Title: Becoming a Wise Consumer: Comparison Shopping
In this introductory lesson to money management for teens, students will use everyday math skills to comparison shop a variety of products. Students will learn several ways to save money, including using store discounts, coupons, and unit pricing to determine the better deal. This is Part I of a series on becoming a wise consumer.
Standard(s): [MA2015] (7) 9: Solve multistep real-life and mathematical problems posed with positive and negative rational numbers in any form (whole numbers, fractions, and decimals), using tools strategically. Apply properties of operations to calculate with numbers in any form, convert between forms as appropriate, and assess the reasonableness of answers using mental computation and estimation strategies. [7-EE3]
Title: Becoming a Wise Consumer: Creating a Budget
In this lesson, students will learn how to become a wise consumer by creating a budget based on needs and wants. Students will create a weekly budget with a variable income using the interactive app MWB: My Weekly Budget available on iTunes. Other budgeting spreadsheets will be suggested.
Standard(s): [MA2015] (7) 3: Use proportional relationships to solve multistep ratio and percent problems. [7-RP3]