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?
Objectives
- 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.
Download activity
Teacher guide
Cómo ahorrar cada día de pago (guía)
Student materials
Saving each payday (worksheet)
Cómo ahorrar cada día de pago (hoja de ejercicios)
Note: Please remember to consider your students’ accommodations and special needs to ensure that all students are able to participate in a meaningful way.