My Money
My Money is an educational workbook for students in elementary school. Topics include money, coin equivalents, jobs, goods, services and barter.
Related Resources
To reinforce the concepts found in the workbook, check out these other Federal Reserve resources:
Alexander, Who Used to Be Rich Last Sunday is a lesson, from the Federal Reserve Bank of St. Louis where students hear the story of Alexander, Who Used to Be Rich Last Sunday. Alexander receives a dollar from his grandparents that he plans to save, but he spends it all, a little at a time. Students are asked whether 100 pennies is the same amount of money as one dollar and then count by twos to fill a and then empty a container of 100 pennies.
Bunny Money, is a lesson where students listen to the story of Ruby and Max, two bunnies that go shopping and make many spending decision. The Federal Reserve Bank of Kansas City developed this lesson so students can learn about savings goals.
Piggy Bank Primer: Savings and Budgeting, is a lesson with accompanying student work book that uses a story, activities, and puzzles to introduce students to basic economic concepts such as saving, spending, budgeting, wants, goods, services and opportunity cost. Created by the Federal Reserve Bank of St. Louis.
Standards Correlations
The content of My Money, in conjunction with other instruction, can be used to address the following standards:
Voluntary National Content Standards in Economics
- Content Standard 1: Scarcity
- Content Standard 2: Decision Making
- Content Standard 10: Institutions
- Content Standard 11: Money and Inflation
National Standards for Financial Literacy
- Standard I: Earning Income
- Standard II: Buying Goods and Services