Agro Based
“Show Me The Money” Summer Survivor 2005 Program. University of Minnesota Extension Service. Day One: Where Does the Money Come From? (Earning Income) Source: Financial Fitness for Life, ©National Council on Economic Education
Session 1 Where Does The Money Come From? (Earning Income) Lesson Plan
Objectives: At the end of this lesson youth will be able to: • Relate human capital (work skills) to work • Define money earned as income • Differentiate between money received as income and money received as a gift • Identify ways to earn income
Background Information: People receive money in several ways. Earning money by working is a common one. When working, individuals use their work skills, talents, and abilities (human capital) in a productive way. Another way people receive money is through gifts. In many instances, the money given by the giver was income to him/her. This lesson focuses on the differences between the two sources of money and on human capital as it is related to work.
Supplies Needed: • $5.00 bills (play money) – one for each child • A large torch for class use with a flame “earning money” that will be attached at the end of the lesson. • Supplies to make individual torches for each child. • Copy of the story #1 “A Very Good Day” -- one for the large group or multiple copies if read in smaller groups • Flip chart or white board and markers • Strips of construction paper in 3 colors (approximately 3 strips of each color for each student)
Page 1 of 8
“Show Me The Money” Summer Survivor 2005 Program. University of Minnesota Extension Service. Day One: Where Does the Money Come From? (Earning Income) Source: Financial Fitness for Life, ©National Council on Economic Education
• • • • •
Tape, glue, or staplers Crayons or markers Parent Newsletter – Day One with Nutrition Insert Gardening supplies for Nutrition Connection optional activity Volunteer Teen Leader Information Sheet – Day One
Lesson Overview (75-85 minutes) • Get
Session 1 Where Does The Money Come From? (Earning Income) Lesson Plan
Objectives: At the end of this lesson youth will be able to: • Relate human capital (work skills) to work • Define money earned as income • Differentiate between money received as income and money received as a gift • Identify ways to earn income
Background Information: People receive money in several ways. Earning money by working is a common one. When working, individuals use their work skills, talents, and abilities (human capital) in a productive way. Another way people receive money is through gifts. In many instances, the money given by the giver was income to him/her. This lesson focuses on the differences between the two sources of money and on human capital as it is related to work.
Supplies Needed: • $5.00 bills (play money) – one for each child • A large torch for class use with a flame “earning money” that will be attached at the end of the lesson. • Supplies to make individual torches for each child. • Copy of the story #1 “A Very Good Day” -- one for the large group or multiple copies if read in smaller groups • Flip chart or white board and markers • Strips of construction paper in 3 colors (approximately 3 strips of each color for each student)
Page 1 of 8
“Show Me The Money” Summer Survivor 2005 Program. University of Minnesota Extension Service. Day One: Where Does the Money Come From? (Earning Income) Source: Financial Fitness for Life, ©National Council on Economic Education
• • • • •
Tape, glue, or staplers Crayons or markers Parent Newsletter – Day One with Nutrition Insert Gardening supplies for Nutrition Connection optional activity Volunteer Teen Leader Information Sheet – Day One
Lesson Overview (75-85 minutes) • Get