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Cost of Having a Baby – Baby’s First Year Financial Literacy Project

Cost of Having a Baby – Baby’s First Year Financial Literacy Project

File Type: ZIP Folder, PDF
Grade Levels: 8-12

This eye-opening, easy-prep personal finance activity will help students understand the actual cost of raising a child for one year.

$4.00

Description

Eye-opening, easy prep personal finance project where students will learn the actual cost of raising a child for one year. Students will learn real-world math skills by researching the costs of essential baby supplies, as well as calculating how many diapers and ounces of formula a baby will use in a year. Students will also draw a ‘chance’ card that may increase or decrease their overall cost. Great lesson for math, economics, family and consumer sciences, child development classes, and more.

Includes a Cost of Having a Baby Worksheet, Baby Supply Costs Spreadsheet, Gender Reveal Cards, and 24 Chance Cards. The Answer Key is also included.

Prefer a digital version of this activity? It can be found here. A bundle of digital and paper formats can be found here.

Students will start by drawing a Gender Reveal Card to learn if they’re having a boy, girl, or twins! They’ll then answer questions on a worksheet that guides them through calculating the number of diapers and ounces of formula a baby will use in a year, as well as medical expenses associated with having a baby. They will then complete a spreadsheet that prompts them to look up the costs of common essential baby supplies. The activity concludes with students drawing a ‘chance’ card that may increase or decrease their total! Examples can be seen in the preview.

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Financial Literacy
Financial Literacy
Middle School Math
Middle School Math
Geometry
Geometry
Algebra
Algebra
Statistics
Statistics
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