1. Savings

2. Video
15 minutes

3. Saving Money the American Way
It may be tough to save currently with very little income as a student but it is important to develop a habit of saving what you earn now. This simple habit can change your life.
25% of American families have no savings at all.
40% of Americans are not saving for retirement.
30% of Americans have more debt than savings.

4. Three Basic Reasons to Save Money
Emergencies
Purchases
Wealth Building

5. Understanding Compound Interest
Interest paid on interest previously earned.
Understanding the Time Value of Money
The story of Ben and Arthur

6. (discuss America's poor saving rate compared to other countries)
Activity
Savings by Nation
(discuss America's poor saving rate compared to other countries)