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Saving Money

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Money matters! We can earn it, spend it, invest it, save it, or donate it! Children need to learn how to manage money and the value of saving hard earned dollars for a rainy day, a special short-term goal, or a major future purchase. Contributing regularly to a savings plan is one secret to success and helps develop financial literacy and responsibility. Nothing is as powerful as an authentic experience when it comes to learning abstract concepts such as “earning interest.” This issue will help you begin the financial conversation with your student that may lead to opening a savings account and watching money grow each month. Let the savings begin, and you’ll soon achieve your financial goals!

In this issue young earners and learners will:

  • read informational text about money
  • evaluate responsible financial responses to money questions
  • calculate sums using money amounts
  • complete an imaginary 10-year savings plan
  • learn what “interest” on savings means
  • use the newspaper for a scavenger hunt
  • calculate a variety of sums that total 12 exactly
  • locate money amounts in the news and arrange your findings from smallest to largest value
  • write an opinion piece on the benefits or dangers of borrowing or lending money

6 page PDF