Money Make$ the World Go Around

 

Created by:  Marsha Robichaux, Sara Patrick-Shaw, Brenda Jolly and Julie Boren

 

Introduction  Task   Process   Evaluation   Conclusion   Teacher Page

 

 

Introduction

 

      Your mom has decided that she is tired of you hassling her for money.  She has decided to give you an allowance of $100 a month.  With this money you will have to pay for lunches, snacks, and other necessities. 


Introduction   Task   Process   Evaluation   Conclusion   Teacher Page

 

Task

 

       Your goal is to budget your money wisely so that you can buy an item of your choice.  You must budget for the following items:  food (school lunches, snacks, trips to McDonald’s, etc.), entertainment, clothes, and any other items you want.  Your mom will provide only your meals at home.  You are responsible for everything else!  How will you spend your money?  How will you save for that one item that you really want?

 

Introduction   Task   Process   Evaluation   Conclusion   Teacher Page

 

Process

As a group you will:

 

·     Create a Budget

·     Comparison Shopping

·     Coupon Savings

·     Paying Taxes

·     Ideas to Save Money

 

 

Individually, you will:

 

·     Match decimals to fractions to percents

·     Convert decimals to fractions to percents

·     Complete number line for fractions

·     Demonstrate in your budget how you saved enough money to reach your goal

 

 

Ideas for finding items online:    http://www1.jcpenney.com/

http://www.walmart.com/jcp/default.aspxrt,

http://www.footlocker.com/

http://www.ebay.com/

http://www.zappos.com/welcome.zhtml?0708

http://www.target.com/gp/homepage.h http://www.redtagdeals.com/ tml/601-6589436-5598546

http://www.kmart.com/home/index.jsp

 

 

Introduction   Task   Process   Evaluation   Conclusion   Teacher Page

 

Evaluation

 

You will be evaluated on the group, individual and extended activities using this worksheet.

 

Introduction   Task   Process   Evaluation   Conclusion   Teacher Page

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Conclusion

You will be required to participate in a class discussion about all the different topics of this project.

 

Back to Student Page

 

Introduction   Task   Process   Evaluation   Conclusion   Teacher Page

 

Teacher Page

Subject Area:  Mathematics

 

Grade Level:  6th – 8th

 

This project would work well with small groups (2 or 3).  There are activities within this project for individual students to complete.  These worksheets may be used separately or together. 

 

Learner Information:

The following activity pages are designed to help the groups to complete the assignment:

·     Create a Budget

·     Comparison Shopping

·     Coupon Savings

·     Paying Taxes

·     Ideas to Save Money

 

 

The following activity pages are designed for each student to complete project:

·     Match decimals to fractions to percents

·     Convert decimals to fractions to percents

·     Complete number line for fractions

·     Demonstrate in your budget how you saved enough money to reach your goal

 

 

Standards:

      Curriculum:

1.) Demonstrate computational fluency with addition, subtraction, multiplication, and division of decimals and fractions.

2.) Solve problems involving decimals, percents, fractions, and proportions.

10.) Interpret information from bar graphs, line graphs, and circle graphs.

3.) Exhibit proficiency in the use of fractions and mixed numbers.

• Comparing, ordering

 

16.) Use ratios and proportions to describe real-life situations.

     

 

 

Technology:

11.) Follow procedures to design, develop, publish, and present products using technology resources that demonstrate and communicate curriculum concepts to audiences inside and outside the classroom.

 

12.) Integrate word processing skills across the curriculum.

19.) Use appropriate tools and technology resources to resolve information conflicts by validating information through research and comparison of data.

 

 

 

Back to Student Page