In this lesson, students will make a spending plan for a traditional rite of passage for American teenagers – the prom. In regions or countries where this kind of gathering is not as dominant or appropriate, students can plan an end-of-the-year party for their graduating class or whatever they feel is appropriate. Essentially, the lesson asks for students to work in a small team (two-to-three people) to plan and budget for an evening out.
Personal Finance, III. Managing Finances and Budgeting