Your student should complete this activity with adult involvement at
home or in your community.
Banking and Financial Services:
- Take your student to a financial institution and ask a teller to explain the difference between an interest rate you earn and an interest rate you pay. (Note: you want to earn a high interest rate and pay a low interest rate.)
- Have students clean out closets and garage to identify items that can be donated to charity. Help the find the charity and deliver the donation.
Negative Consequences of Gambling:
- Help students identify ways youth gamble and ways to avoid it. Examples include betting on sporting events and not wearing a seatbelt. Discuss the consequences of all forms of gambling.
- Discuss with your child how money is spent in during a vacation. Address what types of decisions need to be made prior to leaving, and the alternatives considered when planning a vacation. Also include the issues of how much time can be taken off work, what season is best to go, transportation arrangements, opportunities to save, etc.