The document discusses the importance of saving and investing for financial well-being and goals. It recommends saving for emergencies, retirement, a house down payment, interest, vacations and other big purchases, and irregular expenses. The document distinguishes between savings, which is putting money away for short-term needs, and investing, which is contributing to long-term financial vehicles like 401(k)s. It notes that the right time to start saving is now, and includes savings calculators and cartoons about the challenges of saving.

1. SAVE EARLY & OFTEN
• Standard – Savings and Investing
• Learning Objectives
• Students will be able to
• Explain how savings and investing
contribute to financial well-being, building
wealth, and helping meet personal
financial goals.

3. WHAT IS WEALTH?
Your friends and you notice a
classmate who always has brand
new clothes, shoes, and
electronics.
• What would you need to know
in order to tell if this
classmate’s family is wealthy?
• How are wealth and savings
related?
As you move forward with the
rest of the lesson, keep in mind
how improving your saving
habits impacts your overall
wealth.

4. Save for Your
Emergency Fund
Save for Retirement
Save for a Down
Payment for a
House
Save to Maximize
Interest Rates
Save for a Vacation,
Car, or Other Big
Purchase
Save for Irregular of
Recurring Expenses
College Education

5. HOW MUCH SHOULD I SAVE?
Watch this video on how much to save, which
also gives some examples of what to save for.
Then answer:
• How much does Kal Penn recommend you
save?
• What are the three savings categories he
recommends?
• Why does it make sense to start saving or
investing right now?
Save Early &
Often

6. THE DIFFERENCE BETWEEN SAVINGS & INVESTING
Watch this video and use what you’ve learned to
answer the following.
Savings Investing
Putting $20 per paycheck into
an account to help pay for
books during college
Contributing 3% of your
paycheck to a 401(k)-plan
offered through your job
Giving your cousin $5000 to
help start his business, in
exchange for 5% of his monthly
profits
Depositing your annual income
tax return into an account until
you have enough to buy a car

7. Which of the 5 tricks are you
already doing?
Which of the 5 tricks would be
MOST difficult for you to
implement? Why?

8. WHEN IS THE
RIGHT TIME
TO START
SAVING?

9. Savings Calculator

11. CARTOONS: WHY IS IT SO HARD TO SAVE MONEY?
CARTOON #1

12. CARTOONS: WHY IS IT SO HARD TO SAVE MONEY?
CARTOON #2

13. CARTOONS: WHY IS IT SO HARD TO SAVE MONEY?
CARTOON #3

14. CARTOONS: WHY IS IT SO HARD TO SAVE MONEY?
CARTOON #4

15. CARTOONS: WHY IS IT SO HARD TO SAVE MONEY?
CARTOON #5

16. CARTOONS: WHY IS IT SO HARD TO SAVE MONEY?
CARTOON #6

17. EXIT TICKET