Estimated Lesson Time: 55 minutes

Students will be able to:
-Experience cognitive biases through thought experiments
-Identify various cognitive biases
-Give examples of cognitive biases in your own life
-Explain what cognitive bias is and how it can impact our decision making

ANSWER KEY LINKS: Create a Next Gen Personal Finance (NGPF) account to access answer keys. They will be listed under the Full Year Curriculum tab.

Estimated Lesson Time:

Students will be able to:
-Understand what herd mentality and FOMO are
-Explain how these two cognitive biases impact our personal finances
-Identify practical steps someone can take to combat the influence of herd mentality and FOMO

ANSWER KEY LINKS: Create a Next Gen Personal Finance (NGPF) account to access answer keys. They will be listed under the Full Year Curriculum tab.

This interactive spreadsheet walks students through the process of effectively saving for retirement, including how much they will need to live comfortably as well as how much they need to contribute annually to meet that goal.

Estimated Lesson Time: 85 minutes

Students will be able to:
-Identify how the endowment effect and sunk costs affect our decision making
-Discuss how the endowment effect and sunk costs are connected to our personal finances
-Demonstrate making decisions after you’ve already spent time, money, or effort
-Choose strategies that are helpful in combating the endowment effect and sunk costs

ANSWER KEY LINKS: Create a Next Gen Personal Finance (NGPF) account to access answer keys. They will be listed under the Full Year Curriculum tab.

Save, Spend, Share is a budgeting activity designed for young (Grades 1-3) students. It is designed to teach the importance of trade-offs and the balance of saving, spending, and sharing.

Estimated Lesson Time: 45 minutes

Students will be able to:
-Understand how social media can influence spending habits
-Analyze marketing techniques from social media and advertising that encourage spending

ANSWER KEY LINKS: Create a Next Gen Personal Finance (NGPF) account to access answer keys. They will be listed under the Full Year Curriculum tab.

Estimated Lesson Time: 45 minutes

Students will be able to:
-Understand how the context of various situations can affect the financial decisions they make
-Define economic terms about the paradox of value
-Assess which of their personal values most affect how they interact with money

ANSWER KEY LINKS: Create a Next Gen Personal Finance (NGPF) account to access answer keys. They will be listed under the Full Year Curriculum tab.

Estimated Lesson Time: 45 minutes

Students will be able to:
-Identify different ways that they relate to money
-Assess their own personal values that shape how they make financial decisions

ANSWER KEY LINKS: Create a Next Gen Personal Finance (NGPF) account to access answer keys. They will be listed under the Full Year Curriculum tab.