Lesson 2: Savings
Duration of Days: 3
Lesson Objective
-Explain the benefit of saving money
-Compare checking and savings accounts
-Compare simple and compound interest
What are the benefits of long-term saving and what are the options for accounts?
7.RP.A.3
Students will be introduced to the benefits of saving money over time. They will be able to compare the differences between checking and savings accounts, including simple and compound interest from these accounts. DOK 1-2
video clips, infographics
Formative Assessments
Next Generation of Personal Finance Middle School Course Unit 5