Related Online Lessons

Big Banks, Piggy Banks When choosing a place to put their money, people consider how safe there money will be, how easy it is to access, and whether it will earn more mon... Grade: K-2 3-5    Published: 11/04/2003

Toys for Me: A Lesson on Choice Students encounter the concept of scarcity in their daily tasks but have little comprehension as to its meaning or how to deal with the concept of ... Grade: K-2 3-5    Published: 04/21/2004

Clickety Clack, Let's Keep Track! This lesson will show students the importance of keeping track of their savings. Grade: 3-5    Published: 11/15/2002

A Perfect Pet The introduction to this lesson is a brief online story about a little girl’s visit to a pet store with her father. She considers several pets b... Grade: K-2 3-5    Published: 10/14/2004

Mystery Workers In this lesson students review the concepts of goods, services, and producers using the Internet to locate examples of each in a teacher's classroo... Grade: K-2 3-5    Published: 02/18/2004

Related Print Lessons

Choices & Changes: In Life, School, & Work - Grades 2-4 - Teacher's Resource Manual Grade: 2-4   Published: 2001 1 of the 18 lessons are related to this lesson. It is listed below. Unit 1: Lesson 5 - Opportunity Cost In this lesson students will: Recognize the importance of identifying the opportunity cost of a potential choice; Use the concept of opportunity cost before making decisions; Avoid using the word "fre... Unit 3: Lesson 15 - Teaching Others Builds Human Capital Students will see the power that a teacher has to help others and connect teaching and learning. Unit 3: Lesson 14 - Practice Students will become accustomed to practice as part of the learning process. Unit 3: Lesson 13 - Learning to Produce Students will increase their self-confidence by discovering their ability to learn skills. Unit 1: Lesson 1 - Scarcity It is a paradox that people who learn to accept and deal with scarcity often achieve much more than those who don't accept it. The inability to deal with scarcity leads to problems with money, educat...

Financial Fitness for Life: Pocket Power - Grades K-2 - Teacher Guide Grade: K-2   Published: 2001 4 of the 16 lessons are related to this lesson. They are listed below. Theme 2: Lesson 7 - Saving Makes Us Wait Students experience setting a goal and saving to achieve that goal. The class discusses the costs and benefits of saving by completing a decision grid. Using a magic mirror they gaze into the future... Theme 2: Lesson 6 - How We Save The class hears a story about Nicholas's family during a time of unexpected financial emergency. Students experience scarcity as they try to fit everything they want into a pocket. They learn about ... Theme 2: Lesson 5 - Why We Save Students create a banner depicting their own choices when a decision is made and an opportunity cost is incurred. Then the class learns about saving to satisfy a want. Finally students make and deco... Theme 5: Lesson 16 - We Manage Our Money Students participating in a game demonstrate their knowledge of income, spending, saving, and credit decisions. They make individual books about money management and review previously taught concepts...