Using Intuit's Mint App, Budgeting for Income and Expenses Simulation has been created as a real-world, hands-on technology activity to accompany the lesson plan Income and Expense Statement. There is a 1-day or a 3-day option for this simulation.
Visit the Intuit Simulations page for additional simulations and the how-to guide. Be sure to do the Introduction to Mint Simulation before completing the Budgeting for Income and Expenses Simulation.
- Explain the purpose of creating a personal budget, also known as a spending plan
- List common personal expenses that may appear on an income and expense statement
- Analyze a personal budget and make recommendations for improved financial well-being
- Reflect upon the learning outcomes and ways to promote the value of creating a budget