Budgeting - Classify Expenses

Activity Description

In this interactive and engaging activity, students will sharpen their budgeting and categorization skills by sorting given expenses into predefined budget categories. Through a user-friendly drag-and-drop interface, students will categorize expenses into one of eight distinct categories. This exercise reinforces their understanding of various types of expenses and the importance of systematic expense tracking for effective financial planning.

The eight categories given are

1. EDUCATION
2. TRANSPORTATION
3. FOOD AND DRINKS
4. PERSONAL CARE
5. COMMUNICATION
6. SAVINGS AND GOALS
7. ENTERTAINMENT
8. MISCELLANEOUS

To find more such budgeting activities take a look at our full-fledged budgeting lab

Learning Objective

Students will develop the ability to categorize given expenses into predefined budgeting categories. This activity reinforces their understanding of different types of expenses and hones their budgeting skills.

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