In small groups, students will research and obtain information to compare services offered and rates between banks and credit unions. To conclude, students will present their findings and state why one might choose one over the other.  

While completing a digital worksheet, students will describe the purpose of a budget, classify expenses as needs and wants, and explain the difference between gross pay and net pay.

This lesson Plan is for Financial Literacy and Budget Planning.  The Standards were not listed in the Resource section so they are as follows:Standard 1Analyze the role of cultural, social, and emotional influences on financial behavior.Evaluate the role of emotions, attitudes and behavior in making financial decisions.Recognize that individuals are responsible for their own financial decisions and for subsequent positive and negative consequences.Standard 2Define a rational decision-making process and the steps of financial planning.Define opportunity cost (tradeoffs) and their role in decision making.Describe a rational decision - making process.Identify short- and long-term financial decisions and the impact they have on financial planning.Define the elements of a financial plan.Standard 1Identify and explain the process of budgeting based on calculated income.Develop a budget.Identify and prioritize fixed, fixed variable and variable budget categories.The Image for this Budget Planner was created by myself, Sharon Pinkerton. 

This is a simulation for students to integrate several concepts on saving and banking into one project.

Using guided notes, students will explain the pros and cons of leasing a car and  buying a car. Students will also understand the costs of monthly payments and why they differ between buying and leasing.

Students will assess their career aspirations, evaluate and compare career opportunities based on aptitudes and interests, and plan a career while understanding the income potential of that chosen career. 

In this mini-unit, students begin by creating a career plan and an education plan. After learning financial aid vocabulary concepts, students will play an online game called “Payback” to apply knowledge learned about paying for college. The activity concludes with students creating a personal resume and taking notes on job interview tips.

Students will research different colleges they would potentially be interested in and then complete a college comparison worksheet.

Using guided notes, students will learn what comparison shopping is, how it can help consumers, and when it makes sense to comparison shop

Students will be able to identify methods used by predatory lenders for prevention, comprehend basic consumer rights, and demonstrate knowledge of filing complaints when these rights are violated. Additionally, students will understand tactics employed by predatory lenders and be equipped with the skills to avoid falling victim to them.

Students will identify key elements to include in a resume, discuss best practices, analyze another person’s resume, and write a first draft resume.

Students will comprehend their paycheck, the voluntary and compulsory withholding of income, basic payroll concepts, and explanations of tax documentation.

Students will be able to identify and explain the differences between different economic systems (Market, Mixed, Command, Communist, Socialist).

Students will be able to understand the processes, rights, and responsibilities of renting, leasing, and purchasing a home. Identify key qualification factors for homeownership, including debt-to-income and loan-to-value ratios, and comprehend the roles of professionals in the home-buying process.

Students will comprehend saving and investing, understand the concept of risk versus reward, and gain knowledge about various investment types and vocabulary.

Students will demonstrate the ability to explain five potential ways to pay for school, including detailing the four outcomes of the FAFSA and the 529 Plan.

In small groups, students role play financial institutions and consumers in order to learn the importance of FDIC and NCUA Insurance.

Students will comprehend the role of the Federal Reserve and gain an understanding of fiscal and monetary policies. 

Students will learn about SMART financial goals and then complete a worksheet where they will set personal financial goals, both long and short term.