Why are prices going up for food, gas, and housing? Why are prices rising and who is it hurting? Why is everything so expensive? What is causing inflation, and when will inflation end? CONCEPTS Use this video on the topic to discuss the financial economic concepts of Inflation Supply and Demand Consumer Price Index Federal … Continue reading What is causing Inflation? When will it end?
Spending Money Lessons
Welcome to our page on spending money! We believe that understanding how to manage spending is a crucial skill in financial literacy. Our resources are designed to provide a comprehensive understanding of spending, including creating a budget, tracking expenses, and avoiding impulsive buying. 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 responsible consumers. From managing everyday expenses to saving for big purchases, our materials will help students develop healthy financial habits and make informed decisions about their spending.
Main Page:
Additional Lessons:
Spending Money Wisely: Dog goes to Super Bowl
A dog goes to the Super Bowl. A fun class or lesson starter for the YouTube and TikTok generation. Discuss with students if price discounts are really a good deal, or just a pricing trick? CONCEPTS Use this video on the topic to discuss the money concepts of Needs and wants Understanding discounts Making impulsive … Continue reading Spending Money Wisely: Dog goes to Super Bowl
Impulse Buying? Dog Orders Chocolate Bar
A dog orders a MrBeast chocolate bar. Did he win the golden ticket? Here is a fun class or lesson starter for the TikTok or YouTube generation of students on the topics of impulse buying, money and spending. BACKGROUND MrBeast is a popular YouTube celebrity your students are likely familiar with. He recently has started … Continue reading Impulse Buying? Dog Orders Chocolate Bar
Financial Management Skills Assessment
LESSON DESCRIPTION Students assess their own financial management skills by taking the money management self-assessment. This assessment will help students identify their current knowledge or money management as well as areas that need instruction regarding money and finances. Money management is how you manage all aspects of your finances. This includes setting goals for the … Continue reading Financial Management Skills Assessment
Creating a Spending Plan
LESSON DESCRIPTION Students will use given information to create a monthly spending plan, also known as a budget. In this lesson, they will develop the abilities needed to make an effective plan to budget monthly spending goals. A spending plan must detail exactly how you are going to use your cash to cover the things … Continue reading Creating a Spending Plan
Making Spending Decisions about Money
LESSON DESCRIPTION In this lesson, students will learn ways to become mindfully deliberate about their spending choices using the DECIDE process. They will use this model to help them with making a decision for a major spending purchase. Making spending decisions about how to use your money can be difficult. Sometimes you have to sacrifice … Continue reading Making Spending Decisions about Money
Planning Effective Financial Goals
LESSON DESCRIPTION In this lesson, students learn to figure out their desired financial objectives by planning smart and effective financial goals that will help them achieve their goals. They will set financial goals that are specific, measurable, attainable, relevant, and time-bound. Many men and women invest, spend, invest, then wonder why they’re short of funds … Continue reading Planning Effective Financial Goals
Spending Log
LESSON DESCRIPTION In this lesson, students keep a log of all their spending for a period of time (day/week/month) to help identify their spending habits and patterns. How do you spend your money? Understanding your current spending patterns and habits will help you understand how to budget and better manage your money. Distribute the attached … Continue reading Spending Log
Understanding your Money Habits
LESSON DESCRIPTION In this lesson, students learn to understand and identify what are their money habits. Every money decision you make either reinforces good or bad money habits. The first step toward creating good money habits is to first identify the money habits you currently have. Distribute the attached worksheet to students. They should first … Continue reading Understanding your Money Habits
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
