Students learn a lesson about sales tax and how it impacts their daily purchases. They discover why sales tax is important, how it’s calculated, and tips to save money. In this guide, students understand how sales tax affects their everyday purchases, why it’s crucial, and how it funds public services like schools and parks. They … Continue reading Sales Tax Explained: How it Impacts your Purchases Lesson
Money Math Lessons
Welcome to our page on money math! We believe that mastering basic math skills is essential to building a strong foundation in financial literacy. Our resources are designed to provide a comprehensive understanding of money math, including addition, subtraction, multiplication, and division with money. Whether you’re a teacher, parent, or financial educator, our collection of lesson plans, worksheets, and activities will equip you with the tools you need to teach these critical skills and empower students to become confident in handling money. From calculating sales tax to making change, our materials will help students master the skill of money math and become financially responsible individuals.
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The Rule of 72: Understand and Learn how to Calculate
A lesson for students about Rule of 72 and its use in determining when your money or investment will double. Explore compound interest and the effects of different interest rates. Students learn the fundamental principle of the “Rule of 72” and compound interest. This lesson dives into understanding how the Rule of 72 aids in … Continue reading The Rule of 72: Understand and Learn how to Calculate
What is Compound Interest and How to Calculate Lesson
A lesson for students on the transformative power of compound interest. It provides a deep understanding of both simple and compound interest, illuminating the ways money can accrue over time. The lesson explains the core distinctions between the two interest types, emphasizing the superior potential of compound interest for optimizing returns. Through practical examples, the … Continue reading What is Compound Interest and How to Calculate Lesson
Ten Percent Lesson Plan
Title: Ten Percent Lesson Plan Grade Level: 3rd Grade Learning Objectives: – Students will be able to understand the concept of ten percent. – Students will be able to find ten percent of a given price. – Students will be able to apply their understanding of ten percent in real-life scenarios. Teaching Strategies and Materials: … Continue reading Ten Percent Lesson Plan
Adding and Subtracting Unlike Fractions
Title: Adding and Subtracting Unlike Fractions Grade Level: 5 Learning Objectives: 1. Students will be able to add unlike fractions. 2. Students will understand the process of finding the least common denominator. 3. Students will be able to calculate common denominators. 4. Students will be able to subtract unlike fractions. Teaching Strategies and Materials: 1. … Continue reading Adding and Subtracting Unlike Fractions
What is Simple Interest? How to Calculate
Learn the basics of simple interest, and how it is calculated using the simple interest formula. CONCEPTS Use this video lesson on the topic to discuss the financial terminology and basic economic and related concepts of Interest Saving Money Principal PROCEDURE Hand out the worksheet below (see the GET LESSON button near the bottom of … Continue reading What is Simple Interest? How to Calculate
What is Interest? Introduction to Interest Rates.
Learn the basics of interest, how you earn interest, and compound interest. An introduction to interest rates. CONCEPTS Use this video lesson on the topic to discuss the terminology and basic economic and related concepts of Interest Interest Rates Saving Bank Loans PROCEDURE Hand out the worksheet below (see the GET LESSON button near the … Continue reading What is Interest? Introduction to Interest Rates.
Calculating Down Payments as a Percentage
Students will learn to calculate down payments using a percentage. Teaching Objectives: Students will define down payment. Students will review percentages. Students will review convert percentages to decimals. Students will review calculating percentages. Students will use these skills to figure out down payments. Suggested Grade Level 6th – 8th Grade Lesson Excerpt: Sometimes, a down … Continue reading Calculating Down Payments as a Percentage
Calculating Down Payments as a Fraction
Students will learn to calculate down payments using fractions. Teaching Objectives: Students will learn about down payments. Students will learn to calculate down payments using fractions. Students will review multiplying fractions and whole numbers. Suggested Grade Level 6th – 9th Grade Lesson Excerpt: Many times, we will see word problems that use terms that we … Continue reading Calculating Down Payments as a Fraction
Money Expressions with Two Operations
Students will learn to solve money problems with two or more operations. Teaching Objectives: Students will learn to define an expression. Students will learn to write expressions to solve problems. Students will write expressions and solve problems with two or more operations. Suggested Grade Level 6th – 9th Grade Lesson Excerpt: What is an expression? … Continue reading Money Expressions with Two Operations
