Financial Literacy & Stem

We’ve all been there. A class party is coming up, and you’re staring at a budget, wondering how to pull it together without spending hours on planning. What if you handed the planning over to your students?

That’s right, let them design the party, stick to a budget, and make the big decisions.

Not only will you save yourself some stress, but your students will also practice STEM skills and financial literacy in a way that feels real and exciting.

Why Financial Literacy & STEM Matter in Upper Elementary

This project hits two birds with one stone. On one side, you’ve got STEM. For upper elementary students, STEM isn’t about fancy equations; it’s about problem-solving, creativity, and figuring things out when they don’t go as planned. Students learn to work together, test ideas, and come up with solutions that actually work.

On the other side, there’s financial literacy. And let’s be honest, this is one of the most practical skills our kids can learn. They get to budget, compare costs, and make trade-offs like “Do we want more snacks or should we spend a little extra on games?” These are small decisions that build a big foundation for smart money habits later.

Financial Literacy

 

The Resource Financial Literacy Resource That Brings It All Together

That’s where my Literacy Planning Party Project comes in. This editable Google Slides resource gives your students everything they need to take over the planning. With 14 interactive slides, they’ll walk step by step through creating a realistic budget, identifying needs vs. wants, comparing costs, and pitching their final plan.

Because it’s fully editable, you can adapt it to fit your classroom. Want to keep things simple for 5th grade? Done. Want to add complexity for middle schoolers by factoring in taxes or delivery fees?

Easy.

The slides do the heavy lifting, so you don’t have to create templates or start from scratch.

What’s Included

Inside this resource, your students will find:

  • Step-by-step guidance to introduce the project and set clear goals.

  • Budget planning activities to decide how much to spend on food, games, and decorations.

  • Needs vs. wants comparisons so students think critically about priorities.

  • Research prompts for comparing the costs of snacks, supplies, and entertainment.

  • STEM-inspired planning slides to design, organize, and visualize their ideas.

  • Final presentation slides where each group pitches their party plan to the class.

This structure makes it easy for students to stay on task and for you to manage the process without getting buried in logistics.

 

How It Works in the Classroom

Here’s a simple timeline that works well for most teachers:

  • Day 1: Introduce the project, set the budget, and form groups. Walk through the difference between needs and wants.

  • Day 2: Students research, compare costs, and make their first budget drafts.

  • Day 3: Groups finalize their slides and prepare their presentations.

  • Day 4: Each team presents their party plan, and the class votes on the best one.

Even if you don’t have time for a full party, you can run this as a mock challenge and still give students all the benefits of the experience.

Teacher Tips to Make It Run Smoothly

  • Set clear limits. Give students a realistic budget right at the start. Constraints actually drive creativity.

  • Provide resources. Offer catalogs, store ads, or approved websites for price comparisons.

  • Encourage collaboration. Assign roles like budget manager, designer, and presenter to keep everyone involved.

  • Support decision-making. Let students debate and vote on choices to build teamwork and communication skills.

  • Keep it age-appropriate. For younger students, focus on simple choices like snacks vs decorations. For older grades, add complexity like sales tax or delivery fees.

Extension Ideas

Want to take this project even further? Try these add-ons:

  • Math Connections: Have students calculate unit prices (cost per ounce or per item) to compare deals.

  • STEM Design Challenge: Ask groups to prototype a decoration or game using classroom materials.

  • Writing Tie-In: Have students write a persuasive paragraph explaining why their plan is the best.

  • Reflection Journals: After the project, ask students to reflect on what worked, what didn’t, and what they’d do differently next time.

Teachers tell me this resource is a lifesaver because it’s both engaging and practical. Students aren’t just busy, they’re learning real skills that connect directly to math, money management, and teamwork.

And let’s be honest, watching your students get excited about sticking to a budget is kind of amazing. They love the ownership, and you get to see them apply their math and decision-making skills in a way that feels completely authentic.

It turns what could be a stressful event for you into an empowering, student-led project. And who doesn’t love that?

Reflection Questions for Students

To wrap things up, here are a few questions you can use to help students reflect after the project:

  • Did your budget work out the way you expected?

  • What was the hardest decision your group had to make?

  • If you had more money, what would you change about your plan?

  • What did you learn about budgeting and financial planning?

These conversations help students make connections between the classroom project and real-life financial choices.

Ready to Try It?

Want to make your next class party less stressful and a whole lot more meaningful? Grab the Financial Planning Party Project and let your students take over the planning. You’ll be amazed at what they come up with when they combine STEM thinking and financial literacy with the excitement of party planning.

👉 Check out the resource here

 

If you want to take your students’ financial literacy learning even further, check out a couple of great resources. This practical guide for middle school teachers offers tips and ready-to-use ideas for teaching money skills in a hands-on, meaningful way. You can also look at these low-prep math games and activities, which make practicing math and financial concepts fun and interactive for students.

StudentSavvy