Your student should complete this activity with adult assistance at home or in your community.

Saving:

1. Talk with your child about saving money for one of his/her needs or wants.
2. Discuss how much it will cost and how this money could be earned.
3. Decide if the money will be saved in a piggy bank or a savings account.

Scarcity and Choices:

• In the student’s spare time, give them three choices of activities to participate in.  Explain that they only have twenty minutes, so time is “scarce.”  Help them make a choice on how to spend their time.

Coin Recognition:

• Allow children to collect change from around the house.  Have them sort it into piles according to value.  Each time they place a coin in the pile, have them say the name of the coin.
• On three separate family shopping trips, help your child analyze the change given by the cashier. Together identify the coins and their values. Determine whether the change will be used for saving or spending.