Interdisciplinary Vocabulary Assignment

Disciplinary Vocabulary Strategies Lesson

Taylirre Mack

May 30, 2014

RED6545

Saving Money

Standard SS.1.E.1.5: Recognize the importance of saving money for future purchases.

CCSS.ELA-Literacy.CCRA.R.1: Read Closely-Evidence & Inferences

CCSS.ELA-Literacy.CCRA.R.9 Analyze how two or more texts address similar topics

CCSS.ELA-Literacy.CCRA.R.4 Interpret words and phrases as they are used in a text

CCSS.ELA-Literacy.CCRA.W.2 Write informative/explanatory texts

CCSS.ELA-Literacy.CCRA.L.6 Acquire and use accurately a range of general academic and domain-specific words and phrases sufficient for reading, writing, speaking, and listening

Vocabulary: saving, wants, needs, invest, goods, services, budget, goals, bank, deposit

Investigate with Fiction Text

Comprehension Questions

How much money did Alexander get last Sunday from his Grandma and Grandpa?

$1.00

What could Alexander do with the money he received?

He could spend it to purchase goods and services. He also could save the dollar or give some or all of it away.

What was Alexander’s main problem in the story?

He simply couldn’t keep from spending his scarce money or losing it through unwise decisions.

Comprehension Questionscontinued

In the story Alexander said, “Saving is hard.” Why is saving hard for many people?

Saving requires the discipline to forgo current consumption in order to enjoy consumption later on. (Hopefully more consumption, because of the interest earned on savings.)

Where do people often save their money?

People often save at a bank or credit union, using savings accounts, money market accounts, certificates of deposit, etc. People also purchase stocks and bonds with their savings in the hope of earning dividends and interest.

Why do people save their money at a bank or credit union?

They usually earn interest on their savings deposits.

Investigate with Informational Text

Go to website and explore links.

http://pbskids.org/itsmylife/money/managing/index.html

Answer the following questions:

1. How do you decide when to spend and when to save?

2. Make a list of 3 needs and 3 wants.

3. What is an example of a money goal?

4. What is a budget?

5. Create a savings plan for 3 items that you want.

Investigate with Informational Text Choice #1

Watch the video about saving:

http://pbskids.org/cyberchase/videos/working-twice-as-hard-to-save-twice-as-much/

Read the comic about saving:

http://kids.usa.gov/web_resources/themes/kidsgov/pdfs/Comic_Kids_FINAL.pdf

Report Choice #1

Use this website:

http://www.readwritethink.org/files/resources/interactives/comic/

Create your own comic strip about helping your family save money.

Investigate with Informational TextChoice #2

Watch the video about saving:

http://pbskids.org/cyberchase/videos/working-twice-as-hard-to-save-twice-as-much/

Read the acrostic poem about saving money in your home:

http://piersdriver.blogspot.com/2009/06/acrostic-poem.html

Report Choice #2

Use this website:

http://www.readwritethink.org/files/resources/interactives/acrostic/

Create an acrostic poem about a way to save money.