8th Grade
  • Project
  • 1 week

Income Insights: Navigating Earnings and Choices

Jimena C

Purpose

Explore the various types of income to deepen your understanding of financial concepts and their impact on daily life. Through research and creative expression, you'll gain insights into how income influences financial decisions and future planning. This project encourages you to think critically about money management and prepares you for real-world financial challenges.

Learning goals

Explore the various types of income, including wages, salaries, and passive income, and understand their impact on financial decision-making. Develop skills to research and analyze income data, and present findings creatively. Reflect on how this knowledge can influence your future financial choices and set personal learning goals for continued growth.
Standards
  • Common Core - CCSS.ELA-LITERACY.CCRA.W.7: Conduct short as well as more sustained research projects based on focused questions, demonstrating understanding of the subject under investigation.
  • Common Core - CCSS.ELA-LITERACY.CCRA.SL.4: Present information, findings, and supporting evidence such that listeners can follow the line of reasoning and the organization, development, and style are appropriate to task, purpose, and audience.

Products

Create a visual chart comparing different types of income, such as wages, salaries, and passive income, to present your findings. Develop a creative presentation or skit for the 'Salary Showcase' that highlights how these various incomes impact financial choices. Write a reflective journal entry detailing how your understanding of income types has evolved and how this knowledge could influence your future financial decisions.

Launch

Begin with an interactive simulation where you take on different roles such as a part-time worker, a salaried employee, and an investor. Engage in activities that simulate earning and managing different types of income. Discuss initial thoughts and predictions about how these roles might impact financial choices. This will set the stage for exploring the essential question and motivate your research and presentations throughout the week.

Exhibition

Create a 'Salary Showcase' where you present your findings through creative presentations or skits. Highlight how different types of income, such as wages, salaries, and passive income, influence financial choices. Use visual aids like charts or infographics to support your presentation. Invite classmates and teachers to attend and provide feedback on your work.