Grade 5: Creating A New Nation Financial Literacy Grade 5: Creating A New Nation

5th Grade Financial Content Literacy Standards Financial Literacy content standards have been added into Nevada social studies Standards as a result Senate Bill 249. Senate Bill 249 incorporates broadening financial literacy education across 3-12 grades. Financial literacy content standards can be referenced in your school district’s Curriculum Engine.

5th Grade Financial Literacy Content Standards These are new Nevada Academic Content Standards (NVAC)

Financial Literacy Content Standards Financial Decision-Making SS.5.35. Describe the importance of setting financial goals Lesson Plan Resources My Classroom Economy - a no-cost year long simulations which covers financial literacy standards. (Myclassroomeconomy.org) Popcorn Economics - In this lesson, students experience scarcity through an activity. Students relate the concept of scarcity to situations in school and their community. (financeintheclassroom.org)

Financial Literacy Content Standards Credit and Debt Content Standards SS.5.36. Compare interest rates in regards to credit and savings Lesson Plan Resources I Owe You - A lesson plan explaining the basics of credit cards featured in the NY Times. (The Learning Network) Introduction to Credit - Students are introduced to credit cards, credit card advantages, and responsible credit. Standards are listed. (National Education Association) Credit Cards - A Credit Card Lesson Plan for Elementary School Students (Study.com)

Financial Literacy Content Standards Insurance, Investing and Risk SS.5.37. Identify methods of how to protect one’s identity from common threats. Lesson Plan Resources Goldi and the Three Passwords - In this lesson, students learn about how to create good passwords and the risks of not doing so. (EconEd) Start from Scratch - In class activity where students discuss online shopping and discuss the major economic forces at work in the post-Civil War. (financeintheclassroom.org) Digital Footprints - Students examine digital footprints and how risky some of their online decisions can be. (EconED)

Financial Literacy Content Standards College and Career Preparedness SS.5.38. Explain the standard of living in relationship to quality of life. Lesson Plan Resources Family Income - an in class activity and resources discussing money and family budgeting. (financeintheclassroom.org) Career Tree - students design a "career tree" based on the occupations of the people in their family. (financeintheclassroom.org) Bartering Game - For this activity, students trade their resources for other goods and services. The purpose of the activity is for the class to understand the relative value of different community occupations. (financeintheclassroom.org)

Financial Literacy Content Standards College and Career Preparedness Cont… As part of a project to support the Nevada State Treasurer’s Office, a series of lesson plans and curriculum content was developed specifically for 5th Grade Teachers in Nevada, which are listed below: Resources for 5th Grade Teachers Nevada Saves: College and Career True False Nevada Saves: College Word Search Center for Educational Partnerships: Fast Forward to College Center for Educational Partnerships: College Day Educational Journey

Educator Resource Guide Finance in the Classroom - Economic and finance curriculum activities for grades k-12. EconEd - Economics and Personal Finance for Grades k-12 US Treasury Office - Clips and Interactive Games for Students from the United States Treasury Office. FDIC - The FDIC’s new Money Smart for Young People series features four free age-appropriate curriculums that are designed to promote financial understanding in young people.

Additional Resources Junior Achievement - (you usually need to find a corporate sponsor/partner) Volunteer-delivered, kindergarten-12th grade programs foster work-readiness, entrepreneurship and financial literacy skills, and use experiential learning to inspire students to dream big and reach their potential. Andson - Created a Learning Management Platform which allows educators to access all state required financial literacy curriculum including lesson plans, in-class activities and take-home projects. An annual educator membership is $150. Nevada Council for Economic Education - NVCEE promotes economic education by developing and conducting teacher and community education programs in collaboration with existing organizations and networks. 

Fun with Financial Literacy SNL’s Kate McKinnon and Beth Kobliner talk money with kids.