Financial Basics — Lesson 106
Taking Charge of Your Financial Future
Students play a card game with 'Financial Goal Cards' and 'Opportunity Cards', where they travel to various stations in class, making decisions that help them reach a financial goal.
What Students Learn
1. Setting financial goals is important to achieving financial success
2. To achieve financial goals one must consider:
- Opportunity costs
- Immediate vs. delayed gratification
- How to prioritization spending decisions
3. Achieving financial goals can be done in small steps over a long period of time
Suggested Time
- Preview and Episode Viewing: 45 minutes
- Activity 1: 30-45 minutes
BK Hosts: Be SMART With Money
Lessons in Financial Basics
Lesson
Money Math – Who Needs It?
What Students Learn
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Whether you need to calculate the tip, make change, or grow your savings, it’s all about the math in money.
Lesson
How to Achieve Your Financial Goals
What Students Learn
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Learn how to track expenses, control spending, and invest what’s left over to reach your financial goal.
Lesson
Don’t Blow Your Dough
What Students Learn
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Biz Kid$ beware! Put your money in a safe place and beware of scams, schemers, and identity theft.
Lesson
Budgeting Basics
What Students Learn
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The first rule of money management: you can’t manage what you don’t know. Learn how to track expenses to build a better budget.
Lesson
Are You Financially Literate
What Students Learn
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Get financially empowered by learning how to set goals, create a budget, save, and manage money.
Lesson
Where’s My Allowance?
What Students Learn
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What can you do with your allowance? Spend, save, share!
Lesson
Take it to the Bank
What Students Learn
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Learn the difference between banks, credit unions and other financial institutions, and which one is right for you.
