Budgeting and Financial Management
ESL Lesson PlansBudgeting and Financial Management

Budgeting and Financial Management

This ESL lesson plan focuses on reading skills to help students explore effective budgeting and financial management strategies in a 60-minute individual lesson. Aimed at B2-level learners, the lesson covers essential financial concepts through dialogues, discussion questions, and exercises on discursive text structures like contrasting arguments, problem-solution, and cause-effect relationships. Students will engage with practical financial scenarios, analyze budgeting strategies, and apply learned techniques by creating a mock budget and sharing prioritization strategies.

Skills

  • Can recognise different structures in discursive text: contrasting arguments, problem–solution presentation and cause–effect relationships.
Online Interactive
Based on CEFR
Fully Customizable
1

Read the dialogue between Emily and Dave.

01:11
E
Emily
Hey, Dave. How was your trip to Europe? It sounded amazing from all the pictures and stories you posted.
D
Dave
Oh, it was incredible. I had such a great time. But now I just need to recover financially!
E
Emily
What do you mean?
D
Dave
Well, I didn't really budget or save money before going on the trip. So now I have quite a bit of credit card debt.
E
Emily
Yikes. That's not good.
D
Dave
Yeah, it's not my brightest moment. How about you? You've always been so good with managing your finances.
E
Emily
Thanks! I try. I actually recently started using a budgeting app that has been super helpful in tracking my expenses and setting financial goals.
D
Dave
Really? Which one is it? Maybe I should give it a try.
E
Emily
It's called Mint. It creates a budget based on your income and spending habits, and sends reminders for bills and savings goals too.
D
Dave
Wow, that sounds perfect. I need something like that. Do you set aside money for emergencies or big purchases too?
E
Emily
Definitely. I have different categories within my budget for those things. It helps me not overspend and have some savings for unexpected expenses.
D
Dave
Sounds like you have everything under control.
E
Emily
Well, I'm still learning. Budgeting and saving money are important skills to have.
D
Dave
I totally agree.
2

Answer the question about their conversation.

3

Discuss the following questions.

4

Read the text about effective tips to help you stay on budget and secure your financial future.

5

Choose the correct answer to the following questions.

6

Read the text to learn how to make complex topics, such as budgeting, more understandable.

7

Find three examples of the following topics in the text on budgeting (task 4).

8

Make a plan to manage your finances.

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