Federal Reserve Bank
Income Taxes
Most adults dread April 15 — tax day! Tax preparation can be intimidating even for adults. Build confidence by leading individuals through the process and then give them a scenario to practice. The exercise uses tax vocabulary to give...
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
Learning to Spend, Learning to Give
Students explore the concept of personal finances. In this personal finances lesson, students identify their income and expenses. Students create a budget for their spending, saving, investing, and donating habits. Students draw graphs...
Curated OER
Why Would I Owe My Soul to the Company Store?
Sixth graders listen to "Sixteen Tons" by Tennessee Ernie Ford and discuss what it means to owe one's soul to a store. In this mathematics lesson, 6th graders determine what a miner's income was minus his expenses graphing findings in a...
Curated OER
Preparing an Income Statement
Tenth graders discuss the contents of income statements. In this accounting lesson, 10th graders are introduced to the parts of an income statement. Students practice filling out the four parts of an income statement, and...
Curated OER
Show Me the Money
Pupils investigate financial applications of mathematics in this mathematics instructional activity. They will investigate equations that represent a company’s income, expense, and profit functions and use those equations to identify...
Curated OER
Budgeting: Vacation Planning
In this vacation planning worksheet, students plan a vacation. They determine the approximate cost of their vacation. Students complete an itenrary and graphic organizer to identify daily costs of the vacation. ...
Curated OER
Profit and Loss
Students analyze the concept of profit and loss, the components of a simple profit and loss statement and the importance of a profit and loss statement. They calculate profits using gross income, total expenses and cost of goods sold....
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...
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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...
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
Budgeting 101
Students identify various sources of income and discern between needs and wants as they also learn to create a personal budget. In this personal budget instructional activity, student understand financial scenarios as they relate...
Curated OER
Budgeting for the Future
Eighth graders determine the net amount of an income for a fictional job. They must determine their net worth minus standard deductions. Students must then determine their monthly budget including, groceries, credit, and rent.
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...
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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
Balancing a Budget
Students calculate living expenses for a non-traditional career choice. They examine interest, balancing a checkbook, and financing cars and homes.
Curated OER
Introduction to the National Debt
Students relate the national debt to the economy. In this algebra lesson, students discuss what the national debt is, create a national budget based on priority and what the government should spend money on. They analyze their findings...
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...
Visa
The Art of Budgeting
Class members learn how to set up and maintain a personal budget through discussion, financial planning worksheets, and a brief PowerPoint presentation.
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...