This download contains three (3) Financial Literacy Station Activities and 12 Career Cards that support 7th Grade Math TEKS 7.13A and 7.13C.
Students will choose an occupation (career card) and must use the information provided to complete the station activities. Career cards contain each student's job title, salary, number of children and marital status. This information is necessary for creating a budget and paying income taxes.
Station #1—Students will practice creating a monthly financial budget.
Station #2—Students will practice calculating the sales taxes on a given purchase.
Station #3—Students will practice finding income taxes based on their given scenario.
7.13(A) Calculate the sales tax for a given purchase and calculate income tax for earned wages
7.13(B) Identify the components of a personal budget, income; planned savings for college, retirement, and emergencies; taxes; and fixed and variable expenses, and calculate what percentage each category comprises of the total budget