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Simple vs. Compound Interest Lesson
Even though the majority of financially free people have become financially free by investing in assets that produce cash flow (an important lesson we teach in Camp Millionaire and The Money Game), understanding the idea of how money grows by earning interest is an important concept. When kids (and adults actually) think of putting $10 away in an account, they don't see the big picture in terms of what can happen to that $5 over the long run.
The activity uses the students to demonstrate how money grows ever time so they can actually visualize the concept rather than just hear someone talk about it.
NOTE: This activity comes free with the purchase of The Money Game!
Price:
$14.95
More details:
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