What are the three best things about your town? What are the three worst?
How would you describe the town where you live to someone who was thinking about moving there?
Imagine that your family was moving. What are three things you would want to have in your new hometown? Now imagine that you are grown up and have a family of your own. You are moving. Do you think you will value the same things? Why or why not?
What financial issues would you need to take into account before moving overseas? What else would you need to consider? Under which circumstances would you be willing to make this life-changing transition? And what would convince you that it was better to stay put?
- As a class, discuss what a monthly budget is and how it can be helpful. Discuss reasons why a monthly budget can also be difficult to follow.
- Have students create a list of items that should be included in a monthly budget. Then have them conduct research to identify a reasonable amount to allocate for each item in your area or in a place they want to live in the future. If you like, invite them to use the Teleport app featured in the article as inspiration.
- Assign monthly salaries or have students conduct research to identify the average salary of a career they hope to someday pursue.
- Challenge students to use the data they collected to create a reasonable monthly budget.
CUSTOMIZE THE LESSON:
Is greed good? That is the question students will explore with this Smithsonian History Explorer lesson. The inquiry investigates the impact—both good and bad—of the Industrial Age, which was essential to the economic and social development of the United States.
Introduce students to economics with these lessons from the Smithsonian Center for Learning and Digital Access that focus on the currency system of the Akan people of Ghana in West Africa.
These lessons from the Smithsonian Center for Learning and Digital Access present images of paper money from the American Revolution. Students examine the money in order to gather primary source information the Revolutionary period in general and the specific times when the bills were issued.
This interactive exhibit from the National Museum of American History invites students to explore legendary gold coins that represent the passionate quest for gold in the American frontier. Students will learn how the discovery of gold affected American ideas about the creation and use of money.
This interactive game from the National Museum of American History is a fun way to learn about currency and explore American history. Players enhance their analytical skills as they decipher clues and closely examine objects from the National Numismatics Collection. Their goal is twofold: solve mysteries and escape from the vault!
Use this National Museum of African Art site to introduce students to objects that are used to facilitate trade for goods and to measure wealth in African cultures.
Before becoming a kiss, bar or hot drink, cocoa gets shipped, stashed, smashed and—most critically for producers and consumers alike—commodified. Read this Smithsonian magazine article to learn more.