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Full Lesson Plan and Materials (PDF)
Interactive Internet Game Activity
Jesse is feeling quite successful with his new ice cream stand
business, but he is ready for new challenges. Toki explains
to Jesse how he can make a big change that will move him from
the Rat Race to the Fast Track. Students will complete activities
that will help them understand how to make their hard earned
money work for them instead of them working harder to earn their
money.
Learning Objectives
· Practice basic counting skills
· Understand the concept of making your money work for
you.
· Demonstrate the difference between assets and expenses
Assessments
Students will: (1) count the number of coin tosses representing
assets and expenses, (2) use a probability exercise to count
assets and expenses, (3) discuss what an expense is and what
an asset is.
Classroom Activities
Jesse's Big Change - Read to the class the script between Jesse
and Toki. This script will introduce the idea of assets and
expenses, as well as the idea of making your money work for
you.
Fast Track Challenge - Students will experience counting and
probability. The happy and sad faces will reinforce the goal
of achieving assets as being the desired goal. As students toss
the coin and record their results with the game pieces, the
teacher can help students understand the concept of probability.
Upon the conclusion of this activity, the teacher should discuss
that income from assets becoming greater than expenses is a
worthwhile goal to achieve. This should lead into a discussion
of how money can work for people when it is invested. The use
of fine motor skills as students cut and manipulate the pieces
is an added bonus.
Class Discussion Questions
What is an asset?
What is an expense?
Have you ever earned money?
Did you work for the money?
What work did you do to earn the money?
Can you think of any ways to have your money work for you?
(Charts and activity sheets continue in the downloadable PDF
file above.)