Financial Literacy

This week we started another short study. This time our topic is financial literacy. We will learn about goods and services, wants and needs, earning money (income), saving money, spending money and more. Below are some of our outcomes and standards for this study along with a picture of some of the resources we will be using (more to come).

World Class Outcome:
Analyze personal wants and needs in relation to societal wants and needs

21st Century Skill - Financial Literacy:
Analyzes impact of personal choices (e.g. short term financial goals)

Colorado State Standards:

Students can:

a.    Give examples of different types of business and the goods and services they produce for the community

b.    Give examples of types of jobs people in your family have

c.     Recognize that people have a choice about what kinds of jobs they do

Students can:

a.    Define a short-term financial goal

b.    Identify examples of short-term financial goals

c.     Discuss sources of income needed to meet short-term goals such as but not limited to gifts, borrowing, allowances, and income

Homework
Reading ~ Read a good book or two.
Math ~ Home Link 6.7 Practicing with Fact Triangles