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EconEdLink: A Penny Saved

Details

Activity Description

In this lesson, students will explore savings by reading a comic book and discussing their reading. At the conclusion of this lesson, students will see how savings affect the economy and perhaps, start saving.

Preparation

  1. Go the the teacher's lesson plan (see the Web Site Example above), select View Student Version (right side of the page) and Print this lesson for your students (button is also on the right).
  2. Print the comic book A Penny Saved (pdf) for each student.
  3. Print the "A Penny Saved guided reading" (pdf) for each student.
  4. Review the teacher's lesson plan.
  5. Be sure students are familiar with basic computer and Web site navigation.

How-To

  1. Distribute copies of the student version of the lesson, the comic book, and guided reading.
  2. Follow the lesson plan outlined in the Web Site Example shown above.

Teacher Tips

  • If you do not have Microsoft Excel, you can download Open Office for free or use Google Docs spreadsheet program.

More Ways

  • EconEdLink offers 425 free online economic and personal finance lessons.

Program Areas

  • ABE: Adult Basic Education
  • ESL: English as a Second Language

Levels

  • High
  • Intermediate High
  • Advanced

Subjects

  • Reading
    • Consumer Skills

Standards

  • Reading
    • CCR Anchor 1 - Read closely to determine what the text says explicitly and to make logical inferences from it; cite specific textual evidence when writing or speaking to support conclusions drawn from the text.
    • CCR Anchor 2 - Determine central ideas or themes of a text and analyze their development; summarize the key supporting details and ideas.
  • Speaking and Listening
    • CCR Anchor 1 - Prepare for and participate effectively in a range of conversations and collaborations with diverse partners, building on others’ ideas and expressing their own clearly and persuasively.

Tags

writing, application, APR, banking, buying a home, buying a house, calculating compound interest, check register, checkbook, checking account, compound interest, computer skills, consumer, consumers, Econ Ed Link, EconEdLink, economics, economics and personal finance, economy, Excel, Excel template, Excel terminology, financial literacy, graphic organizer, housing, interest, life skill, life skills, loan, Microsoft Excel, money, mortgage, mortgage calculator, mortgage rates, online template, personal finance, principal, project based learning, project-based learning, research, saving, spreadsheet, spreadsheets, task based assessment, task-based assessment, template, web-based activities, web-based activity, write, a penny saved, amortization

Conditions

Unless otherwise noted, all images, text, programs, and other materials found on the Website are protected by the United States and international copyright laws and are owned or licensed by the Council for Economic Education. Users may use and make a limited number of copies of the Website images, text, programs, and other materials for non-commercial, classroom and instructional use subject to the limitations given under the Permission Policy set forth below. All other rights are reserved. Except as set herein and under the Permission Policy set forth below, no part of the Website images, text, programs, and other materials may be used, reproduced, distributed or transmitted in any form or by any means, without prior permission in writing from the Council for Economic Education. Under no circumstances may any individual or organization charge for the use of the Website's images, text, programs and other materials. Resale of the Website's images, text, programs, and other materials is not permitted.
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OTAN activities are funded by contract CN240137 from the Adult Education Office, in the Career & College Transition Division, California Department of Education, with funds provided through Federal P.L., 105-220, Section 223. However, OTAN content does not necessarily reflect the position of that department or the U.S. Department of Education.