Budgeting for a Class Party

Introduction

Your class is planning a party! The teacher has given your class a budget of $50,000 JMD to organize the event. You’ll need to decide how to spend the money wisely — on food, games, decorations, and entertainment — while staying within budget.

Can your team plan an enjoyable event without overspending? Let’s find out!

Tips for financial budgeting • Recipes for Wellbeing

Task

In groups, students will:

  1. Research prices for items and services needed for the event (food, drinks, games, music, prizes, etc.) using local online sources.

  2. Create a budget plan showing estimated costs and totals.

  3. Present the plan in a digital format (Google Slides, Excel sheet, or Canva poster).

  4. Justify spending choices in a short written explanation.

 Importance of Financial Budgeting in an Organization.

Process

  1. Form groups of 3–4 students.

  2. Assign roles:

    • Researcher (finds prices online)

    • Accountant (records and calculates costs)

    • Designer (creates the digital presentation)

    • Presenter (explains final budget)

  3. Research:

    Use online stores, supermarkets, and party supply websites to find real prices.

    (Example: Pricesmart, MegaMart, Fontana, Hi-Lo, or local catering sites.)

  4. Calculate:

    • Add all costs

    • Subtract from $50,000 to ensure you don’t overspend

    • Adjust if necessary

  5. Create your presentation showing:

    • Itemized budget

    • Total expenditure

    • Savings (if any)

  6. Present your plan to the class or submit digitally.

 Party Planning on a Budget: Tips for Creating Great Memories Without Draining Your Wallet

Evaluation

Partying on a Budget & a Party Planning Checklist

Criteria Excellent (4) Good (3) Fair (2) Poor (1)
Accuracy of Calculations All calculations correct 1–2 minor errors Several errors Many errors
Realism of Budget Realistic prices and logical spending Mostly realistic Some unrealistic items Unrealistic plan
Team Collaboration All members contributed Most participated Unequal participation Little cooperation
Presentation Clear, creative, well-organized Clear but basic Lacks creativity Disorganized
Conclusion

Through this WebQuest, you’ve learned how mathematics helps in real-life decision-making — balancing needs, wants, and resources. Smart budgeting requires not only calculation skills but also teamwork and critical thinking!

Credits