Students participate in a puzzle activity to identify leadership characteristics that Abraham Lincoln possessed. They review the changes in the redesigned $5 note and consider how LincolnŐs leadership characteristics contribute to the fact that he is pictured on the $5 note. Students look at a timeline of LincolnŐs life and identify significant events in his road to the White House. They play a game to review content learned in the lesson.

Students will learn that money is an invention. They will read and analyze an essay focusing primarily on one aspect of Ben FranklinŐs lifeŃhis work as a printerŃand how he was an inventor and entrepreneur who also promoted the use of currency in the United States. Students will cite specific textual evidence regarding problems and solutions and will answer questions and complete a timeline. By using evidence and information gleaned from text, students will write a fictitious social media post defending the selection of Ben FranklinŐs portrait for the $100 note.

Bank of America and Khan Academy created an online partnership to educate consumers about the basics of personal finance and money management. Students sign up for free and can accumulate points and earn badges on many topics including credit, taxes, personal banking/security, saving, school expenses, home buying, car buying, and debt. Tools include informative videos, infographics, key takeaways, and short quizzes.

Launched in 1997, the site provides tools to help parents as well as educators teach children to manage money wisely and develop good financial habits: the building blocks for a secure future.   Provides both content information and interactive activities for all age groups.

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 is a program to help middle schoolers develop an understanding of complex economic concepts, make financial judgments, and assign a value to purchases and brands.  It is an interactive program that has lesson plans and activities to go with each module.This course covers:Financial Values & Goal-SettingBudgeting and Opportunity CostsSaving and InvestingPayment TypesBankingRisk vs. ReturnPlanning for the Future 

Students will be able to:
-Identify various rules of thumb and strategies to save money
-Determine whether a direct deposit or manually saving is the best strategy for them
-Understand how compound interest works to increase savings
-Explain how to use the Rule of 72
-Recommend different mobile apps that can help them manage and increase their savings

Students listen to a story written in rhyme about a bunny who has a lot of money in her piggy bank. Students distinguish between spending and saving and goods and services. They play a matching game to review the content of the story and to practice rhyming words.

The Piggy Bank Primer: Budget and Saving e-book for 7 through 9 year olds uses a story, activities, and puzzles to introduce basic economic conceptsŃsaving, savings plan, spending, costs, benefits, goods, services, and opportunity cost.

Site provides lessons, tutorials, interactive games, and resources to teach and learn personal financial concepts such as credit, budgeting, purchasing, and personal goal setting

Learning Objectives
Students will be able to
Define investing and distinguish it from saving and trading.
Identify reasons for investing, including outpacing inflation.
Analyze how compounding builds wealth over time.
Reflect on how investing contributes to wealth inequality.

Approximate Time
Lesson length: 90 mins