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Storing my savings

Updated

Students read descriptions of common places to store their money and weigh the benefits and risks of each to decide which one(s) fit their financial goals.

Big idea

You need a secure place to store your money.

Essential questions

  • What are some benefits and risks related to storing your savings?
  • What option(s) for storing your savings works for you now?

Objectives

  • Understand different options to store your savings
  • Compare and contrast different options to store savings, including tools offered by banks and credit unions

What students will do

  • Review the “Options for storing your savings” handout to learn about the benefits and risks of different savings options.
  • Use the “Storing my savings” worksheet to write down questions they have about each of the savings options.
  • Explain why each savings option may or may not be right for them.

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Teacher guide

Storing my savings (guide)

Student materials

Storing my savings (worksheet)

Options for storing your savings (handout)

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

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