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Grade 6-8, 9-12

Calculator

Home Rent vs Buy Calculator

Updated: March 29 2023,

Author: Council for Economic Education

Teacher Version

Standards Summary

Standards

State Standards

Concepts

Budgeting

Are you better off buying your home, or should you continue to rent?

Subjects:

Grades 6-8, 9-12

PBS-NOVA Financial Lab

Managing money is hard! Even when you know what you should do, it can be hard to actually do it....

Key Concepts: Budgeting, Opportunity Cost, Saving

45 min

Activity

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Grades K-2, 3-5

Princess Persephone Loses the Castle (Money Tales)

In this economics and personal finance book, an inexperienced royal learns a valuable lesson about reading the fine print.

Key Concepts: Budgeting, Entrepreneurship

45 mins

Lesson

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Grades 6-8

Using Percentage Allocation to Create a Basic Spending and Savings Plan

In this personal finance lesson, students will learn to create a spending and savings plan using order of operations.

Key Concepts: Budgeting, Income, Money

60 mins

Lesson

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Grades 6-8, 9-12

Set a Savings Goal

In this personal finance activity, students will identify the steps needed to meet a savings goal.

Key Concepts: Budgeting, Saving

20 min