Buying Goods and Services Standards and Resources
To buy or not to buy, that is the question. According to the Council for Economic Education, High School students should attend to making spending decisions. Because goods and services are scarce, people cannot buy all of the goods and services they want, they must make choices. Student should understand different payment methods, charitable donations, and the role of government and other institutions to provide consumer information. Check out the Standards for Buying and Resources for Buying for more websites and ideas.
Use the News to teach about buying decisions
Check out the standards-alignments for our Use the News activities for Buying. Some of our latest lessons include student guides!
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How does this news influence your buying decisions?
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What do dog weddings have to do with donating to charity?
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How do gas prices impact decisions?
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What does the Grim Reaper have to do with buying bacon?
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Why should you conduct research before you buy goods?
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Should you rent or should you buy?
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How do environmental concerns influence your buying?
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Who protects us from polluters?
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Do you have wallet wisdom?
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What can drive your buying costs up?
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Would you buy a self-driving car?
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Five things not to say when buying a car . . .
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lessons and resources
The Federal Reserve has some excellent lessons and resources
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Financial Freedom
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Florida teachers, order free copies of Financial Freedom for your students. We have included a Buying standards alignment for Chapter 1, 5, and 8.
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Download the ch1-managing-money-lesson instructional guide for the chapter, which include teacher instructions and standards alignment for Financial Literacy and ELA.
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PRACTICAL MONEY SKILLS Resources and calculators:
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Check out the smart shopping texts and the financial calculators below!
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In addition, check out the texts on smart shopping.
How to spend your money wisely texts
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Better Money Habits
Better Money Habits has some excellent resources to engage students in inquiry-based learning about Buying: Check out these Khan Academy Career Stories to engage your students in inquiry-based learning about different careers and life decisions. In particular, the salon owner and firefighter include excellent links to buying and making budgets, as listed below.
Next Generation personal Finance (NGPF)
NGPF has some lessons under their Financial Pitfalls unit. For standards alignments, check out our matrix for Florida Standards below.
Econedlink has some lesson plans
Can you make a budget?
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How can deceptive advertising influence you?
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What do you know about loans?
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How do I make a consumer complaint?
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What organizations help consumers?
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How does the government help consumers?
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Will you pay by cash, check, debit, or credit?
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Do you want to buy a car?
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What are the costs of owning a car?
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Should you rent or buy a home?
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What are the costs of renting a place to live?
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What are the costs of renting vs buying?
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