Personal Finance Lesson Plan

Lesson Plan: What is the importance of developing job skills?

This lesson introduces students to the connection between education attainment and earning potential. Students will participate in a classroom activity where they develop a budget according to a given scenario. Additionally, students will actively read and discuss a Dr. Econ Question: What is the importance of developing job skills?

Learning Objectives:

  • Identify the relationship between education and income level.
  • Develop a budget.
  • Identify the relationship between risk and rate of return.

Estimated Time Required:

  • One 50-minute class period

Materials Needed:

  • Handout #1: Student Budget Board, one per student
  • Handout #2: Budget Card, one budget card per student
  • Handout #3: Discussion questions, one per student
  • Visual #1: Team Budget
  • Calculator, one per student
  • 3×5 cards or a blank sheet of paper, one per student

Lesson Plan Materials (pdf, 6.4 mb)
State Content Standards (pdf, 22 kb)
Personal Finance Presentation (optional) (ppt, 2.21 mb)
Presentation Instructions (pdf, 46 kb)

Related

What is the importance of developing job skills?