BBI2O – Unit 3 – Lesson 4: Saving

Overview

Duration

100 minutes

Lesson Objective

• To learn about saving.

Lesson Outcomes

• To explain why we save money.
• To calculate simple and compound interest.
• To explain the rule of 72.
• To calculate savings using a given scenario

The Lesson

Sequence

1. Starter: Class Discussion | Why save money? Have you ever saved money? Why?
2. Why save money? | Teacher led note taking and discussion
3. Ways to save | Teacher led note taking and discussion
4. Task 1 | Simple vs. Compound Interest | Video.
5. Simple vs. Compound Interest | Teacher led note taking and discussion
6. Task 2 | Calculating Simple vs. Compound Interest | Worksheet.
7. Task 3 | Savings Quiz.
8. Task 4 | SPENT | Online Simulation Game.
9. Review: Time for TED… Your Money and Your Mind with Wendy De La Rosa | Episode 4

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