Learners become introduced to the concept of budget and its use in business settings. They will prepare a simple budget in excel for two business trips from Washington D.C. to both a domestic and an international destination of their choice researching various websites and they will create a short presentation on ways to save money on business travel. The lesson will provide learners with an opportunity to develop basic literacy in MS office applications, basic financial literacy and to hone their internet researching skills.
The learner plans a vacation trip to Washington DC focusing on a three of their own selections between the numerous historical sites, monuments or museums. The learner plans where they will visit over those three to four days. Using addition, subtraction and or percentage functions, the learner prepares a budget for lodging, transportation, entertainment, souvenirs and food. The student will be ask to develop a five slide PowerPoint presentation of one of their places chosen and what they plan to spend on the visit to Washington DC. Materials to include in this exercise are computer, books and calculators.
This audio excerpt captures the beginning of Bayard Rustin's 1967 "Freedom Budget" speech, describing the social and economic impact of racism over time.
- History, Law, Politics
- Social Science
- U.S. History
- Material Type:
- PBS LearningMedia
- Provider Set:
- PBS Learning Media: Multimedia Resources for the Classroom and Professional Development
- Birmingham Civil Rights Institute
- Institute of Museum and Library Services
- WGBH Educational Foundation
- Washington University in St. Louis
- Date Added:
Budgeting is the most basic and most important tool in anyone's financial toolbox. With this resource, students are given the hands-on opportunity to create budgets for fictional "Regan" during her sophomore year in nursing school, and, later, as a recent graduate with an apartment and a new car. Using either Microsoft® Excel or Google Docs, the students download our budgeting tool with space for their own budget, as well as the examples they created by establishing Regan's budget.
This lesson will focus on applying basic math skills to determine current inventory on hand at a business or in the home, and calculate the number of items needed. In addition, learners will determine the costs to replace items and apply the amount to an overall budget.
Students apply their knowledge of linear regression and design to solve a real-world challenge to create a better packing solution for shipping cell phones. They use different materials, such as cardboard, fabric, plastic, and rubber bands to create new “composite material” packaging containers. Teams each create four prototypes made of the same materials and constructed in the same way, with the only difference being their weights, so each one is fabricated with a different amount of material. They test the three heavier prototype packages by dropping them from different heights to see how well they protect a piece of glass inside (similar in size to iPhone 6). Then students use linear regression to predict from what height they can drop the fourth/final prototype of known mass without the “phone” breaking. Success is not breaking the glass but not underestimating the height by too much either, which means using math to accurately predict the optimum drop height.
Cards, Cars and Currency is a curriculum unit that challenges students to become involved in three specific areas of personal finance: credit cards, debit cards and purchasing a car.
Cards, Cars and Currency is a set of personal finance programs that encourages participants to learn about three areas of personal finance: credit cards, debit cards and purchasing a car. Cards, Cars and Currency includes five individual programs that can be used together or individually to enhance personal finance learning.
What do you need to know before buying a car? Aside from knowing what you want in a vehicle, you’ll need to know about budgeting and credit before you start shopping. Learn some car-buying basics in the February 2019 Page One Economics: Focus on Finance essay.
There are two sides to a budget—income and expenses. When asked how to best balance a budget, people often respond by saying to reduce or eliminate expenses. In this lesson, students choose a car and a housing option and, using these expenses, determine if the income they earn from the occupation they’ve chosen will be sufficient when other expenses are added. If they determine it is insufficient, they seek ways they could increase the income side of the budget by improving their human capital.
As the Rolling Stones song says, "You can't always get what you want." So we make choices. Every day, governments and individuals choose how much money to spend and what to purchase. The January 2013 issue discusses opportunity costs and scarcity and how they effect our spending decisions.
Students learn about the many types of expenses associated with building a bridge. Working like engineers, they estimate the cost for materials for a bridge member of varying sizes. After making calculations, they graph their results to compare how costs change depending on the use of different materials (steel vs. concrete). They conclude by creating a proposal for a city bridge design based on their findings.
No surprise—people with more education often earn higher incomes and are unemployed less than those with less education. Those with higher incomes also tend to accumulate more wealth. Why? Research shows that well-educated people tend to make financial decisions that help build wealth. Their strategies, though, can be used by anyone.
This document is a history of the challenges of starting an FTC Robotics Program as a class (as opposed to a club). The intended audience includes anyone who is thinking of starting an FTC Robotics program whether class or club. The reason “FTC” is specifically mentioned is that involvement with a major national program has many positive (and negative) aspects. The goal of this document is to provide the reader a compendium of all the problems (and posited solutions) we encountered.
The FYE 105: Financial Literacy Curriculum Unit was developed for use in a First-Year Experience course to provide students with an understanding of: the relationship between human capital development and potential income and the chances of staying employed; budgeting; credit cards; and credit rights and responsibilities. The curriculum was implemented in an urban community college FYE course and was successful. We provide the curriculum for others who may wish to use it in a similar course.