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...
Curated OER
Dream Home Mathematics
Explore the concept of budgeting with sixth graders. They will pick a career on note card made by the teacher. They then use the information on the card such as salary, expenses, and career to create a life for themselves. They also...
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.
Curated OER
Tax Forms and Deductions
Because many of your older students are probably getting their first jobs, it could be an appropriate time to discuss taxes. This presentation defines deductions, types of taxes, purposes of paying taxes, and the forms required to file...
Curated OER
Accounting: Work Sheet for a Merchandising Business
Students create a worksheet for a partnership set up as a merchandising business. They identify the beginning of the fiscal periods trial balance amounts, plan and record adjustments to supplies, and merchandise inventory. They...
Council for Economic Education
Preparing a 1040EZ Income Tax Form
Some of us never feel like we know how to do our taxes! Help scholars understand the process early by using an informative resource. They fill out their own tax forms in a simulation activity and view multiple resources to learn even...
Curated OER
Preparing a 1040EZ Income Tax Form
What do you do at the end of the year when your W2 arrives? File a tax form! Show learners how they to can fill out a basic 1040EZ tax form and play their part as tax paying citizens. Monetary denominations are provided for filling out...
University of Missouri
Money Math
Young mathematicians put their skills to the test in the real world during this four-lesson consumer math unit. Whether they are learning how compound interest can make them millionaires, calculating the cost of remodeling their bedroom,...
Curated OER
Fairness in Taxes: Progressive Taxes
Students define and give an example of a progressive tax. They explain how a progressive tax takes a larger share of income from high-income groups than from low-income groups. They examine taxation in other countries.
Curated OER
Earned Income Credit
Learners distinguish between tax deduction and tax credit, explain how the earned income credit affects the tax liability, apply requirements to claim the earned income credit, and describe factors that determine the amount of the earned...
Curated OER
Final Analysis
In this consumer mathematics worksheet, 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 final...
Redefining Progress
Have and Have-Not
Is there a correlation between a country's wealth and the extent of its ecological footprint? What exactly constitutes an ecological footprint, and how does one country stack up against the rest? This is a unique lesson to incorporate...
PBS
Where Does Your Paycheck Go?
Upper elementary learners explore the concept of taxes taken out of an employee's paycheck. As they work through this lesson, young mathematicians discover the difference between gross pay and net pay. They also see what types of taxes...
Curated OER
Budgeting for the Future
Eighth graders determine the net amount of an income for a fictional job. They must determine their net worth minus standard deductions. Students must then determine their monthly budget including, groceries, credit, and rent.
Southwest Miami Senior High School
US History Summer Instructional Packet
Can you boil the historical, cultural, and political events and movements from the last 150 years into a descriptive study guide? You don't have to—it's right here! A thorough resource includes informative text, discussion questions,...
Curated OER
The Stock Market Game
Students participate in a variety of stock market games within their classmates. They study the concepts of stocks and investments as well as the criteria for selecting of stocks. Each student is shown how to keep track of the progress...
Curated OER
IN STRAWBERRY FIELDS
The student will calculate wages of agricultural workers by the hour and by the piece.2. Share background material, and discuss the difference between gross pay and net pay and the difference between getting paid by the hour or the piece...
Curated OER
Mathematics: Steps to purchase a home
High schoolers are partnered as couples who have a variety of financial realities, and must complete a real-life financial analysis to see what it would take them to purchase a home.
Curated OER
Account-Recording Adjusting/Close Entries for Service Business
Students discover how to journal adjustments and post them into general ledger accounts. They explore what a post closing trial balance is and why it is prepared at the end of a fiscal period. They complete an outline and play online...
Curated OER
Thinking About Credit
Middle schoolers explore the concept of credit. In this credit lesson, students discuss what it means to buy items using credit. Middle schoolers discuss how interest accrues and how much is really being paid with a credit card. Students...
Curated OER
Financial Planning
Students research possible careers. They determine typical starting income for the career. Using collected information, students develop a budget for their starting income. Students consider car payments and research the process of...
Curated OER
BREAD IN A BAG
If possible, acquire a handful of wheat kernels from a local farmer or seed dealer. Hand them out so students can feel them and see what they look like. Share background information. 2. Draw a wheat kernel on the chalkboard, or use the...
Curated OER
Save Your Change
Students solve problems involving exponential, logarithmic, and scientific notations. Using calculators, students explore investment problems. They use a formula and logarithms to determine the years to earn a particular income, figure...
Curated OER
Find The Hidden Message: Media Literacy in Primary Grades
Learners practice listening to and reading various types of media and text. In groups, learners use video, newspapers, magazines, and more to compare and contrast different types of information. They identify the differences between fact...