This lesson was created to enable high school students in a personal finance, business or economics course to learn principles of personal finance by applying them to a fictional case study. The case study “Lydia and Tyler” was written by Prof. Donald Liu of the University of Minnesota and used in Minnesota’s 2016 Personal Finance Decathlon State Competition. It is included here with Prof. Liu’s
The lesson may be used at any time during the course or as an extension project. The teacher is encouraged to read the entire case study and be prepared to offer explanations and supplemental materials to help the students in their inquiry. Some students may be able to manage the inquiry on their own, using free online resources, but others may need significant scaffolding.