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Grades 3-5
Shark Scam: Money Tales
Students read about two scheming sharks and decide were to invest their money.
Key Concepts: Goods and Services, Money, Money
Standards
Concepts
In this lesson from the St. Louis Federal Reserve’s Making Personal Finance Decisions curriculum students discover that all elements of a budget are essentially spending on goods and services.
Making a Budget—It Is All Spending! is lesson 5A of Unit Five: Budgeting. These valuable personal finance lessons are divided into 10 themed units, with each unit containing two lessons. The twenty individual lessons employ a variety of teaching strategies designed to engage students in the learning process and equip them with the knowledge and skills necessary to make informed personal finance decisions.
Description
Students discover that all elements of a budget are essentially spending on goods and services. They are shown a process for establishing a budget.
Related Resources
Grades K-2, 3-5
Curious George Economics
Use the lovable character Curious George to capture student attention while teaching about personal finance and economics.
Key Concepts: Factors of Production, Goods and Services, Productive Resources…
Grades K-2, 3-5
Goods & Services (Lightning Round)
In this economics activity, you will learn about goods and services via drag and drop classification.
Key Concepts: Goods and Services
Grades K-2
Matching Goods and Services
In this economics activity, students will match key terms with the appropriate pictures.
Key Concepts: Goods and Services
