FIRE: Financial Independence Retire Early: A Personal Financial Literacy and Math Lesson
About This Product
A Financial Literacy Lesson: FIRE is a great resource to teach students about financial literacy and how they can save for retirement. The online personal finance community is a growing movement of people who want to reach financial freedom well before the age of 65. Teach your students (and yourself!) how this is possible!
FIRE stands for Financial Independence Retire Early.
The PowerPoint is fully editable and it explains step by step how to achieve financial independence and retire early. After learning the basic vocabulary and ideas (for example, the 25 times rule: save 25 times your yearly expenses to be able to live off of the investment interest indefinitely) the lesson goes step by step through a case study, shows students how to use an online investment calculator, and discusses the pros and cons of the movement.
Six practice problems of increasing difficulty and an answer key are included.
How to Use:
Go through the first slides together as a class. You can ask your students to take notes in their math notebooks if you want. Then, once students understand the concepts, let them work through the six practice problems alone or in pairs. You can review the answers as a class with the handy answer key!
Here are some insta accounts to follow for more personal finance info:
@personalfinanceclub
@thefinancetwins
@gayhusbandsonfire
Get your students excited about financial literacy by teaching them about FIRE!
If you enjoy this financial literacy product, please check out some of my other options in my store:
Financial Trade-Offs: Realistic Discussion Prompts
Compound Interest: Hook Students on Financial Literacy
Net Worth: Assets - Liabilities = Equity
What's Included
A total of 15 pages in PowerPoint so you can edit as you need to:
Vocabulary and Background
Case Study
Six Practice Problems
Answer Key