*Can be used as an assessment after teaching + - x / decimals. Great for use before or after winter break as an easy math refresher! Can easily be used anytime of the year, year after year!*
This project would be best done individually as an assessment, but can easily be done with partners.
2 to 4 days "in class" project (based on 50 minute class periods).
*Mini lessons during or prior regarding credit/debit/savings accounts would be incorporated well with this project.
Part 1: (pages 3-9)
-Students set a goal to "buy" something
-Students are given 12 different saving/spending money real life scenarios/problems to add, subtract, multiply and divide decimals
Part 2: (pages 10-12)
-Once completing part 1, students use the answers from part 1 to create a "tracking sheet" to balance their savings account.
-Students have checkpoints to monitor their work as they go.
Part 3: (page 13)
-Students use their creative side to design their own credit card, which should include all the components of a credit card.
-This is set up in a way that the teacher checks for understanding based on completion. Each problem has a rubric for grading (Total Understanding is 3 points, Partial Understanding 2 pts, Little to no understanding is 1 pt). This allows the teacher the ability to work with students that truly need the extra help. For example, I have my students come to my desk for every 2-3 problems they complete. If they got the correct answer with the correct answer along with the correct work (which can be shown in multiple ways some times), I circle 3 points and check mark verifying the problem is complete. If they need a hint/made a
"silly mistake" I slash out the 3 points and guide them, if they come back correct, they get 2 points. If I am needing to really guide and help the students, they get 1 point.
Check student's "checkpoints" to make sure the balance is accurate before they continue. This will allow for them to continue accurately with balancing their account.
Encourage them to not have boring all blue/gray card! Tell them to be creative!
-Have more advanced students show the multiple ways to solve each problem / no use of calculator / create extension activity of having students create their own scenarios to continue "saving money" / Create a list of questions to make students think more about different things they could have done to save more money, etc.
-For lower level students, accept multiplication problems as repetitive addition / use of calculator / provide a key of answers for the 12 problems, etc.
I would love to hear different ways you differentiate this project/lesson in your classroom as well!
Thank you for your purchase- please let me know if you have questions or comments.