Students learn that there are many competing claims on their money and that these hurt their ability to save. They learn that any use of their money involves an opportunity cost and that planning is a key step in prioritizing saving. Students calculate simple and compound interest and use the Rule of 72 to determine how long it will take to double a given amount of money.
STUDENTS WILL:
Recognize the importance of paying yourself first.
Identify the opportunity costs of savings.
Compare simple and compound interest and their impact on savings, including the Rule of 72.
The Session Teacher Guide will be provided as a PDF and as a Microsoft Word document.
The Session Student Activity will be provided as a fillable PDF and as a Microsoft Word document.
The Session Exit Ticket will be provided as a PDF and as a Google Doc.
The Session Journal Page will be provided as a PDF and as a Google Doc.
An interactive onscreen presentation for each session will be view-able from the page or can be shared via direct link.