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Money Smart Children

Students investigate personal finance terms, economic concepts, investment reasons, and donation reasons. In this money lesson, students determine the concepts of wants, needs, resources, scarcity, and opportunity cost. Students define the vocabulary words; spend, save, invest, and donate. Students sing a song to learn about banking, brainstorm motivations for giving and options for donating. Students describe choices made with money.

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Resource Details

Grade
4th - 6th
Resource Type
Lesson Plans
Duration
3 hrs
Instructional Strategy
Skills Practice
Usage Permissions
Fine Print
Included Materials
  • Project