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ERIC Number: ED591984
Record Type: Non-Journal
Publication Date: 2018-Oct-16
Pages: 130
Abstractor: ERIC
ISBN: 978-0-8735-3996-8
ISSN: N/A
EISSN: N/A
On the Money: Mathematics Activities to Build Financial Literacy Grades K-5
Gold, Lindsay A.; Houston, Michael S.; Bay-Williams, Jennifer M.; Ashurst, John M.
National Council of Teachers of Mathematics
Financial skills, like mathematical ones, must be built on a firm foundation. Whether one is putting money in a piggy bank or a 401(k), and purchasing a toy car or a real one, everyone needs the understanding of financial issues and math skills necessary for making sound decisions. The elementary classroom is the perfect place to introduce students to the multifaceted subject of financial literacy. The key is to integrate financial topics into mathematics instruction, using everyday, fun topics that relate to students' experiences and bring math concepts to life. This book's seventeen chapters provide lessons and activities on important skills such as understanding coins and their values, saving up for future purchases, and sticking to a budget. Related mathematical skills and topics include the four basic operations; fractions, decimals, and percentages; working with graphs and data; and more. Each chapter includes: (1) a "Future Value" section, summing up the mathematical and financial literacy knowledge that students in elementary school will bring to and take away from the lesson; (2) relevant Common Core mathematics standards and practices and Jump$tart financial literacy standards; (3) a full lesson plan with specific learning targets, including sections on the "Sales Pitch," the "Fine Print," and "Closing the Deal"; (4) activity sheets and other classroom material, which are also available to download and print from the National Council of Teachers of Mathematics (NCTM) More4U website; and (5) suggestions for extended learning, including references to relevant children's literature and other resources. [For "On the Money: Math Activities to Build Financial Literacy, Grades 6-8," see ED566539.]
National Council of Teachers of Mathematics. 1906 Association Drive, Reston, VA 20191. Tel: 800-235-7566; Tel: 703-620-9840; Fax: 703-476-2570; e-mail: NCTM@nctm.org; Web site: http://www.nctm.org/
Publication Type: Books; Reports - Descriptive
Education Level: Elementary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: National Council of Teachers of Mathematics
Grant or Contract Numbers: N/A