Grades 6-8, 9-12
Calculating Simple Interest
In this personal finance lesson, students will use I=P(r)(t) to calculate simple interest on a loan.
Key Concepts: Credit, Interest
Grade 6-8, 9-12
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Video
Saving and Investing Video and Quiz
Time: 10 mins,
Updated: March 19 2020,
Objective
Students will be able to:
- Understand the concepts of saving and investing.
Standards
Concepts
In this personal finance video, students will learn about saving and investing and play a Kahoot! game.
Description
This video teaches the concepts of saving and investing. Broadly speaking, an individual has only two choices about what to do with (after-tax) income: spending on current consumption or saving for the future. Play the Kahoot! game to test your skills! This multi-player quiz game reviews the concepts discussed in the video.
Resources
Related Resources
Grades 9-12
The Basics of Saving and Budgeting
In this personal finance lesson, students will identify ways to spend and save to learn how to reach financial goals.
Key Concepts: Budgeting, Decision Making/Cost-Benefit Analysis
Grades 6-8
A Penny Saved Is a Penny Earned...With Interest
In this economics and personal finance lesson plan, students will make decisions about saving and spending.
Key Concepts: Budgeting, Decision Making/Cost-Benefit Analysis, Opportunity Cost
Grades K-2
Elmo-Nomics: Using Sesame Street to Teach Financial Literacy
Presenter: John Kruggel
In this personal finance webinar, explore using Sesame Street to teach about saving, spending, sharing and more!
Key Concepts: Budgeting, Opportunity Cost, Scarcity
