Community Participation
Lesson Plan - Developing
Financial Decisions

Instructional Area:

check box graphic Leisure

check box graphic Community

check box graphic Home Living / Daily Living

Ability Level:

check box graphic Emerging

check box graphic Developing

check box graphic Mastery

Topic / Skill Outcome:

  • Learn to make financial decisions

Learning Area(s):

  • Literacy
  • Communication
  • Math & Science

Purpose of Lesson / Objective:

  • Become aware of relationships between sizes of items and costs
  • Compare and contrast generic and brand names and their prices
  • Become aware of sale items and their item location/placement within a store

Materials / Equipment / Environment:

  • Weekend ads from discount stores such as Target, Wal-Mart or K-Mart
  • Classroom pricing booklet with prices of general shopping items by size and brand
  • Classroom activities as well as a community trip to a discount store such as Target, Wal-Mart, or K Mart and transportation to that store
  • Calculator
  • Writing pad
  • Pens or pencils

Group Size: 4-5

Time Required: 50 minutes- 3 opportunities
(more sessions needed if you do supporting activities)

Lesson Procedure:

  1. Week 1
    • Students write a list of 5-6 favorite personal items
    • They write down the sizes these products come in
    • They use the classroom-pricing booklet to determine the prices for different sizes of their items
  2. Week 2
    • Students compare and contrast prices for generic and brand name items for the same size and product
  3. Week 3
    • Students go on a community trip and write down the prices for the items on their list
    • They visit sale displays in the store
    • They note which items are sale items

Carry Over / Related Activities:

  • Students can review ads and determine what sizes of goods area a better price
  • They can also decide whether generic/store brand or the name brand is a better buy

Supporting Activities / Possible Adaptations:

  • Play a classroom game for picking the best buy
  • Point to the size of product that costs the least from a selection of two items, one generic and one a name brand
  • Identify sale items by tags and locations in stores. Point to a selection of up to three items to identify the sale item

Strategies for Participation:

  • Encourage students to come up with as many brand names as and generics for the same product as possible
  • Make a game of picking the size of product that is the best buy

Student Reaction / Evaluation:

  • Students feel good about learning and using cost saving strategies when spending his or her money

Lesson Support:

  • The lesson can be introduced as practice for determining what is a best buy
  • Examples of ways to save money and what the saved money can be used for can be covered as an incentive to learn the skill sin this lesson
  • Students can be encouraged to show different ways to use cost saving techniques to save money
  • This lesson aligns with the General Shopping part of the Community Participation Integrated Learning Continuum and Skills Inventory