This unit is intended to help students gain the financial literacy skills they’ll need to manage their financial resources throughout their lives.
See the following links with instructional materials, examples, and practice questions.:
Also, you can practice with real STAAR tests:
6th Grade Released STAAR Test and Answers: Math
7th Grade Released STAAR Test and Answers: Math
8th Grade Released STAAR Test and Answers: Math
|Account||Arrangement with a bank letting you deposit and withdraw money.|
|Annual Salary||The amount of income earned in one fiscal year|
|Balance||The difference between credits and debits in an account|
|Borrow||Obtain money which must be returned, usually with interest|
|Checking account||Monthly check balance showing day-to-day cash deposits and withdrawals|
|Credit Card||It allows you to make purchases and pay for them at a later date.|
|Credit History||Is a record of a consumer’s ability and responsibility to repay debts|
|Credit Report||Is a detailed breakdown of an individual’s credit history|
|Debit Card||Used to make purchases with funds directly from a checking account.|
|Deposit||Money placed into an account.|
|Grant||A sum of money given by a government or other organization for a particular purpose.|
|Minimum Wage||Is the lowest remuneration that employers can legally pay their workers|
|Lend||Give or allow the use of money, which must be returned, usually with interest.|
|Lifetime Income||Is the money that an individual receives, in their lifetime.|
|Loan||Money lent to someone else in exchange for future payment.|
|Savings Account||Account for storing or saving money with limited withdrawals.|
|Scholarships||Is a grant-in-aid to a student|
|Withdrawal||Money subtracted from an account|
Education and Income Vocabulary
Percent and Tax Vocabulary
CM09 Money_Word Problems
CM03 Best Deal
CM03 Best Deal
What are you going to do when you grow up?
What do you see yourself doing 10 years from now?
- What Do You Like To Do?
- What Are You Good At?
- Does this career let me follow my passion?
- Can I be successful in this career?
- Am I more introverted or extroverted?
- Am I ready to fight for it?
- How Much Money Do You Want To Make?
- Am I choosing this career to please somebody else?
Your future starts now
You’re in middle school now. What you do over the next few years will have an impact on the rest of your life. Now is the time to start thinking about life beyond middle school.
Let´s do Math: What would you be willing to do for a million dollars?
How much money will you earn in your lifetime?
1 day = 8 working hours
1 week = 5 days
1 year = 52 weeks
1 lifetime = 35 years (the average number of years a person “works” in a lifetime)
|no High School Diploma||$7.25|
*(minimum wage in Texas )
7.25 x 8 x 5 x 52 x 35 = ?
30 x 8 x 5 x 52 x 35 = ?
60 x 8 x 5 x 52 x 35 = ?
100 x 8 x 5 x 52 x 35 = ?
The Secret to Becoming a Millionaire: Money Math Lessons for Life
Latino boys who drop out of school often wind up in the criminal justice system.
Young Hispanic men are more likely to end up in prison than at a top university.
Latinos make up one-third of the population of federal prisons and are the fastest growing ethnic group in all U.S. prisons.
Know about Careers?
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