My Money
Teacher’s Guide
Introduction to the Unit ...................................................................................................................................
What are the activities?
What is the assessment?
What are the activity descriptions?
How does this unit align with the Common Core State Standards?
2
Alignment with the Common Core State Standards for Reading ...............................................................
3
Alignment with the Common Core State Standards for Writing ...............................................................
4
Alignment with the Common Core State Standards for Mathematics .......................................................
5
Activity Descriptions .......................................................................................................................................
Category 1—Checking Accounts ...............................................................................................................
Category 2—Saving ...................................................................................................................................
Category 3—Investing ...............................................................................................................................
Category 4—Money Matters ......................................................................................................................
Category 5—Be Creative ...........................................................................................................................
6-9
6
7
8
8
9
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Introduction To the Unit
2
What are the activities?
My Money contains 17 current activities that let your students do so much more than just read and answer questions.
They will use their reading skills, writing skills, math skills and creative skills while they learn how to manage their money
successfully.
The activities are divided into the following five categories:
• Checking Accounts
• Saving
• Investing
• Money Matters
• Be Creative
Each activity includes:
• One or more reproducible student pages
• A teacher’s key with answers
• Step-by-step math solutions where appropriate
What is the assessment?
An Assessment is included that can be used as a pre-test as well as a post-test to evaluate what your students have
learned and to identify those areas that might require additional instruction.
The assessment includes:
• 20 True or False questions
• 4 multi-step math problems dealing with checking accounts, savings accounts and investing.
What are the activity descriptions?
This guide includes a detailed description of each activity in the unit to help you choose the activities that best meet
your needs.
How does this unit align with the Common Core State Standards?
The anchor standards for Reading, Writing and Mathematics are listed on pages 3-5 and each anchor standard that
aligns with the activities in My Money is indicated with a red arrow.
Each activity description on pages 6-9 also includes one or more of the following statements indicating if the activity
aligns with the Common Core State Standards for Reading, Writing and/or Mathematics.
• Alignment with CCSS for Reading as noted on page 3.
• Alignment with CCSS for Writing as noted on page 4.
• Alignment with CCSS for Mathematics as noted on page 5.
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Teacher’s Guide
CCSS Reading Alignment
3
Common Core State Standards
for
Literacy in History/Social Studies, Science and Technical Subjects
Each of the following anchor standards for reading which is aligned with activities in My Money has been marked with a
red arrow. Where a specific term or statement is particularly applicable it has been highlighted.
College and Career Readiness Anchor Standards for Reading
Key Ideas and Details
1. Read closely to determine what the text says explicitly and to make logical inferences from it; cite specific textual evidence when
writing or speaking to support conclusions drawn from the text.
2. Determine central ideas or themes of a text and analyze their development; summarize the key supporting details and ideas.
3. Analyze how and why individuals, events, or ideas develop and interact over the course of a text.
Craft and Structure
4. Interpret words and phrases as they are used in a text, including determining technical, connotative, and figurative meanings,
and analyze how specific word choices shape meaning or tone.
5. Analyze the structure of texts, including how specific sentences, paragraphs, and larger portions of the text (e.g., a section,
chapter, scene, or stanza) relate to each other and the whole.
6. Assess how point of view or purpose shapes the content and style of a text.
Integration of Knowledge and Ideas
7. Integrate and evaluate content presented in diverse formats and media, including visually and quantitatively, as well as in words.
8. Delineate and evaluate the argument and specific claims in a text, including the validity of the reasoning as well as the relevance
and sufficiency of the evidence.
9. Analyze how two or more texts address similar themes or topics in order to build knowledge or to compare the approaches the
authors take.
Range of Reading and Level of Text Complexity
10. Read and comprehend complex literary and informational texts independently and proficiently.
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CCSS Writing Alignment
4
Common Core State Standards
for
Literacy in History/Social Studies, Science and Technical Subjects
Each of the following anchor standards for writing which is aligned with activities in My Money has been marked with a
red arrow. Where a specific term or statement is particularly applicable it has been highlighted.
College and Career Readiness Anchor Standards for Writing
Text Types and Purposes
1. Write arguments to support claims in an analysis of substantive topics or texts using valid reasoning and relevant and sufficient
evidence.
2. Write informative/explanatory texts to examine and convey complex ideas and information clearly and accurately through the
effective selection, organization, and analysis of content.
3. Write narratives to develop real or imagined experiences or events using effective technique, well-chosen details and wellstructured event sequences.
Production and Distribution of Writing
4. Produce clear and coherent writing in which the development, organization, and style are appropriate to task, purpose, and
audience.
5. Develop and strengthen writing as needed by planning, revising, editing, rewriting, or trying a new approach.
6. Use technology, including the Internet, to produce and publish writing and to interact and collaborate with others.
Research to Build and Present Knowledge
7. Conduct short as well as more sustained research projects based on focused questions, demonstrating understanding of the
subject under investigation.
8. Gather relevant information from multiple print and digital sources, assess the credibility and accuracy of each source, and
integrate the information while avoiding plagiarism.
9. Draw evidence from literary or informational texts to support analysis, reflection, and research.
Range of Writing
10. Write routinely over extended time frames (time for research, reflection, and revision) and shorter time frames (a single sitting
or a day or two) for a range of tasks, purposes, and audiences.
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CCSS Mathematics Alignment
5
Common Core State Standards
For
Mathematics
Each of the following anchor standards for mathematics which is aligned with activities in My Money has been marked
with a red arrow.
Standards for Mathematical Practice
1. Make sense of problems and persevere in solving them.
2. Reason abstractly and quantitatively.
3. Construct viable arguments and critique the reasoning of others.
4. Model with mathematics.
5. Use appropriate tools strategically.
6. Attend to precision.
7. Look for and make use of structure.
8. Look for and express regularity in repeated reasoning.
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Activity Descriptions for Checking Accounts
6
Category 1: Checking Accounts
Maintaining A Checking Account
Students will use a list of checking account transactions to complete a check register. They will complete an account
statement by computing the ending balance for the month and the balance by date. They will reconcile their check
register against the bank statement to be sure they balance.
Alignment with CCSS for Reading as noted on page 3.
Alignment with CCSS for Mathematics as noted on page 5.
Write It Right
Students will write a step-by-step explanation of how to properly fill out a check and illustrate each step using
check samples.
Alignment with CCSS for Writing as noted on page 4.
Whoops
Students will find the errors in a check register and reconciliation form. They will make a list of the errors, make an
adjusting entry in the check register and correctly reconcile the register and account statement.
Alignment with CCSS for Reading as noted on page 3.
Alignment with CCSS for Mathematics as noted on page 5.
Debit Cards vs Cash or Credit
Students will read the facts about the recent growth in debit card use. They will answer a series of questions
comparing the use of debit cards to cash or credit cards.
Alignment with CCSS for Reading as noted on page 3.
Alignment with CCSS for Writing as noted on page 4.
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Activity Descriptions for Saving
7
Category 2: Saving
Rachel’s Savings Decisions
Students will read six situations involving Rachel’s savings and explain why they believe she made a good or bad
personal finance decision in each situation.
Alignment with CCSS for Reading as noted on page 3.
Alignment with CCSS for Writing as noted on page 4.
Reuben Garza’s Savings Account
Students will calculate the balance in Reuben’s savings account on 24 dates over a eight month period. They will
complete three math problems related to Reuben’s savings account.
Alignment with CCSS for Reading as noted on page 3.
Alignment with CCSS for Mathematics as noted on page 5.
Save It
Students will read 10 different financial situations related to savings goals. For each of the situations, they will
choose the types of savings plans that could be used. An explanation of each type of savings plan in provided.
Alignment with CCSS for Reading as noted on page 3.
What We Save
Students will construct a bar graph illustrating the percentage of disposable income saved in the United States from
1930 through 2009. They will answer questions related to the graph they constructed.
Alignment with CCSS for Reading as noted on page 3.
Alignment with CCSS for Writing as noted on page 4.
Alignment with CCSS for Mathematics as noted on page 5.
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Activity Descriptions for Investing
Activity Descriptions for Money Matters
8
Category 3: Investing
Matt’s Investment Decisions
Students will read six situations involving Matt’s investments and explain why they believe he made a good or bad
personal finance decision in each situation.
Alignment with CCSS for Reading as noted on page 3.
Alignment with CCSS for Writing as noted on page 4.
The Investment Game
Students will be given an amount of money and have the opportunity to invest in a list of stocks, bonds and mutual
funds over a simulated twelve month period. They will do the necessary math to complete a form for each month
which lists their transactions and their current portfolio. To make their investment decisions, they will read the
business news which is provided along with all other materials.
Alignment with CCSS for Reading as noted on page 3.
Alignment with CCSS for Mathematics as noted on page 5.
Category 4: Money Matters
Marcos’ Banking Decisions
Students will read six situations involving the banking services that Marcos needs and explain why they believe he
made a good or bad personal finance decision in each situation.
Alignment with CCSS for Reading as noted on page 3.
Alignment with CCSS for Writing as noted on page 4.
Methods Of Payment
Students will read a list of purchases made by Alexis, Josh and Emily. For each purchase, they will decide the form(s)
of money that could be used to make the purchase. They will make a list of ten recent purchases they have made
and name the method of payment they used to make the purchase.
Alignment with CCSS for Reading as noted on page 3.
Money Math
Students will solve 7 problems involving various denominations of our currency.
Alignment with CCSS for Reading as noted on page 3.
Alignment with CCSS for Mathematics as noted on page 5.
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Activity Descriptions for Be Creative
9
Category 5: Be Creative
A Sad Tale
Students will write a short, humorous account of Brenda "The Bouncer" Bernhardt who mismanaged her checking
account so badly her personal finances were a disaster. They will include as many different errors as possible in
making deposits, writing checks, maintaining her register and reconciling.
Alignment with CCSS for Writing as noted on page 4.
How I Paid For My Summer Vacation
Students will write a short, fictional account of how they paid for their summer vacation including as many methods
of payment as possible.
Alignment with CCSS for Writing as noted on page 4.
It Adds Up
Students will design a poster illustrating the concept of compound interest.
Start Saving Smart
Students will create a list of 12 steps to successful saving that includes suggestions on when to save, how much to
save, where to save and how to make savings grow.
Alignment with CCSS for Writing as noted on page 4.
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My Money
C. W. Publications
Methods Of Payment
Listed below and on page 2 are purchases made by Alexis, Josh and Sergio. Circle the letters of the payment methods
that are not only commonly used for each type of purchase, but would actually be available to each of them at their age
or in their situation.
A) Bank Credit Card (Visa, MasterCard)
F) Gift Card
B) Cash
G) Money Order
H) Oil Company Credit Card
D) Debit Card
I) Personal Check
e
C) Cashier’s Check
ro
du
c
E) Department Store Charge Card
Alexis is a seventeen year old high school junior. Listed below are several purchases
she made during the past week.
A
B
C
D
E
F
G
H
I
2) A sweater at Hollister’s ...............................................
A
B
C
D
E
F
G
H
I
3) A movie ticket, popcorn and a coke ............................
A
B
C
D
E
F
G
H
I
4) A soft drink from a vending machine ..........................
A
B
C
D
E
F
G
H
I
5) Gas for her car ...........................................................
A
B
C
D
E
F
G
H
I
6) A download from ITunes ............................................
A
B
C
D
E
F
G
H
I
7) A new IPod .................................................................
A
B
C
D
E
F
G
H
I
A
B
C
D
E
F
G
H
I
2) A pizza delivered to his apartment .........
A
B
C
D
E
F
G
H
I
3) His $285 car payment he mailed in ........
A
B
C
D
E
F
G
H
I
4) $26.35 for groceries ..............................
A
B
C
D
E
F
G
H
I
5) His monthly rent ....................................
A
B
C
D
E
F
G
H
I
6) An $80 textbook he ordered online ........
A
B
C
D
E
F
G
H
I
7) A new pair of jeans and a new shirt ........
A
B
C
D
E
F
G
H
I
D
o
N
ot
R
ep
1) Lunch at McDonald’s ..................................................
e
Josh is a twenty year old sophomore at Sauk Valley Community College. Listed below
are several purchases and payments he made during the month.
Sa
m
pl
1) $1,280 for tuition and fees ....................
Name:
Period:
© C. W. Publications
PAGE 1
C. W. Publications
Methods Of Payment
Emily has been working as a registered nurse since graduating from nursing school
a year age. Listed below are several purchases and payments she made during the
month.
A
B
C
D
E
F
G
H
I
2) A $89.25 cable TV and internet bill .........................
A
B
C
D
E
F
G
H
I
3) $12,478 she paid the dealer for a used car she bought
with a bank loan .....................................................
A
B
C
E
F
G
H
I
ro
du
c
e
1) $1,400 for the first month’s rent and security deposit
on a new apartment................................................
D
A
B
C
D
E
F
G
H
I
5) An HD flat screen TV she bought for his new
apartment ..............................................................
A
B
C
D
E
F
G
H
I
6) Dinner at Maggianos (an Italian restaurant) .............
A
B
C
D
E
F
G
H
I
7) $300 she is sending to mother ................................
A
B
C
D
E
F
G
H
I
A
B
C
D
E
F
G
H
I
2) ___________________________________________________________ .........................
A
B
C
D
E
F
G
H
I
3) ___________________________________________________________ ............................
A
B
C
D
E
F
G
H
I
4) ___________________________________________________________ ............................
A
B
C
D
E
F
G
H
I
5) ___________________________________________________________ ............................
A
B
C
D
E
F
G
H
I
A
B
C
D
E
F
G
H
I
7) ___________________________________________________________ ............................
A
B
C
D
E
F
G
H
I
8) ___________________________________________________________ ............................
A
B
C
D
E
F
G
H
I
9) ___________________________________________________________ ............................
A
B
C
D
E
F
G
H
I
A
B
C
D
E
F
G
H
I
R
ep
4) An airline ticket she bought online ..........................
ot
Make a list of ten items you purchased or payments you made during the past
month and circle the method of payment you used.
e
D
o
N
1) ___________________________________________________________ .........................
Sa
m
pl
6) ___________________________________________________________ ............................
10) ___________________________________________________________ ............................
Name:
Period:
© C. W. Publications
PAGE 1
C. W. Publications
Methods Of Payment
Answer Key:
Page 1 Suggested Answers
B, D, F, I
2) A sweater at Hollister’s ...................................
B, D, E, F, I
3) A movie ticket, popcorn and a coke ................
B, D, I
4) A soft drink from a vending machine ..............
B
5) Gas for her car ...............................................
B, D, H, I
6) A download from ITunes.................................
D, F
7) A new IPod .....................................................
B, D, E, F, I
ro
du
c
1) Lunch at McDonald’s ......................................
e
Alexis is a seventeen year old high school junior. Listed below are several purchases she made during the past week.
2) A pizza delivered to his apartment .................
B, I
3) His $285 car payment he mailed in .................
C, G, I
4) $26.35 for groceries.......................................
A, B, D, I
5) His monthly rent ............................................
B, C, G, I
A, D
A, B, D, E, F, I
D
o
7) A new pair of jeans and a new shirt ................
N
6) An $80 textbook he ordered online ................
R
A, C, D, I
ot
1) $1,280 for tuition and fees .............................
ep
Josh is a twenty year old sophomore at Sauk Valley Community College. Listed below are several purchases and payments
he made during the month.
Page 2 Suggested Answers
e
Emily has been working as a registered nurse since graduating from nursing school a year age. Listed below are several
purchases and payments she made during the month.
C, G, I
2) A $89.25 cable TV and internet bill ....................................................................
A, B, C, D, G, I
m
pl
1) $1,400 for the first month’s rent and security deposit on a new apartment ........
C
4) An airline ticket she bought online ....................................................................
A, D
5) An HD flat screen TV she bought for his new apartment.....................................
A, B, D, E, F, I
6) Dinner at Maggianos (an Italian restaurant) .......................................................
A, B, D, G, F, I
7) $300 she is sending to mother ..........................................................................
C, D, I
Sa
3) $12,478 she paid the dealer for a used car she bought with a bank loan ............
Make a list of ten items you purchased or payments you made during the past month and circle the method of payment
you used.
No specific answer are required.
© C. W. Publications
KEY