Personal financial literacy. The student applies mathematical process standards to manage one's financial resources effectively for lifetime financial security. The student is expected to:
- (1) define income tax, payroll tax, sales tax,
and property tax;
- (A) explain the difference between gross income and net income;
- (B) identify the advantages and disadvantages of different methods of payment, including check, credit card, debit card, and electronic payments;
- (C) develop a system for keeping and using financial records;
- (D) describe actions that might be taken to balance a budget when expenses exceed income; and
- (E) balance a simple budget.
Math in the Real World - Budgeting Planning Project
Introduce your students to the world of making a budget with an immersive “It’s My Life” budgeting for kids project.
Financial Literacy for Kids - Instructional Slide Deck
Teach your students the ins and outs of financial literacy with an instructional slide deck.
Financial Literacy for Kids - Finance Word Wall
Introduce your students to the world of financial literacy with an illustrated personal finance word wall for kids.
5th Grade Math Review – Test Prep Packet
Encourage your students to work through 8 pages of 5th-grade math problems while charting their progress to measure their success.
Grade 5 Daily Warm-Up – PowerPoint 1
A 75-slide PowerPoint presentation containing a variety of quick warm-up activities.
Balancing a Budget – Worksheet
Practice how to balance a budget with this financial literacy worksheet.
Gross and Net Income – Task Cards
Explore the difference between gross income and net income with this set of 24 task cards.
Financial Records Independent Game
Engage your students with an independent game while learning how to keep and use financial records.
Types of Taxes – Sorting Activity
Differentiate between different types of taxes with this 24-card sorting activity.
Methods of Payment Mini-Book
Learn about the advantages and disadvantages of different methods of payment with this mini-book.
Financial Literacy Word Wall
Use this set of financial literacy vocabulary cards when teaching about income, budgets, taxes, methods of payment, and financial records.