Art Work for 1st Grade Income Spending and Savings Unit
First Grade - Social Studies
Activities
Something Good
Fiscal and Economical Concepts: Opportunity Costs
First Grade – Social Studies
Standard iv (Financial Literacy): Students volition depict the economical choices people make to meet their bones economic needs.
Objective 1: Explain how goods and services meet people's needs.
- Explicate the concept of exchanging money to purchase appurtenances and services
Objective two: Recognize that people need to make choices to meet their needs.
- Describe the economic choices that people make regarding goods and services.
- Draw why wanting more than a person tin can have requires a person to make choices.
- Identify choices families make when buying appurtenances and services.
Something Skilful
Past Robert Munsch
ISBN: 1550371002
Time: l mins
Materials: Book-Something Good, past Robert Munsch, chalkboard, play money, handouts (in lessonplan)
Tyya's dad won't purchase anything good at the store - no ice cream, no processed, no cookies. But when the saleslady puts a cost sticker on Tyya'due south nose, Daddy is finally forced to buy something adept.
Read the story, Something Good. Hash out, every bit a whole group, needs, wants, and choices. Consummate a flashcard action helping students to label wants and needs. In a minor grouping practice counting money and discuss price. Students independently complete "The cost is Incorrect" worksheet demonstrating an understanding for making choices and counting money.
Complete Lesson Plan (pdf)
Activity (pdf): Talk over the difference between Wants and Needs then take students color pages and circle Want or Need for each detail.
Music Connexion
Making Choices
Financial and Economic Concepts: Wants and Needs
First Grade – Social Studies
Standard 4 (Financial Literacy): Students will describe the economical choices people brand to see their basic economic needs.
Objective 1: Explain how appurtenances and services run across people'southward needs.
- Identify examples of goods and services in the home and in the school.
- Explain ways that people exchange goods and services.
- Explicate how people earn coin by working at a job.
- Explain the concept of exchanging money to purchase goods and services.
Objective 2: Recognize that people need to make choices to meet their needs.
- Describe the economical choices that people make regarding goods and services.
- Depict why wanting more than than a person can have requires a person to make choices.
- Identify choices families brand when buying goods and services.
- Explain why people save coin to purchase appurtenances and services in the time to come.
Alexander, Who Used to Be Rich Last Sunday
Past Judith Viorst
ISBN: 0689711999
Time: 50 minutes
Materials: Volume- Alexander, Who Used to exist Rich Concluding Sunday past Judith Viorst, toy catalogs, drawing paper, glue/tape, crayons, play money and the handouts from the lesson.
Although Alexander and his coin are quickly parted, he comes to realize all the things that can be done with a dollar.
As a large group, read aloud Alexander, Who Used to exist Rich Last Sunday. Discuss his spending decisions, learning nigh opportunity cost, goods and services, incentives, and savings as yous go. Students will independently complete a Making Choices worksheet. Then participate in 2 small-scale group activities to reinforce the concepts of appurtenances and services and saving and incentives.
Complete Lesson Programme (pdf)
Comprehension Questions (pdf)
Music Connectedness
Jobs
Financial and Economic Concepts: Career Management/Earning an Income
Get-go Form – Social Studies
Standard 4 (Financial Literacy): Students will describe the economic choices people make to meet their basic economic needs.
Objective 1: Explicate how goods and services meet people'south needs.
- Explicate how people earn money by working at a chore.
- Explain the concept of exchanging money to purchase appurtenances and services.
Objective 2: Recognize that people need to make choices to encounter their needs.
- Describe the economical choices that people make regarding goods and services.
- Explain why people salve money to purchase goods and services in the future.
Deport About Town
By Stella Blackstone
ISBN: 978-1841483733
Time: 45 minutes
Materials: Acquit Virtually Boondocks, by Stella Blackstone, drawing paper, crayons, handout (found in lesson programme)
Read aloud Conduct About Town. Discuss the jobs, businesses, tools and uniforms from the story. Students volition depict a picture of themselves doing a job, including tools compatible, etc. In a small group, students will learn most earnings, paychecks and spending choices, and consummate the Paycheck Spending worksheet.
Complete Lesson Plan (pdf)
Goods and Services
Financial and Economic Concepts: Goods and Services
First Grade – Social Studies
Standard 1 (Culture): Students will recognize and depict how schools and neighborhoods are both similar and unlike.
Objective two: Recognize and identify the people and their roles in the school and neighborhood. Explicate how these roles change over time
- Explicate the roles of the people in the neighborhood (e.g., police officer, firefighter, post carrier, grocer, mechanic, plumber, miner, farmer, medico, and tribal leader).
Standard 4 (Financial Literacy): Students will depict the economic choices people make to come across their basic economical needs.
Objective 1: Explicate how goods and services encounter people'due south needs.
- Place examples of goods and services in the home and in the school.
- Explicate ways that people exchange goods and services
Fourth dimension: 45 minutes
Materials: Pocket-sized index cards, drawing paper and crayons
Using a number of online interactive activities, pocket-size and large group discussions and games, students will be able to place the differences betwixt people who provide appurtenances or services. They will also identify jobs that people do in their community.
Online Interactive Activities
Savings Accounts and Interest
Fiscal and Economic Concepts: Savings
First Grade – Social Studies
Standard 4 (Fiscal Literacy): Students will draw the economic choices people brand to meet their bones economic needs.
Objective 2: Recognize that people demand to make choices to come across their needs.
- Explain why people save money to buy appurtenances and services in the future.
The Berenstain Bears' Trouble with Money
By Stan & January Berenstain
ISBN: 978-0394859170
Time: 45 minutes
Materials: Book- The Berenstain Bears' Trouble with Money past Stan and Jan Berenstain, chalkboard, play money, drawing paper, crayons, handout (included in the lesson)
Students learn near saving money, banks and interest through the Berenstain Bears' story, give-and-take, drawing pictures and the NestEggs and tables worksheet.
Complete Lesson Plan
The Ant and the Grasshopper
Financial and Economic Concepts: Scarcity and Choices
First Grade – Social Studies
Standard 4 (Financial Literacy): Students will draw the economical choices people make to meet their basic economic needs.
Objective 1: Explicate how goods and services meet people'south needs.
Objective two: Recognize that people need to make choices to meet their needs.
The Ant and the Grasshopper One summer's 24-hour interval, in a field nearby, a Grasshopper was hopping well-nigh, chirping and singing to its center'southward content. An Pismire passed past, struggling to carry an ear of corn he was taking to his nest.
"Why not come up and chat with me," said the Grasshopper, "instead of working then difficult?"
"I am helping to store upwardly food for the winter," said the Ant, "and I recommend that yous do the same."
"Why carp about wintertime?" asked the Grasshopper; "we have plenty of nutrient right now."
But the Pismire went on its way and continued its work.
When winter came the Grasshopper had no food and constitute itself hungry and weak, while it saw the Ants eating corn and grain every twenty-four hours from what they had collected all summer.
And so the Grasshopper knew: It is best to work and save things we will need later on.
Hash out the following questions about "The Ant and the Grasshopper" with students.
- What were the ants saving for? [Food for the winter]
- What did the ants give up? [Time playing or relaxing]
- What was the grasshopper's opportunity toll? [Nutrient for winter]
- What accept you had to give upward to become something else? [answers will vary]
Opportunity cost: The second-all-time culling (or the value of that alternative) that must be given upwards when scarce resources are used for one purpose instead of some other.
Optional Color Page (pdf)
The Emmet and the Grasshopper (ppt)
Ant and the Grasshopper Audio
Music Connectedness
A Gift for Mama
Financial and Economic Concepts: Savings and Financial Investments
Kickoff Grade – Social Studies
Standard 4 (Financial Literacy): Students volition depict the economic choices people make to meet their bones economic needs.
Objective 1: Explicate how goods and services meet people's needs.
Objective 2: Recognize that people demand to make choices to meet their needs.
A Gift for Mama
by Esther Hautzig
ISBN: 0-1403-8551-7
In this lesson, students read a story virtually a young girl named Sara. Sara has always made gifts for her family unit for special occasions. For Mother's 24-hour interval, Sara decides she wants to buy a gift for her mother. After reading and discussing the story, students will create a booklet in which they've illustrated Sara'southward short-term savings goal and their own short-term savings goal.
Materials:
A Souvenir for Mama, past Esther Hautzig, a copy of Activeness ane (pdf), for each student, scissors and five pieces of tag board for each student, record and art supplies
Complete Lesson Programme
Action i (pdf)
Optional Lesson Programme and Activity
Source: https://financeintheclassroom.org/passport/first/social_studies.shtml
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