Investing Regularly
T.i.P.S.
Students need to understand that money invested or the principle balance grows as interest is earned over various lengths of time and different interest rates.
Example
If Maggie’s family invests $15,000 into a savings account that earns 6.75% interest compounded annually, what will be the total value in the account after 10 years?
Digital Tools
Click on the following links for interactive games.Resources
Click on the following links for more information.
Federal Reserve System’s Resources for Educators
Teacher Online Resource Center
Money Smart Train-the-Trainer Videos
TEKS
Supporting Standard 8.12 Personal financial literacy. The student applies mathematical process standards to develop an economic way of thinking and problem solving useful in one's life as a knowledgeable consumer and investor. The student is expected to:(C) explain how small amounts of money invested regularly, including money saved for college and retirement, grow over time
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