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Subject Area(s):

• K-12: General
• K-12: Health
• K-12: Language Arts
• Life Work
• Self-Regulation

Grade Level(s):

• K-2nd Grade

Description:

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Goals & Objectives:

• Are You In Balance? This bulletin board can be prepared using a cutout of giant scales. Label one side of the scales as Debits and the other as Credits. Then, using graphical representations on each side, represent different accounts and perhaps amounts as well ($400 Cash DR, $500 Rent Expense DR, etc.). You can represent Rent Expense, for example, with a little house cutout. One cute variation is to have the scales out of balance and a few cutouts scattered below the scales on the bulletin board. At the bottom of the board, put DEBITS MUST EQUAL CREDITS!
• Accounting - Scorekeeping for Business. On the board, put all types of sports related items, such as football with goalpost, baseball, tennis, golf etc. This is good for beginning of the year. (Submitted by: S. Moore)
• Flash Some Light on Those Accounting Errors. Create a giant journal page and a giant general ledger page with some errors on them (transposing dollar amounts, transactions out of balance, etc.) and have large flashlights with transparent yellow paper coming from them pointing to the errors. At the bottom of the board, put "Don't Get Caught in the Dark."

• Don't Get Caught in a Web. This bulletin board may be a little difficult to create because you will want to make a very large spiderweb that covers much of the area of the board. Put large spiders on the web with different consumer problems (high interest rates, large debts, etc.). Put a bottom caption to suit your unit theme-"Be a Smart Shopper" or "Shop Around" or "Practice Smart Consumer Skills."
• Cash or Credit? This bulletin board theme can be used for units on credit cards. Head the board with the words, "Cash or Credit?" and below it I put a picture of a dollar bill with legs and a face and next to it extra large credit cards (Visa, Mastercard, Discover). Beside each, work out the actual cost of something like a stereo if you pay cash or if you use a credit card with a 21% APR, paying small amounts each month for a year.
• Slide Into An Exciting Future--Begin Saving Now! This board can be decorated many ways, but the theme should focus around a playground slide with a person going down it landing into a pool or bucket or a pile of money. One variation is to put some conversions up to illustrate the importance of saving (how much money a savings account would have with a certain percentage rate, etc.). These conversions could be put on other playground equipment (merry-go-round, swings, see-saw, etc.).

Materials:

• Are You In Balance? This bulletin board can be prepared using a cutout of giant scales. Label one side of the scales as Debits and the other as Credits. Then, using graphical representations on each side, represent different accounts and perhaps amounts as well ($400 Cash DR, $500 Rent Expense DR, etc.). You can represent Rent Expense, for example, with a little house cutout. One cute variation is to have the scales out of balance and a few cutouts scattered below the scales on the bulletin board. At the bottom of the board, put DEBITS MUST EQUAL CREDITS!
• Accounting - Scorekeeping for Business. On the board, put all types of sports related items, such as football with goalpost, baseball, tennis, golf etc. This is good for beginning of the year. (Submitted by: S. Moore)
• Flash Some Light on Those Accounting Errors. Create a giant journal page and a giant general ledger page with some errors on them (transposing dollar amounts, transactions out of balance, etc.) and have large flashlights with transparent yellow paper coming from them pointing to the errors. At the bottom of the board, put "Don't Get Caught in the Dark."

• Don't Get Caught in a Web. This bulletin board may be a little difficult to create because you will want to make a very large spiderweb that covers much of the area of the board. Put large spiders on the web with different consumer problems (high interest rates, large debts, etc.). Put a bottom caption to suit your unit theme-"Be a Smart Shopper" or "Shop Around" or "Practice Smart Consumer Skills."
• Cash or Credit? This bulletin board theme can be used for units on credit cards. Head the board with the words, "Cash or Credit?" and below it I put a picture of a dollar bill with legs and a face and next to it extra large credit cards (Visa, Mastercard, Discover). Beside each, work out the actual cost of something like a stereo if you pay cash or if you use a credit card with a 21% APR, paying small amounts each month for a year.
• Slide Into An Exciting Future--Begin Saving Now! This board can be decorated many ways, but the theme should focus around a playground slide with a person going down it landing into a pool or bucket or a pile of money. One variation is to put some conversions up to illustrate the importance of saving (how much money a savings account would have with a certain percentage rate, etc.). These conversions could be put on other playground equipment (merry-go-round, swings, see-saw, etc.).

Procedures:

• Are You In Balance? This bulletin board can be prepared using a cutout of giant scales. Label one side of the scales as Debits and the other as Credits. Then, using graphical representations on each side, represent different accounts and perhaps amounts as well ($400 Cash DR, $500 Rent Expense DR, etc.). You can represent Rent Expense, for example, with a little house cutout. One cute variation is to have the scales out of balance and a few cutouts scattered below the scales on the bulletin board. At the bottom of the board, put DEBITS MUST EQUAL CREDITS!
• Accounting - Scorekeeping for Business. On the board, put all types of sports related items, such as football with goalpost, baseball, tennis, golf etc. This is good for beginning of the year. (Submitted by: S. Moore)
• Flash Some Light on Those Accounting Errors. Create a giant journal page and a giant general ledger page with some errors on them (transposing dollar amounts, transactions out of balance, etc.) and have large flashlights with transparent yellow paper coming from them pointing to the errors. At the bottom of the board, put "Don't Get Caught in the Dark."

• Don't Get Caught in a Web. This bulletin board may be a little difficult to create because you will want to make a very large spiderweb that covers much of the area of the board. Put large spiders on the web with different consumer problems (high interest rates, large debts, etc.). Put a bottom caption to suit your unit theme-"Be a Smart Shopper" or "Shop Around" or "Practice Smart Consumer Skills."
• Cash or Credit? This bulletin board theme can be used for units on credit cards. Head the board with the words, "Cash or Credit?" and below it I put a picture of a dollar bill with legs and a face and next to it extra large credit cards (Visa, Mastercard, Discover). Beside each, work out the actual cost of something like a stereo if you pay cash or if you use a credit card with a 21% APR, paying small amounts each month for a year.
• Slide Into An Exciting Future--Begin Saving Now! This board can be decorated many ways, but the theme should focus around a playground slide with a person going down it landing into a pool or bucket or a pile of money. One variation is to put some conversions up to illustrate the importance of saving (how much money a savings account would have with a certain percentage rate, etc.). These conversions could be put on other playground equipment (merry-go-round, swings, see-saw, etc.).

Assessment:

* Are You In Balance? This bulletin board can be prepared using a cutout of giant scales. Label one side of the scales as Debits and the other as Credits. Then, using graphical representations on each side, represent different accounts and perhaps amounts as well ($400 Cash DR, $500 Rent Expense DR, etc.). You can represent Rent Expense, for example, with a little house cutout. One cute variation is to have the scales out of balance and a few cutouts scattered below the scales on the bulletin board. At the bottom of the board, put DEBITS MUST EQUAL CREDITS!

* Accounting - Scorekeeping for Business. On the board, put all types of sports related items, such as football with goalpost, baseball, tennis, golf etc. This is good for beginning of the year. (Submitted by: S. Moore)

* Flash Some Light on Those Accounting Errors. Create a giant journal page and a giant general ledger page with some errors on them (transposing dollar amounts, transactions out of balance, etc.) and have large flashlights with transparent yellow paper coming from them pointing to the errors. At the bottom of the board, put "Don't Get Caught in the Dark."



Consumer Economics



* Don't Get Caught in a Web. This bulletin board may be a little difficult to create because you will want to make a very large spiderweb that covers much of the area of the board. Put large spiders on the web with different consumer problems (high interest rates, large debts, etc.). Put a bottom caption to suit your unit theme-"Be a Smart Shopper" or "Shop Around" or "Practice Smart Consumer Skills."

* Cash or Credit? This bulletin board theme can be used for units on credit cards. Head the board with the words, "Cash or Credit?" and below it I put a picture of a dollar bill with legs and a face and next to it extra large credit cards (Visa, Mastercard, Discover). Beside each, work out the actual cost of something like a stereo if you pay cash or if you use a credit card with a 21% APR, paying small amounts each month for a year.

* Slide Into An Exciting Future--Begin Saving Now! This board can be decorated many ways, but the theme should focus around a playground slide with a person going down it landing into a pool or bucket or a pile of money. One variation is to put some conversions up to illustrate the importance of saving (how much money a savings account would have with a certain percentage rate, etc.). These conversions could be put on other playground equipment (merry-go-round, swings, see-saw, etc.).

Supporting Files:

• save.jpg
  Sample document
• Screen_shot_20100222_at_3.13.36_PM.png
  
• StandardsOverview.doc
  
• This_is_a_test_document.doc
  

Standards:

ACRL Standards (Higher Education IL Standards)

Determines the nature and extent of information needed

• Defines and articulates the need for information
• Identifies a variety of types and formats of potential sources for information
• Considers the costs and benefits of acquiring the needed information

AASL Standards for the 21st Century Learner

Learners use skills, resources, & tools to:

1. Inquire, think critically, and gain knowledge.

1.1 Skills

• 1.1.1 Follow an inquiry-based process in seeking knowledge in curricular subjects, and make the real-world connection for using this process in own life.
• 1.1.2 Use prior and background knowledge as context for new learning.

2. Draw conclusions, make informed decisions, apply knowledge to new situations, and create new knowledge.

2.1 Skills

• 2.1.1 Continue an inquiry-based research process by applying critical-thinking skills (analysis, synthesis, evaluation, organization) to information and knowledge in order to construct new understandings, draw conclusions, and create new knowledge.
• 2.1.2 Organize knowledge so that it is useful.
• 2.1.3 Use strategies to draw conclusions from information and apply knowledge to curricular areas, real-world situations, and further investigations.
• 2.1.4 Use technology and other information tools to analyze and organize information.
• 2.1.5 Collaborate with others to exchange ideas, develop new understandings, make decisions, and solve problems.
• 2.1.6 Use the writing process, media and visual literacy, and technology skills to create products that express new understandings.

2.2 Dispositions in Action

• 2.2.1 Demonstrate flexibility in the use of resources by adapting information strategies to each specific resource and by seeking additional resources when clear conclusions cannot be drawn.

2.4 Self-Assessment Strategies

• 2.4.2 Reflect on systematic process, and assess for completeness of investigation.
• 2.4.3 Recognize new knowledge and understanding.
• 2.4.4 Develop directions for future investigations.