EconEdLink

Related Lessons

Lesson: Banking is INTEREST-ing!


Big Banks, Piggy Banks

When choosing a place to put their money, people consider how safe there money will be, how easy it is to access, and whether it will earn more money. Students explore how well different savings places achieve these objectives. Students learn that people who don’t want to carry money with them or keep it at home often choose to put their money in a savings account at a bank or credit union. These financial institutions protect money from theft and other losses. They also pay interest on money deposited. This lesson works well as a follow-up to the ABCs of Saving.

Grades: 3-5
Published: 11/04/2003

What's My Interest?

Students explore the concept of interest by means of two activities. The first, a simple activity with jellybeans, introduces the concept of interest accruement, and the second, a practical, "real world" activity, reinforces the concept and places it into a larger context.

Grades: 3-5
Published: 07/10/2003

Clickety Clack, Let's Keep Track!

This lesson will show students the importance of keeping track of their savings.

Grades: 3-5
Published: 11/15/2002

Related Publications

The following lessons come from the Council for Economic Education's library of publications. Clicking the publication title or image will take you to the Council for Economic Education Store for more detailed information.


Teaching Economics Using Children's Literature

This interdisciplinary curriculum guide helps teachers introduce their students to economics using popular children's stories.

Grades: 3-5
Published: 2006

7 out of 29 lessons from this publication relate to this EconEdLink lesson.

Financial Fitness for Life: Grades 3-5 - Teacher Guide

This publication contains 15 lessons that complement the 3-5 Student Workbook. Specific to grades 3-5 are a variety of activities, including a guessing game using clues to identify various occupations; the story Urban Mouse and Rural Mouse which teaches students about entrepreneurs and opportunity recognition; and a role-playing activity in which students learn which method of payment is appropriate in a variety of situations.

Grades: 3-5
Published: 2010

6 out of 17 lessons from this publication relate to this EconEdLink lesson.

Energy, Economics, and the Environment: Case Studies and Teaching Activities for Elementary School

This publication helps elementary students analyze energy and environment issues from an economics perspective.

Grades: 3-6
Published: 2006

2 out of 10 lessons from this publication relate to this EconEdLink lesson.