Financial Literacy

Introduction: Provides an overview to the economic way of thinking, which is the underlying theme in the Personal Financial Literacy standards. 

Standard 1: The student will describe the importance of earning an income and explain how to manage personal income using a budget. 

Standard 1: The student will describe the importance of earning an income and explain how to manage personal income using a budget. 

Standard 1: The student will describe the importance of earning an income and explain how to manage personal income using a budget. 

Standard 1: The student will describe the importance of earning an income and explain how to manage personal income using a budget. 

Standard 2: The student will identify and describe the impact of local, state, and federal taxes upon income and standard of living. 

Standard 2: The student will identify and describe the impact of local, state, and federal taxes upon income and standard of living. 

Standard 3: The student will describe the functions and uses of banks and other financial service providers. 

Lesson 1.1 Jobs versus Careers Lesson1.2 IncomeandTaxes Lesson 1.3 Goal-setting Lesson1.4 ManagingYourIncome 

Lesson 1 Economic Way of Thinking
Handout 1
What Should the

Jones Family Do with Their Vacant

Lot?
Handout 2 - Economic Reasoning Handout 3
Making a Decision 

Lesson 2.1 Taxes: Somebody Has to Pay Lesson 2.2 Voluntary Compliance Activity 2.2.1 Civic Duties and Taxes 

Lesson 3.1 Finding Financial Services Handout 3.1.1 Making a Financial

Match

Handout 3.1.2 Financial Services 

Lesson 4.1 Tracking Your Money Handout 4.1.1 Your Check Register