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ClassBank Financial Literacy Lesson Plans
ClassBank Financial Literacy Lesson Plans

Looking to get more out of your classroom economy? Check out these lesson plans!

Katie Gracey avatar
Written by Katie Gracey
Updated over a month ago

What each lesson contains:

  • Lesson plans for both a 15 minute and 45 minute lesson depending on if you're just looking to cover something quickly or dedicate a bit more time to an activity.

  • Google Slides to present to your students.

  • Jump$tart Financial Literacy Standards alignment.

  • Supplemental materials like Exit Tickets and worksheets

Want to make changes? Feel free to make a copy and make any changes you'd like!

Unit 1: Foundations of a Classroom Economy

All Unit 1 Materials: includes a Unit Vocabulary worksheet and a Pre and Post Test

Lesson

Materials

Learning Objective

Lesson 1: Money Mindsets

Get students thinking about money and establish a baseline for their financial literacy knowledge.

Lesson 2: Classroom Economy Introduction

Introduce students to a classroom economy

Lesson 3: Bonuses

Co-create bonuses and fines (if using) so students feel a sense of investment and ownership over classroom expectations

Lesson 4: Creating Jobs

Co-create jobs based on what students see as the needs of the classroom so they feel that their contributions to the classroom are valued.

Lesson 5: Applying for Jobs

Apply for jobs and plan for when they will earn their first salary.

Lesson 6: Expenses

Introduce the idea of expenses and that they will have to set aside money for monthly charges. Allow students to start to think about basic budgeting.

Lesson 7: Store

Co-create your store based on what students will be incentivized by.

Lesson 8: Class Economy Reflection & Future Planning

Reflect on the economy as a whole, discussing what is going well and what should be changed.

Pro Tip: Feel free to revisit this lesson plan to refresh your economy as needed.

Unit 2: Financial Literacy Enrichment

All Unit 2 Materials: Includes a Unit Vocabulary worksheet

Pre & Post Test: Includes financial literacy Pre and Post test by grade level

Lesson

Materials

Learning Objective

Lesson 1: Savings & Interest

Explore the concepts of saving and interest by setting up and managing checking and savings accounts

Lesson 2: Savings & Goal Setting

Explore more advanced budgeting and how students will use their savings account to reach their budgeting goals

Lesson 3: Reflecting on Transactions

Reflect on students' current spending and behavior using their transaction history and/or exportable reports

Lesson 4: Supply and Demand

Explore the idea of supply and demand and reflect on concepts like low stock and inflation

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