Paying Yourself First
Your students will discover the benefits of saving money and collecting interest. During class activities, they will
- Calculate earnings from interest (math)
- Present a case for opening a savings account (English language arts)
- Discuss banking during the Great Depression and today (social studies)
Delayed Gratification and Interest
Watch this video to see the power of compound interest and methods for encouraging your students to save.
Calculating Future Value
Guide your students in an investigation into interest rates paid by several financial institutions and calculate the future value of a hypothetical account.
Finding the Best Bank
Instruct your students to write a persuasive speech to convince peers to save money with their bank by highlighting interest rates and how much money can be earned over different time lengths.
The Great Depression
Create a human timeline of the Great Depression and other significant economic events. Students will discuss how banking has changed since the Great Depression.