Teachers often hear the question, “When am I ever going to use this?” when teaching things like fractions, chemistry or other subjects. Learning about economics and money management, however, is obviously important for the world outside school. These online guides will help educators to develop lesson plans that will keep students interested in business, taxes, and economics:
Understanding Taxes for Teachers
Teaching students about taxes may seem intimidating to anyone who isn’t an accountant, but this helpful guide from the IRS presents it in an easily intelligible form. Here you’ll find a custom resource list, lesson plans, educational standards and even downloads and PowerPoint presentations describing the basic components of filing taxes.
Federal Reserve Education
The educational division of the Federal Reserve’s website offers classroom resources for students ranging from kindergarten to 12th grade. You can browse the website by lesson plans, activities or publications, and even search by topics on everything from financial fundamentals to monetary policy.
Investor.gov’s Classroom Resources
Investor.gov states that the best time for kids to learn about money is when they’re young, and that teaching children about managing their finances can help them be wise with money in the future. This website provides key topics and suggested activities for teaching kids about credit, savings and investments to help them make smart money decisions as adults.
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