Piggy Bank Primer: Saving and Budgeting

Introduce young economists to basic concepts like unlimited wants, opportunity costs, saving, and budgeting with this workbook designed by the Federal Reserve Bank.

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Concepts

Instructional Ideas

  • Provide class members with a daily allowance of paper money they can use for the various activities
Classroom Considerations

  • The 36-page workbook, designed by the Federal Reserve Bank of St. Louis, includes activities, puzzles, a glossary of terms, and a budget tracker
Pros

  • The teacher's guide includes detailed plans and suggestions for additional activities
Cons

  • Although designed for 6-9 year olds, the plans would work better with older learners