Oh Brother!
GRADE 1 LESSON 2
Time Required: 20 – 30 minutes
Content Standards: (7.3.1 Standard 7) Students will acquire the
attitudes, knowledge and interpersonal skills to help them
understand and respect self and others.
Indicators:
l. Students will identify and recognize changing family
roles.
m. Students will recognize the rights and responsibilities
of all persons.
GOAL: Students will explain how families and
individuals earn, spend and save.
Activity Statements: Students will discuss and learn about spending, saving, and donating money
and the various roles and responsibilities of family members in regards to money management by
reading a book about money management.
Materials:
1. The book “Save, Spend, or Donate? A Book About Managing Money” by Nancy Loewen (check
school/community library)
2. Handout #1 “Something I Can Save For”
3. Crayons
Procedures:SAY: Today we are going to discuss things we can do with our money. Some people
spend all of their money and don’t save any, some people save most of their money and don’t spend
money except on things they need. Also, a lot of people choose to help others and donate some of
their money to organizations that help people in need. After reading the story, we will discuss
different situations and what could happen if you do not save money, if you spend money, and why
people want to help others.
Author: Diana J. Sayre (Kanawha County Schools)
Oh Brother!
GRADE 1 LESSON 2
Discussion:
1. Review the different ways the children in the story spent/saved their money and how they felt
about their choices.
2. What did the parents in the story tell their children about how they (the parents) spend their
money?
3. What happened in the story that made the children want to donate some of their money? Why do
you think they wanted to do that? Who would you want to help in your community? Why?
4. What would happen in your family if someone lost their job, or became ill? How would that
change things? How hard would it be to get things you needed and wanted?
5. How would your responsibilities change if someone did lose their job? What could you do
differently to help your family?
6. What are some ways you can earn and save your money? At this time, have the students draw a
picture of something they would like to have that they can save for. If time allows, go to each child
and ask how they can save for this item, how can they earn money to buy it, etc.
Additional Resources:
1. http://life.familyeducation.com/money-and-kids/personal-finance/34481.html Family
Education
2. http://www.moneyinstructor.com/kids.asp Money Instructor
3. http://ezinearticles.com/?5-Strategies-to-Teach-Your-Children-About-SavingMoney&id=457701 Ezine Articles
Extension Activities:
Have students discuss with their parents how they earn, spend, save and/or donate their money. In
addition, have students show parents their picture and ask their parents ways they can earn money
(chores, birthday money, etc) and help them save for the item they want.
Author: Diana J. Sayre (Kanawha County Schools)