Economics for Kids: Saving and Spending
3 min1st2nd3rdSocial Studies
Summary
An economics mini-lesson on saving and spending: why people save money for later, spend it now, and how to make smart money choices.
Viewer safety
All ages
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Teaching resources
Discussion questions
Saving means keeping money for later; spending means using it now.
- Why do people save money instead of spending it all?
- What is something worth saving up for?
- How do you decide whether to save or spend?
Quick work-a-long
Words to know: save, spend, goal
- Name a goal you would save money for.
- Explain one smart money choice you could make.