Personal Finance, Language Arts, and Mathematics: Kindergarten Curriculum Unit

The Federal Reserve Banks of St. Louis and Dallas are pleased to partner with the Texas Council on Economic Education to produce five lessons for the kindergarten classroom.

The lessons in this unit employ active-learning strategies that engage young children. Each lesson is based on a story about two cousins—one who lives on a farm and one who lives in a city. Students listen to the stories and recall information from the stories to develop an understanding of concepts while applying language arts and mathematics skills.

Curriculum Unit (pdf)

  • Lesson 1: Students learn about earning income. Students match animals and goods grown on a farm with products sold to generate income. They work in pairs to sort workers into school and community workers and use a number line to determine how much income is earned.

  • Lesson 2: Students revisit the concept of earning income and learn about gift money as a source of income. They use manipulatives to count, categorize income as earned income or gift money, and identify more or less income in various scenarios.

  • Lesson 3: Students learn about the skills people need to do work, and they use a bar chart to compare the number of skills the students have.

  • Lesson 4: Students identify choices people have and the advantages and disadvantages of these options. They use a decision tree to make a decision among choices by evaluating the number of advantages and disadvantages of each option.

  • Lesson 5: Students learn that trade is the exchange of goods for money or goods.

The lessons include essential questions, formative and summative assessments (with answers), and instructional support (procedure steps, handouts, and visuals).

The lessons are aligned with the Texas Essential Knowledge and Skills standards, the Voluntary National Standards in Economics and the National Standards for Financial Literacy, and the Common Core State Standards.


This lesson received the 2019 Curriculum Gold Award of Excellence from the National Association of Economic Educators.
Read more about our award-winning resources »


If you have difficulty accessing this content due to a disability, please contact us at 314-444-4662 or

Find More Economics and Personal Finance Resources

Education Level: Pre-K-5
Subjects: Personal Finance Literature
Concepts: Decision-Making Income Saving Spending Trade/International Trade
Resource Types: Lesson
Languages: English
Back to Top