
Why Savings is Important
Presentation
•
Life Skills
•
12th Grade
•
Practice Problem
•
Easy
Suzette Brown
Used 49+ times
FREE Resource
4 Slides • 5 Questions
1
Why Savings is Important
2
Students can explain the importance of saving money in their own words.
Students can list at least three methods of saving money.
Each student creates a personal savings goal and a simple plan to achieve it.
Success Criteria
Explain why saving is important
Explain what it means to “pay yourself first” and why it’s beneficial
Create a list of short, medium, and long-term savings goals
Learning Intentions
Why Savings is Important
3
Multiple Select
Would you rather...?
Have $50 right now?
$100 next week?
4
Open Ended
Write an explanation of your selection. Then, we will discuss as a class
5
Top 7 Reasons to Save Your Money
1. Save for an Emergency Fund
2. Save for retirement
3. Save for the downpayment on a house
4. Save to maximize interest rates
5. Save for a vacation, car or other big purchase
6. Save for regular or Recurring expenses
7. College Education
6
Open Ended
Think about a big purchase you would like to make. What is your big purchase? How long do you think you will need to save to make that purchase? Why?
7
Open Ended
Based on your previous answer create a mock savings schedule for your big purchase.
8
Open Ended
Why do you think only about 18% of Americans have 6 months of saving kept aside?
9
Pay Yourself First
Complete the Edpuzzle posted in Google Classroom
Then follow the teachers directions to complete the rest of todays activities in class
Why Savings is Important
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