Lesson 2: Savings and Giving


Anytime you receive money, it is a good idea to budget how you want to use it before you spend it. Make sure you put some money into each of these three categories: Saving, Giving, and Spending. Putting money into savings first helps you reach bigger savings goals in the future, and ensures that you don’t spend it on accident.

Giving to others can be a very rewarding feeling, especially when you are helping someone who really needs it. Make sure to put some money into a piggy bank labeled “Giving.” You can donate this money to a local charity or you can use it to do things like helping a friend buy lunch at school.

After you have set aside some of your money into these categories, you can set a budget for how you want to spend the rest of your money to buy something for yourself.

Activity Resources:

Texas Bank and Trust 2021

Member FDIC