Saving and Savings Goals
Introduce the terms "saving" and "savings".
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Lessons & Activities
31-45 min
Saving Strawberry Farm
OVERVIEW
In this lesson, students learn that saving is essential to economic well-being, especially in times of extreme economic downturn. They read Saving Strawberry Farm, a story about a Depression-era family attempting to save a neighbor's farm by waging a penny auction. They simulate a bank run to see how even those with savings were affected. Finally, they learn that savings are safe in banks today.
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VIDEO Q&A
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Learn about saving, savings goals, interest, borrowing, and opportunity cost.
