Money Smart for Young People

Vea esta página en español

�౦��Ϸ�� Money Smart for Young People features four free age-appropriate curricula that promote financial understanding and are specifically designed for pre-kindergarten through 12th grade educators. Each curriculum includes:

An educator guide, student handouts, and powerpoint slides
Multiple lessons that can be taught alone or in combination
Standards alignment charts
Ideas for grade-level modification

Real-life exercises and examples
Suggestions for optional books or online games/tools that can reinforce student understanding
Ideas to integrate into existing academic subjects such as English, Mathematics, and Social Studies

�౦��Ϸ�� Money Smart News for Kids was based on the Money Smart for Young People, grades 3-5 curriculum. It includes nine chapters, which introduce basic banking terms to young people, who are perhaps just beginning to learn about finances. Each issue builds upon the next and introduces two characters, Isabella and Noah, who try out different financial concepts along the way. Available at no-cost in English and Spanish language.

Other Youth Resources

PreK-2

Grades PreK-2 contains six lessons with hands-on, cross-curricular activities that engage preschool through second grade students. It explains financial concepts with age appropriate activities such as counting coins and defining needs and wants.

Lesson Number	Lesson Title	Themes	Learning Objectives
1	Counting Coins	Understanding Currency	Describe the purpose of money Examine and discuss the history of money Explain ways money can be used Identify, sort, and count coins and bills
2	Learn to Earn	Earning Money	Identify and explore different jobs Examine sources of income (such as selling lemonade or receiving birthday money) Discover and explain that money is made (earned) by working
3	Weighing Needs and Wants	Needs and Wants	Define needs and wants Differentiate between needs and wants Compare and prioritize needs and wants
4	Ready. Set. Goal.	Setting Goals	Describe goal setting and how it relates to financial decisions Name personal goals with support
5	Super Savers	Saving and Spending	Identify and evaluate saving and spending Recognize a bank as a safe place to save Create a savings jar or piggy bank
6	Borrowing Bills	Borrowing and Lending	Describe borrowing and lending with real-life examples Discuss and illustrate ways to borrow responsibly

3-5

Grades 3-5 contains eight lessons that expand on the lessons introduced in the PreK-2 curriculum. There are also newer topics such as how to create a budget and identifying ways to set goals for saving money.

Lesson Number	Lesson Title	Themes	Learning Objectives
1	Money Matters	Buying Decisions	Explain the difference between needs and wants, and identify examples of each Compare and prioritize needs and wants Evaluate different choices when making a purchase Discuss impulse buying Discuss and explain opportunity cost
2	Get Set for Goals	Setting Goals	Identify and develop ways to set short-term and long-term goals for saving Explain the importance of setting goals for saving Identify things that might affect decisions to spend or save money
3	Make a Plan	Budgeting	Explain the term “budget” Identify categories of a budget (income, expenses, savings) Create a budget Apply budgeting skills to real-world scenarios Understand the concept of “pay yourself first”
4	Save Your Money	Saving	Explain what banks do and what interest is Name benefits of saving money in a bank versus at home Understand risks and why it’s important to save for emergencies Evaluate real-world scenarios that focus on saving for emergencies, unexpected events, or purchases Create an infographic to show possible risks for a real-world scenario
5	Which Way to Pay?	Payment Options	Explain the concept of credit and debit (including checks and money orders) Compare and contrast various payment methods (cash, credit, and debit) Apply knowledge of payment options to real-world scenarios Discuss the consequences of paying back credit past the due date Discuss identity theft and types of personal information that should not be shared
6	Get Invested	Introduction to Investing	Explore the basic concepts of investing, including risk and return Compare and contrast several kinds of investments Analyze the savings outcome of several investment options Explain the value of long-term financial planning
7	It's Great to Donate!	Charitable Giving	Explain the meaning of charitable giving, and its rewards Create a plan to raise money for a charitable cause Research various charitable causes Organize a charity drive
8	Career Choices	Exploring Careers and Income	Identify and explore different types of jobs Evaluate personal interests related to careers Explain how money is earned and why it is taxed Explain what an entrepreneur is

6-8

Grades 6-8 contains 12 lessons and is most appropriate for children ages 11 – 13. This curriculum contains important topics such as how to choose a successful career, and an introduction to understanding credit and debt.

Lesson Number	Lesson Title	Themes	Learning Objectives
1	The Path to Success	Career and Job Opportunities	Identify and assess the skills and experience needed for a variety of careers Examine the impact of education and other opportunities like internships on career trajectory Create a path for advancing in a career field
2	Bread and Butter	Introduction to Taxes	Understand and explain the purpose of federal income and state tax and how it affects personal income. Apply mathematical skills and concepts to tax brackets and personal income Describe and evaluate the importance of the current federal income tax system
3	Designing Dreams	Financial Goals	Identify and explain needs and wants Identify their own financial values and apply those values to their financial goals Create a financial goal and develop the process to achieve it, factoring in possible barriers to that goal Understand an explain the importance of creating financial goals
4	Being a Savvy Shopper	Smart Shopping	Consider the role of needs and wants in decision making Evaluate the credibility and motivation of marketing and advertising Distinguish the best value of goods and services Define and apply opportunity cost to purchases
5	Go with the Flow	Cash Flow and Budgeting	Explain the purpose and value of budgeting Explain the budget categories: fixed expenses, variable expenses, and discretionary expenses Create a budget accouting for income, expenses, and unexpected scenarios
6	Super Savers	The Importance of Saving	Understand and explain the importance of saving money Evaluate methods for saving money, both for a scenario and in their own lives
7	How to Stash Your Cash	Savings Options	Evaluate and differentiate a variety of banking and savings options Identify the benefits of creating a savings account Understand compound interest and how it can increase savings
8	Money Doesn’t Grow on Trees	Investing Options	Understand investment growth, losses, reward, and risk by developing and tracking a stock portfolio Demonstrate a general understanding of investment vehicles, like bonds, stocks, and mutual funds Create investment tips for an adult audience
9	Give Credit Where Credit Is Due	Credit and Debt	Understand how to build credit and practices that may hurt credit Identify the economic benefits of good credit Discuss the consequences of debt
10	Protecting Yourself	Protecting Your Identity	Create a trifold informative brochure on identity theft and prevention methods Apply information about identity theft and prevention in realistic role-plays
11	Risky Business	Financial Risk	Identify methods to protect oneself from unwanted financial risk Create a risk management plan for a purchase
12	Spend, Save, or Give?	Personal Financial Choices	Create a balanced budget that takes into consideration spending, saving, and giving Analyze personal decision making when crafting a budget

9-12

Grades 9-12 is our most expansive Money Smart for Young People curriculum. It contains 22 lessons that help prepare students for the real world by discussing topics such as car purchases, financing college and home ownership.

Lesson Number	Lesson Title	Themes	Learning Objectives
1	Working Hard for the Money	Career Options	Identify career options and education or training required for different careers Name sources of income Explain the relationship between income and taxes Demonstrate how to research and analyze different careers
2	Designing Dreams	Financial Planning	Determine personal values and financial goals Determine personal financial decisions Create a financial plan Summarize the purpose of financial planning
3	Can You Pay Your Bills?	Spending and Budgeting	Develop a plan for spending and saving Create a system for keeping financial records Identify personal income and expenses or system for cash flow management
4	Boost Your Savings	The Importance of Saving	Describe how savings affects financial well-being Explain compound interest Identify and research savings products Explain how interest is computed on savings
5	Bank Your Bucks	Choosing a Banking Partner	Analyze different financial institutions and conduct a comparative analysis of each institution Explain the key differences between checking and savings accounts Demonstrate how to control personal information Understand the benefits of using federally insured financial institutions
6	Bread and Butter	Managing Your Paycheck	Decode and identify elements of a paycheck Discuss how taxes, personal exemptions, and deductions impact net pay Explain how to calculate gross and net income Discuss the IRS Form W-4
7	Capacity, Character, Collateral, Capital	Credit	Define creditworthiness Evaluate positive and negative types of credit Explain credit factors and risks and how credit scores work Discuss how to maintain or increase credit score Explain how credit is damaged
8	The Almighty Dollar?	Credit Cards	Identify how credit cards differ from debit cards Discuss different types of credit cards Summarize credit card key terms and conditions and consumer protection laws Evaluate credit card offers and explain how to manage a credit card Demonstrate how to compute the debt-to-limit ratio
9	As Easy as Pi	Financial Ratios	Identify common financial ratios Demonstrate and explain how to calculate financial ratios Discuss how financial ratios impact financial decision making and creditworthiness
10	Convertible or Clunker?	Automobile Purchase	Research and investigate secured and unsecured installment loans Calculate how much car to afford Evaluate long-term costs associated with buying a car, including insurance and maintenance Explain the difference between leasing and purchasing
11	Risky Business	Risk Management and Insurance	Identify common risks and strategies to reduce risk Explain the purpose and importance of various insurance types Recognize when insurance is needed and how to get it
12	Halls of Knowledge	Financing College	Identify the costs of college Discuss student loan management Research and compare different college financial aid choices Discuss the earning potential of a degree in relationship to its cost
13	The Policy of Personal Choice	Understanding the Economy	Understand how the economy impacts personal financial choices Summarize monetary and fiscal policy Understand inflation Understand economic cycles
14	Increasing the Value of Your Money	Financial Markets and Investing	Understand how investing helps meet financial goals and build wealth over time Research and evaluate investment vehicles and resources Explain how investments are regulated Explain how investments can be impacted by economic and business cycles
15	Road to Retirement	Retirement Planning	Explain how long-term retirement savings through investing builds wealth Identify differences in retirement planning strategies Create a retirement plan Understand Social Security benefits
16	Crash Pad	Homeownership and Renting	Explain the responsibilities and expenses of renting versus owning Analyze renting versus homeownership Evaluate sound financial decision making for renting and owning property Discuss costs related to homeownership Discuss how homeownership can create wealth Understand the mortgage approval process
17	Pocket Giving	Charitable Giving	Evaluate charitable giving Analyze monetary and nonmonetary forms of giving Create a spending plan to include giving Discuss tax deductions for giving
18	Paving the Future	Estate Planning	Identify elements of an estate plan Evaluate how to title property Explain the importance of a will Understand the consequences of not having an estate plan
19	Financial Sleuth	Financial Resources	Demonstrate how to find and use financial resources Differentiate between credible and dishonest financial resources Define and explain the role of a financial planner Understand federal and state consumer protection laws and self-regulatory organizations
20	Protect Yourself	Consumer Protection	Explain identity theft Evaluate consumer rights and protection laws Demonstrate how to protect personal information
21	Launching Your Dream	Entrepreneurship 1: Starting a Business	Identify and consider risks and rewards of entrepreneurship Evaluate business start-up practices Explain how entrepreneurship and innovation are a source of economic growth Identify the types of business organizations (sole proprietorship, corporations, LLC, and so on)
22	Maintenance Mode	Entrepreneurship 2: Maintaining a Business	Understand and describe tax planning and reports Debate business management strategies Explain insurance choices for businesses

Parent/ Caregiver Guides

The Money Smart Parent/ Caregiver Guides summarize key lesson concepts and exists as standalone resources. These guides also offer practical activities and conversation-starters on financial topics such as saving, setting financial goals, prioritizing spending decisions, and staying safe online.

Grades PreK -2

What is Money Smart?

Topic

Understanding Currency

Borrowing and Lending

Grades 3-5

Topic

Introduction to Investing

Charitable Giving

Exploring Careers and Income

Grades 6-8

Topic

Grades 9-12

Topic

Digital Toolkit

The Digital toolkit consists of a few special activities from the MSYP Lesson plans that have been formatted for use on a computer or smart phone.

The Digital toolkit is available for immediate download (catalog.fdic.gov).

Coloring/ Activity Book

Money Smart for Elementary School Students introduces key personal finance concepts to children ages 5-8. This resource features a coloring/activity book for the students accompanied by a companion manual for use by anyone leading a discussion with a group of youngsters.

The Student Activity Book and Instructor Guide are available for immediate (catalog.fdic.gov).

�౦��Ϸ�� is prohibited from endorsing any specific organizations. Money Smart users must ensure that their publicity, advertisements, and public statements do not use the �౦��Ϸ�� name or logo to imply that �౦��Ϸ�� endorses their organization or its products or services.

About

Resources

Analysis

News

PreK-2

3-5

6-8

9-12

Parent/ Caregiver Guides

Grades PreK -2

Grades 3-5

Grades 6-8

Grades 9-12

Digital Toolkit

Coloring/ Activity Book

�౦��Ϸ����

About

Resources

Analysis

News

PreK-2

3-5

6-8

9-12

Parent/ Caregiver Guides

Grades PreK -2

Grades 3-5

Grades 6-8

Grades 9-12

Digital Toolkit

Coloring/ Activity Book

�౦��Ϸ��