Scholastic
Scholastic: Adventures in Math: Lesson 1: Saving Money for Your Future
Tips for learning the value of saving money to achieve your financial goals.
Other
Finra Investor Education Foundation: Introduction to Earning Interest 11 & 12
Students will know and be able to use the formula for calculating compound interest and understand the effect of compounding on savings in this lesson.
Consumer Financial Protection Bureau
Consumer Financial Protection Bureau: Saving for Post Secondary Education
Students use an online compound interest calculator to answer questions and create charts that show the value of saving money over time for future education goals.
Other
Money Management International: The Berenstain Bears' Trouble With Money
A lesson plan featuring the Berenstain Bears that introduces the concepts of spending, goods, services, income, saving, and interest.
University of Missouri
University of Missouri St. Louis:wise Pockets: Kermit the Hermit
This is an elementary level lesson that deals with spending, saving, income, and interest. Requires the book Kermit the Hermit by Bill Peet. Includes detailed lesson plan along with procedures and activities.
Council for Economic Education
Econ Ed Link: Work, Earnings and Economics: Using Lyddie by Katherine Paterson
In reading and discussing Lyddie, by Katherine Paterson, students examine basic economic concepts and explore the growth of labor unions and the role of government in a market economy.
Calculator Soup
Calculator Soup: Rule of 72 Calculator
Use the Rule of 72 to estimate how long it will take to double an investment at a given interest rate. Divide 72 by the interest rate to see how long it will take to double your money on an investment.
Council for Economic Education
Econ Ed Link: Opportunity Cost
Consumers are faced with tough choices because so many innovative and exciting products and services are available. Therefore, engraining a decision-making process that includes considering of opportunity cost is necessary to shape...