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Week 3 · Youth & Families

Saving Strategies

Set a goal, predict the wait, and keep a plan you make with your family.

Why we save

Saving isn't about depriving yourself — it's about giving yourself options. When you have money saved, you choose based on what you want, not just what you can afford right now. Every goal has a real price: the money and the wait. This week you'll measure both.

Step 1 · Predict

🎯 Build your goal — then predict the wait

Pick something real you want. Before you do any math, guess how many weeks it takes to save for it. Then reveal the math and see how close you were — the gap is the lesson.

① Your goal
Step 2 · Verify

🔎 Does saving in dollars actually work?

Saving is only half the question — what you save in matters too. Don't take our word for it. Play out ten years of saving in dollars, then check the alternative against live data.

Play it out: you save $1,000 you won't touch for 10 years. Where do you put it?

Inflation ~3%/yr (a long-run average) · savings account 0.5% · no asset-price claims — the live 21-million check is its own step below.

Step 3 · Keep

📄 Your Savings Goal — keep it

The plan you just built is yours. Print it or save it as a PDF, and put it where you'll see it. A goal you can look at is a goal you'll reach.

Step 4 · Share

💬 Pass the phone

Bring a parent or guardian into your plan — this is how a goal becomes real.

💡 Quick saving tips

Pay yourself first

When money comes in (job, allowance, birthday), move 10–20% to savings before you spend anything else.

Use the 24-hour rule

Want something? Wait a day. If you still want it and it fits your plan, go for it.

Make it automatic

Set up an automatic transfer to savings so you don't have to decide every time.

🎯 Ready for Week 4?

Next week: emergency funds and financial safety nets — the buffer that protects every goal you just set.

Continue to Week 4 →