DAILY LESSON PLAN MANAGING MONEY, GRADE 3

1. Date: May 5, 2017

2. Lesson plan type: daily
3. Teacher(s) Name: Ms. Wu
4. Grade: 3, Social Study: Managing Money
5. Timeline: 15 minutes
6. TEKS Objectives: 113.14. Social Studies, Grade 3, (6) Economics. The student
understands the purposes of earning, spending, saving, and donating money. The student is
expected to: (A) identify ways of earning, spending, saving, and donating money; (B) create
a simple budget that allocates money for spending, saving, and donating.
7. Lesson Objectives: students are able to 1) tell what are earning, spending, savings and
donating money, 2) give examples of earning, spending, savings and donating money, 3)
understand how a budget looks like, 4) Differentiate needs and wants
8. Materials: a piece of paper for each student, a projector and computer
9. Methodology: student centered
10. Introduction:
a. Ask the students what do they want to buy most and how much is it.
b. Students to fill in the table
Helpful Words (Adapted from Schoenbach, 1999)
Directions:
1. Read the list of words below.
2. One word at a time, rate how well you know the word by placing an X under the
letter that tells how well you know the word.
3. Write the meaning of the word if you know it.
4. At the end of the lesson, you will revisit the words to fill in the meanings of the
words you learned. Rate the Word
A. I know the meaning, and I use the word.
B. I know the meaning, but I dont use the word.
C. Ive seen the word, but I dont really know it.
D. Ive never seen the word before now.

Word A B C D Meaning
Earn
Saving
Spend
Donate

Budget

Spend: obtain money in return for labor or services

Saving: money you set aside

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Spend: pay out (money) in buying or hiring goods or services
Donate: give (money or goods) for a good cause, for example to a charity
Budget: a plan for saving and spending money

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11. Instructional Activities and Procedures:
1. Play the video https://jr.brainpop.com/socialstudies/economics/savingandspending/
2. Highlight the meaning of the vocabulary above
3. Ask the students to give examples of the words above
4. Ask the students to give examples of needs and wants
5. Demonstrate a simple budget
6. Ask the students to give examples of the words above and
7. Ask the students to give examples of needs and wants
12. Modifications/Differentiated Instruction:
If some students have known the words before, ask the students to make a simple budget
instead of me demonstrating it.
13. Evaluation: share with the class how they earn, spend, save and donate money in their life
14. Closure: review the vacabulary

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