Curated OER
Good News and Bad News: Income and Taxes
Students examine Internal Revenue Service (IRS) Form 1040, citing particular line items that are pertinent to an artist acting as an entrepreneur. They explore various sources of income and the importance of keeping accurate income records.
Federal Reserve Bank
Your Budget Plan
What do Whoosh and Jet Stream have in common? They are both characters in a fantastic game designed to help young scholars identify various positive and negative spending behaviors. Through an engaging activity, worksheets, and...
Curated OER
Extra Credit: It’s No Fairy Tale
Students discuss their knowledge of payday loans and credit cards. In this Economics lesson, students complete a read an article and Q&A activity in groups, and play a vocabulary bingo game and a quiz game on payday loans. Students...
Curated OER
Interest Income
Students identify taxable interest income, and report taxable and tax-exempt interest income.
Curated OER
Money Smart Choices
High schoolers make choices regarding money management. In this personal finance lesson, students explore budgets, incomes, and expenses as they learn vocabulary regarding personal finance and consider how to create personal...
Curated OER
What is the Importance of Developing Job Skills?
Financial literacy is the way to teach! The class works in small groups to discover the relationship between education and income level. They use their math and problem-solving skills to complete two different activities. They work out a...
PLS 3rd Learning
Budget Basics
Prepare young adults for life with various budgeting activities. Exercises include identifying fixed, variable, and discretionary income, and creating a budget based on a realistic projected income. The required website allows teachers...
Curated OER
Invest In Yourself
Students learn about budgeting, saving, dept, financial management, opportunity cost, and self-regulation. In this financial management lesson, students apply their knowledge of finance components and create their own web based plan...
Curated OER
Family Financial Profile
Students investigate the cost of living. In this financial awareness lesson, students play a game to simulate various family situations and their incomes. Students choose activity cards and record information on their family profile...
Curated OER
Money and Credit: Making Good Decisions
Students participate in activities that teach them how to manage money. In this managing money lesson plan, students set long and short term goals for economic success by having discussions, identifying benefits of saving, and...
Curated OER
The Art of Budgeting
Students create a plan to achieve personal and financial goals. For this budgeting goals lesson, students identify their sources of income and discuss being financially independent. Students record their monthly expenditures and present...
Curated OER
Class of 2000 - Student Loans
Students determine how they will finance their postsecondary education. In this student loan lesson, students create spreadsheets that help them budget their first year of college. Students identify methods to fund the budgets and...
Curated OER
"Tarantula Shoes," by Tom Birdseye
Students read a book and explore spending, saving, opportunity cost, and trade-offs. They keep a diary of expenses to track their spending and examine their opportunity costs.
Centennial College
Break-Even Analysis Worksheet
In this business worksheet, students compute various word problems given the fixed and variable costs involved. Then they identify from a list which are variable and which are fixed costs. Students also describe the difference among a...
Curated OER
Filing Status
Students examine then discuss the rate at which income is taxed and the five filing statuses. They complete online simulation worksheets then they answer a list of questions.
Curated OER
Desperation: The Great Depression
Students examined the feelings of hopelessness that can result from losing
their income, much like one-third of Americans experienced during the Depression in a small group lesson of a mock household. Students create a household budget...
Federal Reserve Bank
The Free Silver Movement and Inflation
Why are US dollars no longer backed by gold and silver? What is our medium of exchange, and what would it be like to live in a barter economy? Learners consider these questions, as well as learn about the major historical events in the...
Federal Reserve Bank
Savvy Savers
What are the benefits and risks of saving in an interest-bearing account? Pupils explore concepts like risk-reward relationship and the rule of 72, as well as practice calculating compound interest, developing important personal...
Curated OER
Advanced Matching - Finances
In this financial terms worksheet, students draw a line from the financial terms on the left to their matching meaning on the right. There are 15 terms and definitions to match up.
Curated OER
Budgeting-It Is For Everyone
Students complete a simulation designed to show them the importance of budgeting and avoiding living paycheck to paycheck.
Curated OER
Balancing a Budget
Students investigate money management. For this secondary mathematics lesson, students participate in a cost-of-living budget simulation in which they calculate monthly and yearly projected costs. Students investigate housing...
Curated OER
Choice, Opportunity, Cost and Decisions
Students discuss the definition of scarcity and tradeoffs, and the differences between choice and cost. They create budgets and must provide tradeoffs for some of their choices.
Curated OER
Calculating The Poverty Line
Students examine the poverty line. In this poverty line lesson, students discover what the poverty line is and how the U.S. government determines it. Students calculate alternative poverty lines and examine their implications.
Curated OER
A Money Plan
Young scholars discuss what a budget is and its purpose. They create a draft of a simple budget that they could possible use. They discuss their trade-offs when they choose to follow a budget.