This lesson plan goes with Volume 5 of the series Finance for Kidz by Professor Prakash L Dheeriya. The lesson plan includes activities that a teacher can do while teaching this topic. There are always costs involved whenever anyone makes a decision. This concept of opportunity costs is very important while making any decision.
By understanding this basic concept, children of all ages can get a better understanding of money, finances, economy, business, credit, budgeting. In addition, they can better manage their personal finances, including allowances, checking account and credit cards.