By Million Bazillion | Marketplace
Jed’s treehouse needs repairs, but it’s gonna cost more than he has right now. Saving money can be tough — and even tougher to talk about! So this week on the show we’re gonna get the conversation started and learn a few ways to think about spending and saving our money. We’ll sit down with some experts, do some mythbusting around saving and hear from a young Dollar Scholar who’s got a unique way of keeping track of her savings. Plus, singer Natasha Bedingfield’s got a cheeky idea for a twist on the piggy bank.
Take a minute to recap the episode and review the key points. Here are some questions to get the kids going:
- While Jed’s been trying to save money for repairs, who’s been camping out in his treehouse?
- Jed spent some of the money he was saving on a new ice cream-making scooter. When you have a choice of spending your money on different things, there’s the dollar price you pay for the thing you choose — and there’s another cost. Do you remember what that’s called? It’s the thing you missed out on because you chose to spend your money on something else.
- Saving money is hard, but there are good ways to practice. Do you remember what the “jar system” is?
- Finally, let’s practice future thinking. Think about something you’d like to save money for, and write a little story about what your life will be like when you get it. The better you picture your goal, the more you’re likely to save for it.