Teaching ideas and activities to support the personal financial literacy standards in middle school!
Use these sites with the Financial Literacy Unit to learn how to manage your money and avoid some common pitfalls. Page 1: A Reality Check Page 2: New York Fed Financial Awareness Video Competition Page 3 and 4: Debt Calculator or CNN Money Debt Calculator or Credit Karma Debt Calculator Page 5: Student Debt Data Debt Calculator Page 6: PayScale College Report Fast Facts Page 9: Check Writing Basics Balancing Checkbook Tips Page 11: Compounding Calculator Page 12: Compound Interest Calculator Additional Resources: Wells Fargo Hands on Banking
Start a Classroom Economy and teach your students financial responsibility! This resource has everything you need to get started in your classroom, with printer-friendly pages, teacher tips, and photo examples. Editable pages allow you to customize the classroom economy to best fit your needs.THIS R...
This financial literacy word wall supports a consumer math or personal finance course with its colorful vocabulary and examples. Topics covered: Sales tax, gratuity, discounts, unit price, percent change, credit score, income tax, filing federal tax returns, mortgages, paychecks, budgets, fixed and variable expenses, checking accounts, checks, savings accounts, exponential growth, compound interest, simple interest, financing a car, amortization, down payments, front-loaded interest, interest rates, owning a car, the stock market, and profit/ loss. *Printable Spanish vocabulary now included. The word wall comes in both PDF printable (color and black & white) and digital. The link to the digital word wall is inside the PDF. The printable word wall comes in full color and in black & white. Everything prints on 8.5x11 computer paper. Inside the PDF are closeup photos of the word wall to use as an assembly guide. The no-prep digital word wall was built in Google Slides with real photographs and is fully interactive. Each image on the "home" slide clicks to an enlarged version of the image. The digital word wall can be sent to students or projected in your classroom. If you do not use Google, the digital word wall can be downloaded from Google Slides as a PowerPoint or PDF and will still be clickable. Re-downloads to get updates and additions are always free. You may also like: Consumer Math Activities Bundle
There's something so empowering about teaching teens how to work with percentages, how to budget and what all that fancy-sounding financial language means. Teaching teens financial literacy was even empowering to me. It made me feel I was giving my students the tools they needed to avoid being taken advantage of financially, which can happen to any of us. In this post I want to show the parts of a new word wall that I made to support a financial literacy curriculum and talk a bit about the misconceptions and questions that can arise while teaching teens personal finance class in a consumer math class. The financial literacy word wall in this post puts the vocabulary and concepts in context as it presents the math visually.
Students in my class learn about economics, budgeting, and responsibility through a hands on Classroom Economy. Since the beginning of the year, students have been earning money to spend in our class store. I hold class stores at the end of each 9 weeks. I received many donations from my principal, purchased a few things at the dollar store, and created passes for desirable opportunities. On shopping day, I auction off the most valued items to the highest bidder (this also flushes out a lot of their money, rather than just having set prices). I then call a few students up at a time to shop the remaining items at set price (students who are being the most responsible get to shop first!) Students apply for classroom jobs each quarter. I tried to create jobs around real-world job options to make the experience as authentic as possible. The jobs earn varying salaries depending on difficulty and frequency/amount of time "on the job." The picture below gives more detail on how the classroom economy works in my classroom. This is posted in the room for students to reference. Notice that they have to pay bills each month ($50)! Today was the day to pay bills and many students accounts became overdrawn as they had spent all their money at our class store two weeks ago, and had forgotten to budget for bills. They were really upset, but I was secretly happy because what a learning experience!! Students keep track of their money on a Bank Account Ledger. I do not actually hand out classroom currency or physical checks each week (as I have done in the past) because it is simply too much work. Students keep a ledger of their money and every entry must be signed by one of our trustworthy (and mathematically accurate) student economists. On Tuesday students received pizza for lunch because one student spent all of their hard-earned money to buy pizza for the class. Such a selfless act for a student who normally causes difficulty in the classroom. And today I got to take four students that had purchased passes to Cherry Berry for a treat! It was so much fun and a great way to bond with the kids in a different setting. This classroom economy set-up teaches the kids so much valuable information and is fun for all!
Printable high schoole worksheets, games, and ideas for 9th 10th, 11th, and 12 grade students to make learning engaging and FUN!
