| Posted: 07/23/2007 |
|
| Fed resource: | Building Wealth |
| Short description: | Using simulations, online calculators and other hands-on activities, students will be introduced to concepts such as net worth, compound interest, the rule of 72 and wealth-building strategies. |
| Lesson time: | 90 minutes |
| Materials: | See attached lesson plan. |
| Audience: | High School, College (Undergrad) |
| Grades: | 10, 11, 12, 12+ |
| Subjects: | Money and Banking, Personal Finance |
| Concepts: |
Money and Banking - Borrowing, Interest, Saving Personal Finance - Banks, Borrowing, Credit, Goal setting, Income, Inflation, Rule of 72, Saving, Spending |
| Documents: | Building Wealth Lesson Plan for Tips and Tools.doc |
| Tip/Tool: |
See attached lesson plan.
|
| Submitted by: | Dawn Conner
FRB St. Louis |