This is a list of our "great day-extra pay" and our "too bad-so sad" payments and bonuses from the Financial Literacy: First Steps unit. To investigate personal budgeting and finances, all students participated in a class banking system. Throughout the unit students were required to make payments (for rent, missing supplies, etc.) and could earn bonuses for various activities (cleaning classroom, good grades, etc.) throughout the unit.
"Financial Literacy: First Steps" is designed to develop students' basic knowledge of some of the life skills our students will need when they deal with the real economic world. Our unit includes personal budgeting, needs versus wants, wages, banking, taxes, and protecting one's personal financial resources. At the conclusion of the study, students will know the finances of employment, how to apply reliable information and systematic decision-making to personal financial decisions, and recognize and accept differences among peers' values and attitudes about money.
If you would like to see more of the activities available from the Financial Literacy: First Steps unit consider:
Unit Agenda: Can Money Go Up in Smoke?; Heady Percents; Fractions-Decimals-Percents; Intro to Really Large Numbers; Percent Increase and Decrease; Itemized Spending Log; Journal; Days of Interest Notes; Number Line Creations; Price of Gasoline; Transaction Ledger