| LESSONS |
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The first grade literature book is Alexander, Who Used to be Rich Last Sunday (Voirst), about a little boy who had a dollar, but spent it all, a little at a time. The lesson covers concepts of spending and saving. Students will be able to define "saving" and "spending", explain that saving involves giving up things today, and identify a savings goal. If time permits, the volunteer may also lead students in a song about spending and saving.
The second grade literature book is The Berenstain Bears and Trouble with Commercials (Berenstain), a story about Sister and Brother Bear who want everything they see on the TV commercials. Mama Bear finds a way to teach her cubs that they can't believe everything they see. The lesson covers the concepts of opportunity cost and cost-benefit analysis, saving and savings goals. Students will be able to define "saving," give examples of savings goals, and explain how to use a Cost-Benefit Analysis T-Chart. The third grade literature book is Less Than Zero (Murphy), a story about a penguin named Perry who wants to buy an ice scooter but who doesn't have the clams to buy one. Perry learns about saving, earning income, and borrowing. Students use a number line to keep track of Perry's woes. Students will be able to define "saving", "savings goal", "borrowing", and "interest", identify a savings goal, explain the difference between saving and borrowing, and use a number line. |
| Lessons developed by the Centers for Economic Education at the University of Missouri-Kansas City and the University of Missouri-St. Louis. |