Recommended Website Scholastic:
Money In Motion
Scholastic.com offers FREE, brand new lesson plans designed to teach students how to manage finances. The website introduction says, “In 2003, teens spent a whopping $175 billion, yet less than 40 percent of high school students receive any formal financial education.” To rememdy that dire statistic, The American Bankers Association Education Foundation, in collaboration with Scholastic Inc., developed a series of lesson plans to provide students with a financial education. The program meets national standards in math, social studies, economics, and financial literacy.
While the program is designed for students in grades 9-12, many of the concepts and activities could be understood and completed by younger students with parental guidance. In fact, parents may want to read through the lesson plans and use the information just to discuss managing money with children when the topic comes up at home.
When you get to the site you will see the introduction and a menu that provides:
- Lesson Plans – Downloadable and printable lessons, worksheets, and quiz that cover topics such as credit, checking accounts, investing, and taxes.
- Teacher Resources – Downloadable pdf files with tools designed for classroom teachers such as posters, answer keys, etc.
- Student Resources – A downloadable pdf file called “Student Finance Guide.” This contains a glossary of financial terminology, worksheets and exercises in long-term financial goal-setting, and information on credit cards.
The information provided here offers a great introduction to money management — information that everyone should know. Use it to introduce a conversation about money management, discuss various financial concepts, and practice money management skills. It may springboard your students or family into furthering their financial education, by learning how to make money work for you — so that you don’t always have to work for money. :)
