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.
Saving money can help you achieve financial well-being.
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 their net income each payday.
Brainstorm other financial habits and strategies for saving.
Note: Please remember to consider your students’ accommodations and special needs to ensure that all students are able to participate in a meaningful way.