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Session Three: Saving for Life
Session Three: Saving for Life
Students analyze the role saving plays in their personal finances and how having a healthy savings plan is necessary in all phases of life.
Students analyze the role saving plays in their personal finances and how having a healthy savings plan is necessary in all phases of life.
JA_HighSchool_Planning_for_Financial_Success.pdfStep 1: Watch the above video.
Step 1: Watch the above video.
Step 2: Review Session 3 Key Words and Objectives below.
Step 2: Review Session 3 Key Words and Objectives below.
Step 3: Download the Planning for Financial Success worksheet and click the blue button below to complete the simulation.
Step 3: Download the Planning for Financial Success worksheet and click the blue button below to complete the simulation.
Session 3 Key Terms
Session 3 Key Terms
Interest: Income earned from allowing someone else to use your money.
Interest: Income earned from allowing someone else to use your money.
Investing: Putting money into a venture that offers the possibility of earning more money.
Investing: Putting money into a venture that offers the possibility of earning more money.
Saving: Setting aside a portion of current income for future use.
Saving: Setting aside a portion of current income for future use.
Objectives
Objectives
Students will be able to:
Students will be able to:
• Recognize high-dollar items and unexpected costs that require savings.
• Recognize high-dollar items and unexpected costs that require savings.
• Review key concepts related to successfully saving money
• Review key concepts related to successfully saving money
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