Teach budgets, decision making, income, interest, and saving with the “Big Spenders” lesson.
Students compare the spending behavior of two families to see how a higher saving rate can lead to not only greater savings but greater spending.
How does saving now affect future spending?
Students will be able to calculate how different saving rates affect a savings balance and the ability to spend in the future.
The Making Personal Finance Decisions curriculum teaches valuable personal finance lessons grounded in economic theory. The curriculum is divided into 10 themed units, with each unit containing two lessons. The twenty individual lessons employ a variety of teaching strategies designed to engage students in the learning process and equip them with the knowledge and skills necessary to make informed personal finance decisions. Big Spenders is lesson 7B of Unit Seven: Spending.
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