Think ABOUT…
HOW WILL YOU PAY FOR COLLEGE?
As a sixth grader, there are things you can do now to pay for college later, including earning and saving money. If possible, your parents should also start saving money for your future education. We’ll show you how that money can add up!
There are things you want to buy with the money you earn, right? That means you should save some of that money.
Here are some examples:
Short-term purchase:
If you make $20 a week mowing your neighbor’s lawn and want to buy $160 headphones, how many weeks will it take you to earn that money?
20
160
= _______ weeks or _______ months
That won’t take so long, right? A little bit of patience can pay off!
Long-term purchase:
Let’s say you make $40 a month babysitting and want to buy a used car by the time you’re 16 at an estimated cost of $3,000. Do the math.
$40 per month 12 months __________
x
= $ _______ x 4 years (That’s when you’ll turn 16!) = $ _______
You may need to do more than babysit to earn money for the car!
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