Students compare saving money at home to saving money at a bank or credit union and then act out stories to explore which option they would choose.
Topic
Save and invest (Banking options, Choosing how to save, Saving for long-term goals, Saving for short-term goals), Protect (Managing risk)
Subject
Fine arts and performing arts, Social studies or history
Grade Level
Elementary school (K-1), Elementary school (2-3), Elementary school (4-5)
Duration
45-60 minutes
Big idea
Saving money at a bank or credit union protects your money.
Essential questions
- How can I save money?
- Would I rather save my money at home or in a bank or credit union?
Objectives
- Identify places to save money
- Understand how a bank or credit union can protect money
What students will do
- Discuss the benefits and risks of saving money at home and in a bank or credit union.
- Act out stories about saving and where to save money.
Download activity
Teacher guide
cfpb_building_block_activities_comparing-places-save-money_guide.pdf
Note: Please remember to consider your students’ accommodations and special needs to ensure that all students are able to participate in a meaningful way.
