Saving Badge

Issued by Federal Reserve Bank of St. Louis

Achieve an understanding of saving. Students will learn the basics of the variety of ways they can save their money, compound interest, calculating with the rule of 72, how saving helps meet financial goals. Lessons also include engaging content and activities that relate to analyzing, and discussing why it is hard for people to save.

Type Learning
Level Foundational
Time Hours

Additional Details

Skills

Describe reasons and methods for saving (i.e. emergency fund, pay yourself first, sinking funds, etc.).
Discuss the importance of taking responsibility for personal financial decisions.
Explain how personal financial resources affect the choices people make.

Earning Criteria

Once students have successfully completed the module and in-class activities, they will earn, at no cost to the school or district, a digital badge issued through Credly certifying their achievement. This badge can be displayed on social media profiles.

Standards

Apply the decision-making process to personal and family financial choices. The student will be able to:

08.0 Explain and describe saving. The student will be able to: 08.01 Describe reasons and methods for saving (i.e. emergency fund, pay yourself first, sinking funds, etc.).