107 Planning a Small Party

👩‍🏫 Teacher’s Guide

Objective
Students will learn how to plan a small event by choosing items, comparing prices, making a budget, and deciding what they can afford.

Vocabulary
budget, cost, total, plan, spend, choose

Teaching Notes

• Explain that a budget is a limit on how much money can be spent.
• Show how to compare choices: "If we buy snacks for $3, do we still have enough for drinks?"
• Use real or pretend party items: cups, snacks, balloons.
• Practice adding and subtracting with $1–$5 prices.
• Encourage teamwork: plan a party with a partner.

🧒 Student Worksheet

Concept and Helping Material

A budget helps us decide what we can buy.
We must look at prices, add them, and make a plan so we do not spend too much.

Hands-On Experiment or Activities

What You Need:
Play money, paper plates, snacks (fake or drawn), price tags ($1–$4)

What You Do:

1. Give students $8 as their party budget.
2. Show 6–8 items with prices.
3. Students choose items and add the total.
4. Students must stay within the budget.
5. Share party plans with the class.

Vocabulary and Definition

• — a limit on money you can spend
• — how much something is
• — all amounts added together
• — to pick something

Words to Learn

, ,

Questions to Answer

Story:
Evan is planning a tiny party with $8.
He wants juice for $3, cookies for $2, and balloons for $4.

1. How much does the juice cost?

2. How much do the cookies cost?

3. How much do the balloons cost?

4. If Evan buys juice and cookies, what is the total?

5. How much money will he have left if he buys juice and cookies?

6. Can he buy balloons with the $3 left?

7. What could Evan change in his plan to stay within budget?

🧮 Finance Math Practice

1. You have a party budget of $6. Snacks cost $3 and cups cost $2. Total?

2. Left after spending $5 from $6?

3. Balloons are $4. You have $3. Enough?

4. You buy two items: $2 and $2. Total?

5. You have $8. You buy items for $3 and $4. Left?

6. You want to buy a $5 cake but only have $4. What must you do?

7. Cups cost $1. Plates cost $2. Total?

8. A snack is $3 and a drink is $1. Budget is $4. Can you buy both?

9. You buy items for $1 + $3 + $2. Total?

10. Your budget is $7. You spend $6. Left?

Reflection

• Why is a budget important?

• If you planned a party, what would you buy first?