Saving Money over Spending this Season Lesson

A lesson for students on prioritizing saving over spending this season. With high prices and high interest rates, learn smart saving strategies and budgeting tips for a financially sound holiday season.

Students learn about financial prudence and budgeting during the holiday season. It highlights how higher interest rates make saving more beneficial and warns against the extra costs of using credit. The guide includes strategies for a financial review before the holidays, advocating for a thorough review of past spending and creating a realistic budget that encompasses all holiday expenses. It also emphasizes the value of open conversations with loved ones about spending expectations, suggesting alternative gifts that don’t strain the budget. Ultimately, it encourages students to embrace the holiday spirit responsibly, ensuring celebrations don’t derail their financial goals.


Use this video lesson on the topic of saving money. Learn related concepts of:

  • Saving Strategies
  • Budgeting
  • Interest Rates
  • Credit Management
  • Financial Planning
  • Smart Spending
  • Holiday Expenses
  • Buying Goods
  • Protecting Wealth


7-12th grades. High School. College. Adult Education.


45-60 minutes. Adjust the lesson plan and allocate time to certain topics based on the needs and interests of the students.


Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have them complete the worksheet.  Review the questions on the worksheet.  A more comprehensive and detailed lesson plan can be accessed below for further instruction and study.

Saving Money over Spending this Season

After watching the video, have students tell what the most important things they learned from the video.


Lesson Plan: Saving Money over Spending this Season

Objective: To educate students on the importance of saving money during the holiday season, understanding the high cost of spending and the benefits of saving.

Materials: Video titled “Saving Money over Spending this Season”, Quiz materials, MI Chat chatbot, Writing materials.

Lesson Duration: 1 hour


  1. Video Viewing: Watch the video “Saving Money over Spending this Season.”
  2. Group Discussion: Discuss the main points of the video. Encourage students to share their thoughts on why saving might be more beneficial than spending during the holidays.
  3. Interactive Quiz: Conduct a quiz based on the video to reinforce the concepts learned.
  4. Personal Financial Review: Each student conducts a personal financial review to understand their spending habits.
  5. Budget Planning: Students create a holiday budget plan, considering all potential expenses.
  6. Alternative Gift Ideas: Brainstorm session for non-monetary gift ideas to celebrate the holidays.

Discussion Questions:

  • What are the potential benefits of saving money instead of spending it during the holiday season?
  • How do high interest rates affect the value of saving money?
  • In what ways can you resist the temptation to spend excessively during the holidays?
  • How can planning and budgeting help in reducing unnecessary holiday expenses?
  • What are some creative ways to celebrate the holidays without spending much money?

Separate Lesson Plan Activity: Using the MI Chat Chatbot

Objective: To use the MI Chat chatbot for reinforcing the concepts covered in the video through interactive questioning.


  1. Introduction to MI Chat: Explain how the chatbot works and its purpose in this lesson.
  2. Interactive Session: Students interact with the MI Chat chatbot, which will ask questions regarding the concepts covered in the video. This can include questions on interest rates, budgeting, and smart spending habits.
  3. Reflection: Students share their experience using the chatbot and discuss new insights gained from the interaction.
  4. Feedback: Provide feedback to the students on their understanding and offer additional insights or clarifications as needed.

Conclusion: Wrap up the lesson by summarizing the key points learned and emphasizing the importance of financial responsibility during the holiday season.

Lesson Resources

MI Chat Chatbot Tool

  • Saving money over spending questions with MI Chat chatbot – Use the MI Chat chatbot to test your students’ understanding of the lesson. The MI Chat chatbot is an interactive platform designed to deepen understanding, aligning with specific queries and thoughts. Offering personalized insights, it directs users toward a clearer grasp of topics, ensuring they match their learning pace, knowledge level, and cognitive goals.

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