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Download This Award-Winning Lesson Series

It Just Adds Up is a series of lessons emphasizing economic and personal finance concepts.  They may be downloaded and used only for classroom purposes.  All lessons are copyrighted and may not be used in part or total for any commercial purposes without the written consent of OCEE.

It Just Adds Up is an award-winning series of lessons, having won several regional and national awards for content and design and are the sole property of OCEE. 

[Teacher's Guide] [Correlations to Pass Standards I] [Correlations to PASS Standards II]
 

Lesson One: Making Choices: Is it Really Free?

Choices

Opportunity Cost
This lesson will help students improve their decision-making skills and understand that even “free ” goods and services have a cost. Students will compute percentages, make a
bar graph and practice their analytical skills.

Lesson Two: Plotting Your Future: Setting Goals


Rule of 72

Saving Money
This lesson will help students realize that having goals helps them make better decisions for their future.

Lesson Three: Budgeting: Planning for the Future 

Budget

Tracking Income and Expense
This lesson will help students learn how to track their income and expenses, allowing them to reach their financial goals.

 


Lesson Four: Budgeting: Adjusting
Your Actions

 Setting Goals

 Trade-Offs
 This lesson will help students refine their
decision-making skills and prioritize their skills. Students will
develop bars and graphs to analyze information.
 

Lesson Five: Building Human Capital

 Productivity
Human Capital
This lesson will help students understand the value of education. Students will calculate the differences in lifelong income for person with different levels of education.

Lesson Six: Earning an Income

 Career Goals

Income
This lesson will help students explore potential income from career choices. Students will compute percentages, create graphs and charts, and practice their analytical skills.

Lesson Seven:  Entrepreneurship
 Entrepreneurship

This lesson will help students understand what it means to be an entrepreneur
by examining the characteristics and responsibilities of people who own and operate a business.

Lesson Eight: Money: Let's trade
Barter System

 Money
This lesson will help students understand the role of money. Students will participate in an auction and calculate mean, mode and median prices.

Lesson Nine: Banking

 Deposits
 
 Withdrawals
Debit Cards
This lesson will help students learn how to record banking transactions. Students will compute changes in a bank account balance.

Lesson Ten: Banking Services

 Bank

 Financial Services
This lesson will help students examine different bank services such as loans, checking accounts, savings options and credit cards.

LESSON ELEVEN: BORROWERS AND LENDERS

Bank

Financial Services

This lesson will help students understand the importance of character, collateral and capacity when borrowing money.


LESSON TWELVE: SAVINGS
Savings

Interest

This lesson will help students discover the difference between simple and compounded interest.  Students will use fractions to compute simple and compound interest rates.

LESSON THIRTEEN: INVESTING
Investing

Returns

This lesson will help students understand the basics of purchasing stocks. Students will use basic math skills to calculate stock purchases and price changes.

lESSON FOURTEEN: CONSUMER CREDIT
Credit

Overspending

This lesson will help students understand how interest rates and length of time to repay loans impacts the total price of goods and services. Students will compute changes in total prices of goods and services purchased on credit.

lESSON FIFTEEN: CONSUMER CREDIT - CREDIT CARDS


Credit Cards

Monthly Payments

This lesson will help students understand the cost of using credit cards. Students will compute monthly payments on credit cards.


LESSON SIXTEEN: ONLINE SHOPPING

This lesson is designed to help students understand comparison shopping and the need to research products before making a purchase. It incorporates the costs and benefits of online shopping verses purchasing items from local retailers.

 

LESSON SEVENTEEN: PROTECTING YOUR IDENTITY


Credit Cards

Monthly Payments

This lesson will help students learn about identity theft. Students will make projections to determine potential victims of identity theft.

LESSON EIGHTEEN: INSURANCE: MANAGING YOUR RISK

 Insurance

Deductible

This lesson will help students learn what affects insurance rates. Students will calculate differences in insurance premiums.

LESSON NINETEEN: INCOME TAXES  
                                                                                                      
   Progressive Tax

  Regressive Tax

This lesson will help students understand progressive tax rates for income taxes. Students will compute tax liability for different wage earners.

LESSON TWENTY: CHARITABLE CONTRIBUTIONS: GIVING TO OTHERS

 Nonprofit

Tax Deduction

This lesson will help students understand the importance of giving. Students will apply their analytical skills to develop a survey, compile results and examine their findings.

LESSON TWENTY-ONE: BUDGETING: PLANNING FOR SPECIAL PURCHASES


 Knowing Limits

 Efficiency

This lesson will help students relate spatial concepts to decision-making. Students will build a model and evaluate it.

 

LESSON TWENTY-TWO: MONEY: HOW MUCH WILL IT BUY?
Consumer Price Index

Inflation

This lesson will show students how price changes impact purchasing power. Students will compare prices, finding the percentage increase or decrease.
 LESSON TWENTY-THREE: CELLULAR PHONE SERVICE
Competition

Informed Choices

This lesson will help students learn how to compare prices for goods and services, including cellular service providers. Students will analyze differences in cell phone rates.

LESSON TWENTY-FOUR: TAXES PROVIDE PUBLIC GOODS AND SERVICES

 Public Goods and Services

Private Goods

This lesson will help students identify the differences between public and private goods and services. Students will use their spatial skills to create a community.

LESSON TWENTY-FIVE: MONEY: MORE THAN JUST DOLLARS

 Money Around the World

 Exchange Rates

This lesson will help students understand how to use exchange rates to determine how prices of products vary among different countries. Students will calculate percentages and make comparisons.

LESSON TWENTY-SIX: COLLECTABLES: A FUN BUT RISKY INVESTMENT OPTION

This lesson will help students understand what gives a product value. Students will use basic math skills to calculate possible changes in prices and use analytical skills to explain why prices change.

LESSON TWENTY-SEVEN: MAJOR PURCHASES: BUYING A CAR


 Financing

Expenses

This lesson will help students learn about auto financing. Students will use an amortization schedule and compare different interest financing methods.

Additional Support Materials

  • KID’S ECON POSTERS: ELEMENTARY LESSON PLANS
    Posters, games, and activities deal with the fundamental principles of sound money management for elementary and middle school students.
     www.kidseconposters.com/fin_literacy_posters.html

     POSTER LINKS
        Basic Principles of Economics
        The Power of Compound Interest
        Financial Planning Pyramid
        Steps to Save and Build Wealth
        Watch Out for Investment Scams
     
  • Oklahoma College Savings Plan
    Learn about the only 529 plan with an Oklahoma tax deduction. You can also access a large variety of valuable parent resources.
    http://www.ok4saving.org/
     
  • Practical Money Skills for Life
         To help today's youths and consumers of all ages become financially savvy, Visa has partnered with leading consumer advocates, educators and financial institutions to launch a national program to improve the nation's financial skills -- Practical Money Skills for Life. PracticalMoneySkills.com is a free Web site designed to help educators, parents and students practice better money management for life. Americans think that financial basics are as important as the three R's traditionally taught in school.  http://www.practicalmoneyskills.com/english/at_school/ff/ff. Be sure and check out the interactive game of "Financial Football" located on this site. http://www.practicalmoneyskills.com/english/at_school/ff/ff_game/
     
  • MONEY TALKS
         Created by the University of California, this site features interactive lessons written in both English and Spanish. A series of games provide students with information on such topics as "savy shopping," "gassing up" and "buying a car."  The site contains a "teacher's only" section that provides additional resouces for use in the classroom. http://www.moneytalks.ucr.edu/
     

  • TEACH KIDS MONEY SKILLS
         The Family Bank is a program developed by the American Bankers Association for children and their parents.  The purpose is to teach kids how to manage their own money, their allowance, and to guide parents through this process. http://www.parentware.org 

  • TEACH KIDS ABOUT MONEY
         Teach basic money skills through financial lessons, allowance tips, and kids making money ideas.  Included on the site are lesson plans, worksheets, and interactive lessons.  Lessons include personal savings, checking accounts and checkbooks, counting money, basic money skills, saving and investing money, earning and spending money. http://MoneyInstructor.com 

  • SR. FINANCE LITERACY PROGRAM FOR TEENS AND ADULTS
    The Federal Reserve Board has recognized the lack of financial literacy among U. S. teens and adults and has included in their program, financial education at the elementary school level, called Jr. Finance (ages 5-13). The Sr. Finance program (ages 14-up) includes investment groups, education services, and curriculum.     www.jrfinance.com/srfinance.htm

    OTHER WEB SITES LISTED:
        Chase – Financial Literacy -     http://www.chase.com/financial
        Hibernia -     http://www.hibernia.com
        Hands on Banking -     http://www.handsonbanking.com
        Planet Orange -     http://www.orangekids.com
     
  • YOUTH INITIATIVES
    These resources were developed for pre-K through teens by the Credit Union National Association. Preschool materials include coloring books and curricular materials for the other grades.     www.cuna.org/initiatives/youth/index.html
     
  • CHILDREN’S FINANCIAL NETWORK, INC
    This company provides a wide range of services and products focused on financial education. Their goal is to provide worldwide financial literacy through the education of young people and their parents.  They make material available to schools, after-school programs, and community based organizations.  www.childrensfinancialnetwork.com
     

  • AMERICAN CENTURY’S INVESTOR EDUCATION
         Teachers can support classroom learning by ordering education and guide pieces from American Century’s Investor Education department.   Three offerings are available in the database of KIDS and INVESTING. http://www.americancentury.com/orderbymail/order_by_mail.jsp 

  • CREDIT WHEN CREDIT IS DUE
         This curriculum is suited to the soon-to-be high school graduate.  Each of the fifteen lesson addresses a topic that is essential for young people to understand and master.  The curriculum is adapted from the national, standardized financial literacy program and a 300-page workbook is available free of charge from the American Center for Credit Education.   
     www.cwcid.com/high.htm     

  • WHAT’S THE DEAL?
         Microsoft class service learning activity for middle and high school.  Step-by-step learning activities with the theme of understanding intellectual properties.  Math and economic activities are included in the lesson plans. www.microsoft.com/education/realdeal.mspx 

  • INSTITUTE OF CONSUMER FINANCIAL EDUCATION
         Financial Literacy improves among  nation’s high school students. Results of 2004 personal financial survey of high school students. ICFE is an official partner with the Department of Defense’s Financial Readiness campaign.  Download free Power Point Show: 18 Ways to Teach Kids the Value of Money. Children and Money programs includes: What Youngsters Know About Money; For Parents and Grandparents; and for Children and Adults. www.financial-education-icfe.org 

  • PBS TEACHER SOURCE
         Lesson plans for high school, middle school, grades 3-5, and grades K.  Lessons include FlyBy Math; Funbrain Games: Numbers; GoMath.com; Interactive Math; Jump$tart Coalition Reality Check;  LearningWave Online: Interactive Mathematics.
     www.pbs.org/teachersource/math.htm 

  • MATH SITES
         Extensive resources available for elementary, middle school, and high school math teachers.   Math resources developed by the American Mathematics Society, Mathematical Association of America, and National Council of Teachers of Mathematics. http://www.cte.jhu.edu/techacademy/web/2000/heal/siteslist.htm 

  • THE MINT
         Sponsored by the National Council on Economic Education and the Northwestern Mutual, The Mint Web site provides pre-teens and teens a fun and interactive way to learn about earning, saving, spending, investing, and borrowing. And in the Web site section entitled Ideas for Young Kids you can find tips to start this important message early, even before your children start grade school. http://www.themint.org/teachers/lessonplansoverview.php

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