Use this set of financial literacy vocabulary cards when teaching about income, budgets, taxes, methods of payment, and financial records.
Financial Literacy Vocabulary
Financial literacy for kids is the knowledge and skills needed to make informed and effective decisions regarding the use and management of money. This includes understanding concepts such as earning, saving, investing, and budgeting. Teaching financial literacy to children can help them develop good money habits and prepare them for financial independence as adults.
Teach Starter has created a set of 18 vocabulary cards for your students to use when covering topics such as income, budgets, methods of payment, etc.
Tips for Differentiation + Scaffolding
A team of dedicated, experienced educators created this resource to support your financial literacy and economics lessons.
In addition to individual student work time, use this set of word wall cards to enhance learning through guided math groups, whole class lessons, or remote learning assignments.
If you have a mixture of above and below-level learners, check out these suggestions for keeping students on track with the concepts:
🆘 Support Struggling Students
Help students who need help understanding the concepts by printing them and putting on a ring for students to keep at their desks as a reference throughout the unit.
➕ Challenge Fast Finishers
Ask students to create their own poster representing one of the vocabulary terms, and hang it along with the provided vocabulary card. Their poster could include an image and the term used in a sentence.
Easily Prepare This Resource for Your Students
Use the dropdown icon on the Download button to choose between the PDF or editable Google Slides version of this resource.
Print on cardstock for added durability and longevity. Place all pieces in a folder or large envelope for easy access.
This resource was created by Lorin Davies, a teacher in Texas and a Teach Starter Collaborator.
Don’t stop there! We’ve got more activities and resources that cut down on lesson planning time:
Learn about the advantages and disadvantages of different methods of payment with this mini-book. Explore the difference between gross income and net income with this set of 24 task cards. Practice how to balance a budget with this financial literacy worksheet.teaching resource
Methods of Payment Mini-Book
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Gross and Net Income – Task Cards
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Balancing a Budget – Worksheet
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