Eco-Saving and Investing

How can we use money effectively?
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Slide 1: Mind map
EconomieSecondary Education

This lesson contains 15 slides, with interactive quizzes, text slides and 1 video.

time-iconLesson duration is: 60 min

Items in this lesson

How can we use money effectively?

Slide 1 - Mind map

Chapter 1.3: Saving and Investing
Pages 578

Slide 2 - Slide

Objectives
  • Explain the term interest
  • Analyze the financial goals of the individuals
  • Evaluate the benefits of a savings account.


Slide 3 - Slide

Interest
Interest is a fee for the use of your money.


Slide 4 - Slide

What is a saving account?

Slide 5 - Mind map

What is the purpose of interest on a savings account?

Slide 6 - Open question

Money grows in a savings account as banks pay
A
Fees
B
Penalty
C
Service charge
D
Interest

Slide 7 - Quiz

Slide 8 - Video

Name some financial goals you would prefer to have in your future.Also mention methods or ways you are going to achieve it.

Slide 9 - Open question

Why is it important to start investing early?

Slide 10 - Mind map

Give the steps of preparing a financial plan.

Slide 11 - Mind map

What are the benefits of a savings account?

Slide 12 - Mind map

Which among the two account checking and savings amount is better?Give your reasons.

Slide 13 - Open question

How can an emergency fund help you? Give examples from real life.

Slide 14 - Mind map

Write the main points of the lesson.

Slide 15 - Mind map