How do you teach middle schoolers INTEREST? I've looked all over online and found nothing age appropriate,

Question

INTEREST as in loans....

Answer 1

you can try ingdirect. They have a kids website with teacher resources for finances. Hope this helps!

Answer 2

I've actually discussed this with a couple of teachers. Since middle school students don't have jobs, and more than likely their parents buy them everything, it's very difficult to get them involved in a realistic scenario. I'm willing to wager this is the difficulty that you're having. My suggestion is games like Monopoly, or have them do a project on the stock market where they pretend to invest a set amount of money into stocks, and they track it. Both ideas are a pretty round about way to teach interest, but it's the only idea that I've been able to come up with.

Answer 3

I got mine hooked when we went virtual car shopping. They had to pick out the car they wanted to buy, complete with price. Then we used a loan rate from one of the local banks. We figured both compound and simple interest. We also looked at saving money and difference between compound and simple interest. These kids were ready to overthrow the banking system by the end of the week!! They really started freaking out when I threw in credit cards with 17% interest!

Good luck and have fun!

Answer 4

Sonali has it dazzling. 11 year previous ladies, or 13 or 14 year previous ladies for that count do no longer purely awaken at some point and be certain to have intercourse. usually they are molested by way of older adult males, no longer their middle college friends. we are in a state of denial that this would not ensue that my uncle, brother, father won't be in a position to be doing this. the little ones have nowhere to teach. in the event that they tell, they are breaking apart the kin or putting some "promising" youthful guy in penal complex. remember the flak on the media with regard to the extra youthful guy who video taped a fifteen year previous woman having intercourse with him and various friends of his and how an prolonged penal complex sentence became into unjust? nicely, this guy in all probability had intercourse with better than one underage woman and in simple terms have been given caught with this one. And taped it no much less. no person became into speaking with regard to the wear executed to the lady. whether she did this willingly shouldn't enter the controversy. She became into used, disrespected even willingly this shouldn't ensue to one so youthful. comparable is going for the lads. they are molested and persons think of that they "have been given fortunate." So the risky stereotypes ensue in those circumstances besides. that's yet another manifestation of the societal insanity.

Answer 5

Have them pretend to open a savings account. You might even get someone from the bank to come in and talk to them about interest.

Answer 6

Start with 5% interest one time over a one year time period. Then show them what happens if it compounds once a month over a one year time period.


Use one dollar as the example.

Answer 7

Teach them about credit cards and savings accounts.

Teach them about house and car loans.

Answer 8

Sincere praise for those who do well, such as volunteering answers in class. Success breeds success.