📖

Setting a Saving Goal

Saving and Spending

Day 154of 180
Week 31of 36
25Minutes
← Day 153Day 154 of 180Day 155 →
🖨️ Download Worksheet (PDF)
🎯 What You'll Learn

Learning Objectives

1

Understand how to set a saving goal

2

Learn the importance of planning to save money

3

Practice making a simple savings plan

📖 Scripture Connection

Proverbs 21:20

“There is precious treasure and oil in the dwelling of the wise, but a foolish man swallows it up.”

— Proverbs 21:20 (WEB)

God wants us to be wise with our money and plan carefully

📦 Materials Needed

  • Colorful poster board
  • Markers
  • Stickers
  • Scissors
  • Glue
  • Pictures from magazines
  • Saving goal worksheet
📚 Step-by-Step

Lesson Plan

1Opening (5 min)

Gather children in a circle and ask about something special they would like to save money to buy. Explain that today we will learn how to make a saving goal.

💭 Review Question: What is something you really want but costs more money than you have right now?
2Teaching (8 min)

When we want something special, we can make a plan to save money. A saving goal helps us remember what we want and how we will get it.

📌 Key Talking Points:
  • Choose something you really want
  • Find out how much it costs
  • Decide how you can save money
  • Track your progress
💬 Discussion Questions:
  • What might be a good thing to save for?
  • How could you save money to reach your goal?
3Activity: My Saving Goal Poster (10 min)
hands-on craft

Children will create a colorful poster showing their saving goal

📝 Instructions:
  1. Draw or glue a picture of what you want to save for
  2. Write the total cost of the item
  3. Create spaces to mark your saving progress
  4. Decorate your poster
🔄 Variations:

Simpler: Use pre-printed worksheet with saving goal spaces

Challenge: Calculate how many weeks it might take to save

4Closing (2 min)

Review what we learned about setting saving goals

📝 Review Questions:
  • What is a saving goal?
  • Why is it good to plan before spending?
🙏 Prayer:

Dear Jesus, help us be wise with the money You give us and learn to save carefully.

Coming up: Tomorrow we will learn about how saving can help us and others

💎 Memory Verse

Proverbs 21:20

“There is precious treasure in the dwelling of the wise”

— Proverbs 21:20 (WEB)

🎯 Activity: Create a hand motion where children pretend to carefully put coins in a piggy bank

👨‍👩‍👧 For Parents

Teaching Notes

📚 Background:

Teaching financial literacy starts early by helping children understand goal-setting and delayed gratification

💡 Teaching Tips:
  • Encourage realistic goals
  • Help child break down larger goals into smaller steps
  • Use positive reinforcement
🤔 Common Struggles:

Children may get discouraged if saving takes a long time

👀 Signs of Understanding:

Understanding of basic saving concept and excitement about goal

🚀 Want More?

Extension Activities

  • Create a home savings jar
  • Play store games practicing saving
  • Read children's books about saving money

Ready for Tomorrow?

Great job completing today's lesson!

Continue to Day 155 →Back to History & Social Studies