Educator Toolbox

TXGU Activity: Financial Literacy Crash Course

Financial Literacy Crash Course.jpg

Created By:
 Texas GEAR UP

Grade Level: 11th

Introduction for Educators: If you’ve ever had a check bounce or gotten a call from a creditor, then you understand the value of financial planning.

You want your students to really understand this as well. And the best way to make that happen? Help them research it on their own.

Introduction for Students: Imagine this: You’ve decided to bake cookies for your parents. You’ve broken a few eggs into a bowl and mixed it with flour. Suddenly you realize you don’t have enough sugar.

If you had planned ahead, everything would be okay. But now you have no cookies, and you’ve wasted a lot of food. A little planning goes a long way.

The Activity: Review everything you’ve learned so far about budgeting and financial planning. You may want to look back over some college preparation resources like these:

  • http://www.collegeforalltexans.com/index.cfm?objectid=6464D15C-CC7E-B9A2-1FB915F27F61398E
  • https://bigfuture.collegeboard.org/pay-for-college

Now on a piece of paper, write a five-sentence paragraph that finishes this idea:

“I believe budgeting and financial planning are important because...”

Bonus Features: Budgeting often means giving something up. Do you drink sodas or coffee? Imagine if you gave those up and saved that money towards college. Calculate the amount of money you spend on those little habits every year. Are you willing to give something up to pay for college?