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Fun Money Management Groups

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Fun Money Management Groups

Fun Money Management Groups

Students working together with money and calculators

💰 Part 1: Group Budget Challenge

Work with your group to plan a fun day out! You have $200 to spend.

1. Choose your group's activities (check all that apply):

Cinema tickets - $15 each

Mini golf - $12 each

Bowling - $18 each

Ice skating - $20 each

Arcade games - $25 each

2. Calculate your total cost for 4 people:
3. How much money will you have left over?

🛍️ Part 2: Smart Shopping Game

Your group is shopping for a birthday party. Compare prices and make smart choices!

4. Which shop offers the best deal for party balloons?

Shop A: 20 balloons for $8.00

Shop B: 15 balloons for $6.75

Shop C: 25 balloons for $9.50

5. Show your working to prove which shop is cheapest per balloon:
6. Match the money-saving tips with their benefits:
1. Compare prices
2. Use coupons
3. Buy in bulk
4. Make a shopping list
A. Avoid buying unnecessary items
B. Get discounts on purchases
C. Find the best deals
D. Save money on large quantities

🎯 Part 3: Earning Money Challenge

Your group wants to raise money for a school trip. Plan your fundraising!

7. Fill in your group's fundraising plan:

We will sell _____________ for $_____ each. If we sell _____ items, we will earn $______. Our costs will be $______, so our profit will be $______.

8. Design a poster for your fundraising idea:
9. Which fundraising idea would make the most profit?

Sell 50 cupcakes at $3 each (costs $75 to make)

Sell 30 bookmarks at $5 each (costs $60 to make)

Sell 40 keyrings at $4 each (costs $80 to make)

💡 Part 4: Money Management Scenarios

Discuss these scenarios with your group and choose the best financial decisions!

10. Sarah gets $20 pocket money per week. What's the best way to manage it?

Spend it all immediately on lollies

Save $10, spend $10 on fun things

Save it all and never spend any

11. Your group's advice for saving money (write 3 tips):
12. What are good reasons to save money? (check all that apply)

For emergencies

To buy something special later

To help others in need

To learn good money habits

For future education

🏆 Part 5: Group Reflection

Work together to complete these final questions about what you've learned!

13. The most important thing our group learned about money management:
14. One money goal our group will set for this month:
15. Rate how well your group worked together:

Excellent - everyone participated and helped

Good - most people contributed ideas

Okay - some people participated

Needs improvement - we need to work better as a team

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