Nearly everything you’ll do nowadays costs money. From basic constant costs, like groceries or rent, to surprise expenses, like medical bills or parking tickets. It’s extremely difficult to be able to exactly predict surprise expenses. That’s the whole poi...
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Guiding questions:
- Why is saving important?
- What are efficient methods of saving?
- What is the difference between saving and investing?
- How do you invest?
- What are common methods of investing?
Content:
- Roth IRA
- Savings accounts vs money market account
- 401k
- Stocks
- Bonds
- CD
Objective:
- Purpose of saving/investing
- Methods of saving/investing
Vocabulary:
- Depository institution
- Payroll deduction
- Trade-off
- Liquidity
Activity:
https://buildyourstax.com/ - investing game
https://www.timeforpayback.com/ - savings? Game
Downloadable Slideshow:
https://docs.google.com/presentation/d/1cLjFJhKi3inxla5B44n3hU-63kdz6Tq3Bs7Vsm-wGRE/edit?usp=sharing