Houghton Mifflin Harcourt
Simple and Compound Interest
Your learners will get lots of practice calculating simple and compound interest by the end of this lesson. Simple explanations and examples lead learners through the concepts and steps of calculating simple and compound interest...
Curated OER
M&M Interesting
Students examine the concepts of trade-offs and opportunity cost to decide between savings accounts with simple interest and those with compound interest. They calculate interest earned on account balances while working in groups and...
Federal Reserve Bank
Savvy Savers
What are the benefits and risks of saving in an interest-bearing account? Pupils explore concepts like risk-reward relationship and the rule of 72, as well as practice calculating compound interest, developing important personal...
Council for Economic Education
A Penny Saved
A penny saved is a penny earned! Scholars research the different ways to save money over a lifetime. They investigate the Rule of 72, compound interest, and sub-prime loans to gain an understanding of how banks aid in the saving process....
Curated OER
Money and Credit: Making Good Decisions
Learners participate in activities that teach them how to manage money. In this managing money lesson plan, students set long and short term goals for economic success by having discussions, identifying benefits of saving, and...
Federal Reserve Bank
Less Than Zero
Perry the penguin wants to buy a new scooter, but he doesn't have any funds! Walk your kids through the short book Less Than Zero, and have them track his borrowing, spending, and saving on a line graph while you read. Pupils will learn...
Visa
A Way to Wealth: Understanding Interest and Investments
Money motivates! Help young bankers understand how math plays a part in investing. Give learners math practice while instilling real-world financial literacy skills.
Curated OER
How Do You Double Your Money?
Pupils understand how to calculate the return on investments for various rates and lengths. Also, they compare their results with the StocksQuest Calculator, which lists calculations year by year.
Curated OER
Interest: Interest Olympics
Students determine how interests is calculated and a how it accrues. They examine charts and graphs that show the intricacies of interest. They determine how to increase their own saving by using interest while working with a partner to...
Curated OER
Take Time to Save Now
Students brainstorm reasons to save money, investigate impact of saving regularly using interactive, on-line calculators, explain how compounding interest affects savings, explore different strategies for saving money, and write personal...
Curated OER
Managing Your Money
Students use the internet to gather information on saving money. They describe the history of money and the responsibilities of the United States Mint. They list their own personal goals and keep a journal as they operate a lemonade...
Curated OER
Money Smart Choices
Learners make choices regarding money management. In this personal finance lesson, students explore budgets, incomes, and expenses as they learn vocabulary regarding personal finance and consider how to create personal budgets.
Council for Economic Education
Timing Is Everything
Students discuss the incentives and opportunity costs of spending vs. saving. They follow an interactive website which shows them the how much money they could end up with by saving instead of spending.
Curated OER
The Hundred Penny Box
Students analyze the advantages of regular saving and how savings grow with compounding. After reading the story "The Hundred Penny Box", students define the terms "interest," "interest rate," and "compounding." Through several...
Curated OER
Be the Kiwi: Money and Banking
Students practice converting money systems and interest. In this money lesson, students convert U.S. and New Zealand dollars. Students also discuss international travel and money exchange rates.
Curated OER
Filling Empty Pockets: Borrowing, Loans, and Credit
Students examine credit components and how each works within our economy today. In this financial literacy lesson, students explore credit terms and make decisions based on real credit card offers that they find in their on line research.
Curated OER
The Hundred Penny Box
Students compare how people save money in financial institutions, after reading the story, The Hundred Penny Box. They analyze the advantages of regular saving and how savings grow with compounding.
Curated OER
Spend, Save, Invest or Donate (9-12)
Students explore the concept of personal finance. In this philanthropy instructional activity, students examine decisions they make about money as they discover the definitions of philanthropy, resources, scarcity, choice, benefits,...
Visa
Home Sweet Home: Purchasing a Place
While the process of buying a home can certainly be overwhelming, give your young adults a leg up for their future by introducing them to the components of a mortgage, as well as exploring the basic concept of credit and how to become...
Council for Economic Education
Opportunity Cost
The price of those new shoes involves more than just money! Individuals explore the concept of opportunity cost using a video clip and gratification discussions. They prepare a budget based off of their set of values in regards to...
Curated OER
How to Achieve Your Financial Goals
Young scholars explore economics by creating a budget. In this financial goal setting lesson, students investigate their use of time by completing a worksheet. Young scholars identify financial goals they would like to achieve in the...
Curated OER
Spend, Save, Invest or Donate
Students explore the concept of philanthropy. In this personal finance lesson, students consider economic choices and why people donate to causes. Students investigate the processes of borrowing money and investing money in the lesson as...
Curated OER
Lesson 2: Savings Accounts and U.S. Savings Bonds
Students explore the importance of savings accounts and U.S. Savings Bonds. They study the concept of simple interest through a math activity.
Curated OER
7 Ways for Gen Xers to Help Secure Their Retirement
Students explore the concept of budgeting. In this budgeting lesson, students read an article about preparing for retirement. Students create a budget of household expenses during retirement and create a savings plan for that budget.