GLOBAL

 

STUDIES

Students will work toward an understanding of the role of money in their lives.

 

 

Unit 11

Your Financial Future

ESSENTIAL QUESTIONS

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What are ways to earn income as a teenager?

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How will your decisions you make now affect your ability to make money as an adult?

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What factors can improve a person’s income making potential?

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How does a person decide on what to spend his/her income?

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How does buying on credit work?

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Why do people use credit?

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What are the advantages and disadvantages of using credit?

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By what methods can people save their money?

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Why is it important to save money?

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What does investing money mean?

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Why do people invest?

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What are the advantages and disadvantages of investing?

 

This unit will reinforce economic concepts taught throughout the sixth grade course.

The theme of production, distribution, and consumption will be examined in terms of the students own money management choices.

 Students will investigate income, spending, credit, saving, and investing.