The student will describe the importance of earning an income and explain how to manage personal income using a budget.
Teaching Objectives:
- Differentiate between jobs and careers.
- Explain the impact of education on income.
- Explain human capital.
Suggested Grade Level
6th – 12th Grade
Lesson Excerpt:
Different individuals have different skills and abilities, but everyone
can improve the quality of those skills and abilities through
education. For some, that educational experience may be formal
(e.g., college or vocational training) or more informal (e.g., on the job
experiences). In either case, the primary purpose is to earn an
income to meet one’s basic needs and pursue their financial goals.
