FREE Economics and Personal Finance Teacher Resources 

Provided by the Centers for Economic Education at ODU and VA Tech, Updated December 2018

Virginia Council on Economic Education  www.vcee.org

Decision Making Videos  http://vcee.org/economic-decision-making-ms-and-hs/

Life After High School Resource Packet http://vcee.org/high-school/life-after-high-school/

Economics & Personal Finance Course Scope and Sequence updated version coming soon http://vcee.org/high-school/economics-personal-finance-curriculum/

Educator Awards for Economics and Personal Finance lessons, units, and career achievement   http://vcee.org/economic-educator-awards/

Next-Gen Personal Finance https://www.ngpf.org/

National Endowment for Financial Education High School Financial Planning Program – free curriculum with teacher manual and student workbooks https://www.hsfpp.org/

Smart About Money – free online courses https://www.smartaboutmoney.org/

Financial Workshop Kits – geared toward lower socioeconomic families; great for parent workshops https://www.financialworkshopkits.org/

Jump$tart Clearing House https://jumpstartclearinghouse.org/

Virginia Jump$tart Coalition https://www.jumpstart.org/who-we-are/states/virginia/

Teaching Money Virginia http://www.teachingmoneyva.org/ Lessons, speakers, and classroom resources designed for Virginia teachers of the high school economics/personal finance course

Council on Economic Education:  www.econedlink.org Clearing House/Search Engine: High-quality, standards-based lesson plans, student activities, and reviewed websites.

Federal Reserve Education

www.federalreserveeducation.org  St. Louis Federal Reserve education page – Lessons for your smart board, free online classes for students, mobile apps

http://www.stlouisfed.org/education_resources/highschool/  Lesson: The Free Silver Movement and Inflation

http://www.stlouisfed.org/education_resources/the-free-silver-movement-and-inflation/ Lessons: The Great Depression – lessons, interactives, historical audio clips

http://www.stlouisfed.org/education_resources/great-depression-curriculum-unit/ Katrina’s Classroom:  Financial Lessons from a Hurricane

https://www.frbatlanta.org/education/katrinas-classroom.aspx  Oil Prices: Supply and Demand – What’s Driving Oil Prices?

http://www.stlouisfed.org/education_resources/oil-prices-demand-and-supply/ Posters/Infographics

https://frbatlanta.org/education/classroom-tools/infographics.aspx

Federal Reserve Bank of Richmond

https://www.investinwhatsnext.org/ Invest in What’s Next – Help students answer questions about life after high school. Which path is right for me? What do I stand to gain? What are my funding options for school?

The Federal Reserve and You https://www.philadelphiafed.org/education/federal-reserve-and-you/  Free Video (order or stream)  Also has history content.  The First Bank of the United States, The Second Bank of the United States, The Great Depression, World War II Thru the 1960s, Stagflation in the 1970s, Boom Times & Bubbles: The Internet Age

Lessons:   First Bank of the US – Hamilton vs. Jefferson, Second Bank of the US  (click on HS and scroll down)     https://www.philadelphiafed.org/education/teachers/lesson-plans

Podcasts:  NPR’s Planet Money http://www.npr.org/blogs/money/ Imagine you could call up a friend and say, “Meet me at the bar and tell me what’s going on with the economy.” Now imagine that’s actually a fun evening. That’s what they’re going for at Planet Money.  They produce a twice-weekly podcast and blog.

Videos: Two Cents https://www.pbs.org/show/two-cents/  Videos about personal finance for Gen X.  Perfect for HS students.  Topics include:  credit scores, understanding the Stock Market and the Dow, buying a house, the costs of pet ownership, where tax dollars are spent, etc.

Planning the Prom http://www.themint.org/teachers/scarcity-choice-and-decisions.htmlLesson/Interactive can be done off or online.  Working in groups, students decide how money should be spent. Their task is to decide which band to hire, where to hold the dance, and what type of refreshments and decorations to provide. Must select one item from each expenditure category.

Explaining the Federal Reserve and Inflation http://www.stlouisfed.org/great-depression/curriculum.html This is one of the best lessons to teach students how the Federal Reserve uses monetary policy to control inflation and promote economic stability.  Lesson 6 from the Great Depression series (scroll all the way to the bottom).

Understanding Fiscal Responsibility http://www.econedlink.org/topics/28  These lessons focus on government institutions, programs, the Federal Reserve, Social Security, and events such as the Panic of 1893. Students become informed citizens as they consider the tradeoffs involved in setting public policy. They learn to articulate their own views by evaluating primary and secondary sources, engaging in group activities and discussions, and writing brief essays.

Listenwise  https://listenwise.com/  Their collection of podcasts and public radio keeps teaching connected to the real world and builds student listening skills at the same time.  Social studies, science, current events, literacy.

Gen i Revolution http://www.genirevolution.org/ From the Council for Economic Education.  Developed for middle school and high school students, this online game gives your students the chance to learn important personal finance skills as they play and compete against fellow classmates.  The game includes fifteen Missions in which students attempt to help people in financial trouble. Students join the Gen i Revolution, strategically select their Operatives, and begin to explore and earn points as they work to complete each Mission.

The Mint: Try It  http://www.themint.org/try-it/index.html This is the interactive section from the Mint – try the challenges and activities on the left-hand side.  They include – What Kind of Spender are You?, Credit Card IQ, When Will You Be a Millionaire.   Also note the link at the top of the screen titled “Ideas for Teachers” where you can find lesson plans like “Planning the Prom”.

It All Adds Up http://www.italladdsup.org/ It All Adds Up is a web site for teens who want to get a head start on their financial futures. The web site contains online games and simulations to help students learn about credit management, buying a car, paying for college, budgeting, saving, and investing.

Fiscal Ship http://fiscalship.org/index.php The Fiscal Ship challenges you to put the federal budget on a sustainable course. But budget decisions aren’t only about fiscal sustainability. They also shape the kind of country we live in. To win the game, you need to find a combination of policies that match your values and priorities AND set the budget on a sustainable course.

Lesson Plan to go with simulation: http://www.econedlink.org/teacher-lesson/1339/Federal-Budget-Lesson-Plan-Fiscal-Ship-Student-Game

Chair the Fed http://www.frbsf.org/education/teacher-resources/chair-federal-reserve-economy-simulation-game/ Learn how monetary policy works by taking charge of a simulated economy.  Manipulate interest rates and monetary policy to keep the economy on an even track.  Will they reappoint you as Fed Chair?

Moneyville https://omsi.edu/exhibitions/moneyville/activities.php Get Real is a budgeting game for living on your own and making choices about your spending, plus Lemonade Stand

NextGen Investing Simulation https://buildyourstax.com/  Reviews  every type of investment product (from savings accounts to commodities to gold to Treasury bonds, and more) that can be done in one class period.

APP: “Econ Ed Mobile”  The Econ Low Down from the St. Louis Federal Reserve. Learn about how inflation, the cost of credit, and your decisions affect your spending. For iStuff and Android

Financial Institution Personal Finance Lessons and Resources

Hands-on Banking – Wells Fargo (also in Spanish)  https://handsonbanking.org/educators/

Better Money Habits – Bank of America and Khan Academy https://bettermoneyhabits.bankofamerica.com/en

Bank on Your Success – BB&T  https://www.bbt.com/education-center/video/bank-on-your-success.page

Money Smarts  – FDIC https://www.fdic.gov/consumers/consumer/moneysmart/index.html

SmartStart Curriculum for Schools,  Virginia Credit Union

Teacher Recommended Resources

Major Financial Decisions Free tools to help you answer important financial planning questions. https://www.majorfinancialdecisions.org/

Economics Media Library   An extensive library of dynamic economics videos.

Navigate: Exploring College and Careers  This resource is an introduction to the investigation of careers and college and is designed for 7th through 9th grade students. Many students and their families may not be familiar with the pathways to education after high school, and Navigate provides information to begin preparing for success. https://www.dallasfed.org/educate/navigate.aspx

Does College Matter?

Three seasons of podcasts presented by the Federal Reserve Bank of San Francisco   http://doescollegematter.org/

Personal Finance 101 Conversations Personal Finance 101 Conversations is a series of short videos related to timely financial topics for students and consumers in their teens and 20s.  https://www.stlouisfed.org/education/personal-finance-101-conversations

Dollars and Sense Dollars and Sense is a budgeting game created by the Federal Reserve Bank of Richmond for middle and high school students. Students select a lifestyle and budget for expenses and unexpected events. https://www.richmondfed.org/publications/education/dollarsandsense

Fool Proof Me Our mission is to teach consumers the importance of using caution, questioning sellers, and relying on independent research before spending money. https://www.foolproofme.org/

H&R Block Budget Challenge Learn and practice many real-world money management skills:  paying bills, managing expenses, saving money, investing in retirement and more. https://hrblock.budgetchallenge.com/

Take Charge Today

A program and curriculum with a decision-based approach to personal finance.  An award-winning program designed by educators, for educators, Take Charge Today provides a consistent framework for thinking through financial choices in order to improve well-being.https://takechargetoday.arizona.edu/

Making Personal Finance Decisions  Making Personal Finance Decisions is an award-winning Minnesota Council on Economic Education curriculum designed for secondary teachers recently revised in cooperation with the Federal Reserve Bank of St. Louis. This free resource includes 10 units (20 lessons) with interactive activities and handouts on topics like budgeting, saving, and investing. https://www.mcee.umn.edu/making-personal-finance-decisions

LifeSmarts LifeSmarts, established in 1994, is the nation’s pioneering consumer organization that offers educational challenges for students and instructional resources for teachers in 6th-12th grade. http://lifesmarts.org/resources/

Crash Course YouTube Series

35 Videos by Adrienne Hill and Jacob Clifford about economics and personal finance. https://www.youtube.com/playlist?list=PL8dPuuaLjXtPNZwz5_o_5uirJ8gQXnhEO

Practical Money Skills – NFL Financial Football Game

Visa and the National Football League have teamed up to create Financial Football, a fast-paced, interactive game that engages students while teaching them personal finance skills. The new release features 3D graphics and game-changing opportunities with audibles, blitzes and game-breaking plays. https://www.practicalmoneyskills.com/play/financial_football

Banzai! Online Financial Literacy  Exposes students to real-life adult financial dilemmas, from taming a budget and paying auto insurance to navigate taxes. Whether you teach high school, junior high, or elementary-aged students, Banzai lets you choose the difficulty level. And if you want them to level up, there’s even an advanced course. https://teachbanzai.com/

Biz Kid$ Six Seasons of short video clips featuring young people and their perspectives on personal finance and entrepreneurship.  Accompanying lesson plans, games, and blogs included.  http://bizkids.com/show

MarketWatch Virtual Stock Exchange Build your portfolio and react to the markets in real-time. Compete against your friends or coworkers to earn your spot at the top of the leaderboards. https://www.marketwatch.com/game

How the Market Works Allows users to create their own custom stock game and create educational lessons for their players. https://www.howthemarketworks.com/

Build Your $tax  You’ve got 20 years to grow your wealth.  Who will have the biggest stacks of money?  Play as a group or alone. https://buildyourstax.com/

PlaySpent Interactive homelessness and poverty simulation and game that helps people learn to manage basic personal finances. http://playspent.org/

How I Made My Millions CNBC Business Nation’s monthly feature highlighting how successful entrepreneurs started by solving simple everyday problems with business-centered solutions. https://www.cnbc.com/how-i-made-my-millions/