Lesson+3

**Lesson 3**
Lesson 3: Saving makes a difference. Identify ways people save and spend money. Complete a plan of how savings can accumulate over a period of time.


 * Final Presentation **
 * Student reflective writing of the needs and wants of the community.
 * Create an illustration of needs vs wants on
 * Recommendation power point presentation or document on a savings plan and then make a bank.

Final Daily GAME Lesson Plan
- **Needs and Wants** - Satisfying Needs ||
 * **Lesson Title:**
 * Lesson 3**
 * Saving** || **Related Lessons:**
 * **Grade Level:** K-2 || **Unit:** Social Studies/Economics ||
 * **Duration:** 45 minutes ||
 * **Lesson Objective:**


 * Students will be able to identify the value of coins.
 * Counting coins in a pattern, by 5’s, 10’s.
 * Describe ways of saving and spending wisely.
 * Create a savings plan ||
 * **Standards**
 * Georgia Content Standards:**
 * Identify and distinguish between needs and wants
 * Establish resources of necessities and places that satisfies those needs
 * Learn about saving and spending

x  Creativity and innovation x Communication and collaboration o  Research and information fluency x Digital Citizenship x  Critical thinking, problem-solving, & decision-making x Technology Operations and Concepts || . ||
 * County Standards:**
 * 33 identify goods that people make and services that people provide for each other
 * 34 explain that people have to make choices about goods and services because of scarcity
 * 35 analyze how people are both producers and consumers
 * 36 compare and contrast the costs and benefits of personal spending and saving choices
 * 44 explain that people usually use money to obtain goods and services
 * 45 explain how money makes trade easier than barter ||
 * **ISTE NETS-S **
 * **Time** |||| **Activity**  ||
 * **10 min.** |||| * Explain to students about saving money for the things we want. This will be done with the poem, “Smart,” by Shel Silverstein**.** Discuss ways of saving money. ||
 * **20 min.** |||| * Read the book, Alexander Who Used to Be Rich Last Sunday, by Judith Viorst. Discuss the story with the students. How did Alexander spend his money? Did he spend it on needs or wants? Do you think he made good choices? How could he have made better choices with spending or saving his money? Use the Mimio board to complete a Decision Tree about Alexander’s decisions to spend his money in the story. What would you do with your money if you were Alexander?
 * **20 min.** |||| * Then use [|KidsBank] and computer to further teach the students about saving money. Allow students to create a plan of economic choices as they make their own personal bank and savings plan as a final project. ||
 * **Monitor**
 * Ongoing assessment(s):** Observation of class participation in whole, small group. Individual work on completing savings plan and creating bank as a final project. Open-end response assessment will be through Q & A of book. Performance based assessment and Project Based assessment will be completed by each students individually based of savings plan and bank created.


 * Accommodations and extensions:** * There will be videos, graphic organizers and transcripts for segments of the lessons which will provide support to ESL and LD students.
 * Students will also have worksheets that can be access on website.
 * Paraprofessional and Tech support will provide assistance to those students who may need it.
 * Students who do not have access to internet will have options of coming before and after school to view resources. ||
 * **Evaluation**
 * Lesson Reflection:**
 * Students will share observations and understanding of the third and final lesson by completing a savings plan.**
 * Students should understand a value of money and what it means to save.** ||