This article presents the idea of creating a financial vision board to help kids achieve short and long-term savings goals. The related activity guides them in constructing and personalizing their board.
Fifty Nifty Econ Cards are designed for elementary and middle school students to assist them in developing a knowledge base of economic and personal finance words. Using the accompanying Teacher Resource Guide (English|Spanish) to introduce the word cards and meanings to students should help provide a foundation in economic thinking. Multiple activities are available for students.
- Business, Finance and Information Technology Education
- Material Type:
- Federal Reserve Bank of Kansas City
- Federal Reserve Bank of Kansas City
- Date Added:
This resource contains interactive online tales to teach students useful financial management skills. Included with the resource are enrichment activities, family activities, and teacher resources. Students can choose the Read to Me mode to have the story read to them or the Read to Myself mode to read the story themselves.
In this lesson, students will listen to the story of Thomas Edison and Henry Ford, two American innovators who became lifelong friends. Students will learn about the products created by the two men, and how their consumers affected their production and price setting. Students also will learn how curiosity and determination led to innovation of ideas, goods and services that improve human quality of life. Students then will demonstrate innovation by helping solve a problem in their community.
Jay's interactive adventure allows students to choose their own adventure as they walk through the process of starting their own business. Through videos, interactive elements and classroom activities, Jay Starts a Business helps introduce students to entrepreneurship and related economic and financial concepts. NOTE: You must right-click "Launch Jay Starts a Business" and choose "Open link in a new tab" to access the interactive resource.
Through this lesson and role-play activity, students will become familiar with how to develop a business plan and the steps an entrepreneur should take to become a business owner. They will learn personal finance concepts that relate to entrepreneurship.
In this lesson, students read a financial fable, Percy Peacock and the Credit Crisis and learn about "moral money" and how to apply it to their own lives.
In this lesson, students listen to a personal finance story written and illustrated by an economics magnet school student that has now been published as a book. After an explanation of their own class book project on the topic of personal finance tips has been given, students will discuss sample tips and their meanings. Students will then create an original tip and illustration as a page for the class book to be self-published.
Students are introduced to the costs and benefits of credit. It explains credit terms and the "Three C's of Credit" that lenders use to qualify consumers for loans. Learning about the CARD Act will help students understand the financial details involved in using credit, as well as their rights as consumers. The assessment asks students to write tips for the wise use of credit, which should help them in developing better financial decision-making.
This lesson highlights the resources needed for a business and key information entrepreneurs should consider before starting a business. Through the story and activities, students will learn about division of labor and identify risks and rewards entrepreneurs may face when starting a business.
In this lesson, students learn about tastes and preferences related to the goods and services they purchase and how the bandwagon effect can influence what they buy. They listen to the book Those Shoes to understand how preferences affected the shopping decisions made in the story. In a related activity, students survey classmates on their own shoe choices and graph their results to share.