5
Theme 2 Lesson 5:
Why We Save

The students create a banner depicting choices they make and the opportunity costs they incur. They learn about saving money in order to satisfy a want. They make and decorate a special vest. The vest serves as a prop which they use in considering choices and opportunity costs.

Visuals & Activities

Concepts

  • Wants
  • Spending
  • Choice
  • Opportunity Cost
  • Money
  • Cost
  • Saving
  • Savings Account
  • Economic Wants
  • Savings
  • Deposit
  • Spend

Standards in Economics and Personal Finance

View the standards that correlate to this lesson:

Related Lessons

Reviews

Have you used this lesson? Please submit a review.

REVIEW LESSON