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!
lessons and resources
The Federal Reserve has some excellent lessons and resources
Download the ch1-managing-money-lesson instructional guide for the chapter, which include teacher instructions and standards alignment for Financial Literacy and ELA.
PRACTICAL MONEY SKILLS Resources and calculators:
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.