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- Kimberly K.
- Bourbonnais, IL
Consumer Math and Personal Finance Teacher Resources
Find Consumer Math and Personal Finance educational ideas and activities
Learners study personal finance and building wealth. In this economics lessons, students use Federal Reserve Bank publications to research answers and to make written recommendations for solutions to problems presented by several callers to a show viewed. Learners also increase awareness of budgeting, saving, credit cards and insurance.
Students explore budgeting myths. In this personal finance lesson plan, students complete a series of activities that help them recognize the pros and cons of credit. Students also discover the process for obtaining loans. This lesson plan includes several worksheets and supplementary materials.
Bring Consumer Mathematics and Economics to life with this lesson, where learners investigate personal finance and budgeting. They use the newspaper’s classified section to determine a future job and potential earnings and determine a gross and monthly income as they use the data to calculate the cost of living.
Eleventh graders confront basic personal finance choices they will face throughout their lives. There is a natural progression to the lessons, beginning with career choices, leading into budgeting and planning, and ending with the impact of credit and long-term savings and investing.
High schoolers investigate the concept of personal finance. They take a look at some of the misconceptions that surround many financial responsibilities. Students examine statistics and other factors in order to comprehend sound principles that can benefit those who practice them.
Your class can explore personal finance concepts with this money and philanthropy lesson. They define and discuss the terms spend, save, donate, and invest as they relate to the personal use of money. In groups, they work to explore many aspects of economic literacy and create financial plans that include graphs representing their decisions. Weblinks and 7 different handouts are included in this very complete and comprehensive lesson.
Students explore the concept of personal finance. In this philanthropy lesson plan, students examine decisions they make about money as they discover the definitions of philanthropy, resources, scarcity, choice, benefits, costs, opportunity cost, interest, interest rate, principal, simple interest, compound interest, and compounding.
Students explore the concept of philanthropy. In this personal finance instructional activity, students consider economic choices and why people donate to causes. Students investigate the processes of borrowing money and investing money in the instructional activity as well.
Students discover what debt, saving, and credit are. In this personal finance lesson, the teacher reads Not for a Billion Gazillion Dollars, and the students discuss what the main character does in the book in relation to debt, saving, and credit. At the end of the lesson students have a chance to borrow homework passes on credit.
Students determine whether or not to save or spend and defend a decision. In this personal finance lesson, students identify opportunity cost of various spending and saving decisions. Students read a story where two girls share profits made by selling tissue roses, but they make differing choices with their profits. Students solve saving/spending choice problems.
Students explore saving and investing money. In this middle school personal finance lesson, students define and use investment vocabulary, explore compound interest and its effect of savings, and compute simple and compound interest. Students compare and contrast annual percentage rate and annual percentage yield.
Investigate personal finances and budgeting with your middle schoolers. They calculate their cost of living given various costs of amenities. They use their calculations to determine if their expenses exceed their income, if so they must re-do their budget. A great activity, that really brings economics to life.
Students explore percentages by participating in a consumer math activity. In this economics lesson, students read different math scenarios and identify the price of an item after a special discount has been given. Students utilize calculators to identify number percentages.
What teenager wouldn't want a car? But before they make that big purchase, this exercise helps them to understand the costs involved. It includes a worksheet to calculate expenses like taxes and fees, maintenance, gas and insurance, as well as personal finance information. A really solid exercise for young people, this is just one of a series on personal transportation considerations, and other finance lessons.
The message that buying things brings happiness is everywhere. Teenagers are not immune to this marketing strategy and benefit from reflecting on the relentless pressure to spend. This exercise invites young adults to consider the value of items purchased on credit, and what is truly priceless. Note that this is just one of many high-quality lessons related to personal finance, independent living, etc. This site provides access to the related resources.
Middle schoolers need to learn how to make their money work for them. From engaging in the lesson presented here, they will gain an understanding of investment vocabulary, how compound interest works, and will compute simple and compound interest in simulated investment scenarios. The lesson is a fine example of how to build real-life skills into your daily teaching. A terrific teaching idea!