Student Worksheet — Session 4: Saving & Goals

Money, Values & You · 6th Grade Financial Literacy
Part 1 — Vocabulary (write the definition in your own words)
Savings
Short-Term Goal
Long-Term Goal
Delayed Gratification
Compound Interest
Emergency Fund
Part 2 — Key Concepts (fill in the blanks)
Putting money aside for your future self instead of spending it now is called             .
A short-term goal takes          to achieve. A long-term goal takes          to achieve.
Resisting the urge to spend now so you can have something bigger later is called                         .
To find out how many weeks it takes to reach a savings goal, use this formula: Cost ÷              = Weeks.
Part 3 — My Goal Planner

Fill in your personal savings goal below. Make it something you actually want!

My savings goal:

It costs: $

I can save per week: $

Show your math:

Cost ($_____) ÷ Weekly savings ($_____) = _____ weeks to reach my goal

Target date:

One obstacle I might face:

Bonus: If I save $1 more per week, I reach my goal _____ weeks earlier.

Part 4 — Savings Math Practice

If you save $8 every week, how much do you have after:

4 weeks
$
8 weeks
$
12 weeks
$
26 weeks
$

What could you buy with the 26-week total?

Part 5 — Journal Prompt

"What's one financial goal I have right now? How much does it cost? How long would it take to save for it?"

Take-Home Challenge — 4-Week Savings Tracker

Put $1 in a safe place today. Write down your goal. Track your savings for 4 weeks.

My goal:  

Money, Values & You · Session 4 Student Worksheet · sdabagh.github.io/learn/financial-literacy