Lesson 406

How to Make a Million Bucks

Students go through a compound interest exerice and develop charts to illustrate the power of saving young and often.

What Students Learn

  • You don't need to save a million, only enough so that it grows into a million
  • The power of compound interest
  • To become a millionaire you need to work, spend less than you make, and save

Suggested Time

  • Preview and Episode Viewing: 45 minutes
  • Activity 1: 30-45 minutes

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