This is the introductory year into the world of making financial decisions. The students spend the bulk of the year making individual decisions on whether to invest in an education with the potential to earn more. Will they own or will they rent? A series of compounding decisions over the span of 45 years allow them to see the impact of their choices.

In addition, we cover a number of essential financial concepts.   Below is a generalized list of concepts we study at the 6th grade level.

 

  • Awesome Island
  • Balancing a checkbook
  • Budgeting – Managing a surplus/deficit
  • Cash flow
  • Checking account (writing, endorsing, depositing)
  • Develop a spending plan
  • Getting your own apartment
  • Goal setting
  • Goods & Services
  • How to read an apartment lease
  • Living on your own
  • Making money
  • Net worth
  • Opportunity Costs
  • Read & Interpret paystubs
  • Re-work an existing budget
  • Role of the Federal Reserve Bank
  • Sources of income
  • Supply & Demand
  • Taxation and it’s essential function