# Lesson Description. Texas Essential Knowledge and Skills (Target standards) Texas Essential Knowledge and Skills (Prerequisite standards)

Save this PDF as:

Size: px
Start display at page:

Download "Lesson Description. Texas Essential Knowledge and Skills (Target standards) Texas Essential Knowledge and Skills (Prerequisite standards)"

## Transcription

1 Lesson Description This lesson includes an initial activity to introduce students to the unit on personal financial literacy. Students construct a KWL chart on what they know about money. Students revisit the chart at the conclusion of the unit. The students learn about fixed and variable expenses. Given an appropriate grade level scenario, students identify fixed and variable expenses. They will calculate the total of fixed and variable expenses on a weekly basis, comparing the sum of fixed expenses with the sum of the variable expenses. Students then decide on a reasonable amount Buck s parents should increase his weekly allowance and support their argument with logical reasoning. Texas Essential Knowledge and Skills (Target standards) Texas Essential Knowledge and Skills (Prerequisite standards) National Standards (Supporting standards) CEE - Council for Economic Education CCSS - Common Core State Standards PFL Math 4.10A: distinguish between fixed and variable expenses Math 4.1: Mathematical process standards Math 4.4A: add and subtract whole numbers and decimals to the hundredths place using the standard algorithm Math 4.2C: compare and order whole numbers to 1,000,000,000 and represent comparisons using the symbols >, <, or = CCSS Math: Standards for Mathematical Practice CCSS Math 4.OA: Use the four operations with whole numbers to solve problems. CCSS Math 4.NBT: Use place value understanding and properties of operations to perform multi-digit arithmetic. Time Required Two 45-minute classes PFL Terms Fixed expenses Variable expenses Materials Required Chart paper and markers or interactive white board Money: coins and bills Red colored pencil or crayon for each student Green colored pencil or crayon for each student A copy of Activity for each student A copy of Activity for each student A copy of Activity for each student Paper and pencil for each pair of students P a g e 1

3 Theater to learn about fixed and variable cost. Assign the roles of Mr. Cash, a fourth grade teacher, and Buck, one of his students. Have those students read their parts of Activity After the students read the Readers Theater on Activity 4.1-1, pose this question to students: Using what Mr. Cash and Buck discussed, what do you think are fixed expenses? 7. Allow time for students to discuss what they think might be fixed expenses and why are they called fixed. (Fixed expenses are expenses that do not change from week to week or from month to month. They stay the same.) Explore/Explain 8. Direct students attention back to Activity Instruct each student to use a red colored pencil or red crayon and underline all fixed expenses that Buck mentioned in his discussion with Mr. Cash. (Students should underline school lunches, Scout dues, and cost of cell phone in red.) Ask students if they spend the same each day for their school lunch. Discuss that for some students this may not be a fixed expense. In Buck s case this is a fixed expense because he spends \$2.00 each day for lunch. 9. Are there expenses that Buck mentioned that you did not underline? (yes) Which ones? (food for Sparky, snacks, game room, movies, and bike repair) Why aren t they considered fixed expenses? (These are expenses that change from week to week or month to month. They may or may not occur on a regular basis.) Ask students to explain why Sparky s food expense might change week to week. (The cost may change if you use a coupon or if there is a sale.) 10. Write the word VARY on the board. Tell students that expenses that are not fixed expenses vary. These expenses are called variable expenses. Write variable expenses on the board. What are variable expenses? (Variable expenses are expenses that change from week to week or month to month. They may or may not occur on a regular basis.) 11. Direct students attention back to Activity Instruct each student to use a green colored pencil or green crayon and underline all variable expenses that Buck mentioned in his discussion with Mr. Cash. (Students should underline food for Sparky, snacks, game room, movies, and bike repair in green.) Elaborate 12. Once students can distinguish the difference between fixed and variable expenses, distribute Activity Tell students that Buck s expenses are listed at the top of the page. Have students read through his expenses. 13. Do you notice anything about Buck s expenses? (Some items are per day, others are per week or per month) Have students use the box with equation outlines to help them convert daily and monthly expenses into weekly expenses. 14. Distribute Activity to students and have them use the information given in Activities and to complete the chart on Buck s weekly expenses. Direct the students to sort the list into fixed and variable expenses and write the weekly cost to the right of each item. P a g e 3

4 15. Students determine the sum of each column and answer the questions below the chart. Evaluate/End 16. To reinforce the idea of fixed and variable expenses, have students work with a partner to list three examples of fixed expenses that a responsible adult may have. Also list three examples of variable expenses that a responsible adult may have. (Examples of fixed expenses: rent, mortgage, car payment, insurance, retirement savings. Examples of variable expenses: gasoline, utilities, clothing, dining out, entertainment) 17. Have a few students share their lists. Ask the class if they agree or disagree with the expenses listed and justify their responses. In closing ask: What are fixed expenses? (Fixed expenses are expenses that do not change from week to week or from month to month. They stay the same.) What are variable expenses? (Variable expenses are expenses that change from week to week or month to month. They may or may not occur on a regular basis.) EXTENSIONS 1. Have students write a letter either to Buck s parents persuading them to increase Buck s allowance or to Buck encouraging him to reduce his spending. Tell students that they should use the terms variable expenses, fixed expenses, and saving in their letter. 2. Buck s variable expenses are greater than his fixed expenses. Do you think the same is true for adults? Explain why or why not. Support your answer with real-world examples. P a g e 4

6 Activity Name Class Period Below are Buck s expenses. School lunch - \$2.00 per day You eat in the cafeteria every day. After-school snack about \$2.00 per day for 3 days Game room about \$5.50 per visit Buck s portion of family cell phone bill - \$12.00 per month Boy Scout dues - \$1.50 per week Sparky s food about \$5.50 per bag Sparky eats 1 bag each week. Bike repair about \$10.00 Movies \$5.50 per movie Directions: Calculate Buck s weekly expenses for the items below. You may need to refer back to Activity to find missing information. CONVERTING DAILY AND MONTHLY EXPENSES INTO WEEKLY EXPENSES 1. School lunch X = Daily cost Number of Weekly expense school days 2. Cell Phone Bill 4 weeks per month = Monthly cost Weekly expense 3. After school snacks x = Daily cost Number of Days Weekly expense P a g e 6

7 Activity Name Class Period Directions: Complete the chart below by sorting Buck s fixed and variable expenses. List the weekly cost to the right of each expense. When all the expenses are listed, find the sum of each column. Buck s Weekly Expenses FIXED EXPENSES Weekly Cost Boy Scout dues \$1.50 VARIABLE EXPENSES Weekly Cost Total Total 1. Compare the sum of Buck s fixed expenses with the sum of his variable expenses. Write a mathematical comparison statement. Be sure to use greater than, less than or equal to symbols. Then write the statement in words using the terms fixed expenses and variable expenses. 2. What would be a reasonable amount for Buck s parents to increase his weekly allowance? Why do you think this? P a g e 7

8 Key Name Class Period Below are Buck s expenses. School lunch - \$2.00 per day You eat in the cafeteria every day. After-school snack about \$2.00 per day for 3 days Game room about \$5.50 per visit Buck s portion of family cell phone bill is \$12.00 per month Boy Scout dues - \$1.50 per week Sparky s food about \$5.50 per bag Sparky eats 1 bag each week. Bike repair about \$10.00 Movies \$5.50 per ticket Directions: Calculate Buck s weekly expenses for the items below. You may need to refer back to Activity to find missing information. CONVERTING DAILY AND MONTHLY EXPENSES INTO WEEKLY EXPENSES 1. School lunch \$2 X 5 = \$10 Daily cost Number of Weekly expense school days 2. Cell phone bill \$12 4 weeks per month = \$3 Monthly cost Weekly expense 3. After school snacks \$2 x 3 = \$6 Daily cost Number of Days Weekly expense P a g e 8

9 Key Directions: Complete the chart below by sorting Buck s fixed and variable expenses. List the weekly cost to the right of each expense. When all the expenses are listed, find the sum of each column. Buck s Weekly Expenses FIXED EXPENSES Weekly Cost VARIABLE EXPENSES Weekly Cost Boy Scout dues \$1.50 After-school snacks \$6.00 School lunches \$10.00 Game room \$5.50 Cell phone bill \$3.00 Bike repair \$10.00 Movies \$5.50 Sparky s food \$5.50 Total \$14.50 Total \$ Compare the sum of Buck s fixed expenses with the sum of his variable expenses. Write a mathematical comparison statement. Be sure to use greater than, less than or equal to symbols. Then write the statement in words using the terms fixed expenses and variable expenses. \$14.50 < \$32.50, fixed expenses are less than variable expenses 2. What would be a reasonable amount for Buck s parents to increase his weekly allowance? Why do you think this? Answers may vary but should be reasonable. P a g e 9

### Personal Financial Literacy. For Grade 4 6 Classrooms

Personal Financial Literacy For Grade 4 6 Classrooms Personal Financial Literacy For Grade 4 6 Classrooms These lessons are a part of the Texas Council on Economic Education Smarter Texas program and based

### Lesson Description. Texas Essential Knowledge and Skills (Target standards) Texas Essential Knowledge and Skills (Prerequisite standards)

Lesson Description This lesson gives students the opportunity to explore the different methods a consumer can pay for goods and services. Students first identify something they want to purchase. They then

### Teens version. Instructor guide. 2003, 2012 Wells Fargo Bank, N.A. All rights reserved. Member FDIC. ECG-714394

Teens version Instructor guide 2003, 2012 Wells Fargo Bank, N.A. All rights reserved. Member FDIC. ECG-714394 Budgeting Unit Overview In these lessons, middle-school students (grades 6-8) are introduced

### Lesson Description. Texas Essential Knowledge and Skills (Target standards) National Standards (Supporting standards)

Lesson Description The students will share their base knowledge of payment options through a sorting activity. Students will brainstorm with groups to discuss the differences between debit and credit cards.

### Lesson Description. Texas Essential Knowledge and Skills (Target standards) Skills (Prerequisite standards) National Standards (Supporting standards)

Lesson Description This lesson builds on Grade 7, Lesson 1. Students will calculate net income and categorize expenses to create a budget. Percentages for each category will be calculated and analyzed.

### Lesson Description. Texas Essential Knowledge and Skills (Target standards) Skills (Prerequisite standards) National Standards (Supporting standards)

Lesson Description The students are presented with real life situations in which young people have to make important decisions about their future. Students use an online tool to examine how the cost of

### Math 21 Earning and Spending Money. Book 1: Budgeting. Name:

Math 21 Earning and Spending Money Book 1: Budgeting Name: Start Date: Completion Date: Year Overview: Earning and Spending Money 1. Budget 2. Personal Banking 3. Interest 4. Consumer Credit 5. Major Purchases

### Money Management Tools 1 Budgeting and Savings

Hands on Banking Money Management Tools 1 Budgeting and Savings The Hands on Banking program is a free public service provided by Wells Fargo. You may also access the program anytime at www.handsonbanking.org

### Lesson Description. Texas Essential Knowledge and Skills (Target standards) Texas Essential Knowledge and Skills (Prerequisite standards)

Lesson Description In this lesson students first offer what they know about taxes. They then jigsaw an article on taxes written by a fellow fifth grader. Groups present the information that they feel is

### Lesson Description. Texas Essential Knowledge and Skills (Target standards) Texas Essential Knowledge and Skills (Prerequisite standards)

Lesson Description This lesson focuses on features and costs associated with checking accounts. Students will learn about overdraft protection options and how to record and calculate checking account transactions

### Counting Money and Making Change Grade Two

Ohio Standards Connection Number, Number Sense and Operations Benchmark D Determine the value of a collection of coins and dollar bills. Indicator 4 Represent and write the value of money using the sign

### NC DEPARTMENT OF PUBLIC INSTRUCTION

Cafeteria Lunch Orders 3.NBT.1 Task 1 Domain Number and Operations in Base Ten Cluster Use place value understanding and properties of operations to perform multi-digit arithmetic. Standard(s) 3.NBT.1

### Personal Financial Literacy

Personal Financial Literacy 7 Unit Overview Being financially literate means taking responsibility for learning how to manage your money. In this unit, you will learn about banking services that can help

### Lesson Description. Texas Essential Knowledge and Skills (Target standards) Skills (Prerequisite standards) National Standards (Supporting standards)

Lesson Description This lesson focuses on comparing simple interest and compound interest. Students discover the differences between simple and compound interest by creating a year chart using both methods.

### Math 8.1: Mathematical Process Standards

Lesson Description Texas Essential Knowledge and Skills (Target standards) Texas Essential Knowledge and Skills (Prerequisite standards) National Standards (Supporting standards) CEE Council for Economic

### Math 21 Earning and Spending Money. Book 1: Budgeting. Teacher Version Assessments and Answers Included

Math 21 Earning and Spending Money Book 1: Budgeting Teacher Version Assessments and Answers Included Year Overview: Earning and Spending Money 1. Budget 2. Personal Banking 3. Interest 4. Consumer Credit

### Lesson 4: Your Budget Plan

KaChing! Lesson 4: Your Budget Plan Standards and Benchmarks (see page B-41) Lesson Description Students work in pairs to participate in a Track Star game that illustrates positive and negative spending

### Mathematical Reasoning. Lesson 2: Division with Decimals. LESSON 2: Division with Decimals. Weekly Focus: Decimals Weekly Skill: Division

LESSON 2: Division with Decimals Weekly Focus: Decimals Weekly Skill: Division Lesson Summary: For the warm up, students will solve a word problem. In Activity 1, they will practice dividing whole numbers

### Barter vs. Money. Grade One. Overview. Prerequisite Skills. Lesson Objectives. Materials List

Grade One Barter vs. Money Overview Students share the book Sheep in a Shop, by Nancy Shaw, to learn about choice, making decisions, trade, and the barter system. They complete worksheets on comparing

### Lesson Plan Shipping Grade 6 Solving Equations

CCSSM: Grade 6 DOMAIN: Expressions and Equations Cluster: Apply and extend previous understandings of arithmetic to algebraic expressions. Standard: 6.EE.2 Write, read, and evaluate expressions in which

### Lesson 5: Percent Change Bellringer

Lesson 5: Percent Change Bellringer Find 88% of your class! Lesson 5: Percent Change Classwork Let s Think: Mrs. Accordino had you do a new sprint today on converting numbers in to percents! You compare

### Sixth Grade Problem Solving Tasks Weekly Enrichments Teacher Materials. Summer Dreamers 2013

Sixth Grade Problem Solving Tasks Weekly Enrichments Teacher Materials Summer Dreamers 2013 SOLVING MATH PROBLEMS KEY QUESTIONS WEEK 1 By the end of this lesson, students should be able to answer these

Positive and Negative Integers 1 A 7 th Grade Unit on Adding and Subtracting Positive and Negative Integers Developed by: Nicole Getman December 1, 2006 Buffalo State: I 2 T 2 Positive and Negative Integers

### This lesson introduces students to decimals.

NATIONAL MATH + SCIENCE INITIATIVE Elementary Math Introduction to Decimals LEVEL Grade Five OBJECTIVES Students will compare fractions to decimals. explore and build decimal models. MATERIALS AND RESOURCES

### Multiplying and Dividing Decimals ALPHA VERSION OCTOBER 2012 Grade 5

Multiplying and Dividing Decimals ALPHA VERSION OCTOBER 2012 Grade 5 Mathematics Formative Assessment Lesson Designed by Kentucky Department of Education Mathematics Specialists to be Field-tested by Kentucky

### Algebra 1 Topic 8: Solving linear equations and inequalities Student Activity Sheet 1; use with Overview

Algebra 1 Topic 8: Student Activity Sheet 1; use with Overview 1. A car rental company charges \$29.95 plus 16 cents per mile for each mile driven. The cost in dollars of renting a car, r, is a function

### Teens and Budgeting. { http://youth.macu.com }

Teens and Budgeting { http://youth.macu.com } Mountain America Credit Union knows that it s never too early to start learning critical money management skills. That s why we ve put this information together

### How Do You Manage Money? Lesson 3a: How Do People Make Good Spending Decisions?

How Do You Manage Money? Lesson 3a: How Do People Make Good Spending Decisions? Adopted from lesson plans created by Jennifer Raeder for the San Francisco Unified School District s Kindergarten to College

### Diving Into Spending Plans Grade Level 7-9

2.15.1 Diving Into Spending Plans Grade Level 7-9 Get Ready to Take Charge of Your Finances Time to complete: 60 minutes National Content Standards Family and Consumer Science Standards: 1.1.6, 2.1.1,

### The Partial-Quotients Division Algorithm, Part 1

The Partial-Quotients Division Algorithm, Part 1 Objectives To introduce and provide practice with a low-stress division algorithm for 1-digit divisors. www.everydaymathonline.com epresentations etoolkit

### lesson three budgeting your money teacher s guide

lesson three budgeting your money teacher s guide budgeting your money lesson outline lesson 3 overview I m all out of money, and I won t get paid again until the end of next week! This is a common dilemma

### A copy of Activity for each student and one for a visual Computer and Internet access for each student

Lesson Description The costs of college, costs of living, and demands for jobs are ever changing. Through this lesson, students will learn how to use Internet tools to access current information. With

### Lesson Description. Texas Essential Knowledge and Skills (Target standards) Skills (Prerequisite standards) National Standards (Supporting standards)

Lesson Description Students will analyze families finances to identify assets and liabilities. They will use this information to calculate the families net worth and learn the benefits of having a positive

### OA3-10 Patterns in Addition Tables

OA3-10 Patterns in Addition Tables Pages 60 63 Standards: 3.OA.D.9 Goals: Students will identify and describe various patterns in addition tables. Prior Knowledge Required: Can add two numbers within 20

### This lesson plan is from the Council for Economic Education's publication: For more economic and personal finance lesson plans, visit:

This lesson plan is from the Council for Economic Education's publication: Focus: Economics - Grades K-2 To purchase Focus: Economics - Grades K-2, visit: http://store.councilforeconed.org/focusk2.html

### Banking and Budgeting

Banking and Budgeting By Dawn R. Owens and Lisa Rutner Federal Reserve Bank of Atlanta Lesson Plan of the Year Contest, 2007 2008 Second Place LESSON DESCRIPTION This five-day unit is designed as a hands-on

### Comparing Simple and Compound Interest

Comparing Simple and Compound Interest GRADE 11 In this lesson, students compare various savings and investment vehicles by calculating simple and compound interest. Prerequisite knowledge: Students should

### Change Number Stories Objective To guide children as they use change diagrams to help solve change number stories.

Number Stories Objective To guide children as they use change diagrams to help solve change number stories. www.everydaymathonline.com epresentations etoolkit Algorithms Practice EM Facts Workshop Game

### 1 Mathematics Curriculum

New York State Common Core 1 Mathematics Curriculum G R A D E GRADE 1 MODULE 1 Topic F Development of Addition Fluency Within 10 1.OA.3, 1.OA.6 Focus Standard: 1.OA.3 Apply properties of operations as

### BPS Math Year at a Glance (Adapted from A Story Of Units Curriculum Maps in Mathematics K-5) 1

Grade 4 Key Areas of Focus for Grades 3-5: Multiplication and division of whole numbers and fractions-concepts, skills and problem solving Expected Fluency: Add and subtract within 1,000,000 Module M1:

### Lesson Description. Texas Essential Knowledge and Skills (Target standards) National Standards (Supporting standards) PFL Terms Interest rate

Lesson Description This lesson focuses on the various sources people use for borrowing money or using credit. Some people, especially those who do not know all their options, borrow money from lenders

### Ratios and Proportional Relationships: Lessons 1-6

Unit 7-1 Lesson 1-6 Ratios and Proportional Relationships: Lessons 1-6 Name Date Classwork Book Math 7: Mr. Sanford Lessons 1-6: Proportional Relationship Lesson 1-1 Lesson 1: An Experience in Relationships

TM parent ROADMAP MATHEMATICS SUPPORTING YOUR CHILD IN GRADE FIVE 5 America s schools are working to provide higher quality instruction than ever before. The way we taught students in the past simply does

### TEACHER S GUIDE. A Financial Literacy Unit for 4th-, 5th- and 6th-Grade Classes

TEACHER S GUIDE A Financial Literacy Unit for 4th-, 5th- and 6th-Grade Classes Dear Teacher, Financial decision-making skills are critical for young people s life-skills development not only for today,

### Grade 4 Multi-Digit Multiplication and Division with One Divisor Unit of Instruction

Grade 4 Multi-Digit Multiplication and Division with One Divisor Unit of Instruction This is a progressive unit of instruction beginning with students investigating the concrete area model of fraction

### Saving and Creating a Personal Budget

Grade Five Saving and Creating a Personal Budget Overview Students share several chapters of the book From the Mixed-Up Files of Mrs. Basil E. Frankweiler, by E.L. Konigsburg, to learn about the role of

### Financial literacy describes the knowledge, tools and skills that are essential to

State Board of Education-Adopted Appendix B: Financial Literacy and Mathematics Education Page 1 of 20 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Appendix B: Financial Literacy and Mathematics Education Financial

### Andrew T. Hill, Ph.D., Federal Reserve Bank of Philadelphia

By Peter H. Reynolds/ISBN: 076362623-6 Lesson by: Andrew T. Hill, Ph.D., Federal Reserve Bank of Philadelphia Lesson Description In this lesson, students learn about scarcity, alternatives, choices and

### Content Checklist at Phase II. Vocabulary at Phase II. Money

Content Checklist at Phase II Identifying coins and bills and state the value of each in cents or dollars Identifying specialty coins and state their value Recognizing the monetary value of coins and notes

### Lesson 8 Save and Invest: The Rise and Fall of Risk and Return

Lesson 8 Save and Invest: The Rise and Fall of Risk and Return Lesson Description This lesson begins with a brainstorming session in which students identify the risks involved in playing sports or driving

### Charts, Tables, and Graphs

Charts, Tables, and Graphs The Mathematics sections of the SAT also include some questions about charts, tables, and graphs. You should know how to (1) read and understand information that is given; (2)

### Lesson Plan -- Percent of a Number/Increase and Decrease

Lesson Plan -- Percent of a Number/Increase and Decrease Chapter Resources - Lesson 4-11 Find a Percent of a Number - Lesson 4-11 Find a Percent of a Number Answers - Lesson 4-12 Percent of Increase and

### Budgeting Made Simple: Money Management 101

financial literacy Budgeting Made Simple: Money Management 101 Aim Given budget guidelines and a scenario that includes household income and expenses, students will be able to develop a level-appropriate

### Wants and Needs. Grade One. Overview. Prerequisite Skills. Lesson Objectives. Materials List

Grade One Wants and Needs Overview Students share the book Something Good, by Robert Munsch, to learn about unlimited wants, limited resources, choice, and counting money. They complete worksheets on determining

### Lesson Description. Texas Essential Knowledge and Skills (Target standards) Texas Essential Knowledge and Skills (Prerequisite standards)

Lesson Description Students will consider the advantages of saving for a college education. Using an online savings calculator, students will explore how small amounts of money invested regularly, including

### Lesson 4: Efficiently Adding Integers and Other Rational Numbers

Lesson 4: Efficiently Adding Integers and Other Rational Numbers Student Outcomes Students understand the rules for adding integers: Add integers with the same sign by adding the absolute values and using

### Major Work of the Grade

Counting and Cardinality Know number names and the count sequence. Count to tell the number of objects. Compare numbers. Kindergarten Describe and compare measurable attributes. Classify objects and count

### Mathematical Reasoning. Lesson 6: Fractions Multiplication and Division. LESSON 6: Fractions Multiplication and Division

LESSON 6: Fractions Multiplication and Division Weekly Focus: fractions Weekly Skill: multiplication, division Lesson Summary: First, students will solve a word problem involving fractions. In Activity

### Progressing toward the standard

Report Card Language: add, subtract, multiply, and/or divide to solve multi-step word problems. CCSS: 4.OA.3 Solve multistep work problems posed with whole numbers and having whole-number answers using

Leads to Financial Prosperity Educating yourself about money The material has covered many financial topics you will encounter throughout your life. This knowledge provides the skills necessary to map

### INTRODUCTION TO CREDIT

Grades 4-5 Lesson 3 INTRODUCTION TO CREDIT Key concepts: card companies. Borrowing money through credit, evaluating credit and credit Summary: This lesson introduces students to credit cards, credit card

### FEDERAL RESERVE BANKS OF ST. LOUIS AND PHILADELPHIA

FEDERAL RESERVE BANKS OF ST. LOUIS AND PHILADELPHIA ECONOMIC EDUCATION By Mercer Mayer / ISBN: 978-0-06-083557-6 Lesson Author Amanda Hughey, University of Delaware Standards and Benchmarks (see page 19)

### Managing Money. Where does your money go? Eight Steps to Better Money Management. Setting Goals

Option 7 Teacher Information Page 1 Where does your money go? Managing Money If you do not keep track of your expenses, you won t whether you are spending your money wisely. When you know where your money

### Lesson 2 Budget to Save: Developing a Budget

Lesson 2 Budget to Save: Developing a Budget Lesson Description In the weeks prior to the start of the unit, students track their expenditures during a two-week period. In class, students create a group

### Lesson 9: To Rent-to-Own or Not to Rent-to-Own?

All About Credit Lesson 9: To Rent-to-Own or Not to Rent-to-Own? Standards and Benchmarks (see page C-61) Lesson Description Students review the elements of a contract. They discuss the characteristics

### Short-Term and Long-Term Savings Goals

Grade Five Short-Term and Long-Term Savings Goals Content Standards Overview Students share several chapters from the book The Leaves in October, by Karen Ackerman, to learn about earning an income, saving,

### Understanding Income and Expenses EPISODE # 123

Understanding Income and Expenses EPISODE # 123 LESSON LEVEL Grades 4-6 KEY TOPICS Entrepreneurship Income and expenses Cash flow LEARNING OBJECTIVES 1. Understand what your income and expenses are. 2.

### Carroll County Public Schools Elementary Mathematics Instructional Guide (5 th Grade) Unit #4 : Division of Whole Numbers and Measurement

Background Information and Research By fifth grade, students should understand that division can mean equal sharing or partitioning of equal groups or arrays. They should also understand that it is the

### Using Proportions to Solve Percent Problems I

RP7-1 Using Proportions to Solve Percent Problems I Pages 46 48 Standards: 7.RP.A. Goals: Students will write equivalent statements for proportions by keeping track of the part and the whole, and by solving

### Fractions and Decimals

Fractions and Decimals Objectives To provide experience with renaming fractions as decimals and decimals as fractions; and to develop an understanding of the relationship between fractions and division.

Lesson Grade 4 2 Lesson Three-Digit Addition and Subtraction As we move forward this week into word problems and multi-digit addition and subtraction, continue to focus on anything your child struggled

### Fry Instant Word List

First 100 Instant Words the had out than of by many first and words then water a but them been to not these called in what so who is all some oil you were her sit that we would now it when make find he

### Shopping. Grade One. Overview. Prerequisite Skills. Lesson Objectives. Materials List

Grade One Shopping Overview Students share the book Just Shopping with Mom, by Mercer Mayer, to learn about shopping and counting money. They complete activities on examining coupons and shopping for bicycle

### Chapter 3 Understanding Money Management. Nominal and Effective Interest Rates Equivalence Calculations Changing Interest Rates Debt Management

Chapter 3 Understanding Money Management Nominal and Effective Interest Rates Equivalence Calculations Changing Interest Rates Debt Management 1 Understanding Money Management Financial institutions often

### This lesson plan is from the Council for Economic Education's publication: To purchase Focus on Economics: Personal Decision Making, visit:

This lesson plan is from the Council for Economic Education's publication: Focus on Economics: Personal Decision Making To purchase Focus on Economics: Personal Decision Making, visit: http://store.councilforeconed.org/foconecperde.html

### Lesson Description. Concepts. Objectives. Content Standards. Time Required. KaChing! Lesson 4: Your Budget Plan

Lesson Description Students work in pairs to participate in a Track Star game that illustrates positive and negative spending behaviors. Each pair of students analyzes the Track Star results, identifies

### Counting Change and Changing Coins

Grade Two Counting Change and Changing Coins Content Standards Overview Students share the book The Penny Pot, by Stuart J. Murphy, to learn about choices, producers and consumers, and counting money.

### Solve each equation by using models or a drawing. x = 3 Simplify. Check the solution. Since 2 (3) + 3 = 9, the solution is 3.

3-5 Solving Two-Step Equations MAIN IDEA Solve two-step equations. New Vocabulary two-step equation Math Online glencoe.com Concepts In Motion Etra Eamples Personal Tutor Self-Check Quiz MONEY A florist

### = > < number and operations in base Ten. Read and Write Whole Numbers... 4 4.NBT.1, 4.NBT.2

in 3 + + > < > < Module number and operations in base Ten Lesson Read and Write Whole Numbers 4 4NBT, 4NBT2 Common Core State Standards Lesson 2 Compare and Order Whole Numbers 8 4NBT2 Lesson 3 Lesson

### Rational Number Project

Rational Number Project Fraction Operations and Initial Decimal Ideas Lesson 12: Overview Students review ordering and equivalence and practice adding and subtracting decimals in problem solving contexts.

### Lesson/Unit Plan Name: Multiplication Facts Made Easy

Grade Level/Course: Grades 3-6 Lesson/Unit Plan Name: Multiplication Facts Made Easy Rationale/Lesson Abstract: Teachers can eliminate the stress associated with developing fluency with multiplication

Overview of Mathematics Task Arcs: Mathematics Task Arcs A task arc is a set of related lessons which consists of eight tasks and their associated lesson guides. The lessons are focused on a small number

### Expressions and Equations

Expressions and Equations Standard: CC.6.EE.2 Write expressions that record operations with numbers and with letters standing for numbers. For example, express the calculation Subtract y from 5 as 5 y.

### Experience is a hard teacher because she gives the test first, the lesson afterward. Vernon Law DRAFT

! Lesson 2-4 Ins and Outs 111 Lesson 2-4 Ins and Outs Learning Objec-ves 1. Distinguish between inputs (independent variables) and outputs (dependent variables). 2. Evaluate expressions and formulas. 3.

### Decomposing Numbers (Operations and Algebraic Thinking)

Decomposing Numbers (Operations and Algebraic Thinking) Kindergarten Formative Assessment Lesson Designed and revised by Kentucky Department of Education Mathematics Specialists Field-tested by Kentucky

### Control Debt Use Credit Wisely

Lesson 10 Control Debt Use Credit Wisely Lesson Description In this lesson, students, through a series of interactive and group activities, will explore the concept of credit and the impact of liabilities

### Grade 03 Social Studies Unit 10 Exemplar Lesson 01: Managing Money

Grade 03 Unit 10 Exemplar Lesson 01: Managing Money Unit: 10 Lesson: 01 Suggested Duration: 4 days This lesson is one approach to teaching the State Standards associated with this unit. Districts are encouraged

### Mathematics Interim Assessment Blocks Blueprint V

6-7 Blueprint V.5.7.6 The Smarter Balanced Interim Assessment Blocks (IABs) are one of two distinct types of interim assessments being made available by the Consortium; the other type is the Interim Comprehensive

### Subtraction 1.3. Overcoming Math Anxiety

1.3 Subtraction 1.3 OBJECTIVES 1. Use the language of subtraction 2. Subtract whole numbers without borrowing 3. Solve applications of simple subtraction 4. Use borrowing in subtracting whole numbers 5.

### The Economic Way of Thinking

LESSON 3 The Economic Way of Thinking Introduction Often, when you talk to a friend or relative, you learn about situations that make you scratch your head and ask, Why would a person do this? Here are

### 2 Mathematics Curriculum

New York State Common Core 2 Mathematics Curriculum G R A D E x GRADE 2 MODULE 1 Topic B Mental Strategies for Addition and Subtraction Within 20 2.OA.1, 2.OA.2 Focus Standard: 2.OA.1 Use addition and

### Lesson 3: Using Inequalities to Problem Solve

Lesson 3: Using Inequalities to Problem Solve Selected Content Standards Benchmarks Addressed: N-1-M Demonstrating that a rational number can be expressed in many forms, and selecting an appropriate form

### Numbers and Operations in Base 10 and Numbers and Operations Fractions

Numbers and Operations in Base 10 and Numbers As the chart below shows, the Numbers & Operations in Base 10 (NBT) domain of the Common Core State Standards for Mathematics (CCSSM) appears in every grade

### Acquisition Lesson Plan for the Concept, Topic or Skill---Not for the Day

Acquisition Lesson Plan Concept: Linear Systems Author Name(s): High-School Delaware Math Cadre Committee Grade: Ninth Grade Time Frame: Two 45 minute periods Pre-requisite(s): Write algebraic expressions

### Lesson 18: Introduction to Algebra: Expressions and Variables

LESSON 18: Algebra Expressions and Variables Weekly Focus: expressions Weekly Skill: write and evaluate Lesson Summary: For the Warm Up, students will solve a problem about movie tickets sold. In Activity

### A Plan for the Future: Making a Budget

A Plan for the Future: Making a Budget LESSON 9: TEACHERS GUIDE Cash. Moola. Cha-Ching. No matter what we call it, we all make, spend and save money. While students may recognize the concepts of working,