Search Results for: EARNING

Understanding the concept of opportunity cost is critical for good decision making. The ability to identify the opportunity cost—the highest valued alternative that must be given up when another option is chosen—helps people to assess their alternatives.

This lesson uses a Better Money Habits video to help students better understand the process of finding a place to live.

This lesson uses a Better Money Habits video to reinforce budgeting concepts.

In this personal finance lesson, students will research mobile apps for financial decision making.

One of the most important financial decisions people make is whether to go to college. The price tag of a college education is rising, but so are the benefits. In this lesson, students will begin by learning the relationship between level of education and the average unemployment rate; and l…

This lesson investigates the value of sports franchises in the various professional sports leagues. Students will investigate the revenues and costs of pro sports teams and determine which teams are the most valuable. Lastly, students will understand the specific rules of the game that lea…

In this personal finance lesson, students will identify the opportunity cost of a spending decision.

Friday the 13th was your lucky day. You won the lottery! The lottery officials have given you a choice. You can either receive the $10 million now in one lump sum, or you can receive $1 million a year for the next 20 years. Now what do you do?

This updated lesson is based on the novel, Lyddie, by Katherine Paterson. Set mainly in Lowell, Massachusetts, in the 1840s, 13-year-old Lyddie Worthen, works six days a week, from dawn until dusk, running weaving looms in a murky dust-and lint-filled factory, trying to save enough money to…

In this personal finance lesson, students will compare the impact of time on long-term investments.