Students will learn the reasons for saving money.
- Identify the reasons people save and invest.
- Weigh the costs and benefits of saving and investing.
- Explain the difference between saving and investing.
Standard 5: The student will analyze the costs and benefits of saving and investing.
Suggested Grade Level
6th – 12th Grade
Saving money sounds like a great idea, but sometimes it can be challenging to do. Saving is more than just spending less; it also involves deciding what to do with the extra money. While putting change in a jar is a good start, it is only the first step. Finding ways for money to earn additional money allows your savings to grow, and that helps people meet their personal and financial goals.