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Open up your piggy bank and start “learning about earning” and the power of savings accounts that build on compound interest. Young entrepreneurs and budding economists need to understand how money can make money and develop skills of commitment, long term planning and discipline to save. Meet penny McThrift who will guide young readers through deposits, withdrawals and balances in her account. You can “bank” on this issue to have a positive financial impact on your young saver.
In this issue students will:
- Learn about savings, interest and banking
- Understand how bank accounts work
- Interview parents about money habits
- Answer questions finding evidence in text
- Learn what happens with money you deposit
- Get some exercise with Piggy
- Use the newspaper to calculate sums for banking practice
- Write about the magic of finding a money tree!
6 page PDF
