Saving, Spending, and Income: Save It! (Lesson 5)
In this lesson, students learn about income, saving, and spending.
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Lessons & Activities
31-45 min
Time Preference—Why It Is Hard to Save (Lesson 6A)
Time Preference—Why It Is Hard to Save (Lesson 6A)
OVERVIEW
In this lesson, students investigate the decision to save as a choice between spending now or spending later and how people’s natural preference to enjoy goods and services now affects this decision.
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LESSONS & ACTIVITIES
31-45 MIN
VIDEO Q&A
0-15 MIN
Banks and Alternatives 101: Fees, Fees and More Fees: It all Adds Up
This video assignment weighs the benefits and costs of rent-to-own and “buy here, pay here” options.
MODULES
16-30 MIN
Building Human Capital | It's Your Paycheck Lesson 1
This interactive assignment teaches the link between investment in human capital and earning income.
READING Q&A
16-30 MIN
Banking Basics
This reading assignment describes the differences between banks, online banks, and credit unions.
AUDIO Q&A
0-15 MIN
Fiscal Policy
This audio assignment covers how the government uses fiscal policy to influence the economy.
CURRICULUM UNITS
1 HOUR+
Navigate: Exploring College and Careers
This resource for 7th through 9th graders introduces students to planning for careers and college.
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CURRICULUM UNITS
1 HOUR+
Making Personal Finance Decisions Curriculum
The Making Personal Finance Decisions curriculum teaches valuable personal finance lessons grounded in economic theory.
LESSONS & ACTIVITIES
31-45 MIN
The Wealth Game—Factors for Success (Lesson 1A)
After playing a game simulating wealth creation, students reflect on determinants of wealth: natural abilities, effort, motivation, and luck.
LESSONS & ACTIVITIES
31-45 MIN
Making Choices and Identifying Costs (Lesson 1B)
Students are introduced to the PACED decisionmaking model and grid as a guide to making personal finance choices.
LESSONS & ACTIVITIES
31-45 MIN
The Inventory Game—Net Worth and Cash Flow (Lesson 2A)
Students play a game to learn about net worth, cash flow, and the relationship between them.
LESSONS & ACTIVITIES
31-45 MIN
Meeting Financial Goals—Rate of Return (Lesson 2B)
Students are shown the two ways that investments can earn a return.
LESSONS & ACTIVITIES
31-45 MIN
Investing in Yourself (Lesson 3A)
Students perform calculations to demonstrate the importance of human capital in increasing a person’s productivity.
LESSONS & ACTIVITIES
31-45 MIN
Entrepreneurship—Working for Yourself (Lesson 3B)
Students learn about common traits of entrepreneurs through an activity.
LESSONS & ACTIVITIES
31-45 MIN
What Are Taxes For? (Lesson 4A)
Students learn why it is necessary for the government to provide some goods and services.
LESSONS & ACTIVITIES
31-45 MIN
Understanding Taxes (Lesson 4B)
Students learn about factors that make various taxes different.
LESSONS & ACTIVITIES
31-45 MIN
Making a Budget—It Is All Spending! (Lesson 5A)
Students discover that all elements of a budget are essentially spending on goods and services.
