Saving and investment instruments: Which to choose and why - Learning Outcomes
Banking
,
Budget and cash flow
,
Investment funds
,
Lesson Plan
,
Secondary: 11-13 years
,
Home Economics
,
English
Curriculum Area: (1) Home Economics: Coursework; (2) English: Creative writing and dramatisation
Age Group: 12-13 years [Form 2]
Level: Lower Secondary
Related Fact Sheets: Budget and Cash Flow; Investment Funds; Banking
This lesson looks into the different ways a person can save or invest money. It encourages critical reflection on the advantages and disadvantages of the different saving and investment instruments available on the market.
Aim
To analyse the advantages and disadvantages of different types of saving and investment options.
Learning Outcomes:
Skills
- Critically assess the advantages and disadvantages of saving and investment options before choosing the most suitable for a given situation
- Consider responsibly the consequences of their choice of saving or investment instruments.
Attitudes
- Acknowledge that there are various influences which affect the choice of saving or investment instruments
- Appreciate the need for asking questions before purchasing saving or investment instruments
Knowledge and understanding
- List various types of saving and investment instruments
- Describe main features of the various types of saving and investment instruments
Time
2 sessions of 45 minutes each
