Pockets Change Financial Literacy: Earned vs. Passive Income

Pockets Change Financial Literacy: Earned vs. Passive Income
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1.41 MB   |   9 pages

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This is an excerpt from the complete Pockets Change Financial Literacy Curriculum, which teaches students personal finance skills, entrepreneurship, stock market, and real estate basics. All lessons are also tied to common core and national standards. They are differentiated and use experiential learning techniques and help students hone 21st century learning skills.

In this lesson, students learn the difference between earned income and passive income. The opening activity is a tag game that can be skipped if the budgeting section from the last lesson is not complete. The second half of the lesson is set up like a Concentration game with everyone in a circle listing different
occupations within a company or business and identifying whether the occupation makes earned or passive income.

This lesson covers the following common core standards:
CCSS.ELA-Literacy.L.6.6
CCSS.ELA-Literacy.L.7.6
CCSS.ELA-Literacy.L.8.6
CCSS.ELA-Literacy.SL.6.2
CCSS.ELA-Literacy.SL.7.2
CCSS.ELA-Literacy.SL.8.2
CCSS.ELA-Literacy.SL.6.3
CCSS.ELA-Literacy.SL.7.3
CCSS.ELA-Literacy.SL.8.3
CCSS.ELA-Literacy.SL.6.4
CCSS.ELA-Literacy.SL.7.4
CCSS.ELA-Literacy.SL.8.4
Total Pages
9
Answer Key
Included
Teaching Duration
1 hour

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Pockets Change Financial Literacy: Earned vs. Passive Income