Saving Lessons

/Saving Lessons
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Saving Lessons

This is a BRAND NEW, improved unit on savings, released 1/19/17. If you want our old version instead, click here.

**Want only activities on saving? View them here.

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Students will be able to:

  • Explain how saving is linked to overall wealth
  • Describe how saving and investing are different
  • Understand fundamentals of saving such as reasons for saving, how much to save, and strategies to enable saving
  • Acknowledge the role of delayed gratification in saving
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Students will be able to

  • Identify everyday obstacles Americans experience when trying to save money
  • Understand why it is important to maintain an emergency fund
  • Describe their own savings goals as well as big picture reasons to save, such as for college or retirement
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Students will be able to

  • Identify various rules of thumb and strategies to save money
  • Determine whether a direct deposit or manually saving is the best strategy for them
  • Understand how compound interest works to increase savings
  • Explain how to use the Rule of 72
  • Recommend different mobile apps that can help them manage and increase their savings
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Students will be able to

  • Compare different savings vehicles such as a savings account, CD, and money market account
  • Identify important criteria to consider when selecting a savings account
  • Make a systematic and informed decision by gathering, evaluating, and comparing information
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