My First Budget

Create a simple monthly budget for a fictional allowance. Decide how much to put into savings, spending, and a goal—then see how long your goal will take.

Budget Setup

Savings: 30% $12 / mo
Goal: 30% $12 / mo
Spending: 40% $16 / mo
Spending adjusts automatically so everything adds up to 100%.
Savings this month
$12
Goal this month
$12
Spending this month
$16
Goal progress
With $12/mo toward your goal, you'll reach $60 in about 5 month(s).
Months saved: 0

Your Budget at a Glance

Savings
Goal
Spending
Unused (if any)

Teacher Tips

  • Use a fixed allowance (e.g., $40) or let students pick their own.
  • Ask students to explain why they chose each percentage.
  • Have students change one slider and predict what changes.
  • Challenge: adjust goal cost to see how months-to-goal changes.