Earning Income
T.I.P.S.
The student must be able define income as the money earned for doing work. Students must also be able to apply mathematical ideas and processes to problems arising in everyday life, society, and the workplace.
Example
Read the following scenarios.
a) Who is earning income? Circle the pictures that show people earning income.
b) Penny earned $7 for helping her mother clean the kitchen and $5 for feeding her neighbor’s pet while they were away. How much money did Penny earn?
Hint
Possible Solutions
Digital Tools
Click on the following links for interactive games.Resources
Click on the following links for more information.
Money Instructor
Money as You Grow
Federal Reserve System’s Resources for Educators
In the Classroom Materials
Teacher Online Resource Center
Money Smart Train-the-Trainer Videos Understanding Taxes for Teachers
TEKS
1.9 Personal financial literacy. The student applies mathematical process standards to manage one's financial resources effectively for lifetime financial security. The student is expected to: (A) define money earned as income.Feedback
