Making Choices and Identifying Costs (Lesson 1B)
Introduce the PACED decisionmaking model.
Welcome to the new Federal Reserve Education website. Register an account and start saving favorite resources!
Back to All
New!
Infographics & Comics
Why Budget?
OVERVIEW
Use this infographic to help your students understand how a budget will put them on a path to meet their financial goals. "Why Budget?" introduces your students to the basics of budgeting. The infographic illustrates the difference between sources of income and fixed versus variable expenses through a simple budget plan.
Related Resources
LESSONS & ACTIVITIES
31-45 MIN
VIDEO Q&A
0-15 MIN
Banks and Alternatives 101: Tax Refund Fees
This video assignment assignment examines offers by tax preparers to get your refund faster than normal.
MODULES
16-30 MIN
Your Budget Plan | It's Your Paycheck Lesson 4
Analyze effective budgeting behaviors.
READING Q&A
16-30 MIN
Advertising: Targets, Techniques, and Technology
Explain how advertising creates demand for products or services.
LESSONS & ACTIVITIES
31-45 MIN
Making a Budget—It Is All Spending! (Lesson 5A)
Discover that all elements of a budget are essentially spending on goods and services.
LESSONS & ACTIVITIES
31-45 MIN
The Spending Decision—Colas and Hot Dogs (Lesson 7A)
Introduce decision-making through a simulation.
More in This Series
INFOGRAPHICS & COMICS
Entrepreneurs
Demonstrate what it means to be an entrepreneur.
INFOGRAPHICS & COMICS
Why Develop Human Capital?
Learn about the connection between education level and earning potential.
INFOGRAPHICS & COMICS
Paying Taxes
Feature the different types of taxes people pay.
INFOGRAPHICS & COMICS
Why is Good Credit Important?
Learn about the importance of your credit history.
INFOGRAPHICS & COMICS
Why Should You Save & Invest?
Learn about the value of saving, investing, and the Rule of 72.
INFOGRAPHICS & COMICS
Banks & Interest
Illustrate factors to consider when selecting a bank.
INFOGRAPHICS & COMICS
Insurance
Discuss factors to consider when buying insurance.
INFOGRAPHICS & COMICS
Why Prepare for the Unexpected?
Learn how to financially prepare for emergencies.
