Level Up Your Financial Skills

Level 2: Lesson 1 – Saving for Your Dreams

Goal: Something you want to achieve in the future (e.g., a new bike, a trip to the zoo).
Saving: Keeping money instead of spending it.
Income: The money you earn (e.g., allowance, chores, job).
Expenses: The money you spend (e.g., candy, movies, subscriptions).
Saving plan: A specific strategy for saving money towards your goal (e.g., weekly or monthly deposit).
Interest: The extra money you earn when you keep your money in a savings account over time.
Compound interest: Interest earned on both the original amount you saved and the accumulated interest, making your money grow faster.
Financial goal: A specific and measurable objective related to your money (e.g., save $50 for a new skateboard).
Budget: A plan for how you will spend your money.
Goal
Saving
Income
Expenses
Saving plan
Interest
Compound interest
Financial goal
Budget
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Saving for your dreams isn’t just stashing coins in a piggy bank – it’s like launching a rocket ship straight towards your biggest wishes! Here’s why:

Dream Builder

Every coin you save adds fuel to your rocket, taking you closer to that epic theme park trip or that awesome new bike. Saving makes even the biggest dreams feel reachable!

Small Steps, Giant Leaps

Even saving a little each week is like collecting shiny rocket parts – soon, you’ll have everything you need to blast off! Small, consistent efforts add up fast and make your dreams feel closer than ever.

Future Friend

Planning for your dreams now is like sending a map to your future self. You’ll know exactly where you’re headed and have the fuel you need to get there, making big things feel less scary and more exciting!

Wrap Up!

So, grab your piggy bank, spark your imagination, and start saving for the incredible adventures that await! Remember, every coin adds fuel to your dreams, and the sky’s the limit when you have a rocket fueled by your own determination.