In this interactive drag-and-drop activity, students will categorize various goals as either short-term or long-term. By distinguishing between these types of goals, students will enhance their understanding of goal setting and time management, gaining practical skills for planning their financial futures.
In this interactive drag-and-drop activity, students will categorize a given set of goals as either short-term or long-term.
National Standards in Personal Financial Education
Students will know that Creating a budget can help people make informed choices about spending, saving, and managing money in order to achieve financial goals .. Students will use this knowledge to 8-1a . Identify personal goals for spending and saving . 8-1b . Create a budget that includes expenses and savings out of a given amount of income . 8-1c . Explain why people with identical incomes make different choices for spending, saving, and managing money . 8-1d . Discuss the budgeting challenges faced by people living on minimum wage .
Students will know that People save money for many different purposes, including large purchases such as cars and homes, education costs, retirement, and emergencies .. Students will use this knowledge to 8-1a . Identify the most common reasons that people save money for the future . 8-1b . Create a savings plan that will allow someone to make a large purchase in one year, 5 years, and 10 years .