Start Small, Save Up
Help K–5 students explore the basics of how and why to save money.
To get started, spark a quick discussion
about key money-related vocabulary. Go
deeper by choosing from the activities below.
• Grades K–2, start here: Explain that people
use money for things they need, such as
food and clothes. People also use money for
services (actions that help others), like getting
a haircut or advice from a doctor.
• All grades, including K–2: Explain that when
people regularly set aside small amounts of
money, they are saving money. Point out
that the opposite of saving is spending (using
money to buy things).
• If you have a savings goal (something you’d
like to save money for, like a book or a
skateboard), it can help you save birthday or
ZZZ For a hands-on, science-inspired activity,
go to scholastic.com/saveup to download a
bonus lesson plan.
My Savings Goal (Grades K–2)
Introduce the concept of saving money with
an engaging discussion and art activity.
• Ask students for examples of things a family
saves for (vacation, car, college) and things
a kid might want to save up for (game, book).
• Have students use the activity sheet to draw
their savings goal and write a caption.
Skipping Into Savings (Grades 2–3)
Have students visualize the concept of starting
small and saving up through skip counting.
• Review how to skip count.
• Have students solve the problems on the
activity sheet to see how small amounts of
money add up over time.
What’s Worth Saving For? (Grades 3–5)
Guide students in examining their feelings
about money and using the activity sheet to
map out a savings plan.
• Reﬂective Writing (Activity A): Students
respond to questions about money habits.
• Level It Up With Math (Activity B): Older
students calculate simple equations on the
graphic organizer to create a savings plan.
Coloring Your Savings (Grades K–2)
Teach students that things you buy cost dierent
amounts of money with a fun math activity.
• For younger students, explain that dollar bills
come in dierent amounts. Common bills
are $1, $5, $10, and $20.
• Have them practice adding by coloring in the
bills on the activity sheet.
• Discuss which items might cost more money and
take longer to save for (compare and reason).
Saving for Now and Later (Grades 3–5): Explore the dierence
between short- and long-term savings goals with a card game.
• Have groups sort savings cards into two piles—short-term and
long-term savings goals—and explain their reasoning.
• See the activity sheet for teacher instructions and vocabulary support.
Activity Sheet Guide