Making Major Financial Decisions

Help students consider the various factors that go into making sound decisions on major expenses. During class activities, students will:

  • Collect, graph and analyze data to answer questions (Math)
  • Assess advertising credibility and write a claim statement (English Language Arts)
  • Use multiple research sources and evaluate their credibility and intended use (Social Studies)
  • Use consumer strategies to make informed decisions (Family and Consumer Sciences and Business)

 

For Educators

Buyer Beware

With the digital nature of everything, there are now more opportunities for advertisers to get in front of students than ever. Learn how you can help your students make sound evaluations on an item before making that impulse buy.

Companion Video for Students

“To Buy or Not to Buy” That is the Question

Use this video to introduce students to ways that advertisers try to draw them in and how to determine whether they really want or need that purchase.

Classroom Activities

Classroom Activity
MATH

Not All Cell Phone Plans Are Created Equal

Middle School
1 to 2 Class Sessions

Students learn that there are many different factors that influence the amount people pay for cell phone plans by collecting and graphing various data points from people they know and using that data to answer questions.

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Classroom Activity
ENGLISH LANGUAGE ARTS

What’s in It for Them: Understanding a Source’s Incentives

Middle School
1 to 2 Class Sessions

Students will work together to separate fact from fiction when hearing product claims from a salesperson and follow up with a written claim statement of their own.

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Classroom Activity
SOCIAL STUDIES

Who Has Your Back: Understanding Product Information Sources

Middle School
1 to 2 Class Sessions

After researching products by looking at reviews, advertisements, and social media, students decide what information is most helpful in evaluating whether or not to purchase an item.

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Classroom Activity
FAMILY AND CONSUMER SCIENCES AND BUSINESS

Can't Trick Me

Middle School
1 to 2 Class Sessions

What influences you to purchase things? Students play a game to understand factors that influence buying decisions. Filling in a T-chart helps illuminate buying decisions.

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