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Economics and the stock market have taken center stage since the crises of 2008. This site provides a nice overview of the world of personal investment including sections on earning, saving, spending, investing, giving, owing, safeguarding, and tracking. There are also a number of interactive features that can provide insight into the student's attitudes toward money. Online calculators help students understand how finance charges affect the "bottom line" for purchases bought on credit, and how saving in interest-bearing accounts can increase assets. The "Ideas for Teachers" link includes lesson plans and other tips for using the site in an educational setting. This site requires Flash. You can get it from the TeachersFirst Toolbox page.
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In the Classroom:
This site provides some great tools for use by students in a personal finance or "Real World" class, as well as information to supplement a discussion of economics or current events. You could also use it as a real world application of many math concepts or team teach middle school math and social studies together. Consider assigning the interactive quizzes as independent work, and using the topical overviews to accompany a lecture or class discussion. One drawback: the "sounds" that accompany mousing over your choices are very distracting. Consider turning down the sound (or hitting mute) on your computer if you use this site on an interactive whiteboard. Challenge students to write “financial” blogs offering advice, based on the information learned at this site. Or assign them to demonstrate competence with concepts such as per cent and interest by creating a financial advice column for a student online newspaper. |
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