Shopping with a Budget
| Category | Cognitive Development |
| Resource Owner | Compassion International |
The lesson “Shopping with a Budget” helps to develop motivation and knowledge in children to enable them to be economically self-supporting in the future and helps them to understand the basic principles of managing money and credit. With an understanding of basic budgeting principles, the children will practice simple mathematical calculations through spending money in a pretend store. This will help them to understand the concept of shopping within a set budget. The lesson includes guided instructions for the teacher, including preparation, a script, and suggested activities to facilitate further learning in a fun and interactive manner. This lesson is designed for children between 6-8 years, and is the 41st lesson in the 1st Year “Managing Money” unit.
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