People often save money, but what are the benefits and drawbacks of that action? Youngsters learn about saving, savings, and opportunity cost through the lens of a short book, called Something Special for Me.

Concepts

saving money, savings accounts, opportunity cost, plot, story sequencing, spending money

Show More Show Less

Additional Tags

social studies

Show More Show Less

Instructional Ideas

• Use the lesson during a unit on spending and saving money

Classroom Considerations

• You'll need to purchase or borrow a copy of Something Special for Me by Vera B. Williams
• The included presentations are for interactive whiteboards; these are not essential to the lesson
• This plan may take longer than the suggested 40 minutes

Pros

• Comes with materials to help you teach the lesson; answers to the discussion questions are included alongside the questions
• Invites learners to think about their own saving habits
• Cross-curricular lesson combines language arts with economic concepts

Cons

• None

Common Core

RL.1.1 RL.1.3 RL.1.4 RL.1.7 RL.2.1 RL.2.3 RL.2.5 RL.3.1 RL.3.3