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Grade 9-12
,
Lesson

Building Wealth: Save and Invest, Put It In the Bank

Updated: August 14 2023,
Author: Council for Economic Education
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Standards

State Standards

Concepts

Budgeting, Credit, Financial Investments, Interest, Risk and Return, Saving
 Open Lesson

In this lesson, students will compare two savings plans: stuffing a mattress with money and using a bank. 

Description

In this lesson, students will compare two savings plans: stuffing a mattress with money and using a bank. After identifying the disadvantages of stuffing a mattress, students will examine how a bank acts as a financial intermediary between borrowers and savers. 

Subjects:
Personal Finance

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