Financial Literacy Series: 💰 Family Financial Literacy Activity: "Build Your Dream Day on a Budget"

🎯 Goal:

Teach kids (and even adults) how to make spending choices, compare value, and understand budgeting—all while planning a fun day together.

🧩 How It Works:

1. Set a Budget
   Give your family an imaginary budget (e.g., $100 or $250). You can tailor the amount based on your kids' ages.

2. List Options
   Create a menu of real-life activities and their costs.

3. Plan Your Day
   Have each family member create their own "dream day" or vote on one family plan—but they can’t go over budget!

4. Discuss Choices
   Ask questions like:

   • Why did you choose this over that?

   • What would you need to give up to include something else?

   • How would you plan ahead to afford a more expensive activity?

🧠 What It Teaches:

• Prioritizing wants vs. needs

• Trade-offs and opportunity cost

• Budgeting and basic math

• Working together as a family to make money decisions

🛠 Bonus Add-On:

Create a simple printable worksheet for kids to:

• Add up their choices

• Draw or describe their “dream day”

• Reflect on what they learned

At MakeCentsBookkeepingllc we can categorize your transactions, reconcile your business accounts, and provide your business financial statements.