Learn how to budget and track expenses. Understand the importance of saving money. Discover different ways to save money!
Saving Money using Depth and Complexity Framework
Saving Money: this is the practice of setting aside money instead of spending it. Depth and Complexity Framework: this is a way of teaching and learning that encourages students to dig deeper and think more critically about a topic. Budgeting: this is the practice of making a plan for how to spend and save money.
The Depth and Complexity Framework helps to save money by allowing individuals to identify and understand the underlying complexities of a situation. The Framework encourages individuals to think from multiple perspectives, which can help to save money by identifying the most cost effective solutions. The Depth and Complexity Framework can help to reduce the amount of resources used, leading to cost savings in the long run.
Did you know?
Draw what you would buy if you could save $10
How can understanding the "patterns" and "ethics" of saving money help you make better financial decisions in the long run?
Work together in pairs: What strategies could you use to save money using the Depth and Complexity Framework?
Brain break: Draw a funny, quirky dinosaur playing the guitar at a rock concert
What does it mean to 'save money'?
- To give away money to others
- To keep money for future use
- To spend all your money
Why is it important to save money?
- To show off to friends
- To buy toys and treats
- To have enough for emergencies
What are some ways you can save money?
- Putting coins in a piggy bank
- Asking parents for more allowance
- Throwing money in the trash
What is the difference between 'wants' and 'needs' when it comes to spending and saving?
- Wants are things we must have, needs are things we would like t
- Needs are things we must have, wants are things we would like to have but don't necessarily need.