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Unit Plan

It's Your Paycheck

Curated and Reviewed by Lesson Planet
This It's Your Paycheck unit plan also includes:

Beyond reading and arithmetic, one of the most important skills for graduating seniors to have is fiscal literacy and responsibility. Start them on the right financial track with nine lessons that focus on a variety of important personal finance skills that they will carry with them throughout their adult lives.

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CCSS: Designed
Concepts
paychecks, personal finance, financial literacy, investing, taxes, budgeting, saving money, credit, loans, contracts, human capital, the unemployment rate, gross pay, income tax, income, net income, wages, banking, checking account, savings accounts, expenses, credit cards, bills, interest rates, interest, consumer math, consumer finance, consumer skills
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Additional Tags
math
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Instructional Ideas
  • Use the lessons as a complete personal finance unit, or bring in relevant activities as the concepts come up in your economics unit
  • Host a seminar for teenagers who are interested in money management and responsibility
  • Send some of the activities home for learners to complete with their parents
  • Create an economic simulation using the concepts addressed in the lessons (credit, loans, banking, budgeting, etc.)
  • Hand out the glossary for high schoolers to use for quick reference in an economics binder
  • Invite a guest speaker from the financial world to your classroom, such as an investment banker or accountant
Classroom Considerations
  • Each lesson indicates that it will take anywhere from 45-75 minutes; making the unit last about two weeks. you could modify this schedule based on the needs of your class and your curriculum
  • The resource is divided into three units: the first consisting of two lessons focused on investment; the second consisting of three lessons focused on budgets; and the third unit consisting of four lessons focused on credit and loans
  • The packet seems long at 168 pages, but it includes valuable materials and standard alignment information for each lesson

 

Pros
  • Lessons are well-organized, both within the resource as a whole and as individual lessons
  • Glossary provides applicable definitions to common and complex concepts
  • Each lesson contains informational text, fun and engaging activities, and important skills for an array of subjects (writing, math, social studies, reading comprehension, economics, etc.)

 

Cons
  • None