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Standards-Aligned Financial Literacy Lesson Plans (Grades K–8): Money Word — Earn
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Standards-Aligned Financial Literacy Lesson Plan (Grades K–8): Money Word — EarnLesson Plans

Dictionary Term Focus: Earn

Core Concept Across All Grades

Earning money means receiving money by doing work, helping others, or providing value. When children learn that money is earned through effort, they build responsibility, confidence, and respect for how money is used.

K–2 Lesson Plan

Grade Band: K–2 (Ages 5–7)

Big Ideas

Earning money means doing work or helping others.
I can earn money by giving my time and effort.
Money does not just appear—it is earned.

Learning Objectives

Learners can:

  • Recognize and understand the word earn

  • Explain that earning means getting money by doing work or helping others

  • Identify simple examples of earning money

Standards Alignment

  • Council for Economic Education (CEE): Income

  • Jump$tart Coalition: Earning Income

  • National Financial Educators Council (NFEC): Responsibility and effort

  • CASEL: Self-Management, Responsible Decision-Making

Materials

  • Dictionary definition of Earn (kid-friendly version)

  • Picture cards showing work and helping tasks (chores, lemonade stand, pet care)

  • Play money or counters

Lesson Flow (15–20 minutes)

1. Word Introduction & Sound Familiarity (2 minutes)

Teacher says:
“Today’s word is earn.”

Have students:

  • Listen to the word

  • Say the word together: “Earn.”

  • Say it once more slowly: “Earn.”

Teacher uses the word in simple sentences:

  • “I earn money when I do work.”

  • “You can earn money by helping others.”

Explain:
“Today we are going to learn what the word earn means.”

2. Simple Definition & Meaning (3 minutes)

Teacher says and displays the definition:

“To earn means to get money by doing work or helping others.”

Have students repeat the sentence together once.

Teacher gives a concrete example:

  • “If I clean my room and get paid, I earn money.”

  • “That is earning.”

3. Warm-Up Conversation: Everyday Connections (3 minutes)

Ask:

  • “What are some jobs or chores kids can do?”

  • “Who has helped someone before?”

Reinforce:
“When you work or help, you can earn money.”

4. Bridge to Money Habits (3 minutes)

Teacher says:
“Earning money is a habit. It’s something we practice again and again.”

Ask:

  • “How does it feel to earn your own money?”

  • “What could you do with money you earn?”

Offer examples if needed:

  • “Save it”

  • “Spend some”

  • “Share or give”

Reinforce:
“Money you earn feels special because you worked for it.”

5. Read & Discuss the Definition (4 minutes)

Read the kid-friendly dictionary definition of earn again.

Ask:

  • “Do we earn money by waiting?”

  • “Do we earn money by helping or working?”

Key idea to reinforce:
“Earning means effort.”

6. Guided Practice (3 minutes)

Show picture cards and ask:

  • “Is this earning or not earning?”

  • “What work is being done here?”

Students respond using the sentence frame:
“You earn money by ____.”

7. Practice Activity: Act It Out (3–4 minutes)

Students act out:

  • Doing a chore

  • Helping someone

  • Receiving earned money

Teacher reinforces:
“Earning money is something to feel proud of.”

Assessment (Informal)

Students can:

  • Explain what earning means

  • Identify an example of earning money

Take-Home Connection

“Talk with someone at home about one way you could earn money by helping others.”

Grades 3–5 Lesson Plan

Grade Band: 3–5 (Ages 8–10)

Big Idea

Earning money means providing effort, work, or value, and it helps me understand the value of money.

Learning Objectives

Students can:

  • Explain the meaning of the word earn

  • Identify different ways people earn money

  • Describe why earning money is important

Standards Alignment

  • CEE: Income

  • Jump$tart Coalition: Earning Income

  • NFEC: Financial responsibility

  • CASEL: Self-Control, Reflection

Materials

  • Dictionary definition of Earn (kid and grown-up versions)

  • Scenario cards (chores, small jobs, helping tasks)

  • Chart paper or board

Lesson Flow (20–25 minutes)

1. Word Reintroduction & Meaning Check (4 minutes)

Teacher says:
“Today’s word is earn.”

Ask:

  • “How would you explain what it means to earn money?”

Read the kid-friendly definition.
Invite students to restate it in their own words.

Reinforce:
“You earn money by doing something useful or helpful.”

2. Warm-Up Question (4 minutes)

Ask:

  • “What are some ways kids and adults earn money?”

List responses.

3. Read & Analyze the Definition (5 minutes)

Read the grown-up definition.

Ask:

  • “Why do people earn money instead of just getting it?”

  • “How does earning money change how we use it?”

Write on the board:
Earn → Value → Choice

4. Scenario Activity (8–10 minutes)

Present scenarios and ask:

  • “Is money earned here?”

  • “What work or value is being provided?”

Reinforce:
“Earning connects effort to money.”

5. Reflection (4–5 minutes)

Students complete:

  • “I can earn money by…”

  • “Earning money helps me learn…”

Assessment (Informal)

Students can:

  • Define earning accurately

  • Identify earning vs. not earning

  • Explain why earning money matters

Take-Home Extension

“Notice one time this week when someone earns money by helping or working.”

Grades 6–8 Lesson Plan

Grade Band: 6–8 (Ages 11–13)

Big Idea

Earning money builds independence, responsibility, and respect for the value of work.

Learning Objectives

Students can:

  • Clearly define the word earn

  • Analyze how earning money connects effort to income

  • Explain how earning supports saving, spending, and long-term goals

Standards Alignment

  • CEE: Income; Decision Making

  • Jump$tart Coalition: Earning Income

  • NFEC: Informed financial behavior

  • CASEL: Self-Management, Goal Setting

Materials

  • Dictionary definition of Earn

  • Scenario analysis worksheet

  • Optional goal-reflection worksheet

Lesson Flow (30 minutes)

1. Word Reintroduction & Precision Check (5 minutes)

Teacher says:
“Today’s focus word is earn.”

Ask:

  • “How would you define earning money?”

  • “Why does earning matter?”

Read and refine definitions.

2. Opening Question (5 minutes)

Ask:

  • “How does earning your own money change the way you think about it?”

Discuss habits and mindset.

3. Definition Discussion & Framing (5 minutes)

Ask:

  • “What skills can earning money help build?”

  • “How does earning affect independence?”

Connect to:

  • Responsibility

  • Confidence

  • Value creation

4. Scenario Comparison (10 minutes)

Compare:

  • Earned money

  • Given money

Ask:

  • “How might each affect decisions?”

  • “Which encourages responsibility?”

5. Personal Application (5 minutes)

Students write:

  • One way they could earn money now or in the future

  • One skill earning could help them build

  • One goal earning money could support

Assessment

Students can:

  • Define earning clearly

  • Explain how earning connects effort to income

  • Describe why earning supports long-term success

Real-World Extension

Connect to:

  • Jobs and entrepreneurship

  • Allowances vs. earned money

  • Fair pay and effort

Teacher Notes

  • Emphasize effort and value, not just payment

  • Reinforce earning as a habit

  • Avoid shaming or comparison

  • Pair with dictionary lessons for Money, Save, Spend, and Choice

Bottom Line

The word Earn helps children understand that money comes from effort, work, and helping others. When kids learn to earn money, they build confidence, responsibility, and respect for the value of money they choose to save, spend, or share.

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