6
Theme 2 Lesson 6:
How We Save

The class hears a story about Nicholas's family as it copes with an unexpected expense. In an activity designed to simulate an experience of scarcity, the students try to fit themselves into a space that is too small to accommodate them. They learn about depositing and withdrawing money as they participate in a savings game. They learn that good savers often have a plan for how and when to save.

Visuals & Activities

Concepts

  • Withdrawal
  • Spending
  • Opportunity Cost
  • Choice
  • Saving
  • Scarcity
  • Deposit
  • Banking
  • Spend
  • Cost
  • Money

Standards in Economics and Personal Finance

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