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Saving each payday


Students use a real-world simulation to learn how saving a little money each payday can be a successful strategy for saving.

Big idea

Saving money can help you achieve financial well-being.

Essential questions

  • How does saving help me to meet my financial goals?
  • How can I make a plan to save?


  • Create a plan to save a percentage of net income each payday
  • Determine how long it will take to save for a big purchase based on a savings plan
  • Understand the habits and practices that can make payday a save day

What students will do

  • Review a real-world work scenario that appears in the “Saving each payday” worksheet.
  • Calculate how long it will take to save for a car by saving a percentage of net income each payday.
  • Brainstorm other financial habits and strategies for saving.

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Teacher guide



Student materials



Note: Please remember to consider your students’ accommodations and special needs to ensure that all students are able to participate in a meaningful way.