Lesson Plan: How does your level of education impact your earning potential?
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.
Learning Objectives:
- Identify the relationship between education and income level.
- Develop a budget.
- Manage monthly expenses to maintain a balanced budget.
Estimated Time Required:
- One 50-minute class period
Materials Needed:
- Personal Finance presentation (fully scripted Speaker Notes)
- Handout #1: Student Budget Sheet, one per student
- Calculator, one per student
- Coin, one per student
Budgeting Basics Worksheet (pdf, 437 kb)
Budgeting Basics Presentation (ppt, 34 mb)
Hoja de trabajo de presupuesto (pdf, 143 kb)
Fundamentos de Presupuesto Presentation (ppt, 68 mb)
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How does your level of education impact your earning potential?