Goals
Students will learn that income is the starting point for personal money management. Students will understand that income:
👉  Comes from jobs or careers
‍
👉  Pays for housing, food, transportation, and other goods and services
👉   Varies in amount and the way in which it’s paid for different types of income from work, including wages, salaries, commissions, and tips
Key Questions
👉  What is the starting point of personal money management?
👉  Do all jobs pay income in the same way?
👉   What is the difference between a job and a career?
Key Concepts
👉  Income
👉  Careers
👉  Wage
👉  Commission
👉  Tips
Questions about the video "Jobs &Â Careers"
Students will watch the video “Jobs & Careers” and discuss the following concepts covered:
Questions about the video "Payday"
Students will watch the video “Payday” and discuss the following concepts covered:
Activity 1: Exploring Income
Students will work in small groups to research more about jobs that are paid as hourly wages, annual salaries, commissions, and tips.
Activity 2: Income Vocabulary Game
Students will complete a vocabulary worksheet to reinforce key terms related to income and different ways that jobs and careers are paid.
Activity 3: Jobs vs Careers
Students will discuss the difference between jobs and careers, then create a fictional career path to demonstrate how a career can include different jobs and positions over the course of working life, depending on individual professional goals.
Class Schedule
đź•ź Â 10 min: Video Introduction
🕟  25 min: Activity 1: Exploring Income
đź•ź Â Â 10 min: Activity 2: Income Vocabulary Game
đź•ź Â Â 25 min: Activity 3: Jobs vs Careers
Supporting Material