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ESL Financial English Vocabulary Lesson Plan

Instructor: Suzanne Rose

Suzanne has taught all levels PK-graduate school and has a PhD in Instructional Systems Design. She currently teachers literacy courses to preservice and inservice teachers.

This lesson plan involves English Language Learners in activities related to personal finance vocabulary. Students will learn financial terms, use the terms in sentences, use technology to locate related images, and provide other students with feedback about their use of these terms.

Learning Objectives

As a result of this lesson, students will be able to:

  • identify vocabulary related to personal finances
  • use financial vocabulary correctly in sentences
  • select images to portray meanings of financial vocabulary
  • assess and provide oral feedback to peers' use of financial vocabulary

Length

1.5 - 2 hours

Curriculum Standards

ELP 9-12.1 An ELL can construct meaning from oral presentations and literary and informational text through grade-appropriate listening, reading, and viewing.

ELP 9-12.2 An ELL can participate in grade-appropriate oral and written exchanges of information, ideas, and analyses, responding to peer, audience or reader comments and questions.

ELP 9-12.8 An ELL can determine the meaning of words and phrases in oral presentations and literary and informational text.

Materials Needed

  • Vocabulary word cards with images on the back (1 copy for lesson)
  • Vocabulary word list (1 copy per student)
  • Computer with presentation software, such as PowerPoint
  • Internet access

Vocabulary

  • Account statement
  • Advance
  • Automated teller machine (ATM)
  • Balance
  • Bank
  • Bankrupt/bankruptcy
  • Bank teller
  • Bank transfer
  • Bills (as in dollars)
  • Borrow
  • Bounce a check
  • Broke
  • Budget
  • Cash
  • Cash a check
  • Certificate of Deposit (CD)
  • Check (cheque)
  • Checking account
  • Christmas Club
  • Coins
  • Credit card
  • Credit limit
  • Credit Union
  • Currency
  • Debt
  • Default
  • Deposit
  • Direct deposit
  • Dispute the charges
  • Dollars
  • Donation
  • Endorse
  • Exchange rate
  • Expenses
  • Fees
  • Five
  • Hundred (c-note)
  • Income
  • Installments
  • Loan
  • Million
  • Money
  • Nest egg
  • Ones
  • Overdraw/Overdrawn
  • Paycheck
  • Safe deposit box
  • Saving/savings
  • Stop payment on a check
  • Swiping (a credit card)
  • Ten
  • Tip
  • Thousand (grand, K)
  • Wire (to wire money)
  • Write a check

Instructions

  • Display the vocabulary list for the lesson on cards in a pocket chart. Include an image related to the word on the back of the card, and use this to support your explanations later in the lesson.
  • To begin the lesson, ask the students if there are any words that they recognize. Have the students who recognize a word read it and explain what it means to the rest of the students.
  • Teach the words that were not identified by the students. Use the images on the back of the cards to help you.
  • Remove all of the words from the pocket chart and mix them up. Hold up a card, showing either the word or the picture, and have the students identify the word. As each word is identified, ask a student to use the word in a sentence.

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