Monday, July 16, 2012

K-12 Turn Key Lessons to Teach Financial Literacy Skills


Financial education legislation is spreading across the country. According to this comprehensive NEFE study, teachers recognize the importance of a financial education but do not feel qualified to provide one.  The purpose of this post is to provide teachers who are financial literacy content novices with lessons that can be easily incorporated into various subject areas in the K-12 classroom.

Criteria established for the lessons:
  • The tools and resources needed for the lessons are free
  • The lessons can be integrated into core subject area classrooms
  • The lessons are aligned to national standards
  • The lessons are easily understood and applicable for content novices
  • There are lessons for those who can incorporate technology and lessons for those who cannot
3 Turn Key Lessons for the Elementary Grades
  • Avengers Comic Teaches Money Skills: Join Spider-Man and the Avengers in this exciting educational comic about saving money and saving the day. The heroes team up to defeat the villain Mole Man and his evil army, all the while learning important financial skills. The action-packed comic features a budgeting worksheet, finance terms and more.
    • No technology required
  • How Kids Earn Money: After clicking on the hyperlink click on the lesson entitled ‘How Kids Earn Money’. The Centsables is a comprehensive website full of quality lessons and robust support resources. 
    • Technology is required
  • My Classroom Economy: The classroom economy program is a robust classroom management system that benefits both teacher and students. The hyperlinked lesson is only part of a comprehensive experiential learning program.
    • No technology required
  • Summer Time Fun For Kids: Secret Millionaires Club
3 Turn Key Lesson for Middle School Grades
  • You’re Going to College: Students explore the costs and the benefits of going to college. They participate in a three-part game designed to help them understand the decisions associated with attending college and the benefits available to college graduates.
    • Technology is required
  • The Secrets of Saving: In this lesson, participants will begin by completing a money scavenger hunt to create excitement about saving money. (Note – you need to create a free account with FEFE to download the lesson.
    • Technology is not required
  • How to Buy and Sell Stocks and Bonds: What is most important to understand about this lesson is it’s supported by Gen I Revolution.  Gen I Revolution is a terrific financial simulation for middle school students.
    • Technology is required
  • Summer Time Fun For Kids: Groove Nation
3 Turn Key Lessons for the High School Grades
  • Credit, Debt and Prepaid Cards: You will need to scroll down to module 3. This lesson does not require technology, however it is best supported if students can play the Pro level of Financial Football online.
    • Technology not required but recommended
  • Opportunity Cost: Consumers are faced with tough choices because so many innovative and exciting products and services are available. Therefore, engraining a decision-making process that includes considering of opportunity cost is necessary to shape future consumer behavior.
    • Technology is required
  • How Much Does That Traffic Ticket Really Cost?: A comprehensive lesson on auto insurance and driving responsibilities created by the Ohio Insurance Institute
    • Technology is not required
  • Summer Time Fun For Kids: Bite Club
Hyperlinked K-12 National Standards & Best Practices
Click here to review my “Comprehensive Financial Education Content, Curriculum, and Support Resources” LiveBinder.

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