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Making spending decisions

Updated

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?

Objectives

  • 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

Making spending decisions (guide)

Student materials

Making spending decisions (worksheet)

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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