Banzai Money Saving Challenge
Saving is one of the most important steps of successful money management. In celebration of Financial Literacy Month (yay!), we want to share a Money Saving Challenge worksheet with your students.
Savings
As you’ve noted, Banzai’s Game prepares them to save for college. Wouldn’t it be awesome to actually have them start now, in real life?
This worksheet — it’s so simple as to be ridiculous — will show them how to save $1,378 in one year, almost effortlessly.
How does it work?
- Click the button below to download the worksheet.
- Distribute it to your students.
- Instruct them to add $1 to the amount they saved the previous week. (Week 1=$1, Week 2=$1+$1, Week 3=$2+$1)
- Following this pattern will save them $1,378 in 52 weeks!
This exercise is an awesome opportunity for your students to think carefully about what they want to save for. Graduation trip? An unforgettable prom? New golf clubs (uh, do kids buy golf clubs?)?
Ask them how they plan to earn the money they want to save. Invite them to think creatively about finding work, or generating income.