Curated OER
Money Management Part III: Savings Accounts and Cash vs. Credit
Help your class understand the importance of saving and managing their money. Here is part three to a unit on credit, cash, and savings. Learners discuss savings accounts and the idea that a budget plan can help them avoid costly credit...
Federal Reserve Bank
A Penny Saved
Budgeting, net vs. gross pay, savings, and fees are all key elements of personal financing and essential for your class members to learn about as young adults.
Curated OER
Financial Institution Comparison
Once learners are ready to choose a bank, how do they make a smart decision for their financial needs? Scholars help each other by jigsawing the research in groups. After introducing checking and savings accounts with the attached...
Visa
Make It Happen: Saving for a Rainy Day
Every little penny counts, especially when it comes to saving for emergencies or long-term goals. Pupils evaluate different saving and investment strategies, such as a CD or money market account, through worksheets and by researching...
PricewaterhouseCoopers
Saving and Investing: Building Wealth for Financially-Secure Futures
While spending is fun, saving for a retirement is the future. Young adults learn about the importance of saving and different opportunities to do so during their adulthood.
Council for Economic Education
A Penny Saved
A penny saved is a penny earned! Scholars research the different ways to save money over a lifetime. They investigate the Rule of 72, compound interest, and sub-prime loans to gain an understanding of how banks aid in the saving process....
Federal Reserve Bank
Cash the Check and Track the Dough
From checking and savings accounts to learning the importance of maintaining records and balancing a bank account, prepare your students to become financially independent and savvy adults, and explore all the intricacies of owning a bank...
Visa
Saving and Investing
Impress upon your young adults the importance of saving and investing, and give them a foundational vocabulary from which they can continue to build their financial literacy. This lesson plan covers short- and long-term budget goals,...
Practical Money Skills
Saving and Investing
Learn the difference between saving money and investing money, as well as the advantages and disadvantages of each. Kids review banking and personal finance terms before studying the different ways that people can reach their financial...
Curated OER
Investing Money
Sixth graders participate in an simulated investment activity. They examine the purpose of different types of investments before they predict which will be the most successful. Finally, they simulate investing $1,000 in stocks, $1,000 in...
Federal Reserve Bank
Something Special For Me
People often save money, but what are the benefits and drawbacks of that action? Youngsters learn about saving, savings, and opportunity cost through the lens of a short book, called Something Special for Me.
Visa
Nothing But Net: Understanding Your Take Home Pay
Introduce your young adults to the important understanding that the money they receive from their paychecks is a net amount as a result of deductions from taxes. Other topics covered include federal, state, Medicare and social security...
Curated OER
Lesson 2: Savings Accounts and U.S. Savings Bonds
High schoolers explore the importance of savings accounts and U.S. Savings Bonds. They study the concept of simple interest through a math activity.
Federal Reserve Bank
Less Than Zero
Perry the penguin wants to buy a new scooter, but he doesn't have any funds! Walk your kids through the short book Less Than Zero, and have them track his borrowing, spending, and saving on a line graph while you read. Pupils will learn...
Curated OER
Family Faces a Real Struggle In Saving Money For College
Explore the concept of savings with your high schoolers. They read an article about saving money for retirement and as a way to pay for college. They discuss the financial needs of the family in the article in regards to saving for...
Visa
Bank or Bust: Selecting a Banking Partner
Why shouldn't we just save all our money in our mattress? Couldn't our money disappear? Pupils discover the benefits of utilizing banks and credit unions for saving money, as well as how to evaluate different types of institutions by...
Council for Economic Education
You Can Bank On This! (Part 3)
Young scholars use a chart to show how gaining interest is a beneficial part of having a savings account. In this banking lesson plan, learners also learn about the workings of an ATM and a checking account.
Curated OER
Take It To the Bank
Examine how the economics of a school store relate to real world economics. Elementary students explore various websites, complete a Venn diagram, create a schedule of wages for the students, read the book "A Chair For My Mother" and...
Federal Reserve Bank
Savvy Savers
What are the benefits and risks of saving in an interest-bearing account? Pupils explore concepts like risk-reward relationship and the rule of 72, as well as practice calculating compound interest, developing important personal finance...
Curated OER
Bright Ideas for Bringing up Smart Savers
High schoolers explore the concept of saving money. In this saving money instructional activity, students read an article about saving money. High schoolers discuss ways to save money and what makes it difficult to save money. Students...
Curated OER
Personal Savings: Saving Money for Those Items you Really Want
Students explore how to save money to buy the things they want.
College Board
2004 AP® Macroeconomics Free-Response Questions
The Federal Reserve guides banking policy for the country. Learners consider the effects of its force using authentic materials from College Board. Other practice problems examine the connection of national savings rates and interest...
Curated OER
Sunburns and Sore Muscles: Working to Save the Farm During the Great Depression
Fifth through eighth graders engage in a lesson in which they study working class people during the Great Depression. They work to develop an understanding of the economic developments in Arkansas during the 1930's. Learners access...
Curated OER
Savings and Stocks
Work together to brainstorm answers to different questions related to the savings of American people. Draw a bar graph representing stocks. Practice using new economic terms as well.