INtroDUCtIoN unit 6: long-term savings plan project Lesson title outcome 28: short-term wants vs . longterm needs Students differentiate between shortand long-term wants and needs . objectives * Differentiate between their individual wants and needs . * Define needs vs . wants and short-term vs . longterm . * Work in teams to organize their needs and wants according to a short-term to long-term timeline . * Reflect on the process of decision making . * Create their own academic planning grid . * Reflect on the lesson's planning grid . 29: saving for a short-term goal Students create a plan to save money for a short-term goal . * Discuss both positive and negative ways of paying for what you want/need . * Define the term " savings " and identify different places to save money . * Create a collaborative savings chain of events diagram . * Create a personal short-term savings plan for two short-term goals . * Review the steps necessary for a short-term savings plan . 30: saving for a long-term goal Students create a plan to save for a long-term goal . * Define " investment . " * explore the costs of college and ways to pay for it . * Discuss how interest is earned from investments . * Discuss benefits in different ways of saving for a long-term goal . * Create a savings plan for a long-term postsecondary goal and save a long-term goal . * Reflect on unit's learning . * Long-Term savings Plan Project * Reflection * Reflection Assessments * Deserted Island Grid * My Academic Grid * Reflection GRADe 9 sCOPe & seQUenCe XVII