Search Results for: SAVING

This lesson from the Federal Reserve Bank of St. Louis' EconLowdown site teaches students what it means to save and reach savings goals through the book Beatrice's Goat by Page McBrier.

In the story, A Chair for My Mother, a little girl and her family save money in a jar to buy a chair after their furniture is destroyed in a fire. In this lesson, students will learn that characters in the book are human resources who save part of the income they earn. Students will ident…

In this personal finance lesson, students will compare simple and compound interest on savings.

In this economics and personal finance lesson plan, students will make decisions about saving and spending.

In this personal finance lesson, students will learn how to become wealthy in order to build their financial future.

In this personal finance activity, students will identify the purpose of compound interest and how it works to build savings.

In this math lesson, students will examine and calculate interest on loans and investments.

In this personal finance lesson, students learn how compound interest situates itself within the financial life cycle.

In this personal finance activity, students will consider the costs of saving to make a purchase.

Understanding the concept of opportunity cost is critical for good decision making. The ability to identify the opportunity cost—the highest valued alternative that must be given up when another option is chosen—helps people to assess their alternatives.