This lesson introduces students with making money and the various topics related to career planning and the financial aspects of employment. Teaching Objectives: Know the phases of the career-planning process Identify and apply for employment Understand the interview process Understand some of the hidden costs of a job Understand some of the benefits companies often … Continue reading Making Money – Financial Aspects of Employment
Students learn an introduction to allowances. Teaching Objectives: Recognize how to divide an allowance into a spending plan. Learn how to balance income and expenses. Gain confidence in preparing spending plans. Suggested Grade Level 3rd Grade – 6th Grade Lesson Excerpt: Children in grades three through six are capable of managing small amounts of money. … Continue reading Allowances and Spending Plans
Students learn about earning money, and how money is earned, is limited, and does not come free. Teaching Objectives: Recognize that money is earned from work done. Understand that money is limited in quantity. Suggested Grade Level Pre-K – 2nd Grade Lesson Excerpt: Adults must earn money to provide for their needs and wants. In … Continue reading Earning Money
The student will learn about managing their income. Teaching Objectives Identify the components of a budget. Evaluate the relationship between budgets and goals. Standard 1.1 The student will describe the importance of earning an income and explain how to manage personal income using a budget. Suggested Grade Level 6th – 12th Grade Lesson Excerpt: Most … Continue reading Managing Your Income
The student will learn about income and taxes. Teaching Objectives Identify the different kinds of payroll deductions, including taxes and benefits. Explain the difference between gross and net income. Compute net income. Standard 1.1 The student will describe the importance of earning an income and explain how to manage personal income using a budget. Suggested … Continue reading Income and Taxes
The student will describe the importance of earning an income and explain how to manage personal income using a budget.