FEE

These inquiries were contributed by the Michigan Council on Economic Education and were developed for FEE, the Foundation for Economic Education. These lessons guide students through research, activities, and worksheets to answer a relevant personal finance question. Each lesson can take up to a week. Use these lessons in your Economics course to teach multiple personal finance standards in one lesson or use them as standalone projects in a personal finance course.

Visit FEE’s resources

PDF Download

High School

Economics

Compelling Question: Will I Ever Be Able to Purchase a Home?

Supporting Questions:

How much money do I need to make to be able to afford a home?
Does where I choose to live impact my ability to afford a home?
How do home mortgage interest rates and borrowing terms affect my ability to purchase a home?

High School

Economics

PDF Download

Compelling Question: How Will Taxes Affect My Life?

Supporting Questions:

What are the different types of taxes that individuals are required to pay, and how do they impact personal finances?
How does the tax system work, and what are the key components of filing taxes?
What strategies can individuals use to manage their tax liability and maximize tax benefits?

PDF Download

High School

Economics

Compelling Question: Should I buy or lease a vehicle?

Supporting Questions:

Should I purchase a new or used vehicle?
What are the direct financial implications of buying versus leasing a vehicle?
What are indirect costs that should be considered when leasing a vehicle?

Compelling Question: What are ethical considerations in personal finance management?

Supporting Questions:

How do ethical principles influence where and how I spend my money?
What are the ethical considerations in personal investing?
What are the ethical implications of debt and lending practices?

PDF Download

High School

Economics

Compelling Question: Will I have to work until I’m 70 years old?

Supporting Questions:

What factors influence the age at which people retire? (BUDGETING)
How do different career paths and educational choices impact retirement age and financial security? (CAREER)
What strategies can individuals use to ensure they have enough savings for retirement? (INVESTING)

Compelling Question: Should I buy or rent a home?

Supporting Questions:

How do lifestyle and personal goals influence the decision to own or rent a home?
What are the financial advantages and disadvantages of owning versus renting a home?
What are the potential risks and benefits of investing in real estate as a homeowner?

Compelling Question: Does my credit score even matter?

Supporting Questions:

What factors contribute to the calculation of a credit score?
In what ways can a credit score impact future opportunities and financial freedom?
What strategies can individuals use to build and maintain a good credit score?

Compelling Question: How will student loans impact my life?

Supporting Questions:

What are the different types of student loans and how do their terms and conditions vary?
How does student loan debt influence financial stability, career decisions, and long-term wealth, considering the opportunity costs of reduced investment capacity?
What strtegies can be used to manage and repay student loans effectively?

HOME

MAIN INQUIRY PAGE