K.9
Knowledge and Skills Statement (Standard Cluster)
The student applies mathematical process standards to manage one's financial resources effectively for lifetime financial security
Texas Essential Knowledge and Skills for Mathematics
Cluster contents
Student Expectations in This Statement
K.9 is a knowledge and skills statement. These are the student expectations under it.
Teacher's field guide
What This Cluster Means
What Students Need to Do
- Students identify ways people earn money and tell earned income from gift money. They name simple job skills and explain the difference between wants and needs.
What Mastery Looks Like
- Students can explain that people earn income by doing jobs, while gifts are given without work. They can name a job skill and sort common items as wants or needs.
Common Misconceptions
- Students may think all money is earned, including birthday money. They may call every desired item a need or believe jobs require no specific skills.
How to Assess It
- Give students four picture cards showing a worker earning pay, birthday cash, food, and a toy. Ask them to label income or gift, then need or want.
Lesson moves
Ways to Teach It
Set up a classroom store where students earn play money for a job, receive a gift, then choose between need and want cards.
Ask, "How is money from walking a dog different from birthday money, and what could each buy?"
Play Job Skill Match by pairing job cards with picture cards such as cooking, counting, building, listening, or caring.
Study a grocery flyer, circle needs such as food, mark wants such as candy, and discuss how families use income to buy them.
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Related Standards
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