Financial Literacy, Saving, and Elementary Students

I think it is critical that younger students develop an understanding of long-term planning and saving. Even though college is many years away for elementary students, there are a lot of opportunities to reinforce strategies for fiscal responsibility, which will ultimately make college a less daunting goal. Teachers can do something as simple as giving students a scenario like, "The winner of the spelling bee has the choice of getting $5 today or getting $1 every Friday for the next 6 weeks. Which prize should the winner choose and why?" This can open up a good discussion about saving for the future.

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Rounding out the AP mix is the watch that Randle had on his wrist while link we filmed the episode. This watch was Randle's treat to himself for making the All-Star link game. link Much like the moonphase, this is a fan favorite of his kids, but it's a watch that constantly reminds him of that All-Star berth. It doesn't get much better than that.

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