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Middle School Math Financial Literacy Project

Rated 5 out of 5, based on 13 reviews
5.0 (13 ratings)
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Man of Steele Math
16 Followers
Grade Levels
6th - 8th
Resource Type
Standards
Formats Included
  • PDF
Pages
10 pages
$3.00
$3.00
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Man of Steele Math
16 Followers

What educators are saying

My students were so engaged in this and didn't want to stop working on it. These worked on it consistently for week and had to put an end to it because they just kept on adding more things

Description

The goal of this project is for students to learn how money works, how much things cost, what types of things they need to buy, how tax and interest affect money, and how to plan a budget. The project will require students to do internet research and to cite sources. Students will need to price several different kinds of items, including some items students can find online and others (especially gasoline and some food items) which may require students to do research at the gas station or the grocery store.

The project is CCSS-aligned, although it is designed specifically with reference to TEKS 7.13, the financial literacy standards for the state of Texas. The project requires students to solve real-world problems involving budgeting, sales tax, income tax, simple interest, compound interest, credit, buying houses and cars, borrowing money, and more.

Since the project requires students to do their own research and make their own choices, there is no answer key. A rubric is included, as well as a description of the project recommending various resources to students.
Total Pages
10 pages
Answer Key
Rubric only
Teaching Duration
1 Week
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Standards

to see state-specific standards (only available in the US).
Evaluate expressions at specific values of their variables. Include expressions that arise from formulas used in real-world problems. Perform arithmetic operations, including those involving whole-number exponents, in the conventional order when there are no parentheses to specify a particular order (Order of Operations). For example, use the formulas V = s³ and A = 6 s² to find the volume and surface area of a cube with sides of length s = 1/2.
Use variables to represent two quantities in a real-world problem that change in relationship to one another; write an equation to express one quantity, thought of as the dependent variable, in terms of the other quantity, thought of as the independent variable. Analyze the relationship between the dependent and independent variables using graphs and tables, and relate these to the equation. For example, in a problem involving motion at constant speed, list and graph ordered pairs of distances and times, and write the equation 𝘥 = 65𝘵 to represent the relationship between distance and time.
Solve multi-step real-life and mathematical problems posed with positive and negative rational numbers in any form (whole numbers, fractions, and decimals), using tools strategically. Apply properties of operations to calculate with numbers in any form; convert between forms as appropriate; and assess the reasonableness of answers using mental computation and estimation strategies. For example: If a woman making $25 an hour gets a 10% raise, she will make an additional 1/10 of her salary an hour, or $2.50, for a new salary of $27.50. If you want to place a towel bar 9 3/4 inches long in the center of a door that is 27 1/2 inches wide, you will need to place the bar about 9 inches from each edge; this estimate can be used as a check on the exact computation.
Recognize and represent proportional relationships between quantities.
Decide whether two quantities are in a proportional relationship, e.g., by testing for equivalent ratios in a table or graphing on a coordinate plane and observing whether the graph is a straight line through the origin.

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16 Followers