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Making spending decisions


Students practice a commonly used decision-making model called PACED to help make spending decisions.

Big idea

Common decision-making models can help you make informed spending choices.

Essential questions

  • What types of choices do you make when spending money?
  • How can you make thoughtful spending decisions?


  • Understand the PACED decision-making model
  • Apply the PACED model to making spending decisions

What students will do

  • Complete one teacher-directed scenario using the PACED decision-making model. 
  • Use the “Making spending decisions” worksheet to complete additional scenarios.
  • Reflect and share thoughts about spending decisions made with the PACED model.

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Teacher guide


Student materials


Note: Please remember to consider your students’ accommodations and special needs to ensure that all students are able to participate in a meaningful way.

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