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Personal Money Management Basics

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Personal Money Management Basics worksheet preview

Personal Money Management Basics

Money management illustration

💰 Part 1: Your Money Story

1. Do you have a bank account?

Yes, I have my own bank account

No, but I want one

No, I don't need one yet

2. How do you usually get money? (Check all that apply)

Pocket money from parents/caregivers

Part-time job

Gifts from family

Doing chores around the house

Other: _______________

3. What do you usually spend your money on?
4. Have you ever saved money for something special? If yes, what was it?

📊 Part 2: Spending vs Saving

5. Which of these are examples of spending on NEEDS? (Check all that apply)

School lunch

Video games

School supplies

Lollies and snacks

Transport to school

6. List three things you could save money for in the future:

a) _________________________________

b) _________________________________

c) _________________________________

7. If you received $20 as a gift, how would you use it?

I would spend $ _______ on: _________________________

I would save $ _______ for: _________________________

📝 Part 3: Creating Your Money Plan

8. Imagine you receive $15 per week. Complete this simple budget:

Weekly Budget Plan

Total weekly money: $15.00

Saving: $ _______ (What percentage is this? _____% )

Spending on needs: $ _______

Spending on wants: $ _______

Total planned: $ _______ (Should equal $15.00)

9. What is one thing you will do differently with your money after today's lesson?
10. Why is it important for teenagers to learn about money management?

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