Students will learn about different ways to save and invest.
Teaching Objectives:
- Examine different savings and investment products available.
- Compare the costs (risk) and benefits (rate of return) of different savings and investment products and strategies.
Standard 5: The student will analyze the costs and benefits of saving and investing.
Suggested Grade Level
6th – 12th Grade
Lesson Excerpt:
Congratulations! You have decided to start saving money for future needs. Now, you have more choices to make about the different financial products available. Your goals will determine the choices you want to make when planning your savings and investing strategies. Savings is generally used to meet short-term and medium-term goals of seven years or less, while investing is generally used to meet long-term goals.
