Spending money on a trip

Updated Aug 21, 2020

Students make choices about how they would spend money on a trip to a park.

Big idea

People make choices about how to spend money.

Essential questions

What does it mean to make a choice when spending money?
What should I think about when I spend money?

Objectives

Understand that spending is limited and often requires making choices
Reflect on personal interests when making spending choices

What students will do

Explore making choices about what to buy.
Identify things at a park that they would spend money on.

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Teacher guide

Spending money on a trip (guide)

Student materials

Spending money on a trip (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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Key information for this activity

Building block

(What are the building blocks?)

Executive function
Financial habits and norms
Financial knowledge and decision-making skills

School subject

Social studies or history

Topic

Spend (Buying things)

Audience

Grade level: Elementary school (K-1)

Age range: 5-7

Student characteristics: English language learners, Special education, Low income, Rural

Activity characteristics

Activity type: Individual

Teaching strategy: Direct instruction, Simulation

Bloom’s Taxonomy level: Analyze

Activity duration: 45-60 minutes

National standards

Council for Economic Education: Standard II. Buying goods and services

JumpStart Coalition: Spending and saving

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