Buying a Home: Financial Literacy Lesson- Mortgages and More for Grades 4-6 or Special Education

Buying a Home: Financial Literacy Lesson- Mortgages and More for Grades 4-6 or Special Education

Engage your elementary students in an exciting journey of learning about being homeowners with this interactive financial literacy lesson. This versatile resource is developed for students from grades 4 to 6 or high school special education pupils acquiring life skills.

Students learn real-world home buying terminology such as down payment, mortgage, interest, principal, property taxes, and insurance. Learning complicated financial jargon makes navigating adult responsibilities less daunting in future years.

What's Included:

A comprehensive six-page PDF document includes:

• Title Page and Teacher Instructions

• A handout explaining home buying vocabulary and sample calculations for beginners.

• A series of practice problems for students to apply their learning and use intermediate math skills (addition & subtraction of numbers up to the hundred thousands, multiplying and dividing by 12 to work with monthly and yearly expenses, and calculating 1% of a number using decimals or division).

• An accompanying cut-and-paste vocabulary matching activity to reinforce learning.

• A complete answer key to make marking a breeze.

How to Use:

Go over the first page handout as a class or with small groups of students. Then, let students work together in pairs or small groups to complete the math questions during class time so questions can be addressed. Finally, I would assign the vocabulary matching as a quick homework task to reinforce the day's learning.

Grades to Use With:

This lesson is designed to be accessible to upper elementary students with the basic math skills of addition, subtraction, multiplication, and division with large numbers and an initial understanding of percentages. It could also be easily used in high school special education classes that are focusing on learning key life skills.

If you enjoy this financial literacy math task, check out others in my store:

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