Standard 1: Earning an Income

  1. Evaluate how career choices, educational/vocational preparation, skills, and entrepreneurship affect income and standard of living (e.g., postsecondary degree/certification, needs versus wants, and ability to live on less than you earn).
  2. Identify the components of a personal/family budget (e.g., income, savings/investments, taxes, emergency fund, expenses, and charitable giving) based on short, medium, and long term goals (e.g., financial, personal, educational, and career).
  3. Explain how taxes, employee benefits, and payroll deductions affect income.

Online Lesson Plans and Curriculum

Making $en$e: Financial Success for Oklahoma Students – Oklahoma State Department of Education | view now

  • Module 1.1: Jobs vs Careers
  • Module 1.2: Income and Taxes
  • Module 1.3: Goal-setting
  • Module 1.4: Managing Your Income

Econedlink – Council on Economic Education  | view now

Standard 1.1

Standard 1.2 – 1.3

It Just Adds Up |

  • Lesson 1 – Money: How Much Will It Buy?
  • Lesson 2 – Plotting Your Goals
  • Lesson 3 – Budgeting: Planning for the Future
  • Lesson 4 – Adjusting Your Actions
  • Lesson 5 – Building Human Capital
  • Lesson 6 – Earning an Income
  • Lesson 7 – Entrepreneurship
  • Lesson 21 – Budgeting: Planning for Special Purchases
  • Lesson 22 – Money: How Much Will It Buy?

bigstock-Budget-Scribbled-On-Napkin-1123119

Budgeting: Making the Most of Your Money | NEFE

Earning Money Lessons and Worksheets | MoneyInstructor.com

Take Charge Today | Financial Education for a better future

 

Council for Economic Education Lessons

Capstone: Exemplary Lessons for High School Economics, Unit 3:

  • Lesson 15 – Why Do Some People Earn More Than Others?
  • Lesson 17 – Creating and Using a Budget
  • Lesson 19 – Earning an Income

Choices and Changes in Life, School, and Work

  • Lesson 2 – Human Capital and Productivity
  • Lesson 4 – I Am Part of the Economy
  • Lesson 8 – My Human Capital
  • Lesson 12 – Long-Term Consequences:
  • Lesson 13 – A Job Application

 

Standards

Online Resources

 

Online Calculators

 

Expanded Activities
OCEE-Website