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Federal Reserve Bank

“W” Is for Wages, W-4 and W-2

For Teachers 9th - 12th Standards
Don't let your young adults get lost in the alphabet soup of their paychecks and federal income taxes. Using sample pay stubs and reproductions of government forms, your class members will identify the purpose of such forms as a W-4 and...
Lesson Plan
2
2
Federal Reserve Bank

Your Budget Plan

For Teachers 9th - 12th Standards
What do Whoosh and Jet Stream have in common? They are both characters in a fantastic game designed to help students identify various positive and negative spending behaviors. Through an engaging activity, worksheets, and...
Lesson Plan
2
2
Federal Reserve Bank

Credit Reports—and You Thought Your Report Card Was Important

For Teachers 9th - 12th Standards
Get the facts about credit and take a close look at what factors into a consumer credit report with this fantastic lesson. Your pupils will read informational texts, read sample financial documents, and discuss the advantages...
Lesson Plan
2
2
Federal Reserve Bank

So How Much Are You Really Paying for that Loan?

For Teachers 9th - 12th Standards
Loans are rarely provided without a cost. Pupils evaluate the high cost of using a payday loan or payday advance through discussion and worksheets, and finally work in groups to develop short public service announcements...
Lesson Plan
Global Oneness Project

A Day in the Life

For Students 9th - 12th Standards
We often see other countries depicted in movies, but getting a close look at a typical day in the life of a young person from another country isn't as common. Give your pupils such a look with a resource that helps class members...
Lesson Plan
Federal Reserve Bank

Turn Your Radio On

For Teachers 9th - 12th Standards
After listening to and analyzing a series of FDR's Fireside Chats, groups create their own recordings, and using New Deal programs, address a current economic condition.
Lesson Plan
Curated OER

Savers & Borrowers: Financial Markets in the United States

For Teachers 10th - 12th
Investigate the current financial market and have your class explore savings, borrowing, financial markets, mutual funds, and the stock market. This four-part lesson is designed to help young scholars become knowledgeable and informed...
Lesson Plan
Federal Reserve Bank

Beatrice’s Goat: A Lesson on Savings Goals

For Teachers 3rd - 5th Standards
Youngsters learn the meaning of saving and how to reach savings goals by first reading a story of a young Ugandan girl who is gifted a goat, and then discovering the opportunity costs of savings decisions made by her and her family.
Lesson Plan
Federal Reserve Bank

Crowding Out

For Teachers 11th - 12th Standards
This is an incredible resource for teaching your young economists about the loanable funds market and the concept of crowding out. It includes a hands-on, physical activity that serves as a metaphor to help explain the economic...
Lesson Plan
Federal Reserve Bank

Sheep in a Shop

For Teachers K - 2nd Standards
What do you think sheep might be able to barter when they don't have quite enough to buy a gift? Your pupils can find out this and much more during this lesson about Sheep in a Shop, spending, saving, and bartering.
Lesson Plan
Federal Reserve Bank

Glo Goes Shopping

For Teachers K - 3rd Standards
Making decisions can be very difficult. Show your class one way to evaluate choices with this lesson, which is inspired by the book Glo Goes Shopping. Learners practicing using a decision-making grid with the content of the story and a...
Lesson Plan
Federal Reserve Bank

Cotton in My Sack

For Teachers 4th - 6th Standards
As part of a study of saving choices and opportunity costs, class members listen to a reading of Lois Lenski's Cotton in My Sack, and then evaluate the spending choices made by the Hutley family.  
Lesson Plan
Federal Reserve Bank

The Pickle Patch Bathtub

For Teachers 3rd - 5th Standards
What do your pupils want to save up their money for? Based around the book The Pickle Patch Bathtub, this activity covers opportunity cost, saving, and spending. Learners participate in a discussion and practice making their own...
Lesson Plan
1
1
Federal Reserve Bank

A Penny Saved

For Teachers 10th - 12th Standards
Budgeting, net vs. gross pay, savings, and fees are all key elements of personal financing and essential for your class members to learn about as young adults.
Lesson Plan
Federal Reserve Bank

U.S. Income Inequality: It's Not So Bad

For Teachers 9th - 12th Standards
What is the difference between a flat tax, progressive tax, tax deduction and transfer payments? Pupils examine the ability-to-pay principle of taxation through discussion, problem solving, and a variety of worksheets on topics from US...
Lesson Plan
1
1
Federal Reserve Bank

Credit Cards - A Package Deal

For Teachers 10th - 12th Standards
Arm your learners with the information they will need to make smart decisions regarding credit cards and personal savings.
Lesson Plan
Federal Reserve Bank

Ben Franklin: Highlighting the Printer

For Teachers 5th - 8th Standards
By studying Benjamin Franklin's work as a printer, your class will have a fantastic opportunity to learn about the economic concepts of entrepreneurship, human capital, and investment. 
Lesson Plan
Federal Reserve Bank

Journey to Jo’burg: A South African Story

For Teachers 6th - 8th Standards
How did South African apartheid affect the ability of people of color to increase their human capital? Here is a rich instructional activity in which learners come to understand the relationship between investment in human capital and...
Lesson Plan
Federal Reserve Bank

Government Spending and Taxes

For Teachers 10th - 12th Standards
What types of government programs are designed to improve economic inequity in the United States? Introduce your learners to government programs, such as low-income housing, Social Security, and Medicaid, how they work to improve...
Lesson Plan
Federal Reserve Bank

Something Special For Me

For Teachers 1st - 3rd Standards
People often save money, but what are the benefits and drawbacks of that action? Youngsters learn about saving, savings, and opportunity cost through the lens of a short book, called Something Special for Me.
Lesson Plan
Federal Reserve Bank

Monster Musical Chairs and Scarcity

For Teachers K - 1st Standards
Why can't we have everything we want? Youngsters are introduced to the concept of scarcity through a game of musical chairs and by discussing what it takes to satisfy our wants.
Lesson Plan
1
1
Federal Reserve Bank

The Car Deal Package

For Teachers 10th - 12th Standards
Buying a car is no easy task, and can have major long-term consequences if done without proper financial knowledge. Ensure your learners are prepared with the information and criteria for comparing different car deals and signing...
Lesson Plan
Federal Reserve Bank

The Little Red Hen Makes a Pizza

For Teachers 1st - 3rd Standards
Make a study of producers and consumers with an updated version of the classic story The Little Red Hen (this one is called The Little Red Hen Makes a Pizza). After reading and discussing the story and terms, learners practice being...
Lesson Plan
Federal Reserve Bank

On the Court with... Michael Jordan

For Teachers 5th - 7th Standards
Pupils learn foundational economic concepts and consider the importance of decision-making, how to evaluate choices and alternatives, and the benefits of consistent training and practice by learning about the early life of Michael Jordan.