It Just Adds Up

Download This Award-Winning Lesson Series

 It Just Adds Up is a series of lessons emphasizing economic and personal finance concepts.  They may be downloaded and used only for classroom purposes.  All lessons are copyrighted and may not be used in part or total for any commercial purposes without the written consent of OCEE.

 It Just Adds Up is an award-winning series of lessons, having won several regional and national awards for content and design and are the sole property of OCEE.

Teacher’s Guide
Correlations to PASS Standards_Document One
Correlations to PASS Standards _ Document Two


Lesson One:  Making Choices: Is it Really Free

Opportunity Cost

This lesson will help students improve their decision-making skills and understand that even “free ” goods and services have a cost. Students will compute percentages, make a bar graph and practice their analytical skills.


Lesson Two: Plotting your Future: Setting Goals

  • Rule of 72
  • Saving Money

This lesson will help students realize that having goals helps them make better decisions for their future.


Lesson Three: Budgeting:_Planning Your Future

  • Budget
  • Tracking Income and Expense

This lesson will help students learn how to track their income and expenses, allowing them to reach their financial goals.


Lesson Four: Budgeting:_Adjusting Your Actions

  • Setting Goals
  • Trade-Offs

This lesson will help students refine their
decision-making skills and prioritize their skills. Students will
develop bars and graphs to analyze information.


Lesson Five: Building Human Capital

  • Productivity
  • Human Capital

This lesson will help students understand the value of education. Students will calculate the differences in lifelong income for person with different levels of education.


Lesson Six: Earning an Income

  • Career Goals
  • Income

This lesson will help students explore potential income from career choices. Students will compute percentages, create graphs and charts, and practice their analytical skills.


Lesson Seven: Entrepreneurship

  • Entrepreneurship

This lesson will help students understand what it means to be an entrepreneur
by examining the characteristics and responsibilities of people who own and operate a business.


Lesson Eight: Money Lets Trade

  • Barter System
  • Money

This lesson will help students understand the role of money. Students will participate in an auction and calculate mean, mode and median prices.


Lesson Nine: Banking_Balancing a Checkbook

Deposits

  • Withdrawals
  • Debit Cards
    This lesson will help students learn how to record banking transactions. Students will compute changes in a bank account balance.

Lesson Ten: Banking Services

  • Bank
  • Financial Services

This lesson will help students examine different bank services such as loans, checking accounts, savings options and credit cards.


Lesson Eleven: Borrowers and Lenders

  • Bank
  • Financial Services

This lesson will help students understand the importance of character, collateral and capacity when borrowing money.


Lesson Twelve: Savings

  • Savings
  • Interest

This lesson will help students discover the difference between simple and compounded interest. Students will use fractions to compute simple and compound interest rates.


Lesson Thirteen: Investing

  • Investing
  • Returns

This lesson will help students understand the basics of purchasing stocks. Students will use basic math skills to calculate stock purchases and price changes.


Lesson Fourteen: Consumer Credit

  • Credit
  • Overspending

This lesson will help students understand how interest rates and length of time to repay loans impacts the total price of goods and services. Students will compute changes in total prices of goods and services purchased on credit.


Lesson Fifteen: Consumer Credit – Credit Cards

  • Credit Cards
  • Monthly Payments

This lesson will help students understand the cost of using credit cards. Students will compute monthly payments on credit cards.


Lesson Sixteen: Online Shopping

This lesson will help students understand the cost of using credit cards. Students will compute monthly payments on credit cards.


Lesson Seventeen: Protecting Your Identity

  • Credit Cards
  • Monthly Payments

This lesson will help students learn about identity theft. Students will make projections to determine potential victims of identity theft.


Lesson Eighteen: Insurance: Managing Your Risk

  • Insurance
  • Deductible

This lesson will help students learn what affects insurance rates. Students will calculate differences in insurance premiums.


Lesson Nineteen: Income Taxes

  • Progressive Tax
  • Regressive Tax

This lesson will help students understand progressive tax rates for income taxes. Students will compute tax liability for different wage earners.


Lesson Twenty: Charitable Contributions: Giving to Others

  • Nonprofit
  • Tax Deduction

This lesson will help students understand the importance of giving. Students will apply their analytical skills to develop a survey, compile results and examine their findings.


Lesson Twenty-One: Budgeting: Planning for Special Purchases

  • Knowing Limits
  • Efficiency

This lesson will help students relate spatial concepts to decision-making. Students will build a model and evaluate it.


Lesson Twenty-Two: Money: How Much Will it Buy?

  • Consumer Price Index
  • Inflation

This lesson will show students how price changes impact purchasing power. Students will compare prices, finding the percentage increase or decrease.


Lesson Twenty-Three: Cellular Phone Service

  • Competition
  • Informed Choices

This lesson will help students learn how to compare prices for goods and services, including cellular service providers. Students will analyze differences in cell phone rates.


Lesson Twenty-Four: Taxes Provide Public Goods and Services

  • Public Goods and Services
  • Private Goods

This lesson will help students identify the differences between public and private goods and services. Students will use their spatial skills to create a community.


Lesson Twenty-Five: Money: More Than Just Dollars

  • Money Around the World
  • Exchange Rates

This lesson will help students understand how to use exchange rates to determine how prices of products vary among different countries. Students will calculate percentages and make comparisons.


Lesson Twenty-Six: Collectibles: A Fun But Risky Investment Option

This lesson will help students understand what gives a product value. Students will use basic math skills to calculate possible changes in prices and use analytical skills to explain why prices


Lesson Twenty-Seven: Major Purchases: Buying a Car

  • Financing
  • Expenses

This lesson will help students learn about auto financing. Students will use an amortization schedule and compare different interest financing methods.