Save or Spend?

Weigh saving against spending in real choices.

Warm-up, learn, try it together, practice, then a quick check. About 15 minutes.

What children learn in Level 60

Every money choice has benefits and costs. Spending gets you something now, but the money is gone. Saving gets you something bigger later, but you have to wait.
Eli is saving for a 10-dollar art set and gets 3 dollars. If Eli spends it on candy, the art set takes longer. If Eli saves it, there's no candy today. Both choices cost something!
Many families use three jars: one to save, one to spend, and one to share, to help others.
There's no one right answer. You and your family decide, by thinking about what you'll get, and what you'll give up.
Try it with a grown-up! Make three jars, save, spend, and share, and decide together where your next coins go.
Your turn! Sort them: saving, or spending?

Georgia Standards of Excellence in Social Studies:

SS2E4 — Describe the costs and benefits of personal saving and spending choices.