Financial Literacy - Income and Deductions

Proper financial planning and the ability to differentiate wants from needs are important skills to develop as a young adult. Here is a great resource to introduce this topic to your learners, which includes a variety of hands-on and...

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 contracts.

Budgeting, personal finance, and real life math skills are all addressed in this financial literacy lesson plan. Your class watches "Money Smarts" then participate in classroom activities that require them to make budgets based on the...

Take the opportunity to offer your young adults some important financial wisdom on the way taxes and inflation will affect their lives in the future. Through discussion and review of different real-world scenarios provided in this...

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...

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...

More planning goes into a budget than a high schooler thinks. Here, they learn about the expected expenses and incomes, along with outside factors such as natural disasters. Learners prepare their own budget and adjust it based on the...

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...

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...

What do figures of speech have to do with financial literacy? Take an interdisciplinary look at The Berenstain Bears' Trouble with Money to find out. Young analysts read about the cubs' spendthrift ways and how Mama and Papa Bear teach...