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Family Economics and Financial Education

Family Economics and Financial Education

Set, track, and achieve your SMART goals Teacher Lesson Plans – Economics and Personal Finance – Philadelphia Fed. All Lessons Uncle Jed's Barbershop (9-11 years) Children's Literature Lesson Description: Students listen to the book Uncle Jed’s Barbershop, about an African-American barber who, despite significant setbacks, saves enough money to buy his own barbershop. From the story, students learn about saving, savings goals, opportunity cost, and segregation. The students participate in a card game to further investigate what it takes to reach a savings goal. A Lesson to Accompany "The First Bank of the United States: A chapter in the History of Central Banking" (Grades 9-12) In this lesson, through a reader’s theater, students learn about the economics of the early United States and the debate between Alexander Hamilton and Thomas Jefferson over the founding of the first Bank of the United States. The Goat in the Rug (8-10 years) Children's Literature Ten Mile Day (10-12 years) Children's Literature Money, Money, Honey Bunny! (6-8 years) Children's Literature Potato: A Tale from the Great Depression

Financial Literacy Begins at School! According to the National Endowment for Financial Education, as few as ten hours of classroom instruction can be enough to persuade students to improve their spending and saving habits. This week, Education World offers lessons to help get them started on the road to financial responsibility! Included: Lessons about budgets, credit cards, producers and consumers, and more. According to Youth and Money, a study conducted by the American Savings Education Council, fewer than half of U.S. high school and college students have a regular savings plan. Only about one-fourth of those students stick to a budget, and more than one-third don't keep track of their spending at all. Financial illiteracy isn't limited to students. The costs of financial illiteracy are high -- and they last a lifetime! A brief description of each activity appears below. Where Does the Money Go? Charge!? Who Am I? Consumer.gov The U.S. government maintains this one-stop source for federal consumer information.

Junior Achievement Developing Good Credit Habits Key Concepts Credit, Goods, Income, Interest Rate, Interest, Services, Credit Card Goods and Services: Some are Private, Some are Not The role of government is to provide for the common defense, define and protect property rights, and enforce contractual arrangements. Throughout the 20th and early 21st century, government has increased its role in economic life. The role of government has expanded to address so-called market fa... Grades 3-5, 6-8 Calculating Simple Interest How do banks calculate the amount of interest paid on a loan? Grades 6-8, 9-12 Trouble is Brewing in Boston - "Colonial Voices: Hear Them Speak" It’s December 16, 1773 and many of the citizens of Boston are furious with King George’s new tax on tea. Grades K-2, 3-5 To Buy or Not To Buy While precise numbers are not known, it is believed the number of boycotts has grown markedly in the past fifty years. Mystery Workers

Eleventh and Twelfth Grade Money Skills, Teaching High School, Economics, Business Back to Basic Economics Lessons Eleventh and twelve grade students are familiar with choosing electives and by this age, have a better understanding of what interests them and what they want to learn more about. By this grade, many students have completed their required math courses for college admissions and can focus on the courses they plan to use toward their future careers. By now, students know the teachers who are in charge of the business related courses and can decide who and when to learn from. Psychology and advertising play a large role in learning about finances. Students are shocked when this concept is first learned. Some long-term activities teachers will give students are to make up a business plan from the concept, to the advertising, marketing, and opening and keep track of all the cost and time involved. By allowing students to choose these courses at a young age, helps with the decisions of which career path they may pursue at college within the financial field.

Top 10 Investing Tips from Warren Buffett [Infographic] | Moolapedia.com 0 in Share Email Share in Share 0 Email Share Today’s infographic lists the top 10 investing tips from the third-richest man in the world and someone who is regarded as a smart investor. Here’s the list: 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. What are your thoughts on Mr.Buffett’s tips? Infographic courtesy of Best Finance Schools . Financial Literacy Lesson Plans & Financial Planning Tips at NFEC Using the NFEC’s financial literacy lesson plans, instructors build rapport and connections with audiences of all ages and backgrounds. And these fun, engaging lessons also meet core educational standards. Participants from all walks of life will leave inspired to take positive financial action. The NFEC is 100% independent. Lesson Plans for Kids (PK – 6th Grade) Kids start learning financial habits very young. Middle & High School Financial Literacy For students in middle and high school the NFEC has curriculum to prepare youth for the financial real world. College Financial Literacy Lesson Plans College students can benefit their futures by receiving the college-level financial literacy program. Lesson Plans for Adults (Foundation) The NFEC also has created financial literacy lesson plans for adults, to help them achieve financial wellness. Adult (Advanced) Simulated, Mobile & Virtual Learning Choosing Effective Financial Literacy Lesson Plans 1. 2. 3. 4. Share This Article

Money Management & Financial Planning | Smart About Money Lesson Plans Give your students a deeper understanding of money management using a curriculum offered by Practical Money Skills. Here you’ll find lesson plans for students of all ages – from preschoolers and elementary school students to teens and college students. We also offer course materials for students with special needs. Topics range from the basics for the very young, such as “What is Money?” Here, educators will find everything they need to teach a class on personal finance. Email to a friend The information that you provide through this e-mail feature will not be stored by Visa for any other purposes.

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