Evaluating Investment Alternatives

Savings accounts are a great way to keep your money safe and to earn a small amount of interest. But when it comes to investing your money for the long term there are better options than a standard savings account.

In this activity, you’ll learn about the differences between a savings account, a mutual fund, and other types of investment accounts. By calculating interest for these different accounts, you’ll get a better idea of which accounts might be best for you now and in the future.

Overview

Grades 7-12

30 min

Topics

Personal Finance

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Brought to you by the University of Nebraska-Lincoln 4-H Extension. Funding support provided by Charles Schwab Foundation and its Founder. No endorsement by 4-H is implied or intended. 4-H is the youth development program for our nation’s cooperative extension system.

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Evaluating Investment Alternatives

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