Session 3

CHA-CHING

BANK BOOK
Concepts
Save
Overview
Short-term goal
Long-term goal
Introduction
The students will make a money box that can help them understand the importance
of saving. For older aged group, they also have a chance to make their own saving
plan.
Skills
Listening Objectives
Observation
The students will:
Analyzing
• Learn that if you would like something, you have to save for it.
Designing
• Understand that putting money in the bank / money box helps us save.
Planning • Realize that the less you spend, the more you save.
Presentation

Time
40 - 45 minutes.

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Session Outline

Introduction and Cha-Ching Music Video

Display the money box.

Display the Cha-Ching music video: “Grow Money”.

Discussion on Concepts

Define save, afford, short-term goal and long-term goal.

Activities and Presentation

Distribute the cardboard money boxes to all students and invite them
to decorate and color it.

For older students, also distribute the saving challenge and guide
them to plan their daily saving amount in order to achieve their goals.
Invite students to share ideas.

Summary

Remind students that a good saving habit and plan will be helpful for
them to achieve their goals.

Invite students to bring home the cardboard money box for future
saving. For older students, ask them to also bring home the saving
challenge.

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 Preparation
Review the activities and list of materials.

Teacher will also need to bring personal money box as props.

Familiarize yourself with the concept of Save to better address possible questions
from the students. See the definition on Page 37 to help you prepare.

For visual learners, write all key terms on the board.

Arrange to distribute cardboard money boxes to students at the close of the activities.
For older aged group, also arrange to distribute the saving challenge. The money
boxes and worksheets are take-home pieces for students to share with their families.

Materials
• Cha-Ching Music Videos (1 for each class)
• Cardboard Money Boxes (S3-1) (1 for each student)
• Saving Challenge (for older aged group) (S3-2) - in Student Booklet (1 for each
student)
• Take Home Activities Notes - Session 3 (S3-3) - in Student Booklet (1 for each
student)
• Facility to Display Cha-Ching Music Videos (not in kit)
• Pencils (not in kit)
• Color Pencils (not in kit)

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Step by Step Presentation
Introduction &
Cha-Ching Music
Video
1. Introduction and Cha-Ching Music Video 5 minutes

Greet the students and briefly recap what was discussed in their previous meeting.

Explain to students that we are going to watch a video about Save. Ask students the
Save refers to keep
following questions. Invite a few answers from different students before revealing the
money now for later
answer. use so as to realize
short-term goals (e.g.
buy a candy) or long
• What does Save mean? term goals (e.g. go to
university).
• Do you have a money box at home?
• Do you save money? How? (Answer: Put money in the bank / money box?)
• Why do you save money?

Explain to students that when we would like something which we cannot afford at the Afford refers to have
moment (define afford as having enough money to pay for something), we have to enough money to pay
for something.
save for it. The less we spend, the more we save. To keep us from spending too much,
we can put money regularly in our money box. After a while, we will be able to save
up enough money to pay for the thing that we would like but could not afford before.

Highlight to students that the video they are about to watch answers these questions,
Short-term
“How can I save to get that?”(The short term goal). Explain to students that Short-term goal refers to an
goal refers to an achievement one aims to obtain over in a short period of time, where achievement one aims
to obtain over a short
a Long-term goal refers to an achievement one aims to get over a long period of time
period of time.
(e.g. something big you would like to have later, such as university education, a car, a
house). Encourage students to watch attentively and see how Bobby saves to get what
he would like.
Long-term
Show the following music video: goal refers to an
achievement one
• Grow Money aims to get over a
long period of time.

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 2. Discussion on Concepts
Discussion on
concepts Ask the following questions about the video. Invite a few answers from different
10 minutes
students before revealing the answer.

• What did Bobby really like? (Answer: A drum set)

• Bobby was a hard worker but his money always seemed to disappear. What did
he do that makes his money go away? (Answer: He wasted his money playing
arcade games and buying candy, magazines, games, cards and action figures.)
• What did Prudence tell Bobby that he needed to do to get the drum set? (Answer:
Bobby needed to learn to set a short-term goal and not to get distracted; to watch
the money he earned; to give spending a break; and to put back “wants” items to
help grow his money and keep his saving plan on track.)
• In the end, did Bobby get his drum set (Short Term Goal)? How? (Answer: He
chose not to spend all the money he earned, so his money grew until he could
finally afford it.)

Key Questions on Concepts

Ask the following questions. Invite a few answers from different students before
revealing the answer.

• Why do people want to save money? (Answer: To buy food, a phone, house, pay
for university etc.)
Delayed gratification
refers to the ability to • What is considered good saving habit? (Answer: To keep track of spending habits,
resist the temptation not to spend all money right away, not to get distracted by other things, exercise
for an immediate delayed gratification, put money in the money box / bank, save money regularly
reward and wait for a
later reward. etc.)
• Why is it important to have a good saving habit? (Answer: it helps us achieve our
short-term and long-term goal.)
• How can you save money? (Answer: Spend less especially on things not required
and put money in the money box or bank.)

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3. Activities and Presentation
Identify the age group of the students. Activities and
Presentation
20 - 25 minutes
For younger students, cardboard money boxes are used for take home activities.

For older students, cardboard money boxes are used during session with
supplementary materials for take home activities.

For younger students (Suggested: Primary 2-3 students):

Ask students the following questions. Invite a few answers from different students.

• Do you have a money box?

• What do you use it for?
• Do you ever spend the money you put in your money box? For what?
• Do you have something you would like to save for?
• How much does it cost?
• How do you save for it? (Answer: Spend less and put money in the money box and
/ or bank.)
• Why do we save? (Answer: To get what we would like, such as food, a phone,
house, pay for university etc.)

Take Home Activities from Session 3 – Save

Take Home Activities Notes and Instructions for Family – Money Box and Saving Challenge

For younger students (Primary 2-3)

In session 3, students learned about the importance of saving, ways to save and the idea that the less money we
spend, the more we can save.

The concept of the Money Box was introduced to students in this session. A cardboard money box was distributed

Distribute a cardboard money

to every student. As take home activities, please guide your child to write out his/her saving goal on the Money Box
and decorate it. Encourage and remind your child to save money for the saving goal from now on.

Have fun in the activityFor

as you canstudents
older be amazed by your4-6)
(Primary child’s determination in the money saving process
tin achieving his/her savings goal!

box to each student. Ask students In session 3, students learned about the importance of saving, ways to save and the idea that
the less money we spend, the more we can save.

There are two parts to the take home activities for this session the “Money Box” and the

to write out their saving goals on

“Saving Challenge”. The concept of the Money Box was introduced to students in this session.
A cardboard money box was distributed to every student, please guide your child to write out
his/her saving goal on the Money Box and decorate it. Encourage and remind your child to
save money for the saving goal from now on.

the box, then color and decorate it. On the “Saving Challenge”, encourage and guide your child to record the money he/she
receives (earn) and spends daily and/or weekly. Guide your child to estimate the amount and
the time needed to achieve his/her savings target. Have fun in the activity as you can be
amazed by your child’s determination in the money saving process towards his/her goal!

Encourage students to bring it home S3-3 Take Home Ac�vi�es Notes – Session 3

to continue to save for their goals. S3-3 Take Home Activities Notes – Session 3

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 Distribute Cardboard Money Boxes

Money Box of: Saving

Tujuan
Goal:
Menabung:

Money
Celengan
Box Money
Celengan
Box

Celengan Pop-Up (S3-1)

S3-1 Cardboard Money Boxes

For older students (Suggested: Primary 4-6 students):

Ask students the following questions. Invite a few answers from different students.

• Do you have something you would like to save for in the short-run / long-run?
• How much does it cost?
• How do you save for it? (Answer: Spend less and put money in the money box
and / or bank.)
• Why do we save? (Answer: To get what we would like, such as food, a phone,
house, pay for university etc.)

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 Class Discussions and Take Home Activities

Distribute a cardboard money box to each student. Ask students to write

out their saving goals on the box, then color and decorate it. Tell students to
bring it home to continue to save for their goals.
210mm

Name:

Saving Challenge My Goal:

Estimated cost:

Date Earn (a) Spend (b) Saving (c)

(per day / per week) = (a) - (b)

297mm

Total (a) = Total (b) = Total (c) =

How long does it take to meet my saving target:

days/week
S3-2 Saving Challenge

S3-2 Saving Challenge

Take Home Activities from Session 3 – Save

Notes and Instructions for Family – Money Box and Saving Challenge

For younger students (Primary 2-3)

In session 3, students learned about the importance of saving, ways to save and the idea that the less money we
spend, the more we can save.

The concept of the Money Box was introduced to students in this session. A cardboard money box was distributed
to every student. As take home activities, please guide your child to write out his/her saving goal on the Money Box
and decorate it. Encourage and remind your child to save money for the saving goal from now on.

Have fun in the activityFor

as you canstudents
older be amazed by your4-6)
(Primary child’s determination in the money saving process
tin achieving his/her savings goal!
In session 3, students learned about the importance of saving, ways to save and the idea that
the less money we spend, the more we can save.

There are two parts to the take home activities for this session the “Money Box” and the
“Saving Challenge”. The concept of the Money Box was introduced to students in this session.
A cardboard money box was distributed to every student, please guide your child to write out
his/her saving goal on the Money Box and decorate it. Encourage and remind your child to
save money for the saving goal from now on.

On the “Saving Challenge”, encourage and guide your child to record the money he/she
receives (earn) and spends daily and/or weekly. Guide your child to estimate the amount and
the time needed to achieve his/her savings target. Have fun in the activity as you can be
amazed by your child’s determination in the money saving process towards his/her goal!

S3-3 Take Home Ac�vi�es Notes – Session 3

S3-3 Take Home Activities Notes – Session 3

In addition to the cardboard money box, distribute a saving challenge to

Earn refers to receive
students. Encourage students to record the money they receive (Earn) and income for work or
spend daily and / or weekly. Explain to students Earn refers to receiving services
income for work or services and Spend refers to using money to buy
things or services. Also, remind students to record the amount of money
and time duration they plan to save in order to achieve their goal.
Spend refers to use
Invite 3-4 students to share their plans. Teacher may compare the students’ money to buy things
or services.
plans for further discussion. Also encourage them to bring the plan home
to share with families.

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 4. Summary
Summary
5 minutes Review with students:

• What is save?
• Why is it important to save?
• What are the things you can do to help you save when you would like to buy
something?

Remind students that a good saving habit and plan will help them achieve their goals.
Invite students to bring home the cardboard money box and use it for saving. (For
older students: Also encourage them to bring home the saving challenge to show
their families and try to share their saving plans in the coming week.)

Optional: Replay the music video if students are interested.

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