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Theme 4 Lesson 10:
Why Save?
The students learn about saving and investing, and they consider the importance of setting short-term, medium-term, and long-term savings goals. They use math skills to solve problems and they play a game designed to emphasize the importance of setting goals and working toward a goal. Finally, they engage in a family activity that focuses on the opportunity cost of saving.
Concepts
- Cost
- Investing
- Medium-Term Goal
- Opportunity Cost
- Saving
- Scarcity
- Short-Term Goal
Standards in Economics and Personal Finance
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