance pmt.:_______First Aid:__________________E. Household supplies: Cleaning:_____________________ Repairs:__________________________________ F. Grooming: Toiletries ____________________________ Clothes: ___________________________________________G. Miscellaneous:________________________________________________FLEXIBLEEXSPENSES:A. Cable: ____________ Satellite: ______________ B. Eating out: ________________________________C. Entertainment: at home:_____________________Going out: ___________________D. Other:_____________________________________
