PricewaterhouseCoopers
Buying a Home: Income vs. Monthly Payments
Purchasing a house takes more plan than elementary schoolers realize. Each buyer will look at monthly income to determine what they can afford for a mortgage and other expenses.
Federal Reserve Bank
Invest in Yourself
What are the different ways that people can invest in their human capital for a better future? Pupils participate in an engaging hands-on activity and analyze data regarding unemployment, the ability to obtain an education, and median...
Curated OER
Value of Education: Education and Earning Power
Students explore the earning power of someone with a post-high school education. For this education and income lesson, students evaluate examples of occupations, their salaries, and education level needed for the job. Students calculate...
Curated OER
Earning an Income
Fourth graders study the role of money in society and define how to earn an income. In this human capital lesson, 4th graders read the book Shoeshine Girl and discuss it. Students discuss various economic concepts and complete the...
EngageNY
Federal Income Tax
Introduce your class to the federal tax system through an algebraic lens. This resource asks pupils to examine the variable structure of the tax system based on income. Young accountants use equations, expressions, and inequalities to...
Federal Reserve Bank
“W” Is for Wages, W-4 and W-2
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...
PwC Financial Literacy
Income and Careers: Career Exploration
Elementary schoolers take part in a virtual career day and are exposed to various career opportunities in the finance, education, and medical fields. By accessing a video you can download from the PwC Financial website, learners "shadow"...
PwC Financial Literacy
Planning and Money Management: Spending and Saving
Financial literacy is such an important, and often-overlooked, skill to teach our young people. Here is a terrific lesson plan which has pupils explore how to come up with a personal budget. They consider income, saving, taxes, and their...
Curated OER
Using Credit: Not for a Billion Gazillion Dollars
Fifth graders explore the concept of credit. In this consumer education lesson, the teacher uses the book Not for a Billion Gazillion Dollars to lead the class in a discussion about credit, debit, and income. Students then analyze their...
Curated OER
Interest Word Problems
In this interest worksheet, 7th graders solve 10 different problems that include word problems and determining interest rates. First, they determine the principal paid on a certain amount of money borrowed. Then, students determine how...
Curated OER
Money Math: Lessons for Life
Students explore money as it applies to salary, paychecks, and taxes. In this essential mathematics lesson, students explore how math is used in various careers, how income takes are calculated and other important life lessons in math.
Curated OER
Final Analysis
In this consumer mathematics learning exercise, students calculate the total amount of money they earned during a project given. Then they transfer the expenses from each month to find their totals. Students also calculate to find their...
Curated OER
Lesson 5: Creating a Budget
Students define and discuss concepts of income and expense, figure out monthly take home pay, keep track of their spending for one month, identify at least ten categories of expenses, and develop budgets to prevent falling into debt.
Curated OER
Graphing It Out
Students create bar graphs. In this graphing lesson, students explore the concepts of net pay, gross pay, income and expenses. They create a bar graph to designate financial outlay during a specified period.
Visa
A Plan for the Future: Making a Budget
From fixed and variable expenses to gross income and net pay, break down the key terms of budgeting with your young adults and help them develop their own plans for spending and saving.
Practical Money Skills
Making Money
The first step in managing your money is making money! Learn about ways to find and interview for a job with a thorough lesson on personal finances. Kids learn about the ways to earn a paycheck and then manage the funds they receive.
Practical Money Skills
Budgeting Your Money
How do you make sure that your income doesn't disappear before you have a chance to save it? Use a creative budgeting activity to teach learners in both special education and mainstream classes how to keep track of their expenditures and...
Curated OER
What Is Money?
Students discuss the difference between earned and unearned income. They use addition, subtraction, multiplication, and division (with whole numbers, fractions, decimals and/or percents, mixed numbers) to solve real-world math problems...
Curated OER
Life on the Run: A Budget for Claudia and Jamie
In this budget activity, learners create a budget for 2 girls that are trying to escape and use their allowances as the income they have. Students create a budget based on their income and expenses. They also answer 7 short answer...
Curated OER
Basic Budgeting
Students create a personal budget. For this creating a personal budget lesson, students create a list of 3 necessary things they need to survive. Students rank these things in order of importance and determine their cost. Students...
Curated OER
My Bank, My Budget, My Decisions
Young scholars create a personal budget. In this financial planning lesson, students create a budget using income data and identify ways to save a portion of money for donations.
Curated OER
Learning to Spend, Learning to Give
Students create a monthly budget. In this finances lesson, students learn the terms budget, income and expenses. Students create a monthly spending plan and keep track of what they make and spend for the next 30 days. When complete,...
Curated OER
Invest in Yourself
High schoolers develop the concept of finances. In this finance lesson, students watch a video called, "Moving Out." High schoolers calculate the finances of a character in the video. Students experience various budget scenarios such...
Curated OER
What is the Importance of Developing Job Skills?
Financial literacy is the way to teach! The class works in small groups to discover the relationship between education and income level. They use their math and problem-solving skills to complete two different activities. They work out a...