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AN INTRODUCTION TO SAVING AND SPENDING

Grades K-1 Lesson 1 AN INTRODUCTION TO SAVING AND SPENDING Key concepts: Role of banks in an economy; SAVING money Summary: This lesson will help students understand why SAVING money is important. Students will be able to list some benefits of SAVING and create a simple savings plan. NJ Core Curriculum Content Standards in Personal Financial Literacy: Standard 9: 21st Century Life and Careers B. Money Management: , , D. Planning, SAVING , and Investing: National Standards in K 12 Personal Finance Education (from Jump$tart Coalition): Planning and Money Management: Standard 1, Develop a plan for SPENDING and SAVING .

• Labels from appealing treats to show children • Resource Files: Game Wheel A, Game Wheel B, Coins • Drawing activity page *Materials not attached to this file may be found in a separate

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