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This teacher needs your help!

Mrs. Hobby from Monticello, GA is requesting supplies through DonorsChoose, the most trusted classroom funding site for teachers.

See what Mrs. Hobby is requesting

Smart Saving Strategies - Financial Literacy in 1st Grade

My students need jars, labels, storage bins, and books to create individual spending, saving, investing, and giving banks to increase their financial literacy.

  • $989 goal

Hooray! This project is fully funded

Hooray! This project is fully funded

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Help Mrs. Hobby

My Students

It is difficult to balance a budget and save money even as an adult, yet we want students to understand abstract economic concepts such as needs and wants and goods and services. Young students need real-world experiences with saving money, in order to develop important financial literacy skills.

First grade students learn best when they experience concepts through real-world application.

Even at a young age, they are learning to save money. They are also developing an understanding of needs and wants. In our small, rural town helping others is an important part of our community. Creating and designing their own saving banks will enable them to take ownership of their saving and spending, which can sometimes be a difficult concept for them to understand.

My Project

Each student will create four savings banks (mason jars): a spending bank (to teach them to become a wise shopper), a saving bank (to show them if you save over even a short time money grows), an investing bank (to save money for long term plans like college), and a giving bank (to learn select causes that are important to them and make donations). They will use the labels, chalk markers, and stickers to decorate the banks and storage cubes. The cubes will also provide a decorative and safe place to store banks at home. Students will set individual savings goals (with the help of parents), and track savings and spending with a data collection graph that will be sent home in weekly folders. They often make connections with characters in the children's literature read in class. In order for them to understand the purpose of developing a banking system, we will read about children who have learned to save and spend wisely. The requested books will motivate them to save.

It is so important that students develop financial literacy at a young age.

Education must go beyond simply teaching children to count money, we must also teach them the importance of saving money, helping others, and setting goals. Your generous donations will make it possible for my students to develop their own hands-on banking system where they will design the savings banks, develop financial responsibility, and apply the economic concepts of spending and saving.

Mrs. Hobby Jasper County Primary School Grades PreK-2

More about Mrs. Hobby

Monticello, GA View local requests

More than half of students from low‑income households Data about students' economic need comes from the National Center for Education Statistics, via our partners at MDR Education. Learn more

16 students impacted 1donor

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Where Your Donation Goes

Materials Cost Quantity Total
Cupture® Double Wall Insulated Plastic Mason Jar Tumbler Mug with Striped Straws - 20 oz, 3 Pack • Amazon $17.99 22 $395.78
Household Essentials Cube Set with Lids, Navy, 2-Pack • Amazon $22.99 2 $45.98
Household Essentials Cube Set with Lids, Red, 2-Pack • Amazon $19.97 2 $39.94
Superchalks™ Color Liquid Chalk Marker Pens 8-pack - 4mm Regular Tip - Brilliant Bold Colors • Amazon $18.77 1 $18.77
Household Essentials Cube Set with Lids, Aqua, 2-Pack • Amazon $22.99 1 $22.99
Household Essentials Cube Set with Lids, Purple, 2-Pack • Amazon $22.99 1 $22.99
Household Essentials Cube Set with Lids, Yellow, 2-Pack • Amazon $22.99 1 $22.99
Chalkboard Labels, Premium Waterproof Peel and Stick for Jars, Pantries, Craft Rooms • Amazon $10.97 2 $21.94
Household Essentials Storage Cubes/Box with Lids, Small, Kelly Green, 2-Pack • Amazon $19.97 1 $19.97
Needs and Wants (Pebble Books) • Amazon $16.10 1 $16.10
Creative Teaching Press Coins Stickers (4128) • Amazon $3.59 4 $14.36
The Hard-Times Jar • Amazon $14.06 1 $14.06
The Coin Counting Book • Amazon $7.54 1 $7.54
Pigs Will Be Pigs: Fun with Math and Money (Fun with Math & Money) • Amazon $7.54 1 $7.54
A Chair for My Mother 25th Anniversary Edition (Reading Rainbow Books) • Amazon $6.99 1 $6.99
Bunny Money (Max and Ruby) • Amazon $6.97 1 $6.97
The Monster Money Book • Amazon $6.50 1 $6.50
Lily Learns about Wants and Needs (Cloverleaf Books - Money Basics) • Amazon $6.49 1 $6.49
Follow the Money! • Amazon $6.40 1 $6.40
Those Shoes • Amazon $6.00 1 $6.00
The Penny Pot (MathStart 3) • Amazon $5.99 1 $5.99
Tight Times (Picture Puffins) • Amazon $5.99 1 $5.99
More or Less (MathStart 2) • Amazon $5.99 1 $5.99
The Berenstain Bears' Dollars and Sense • Amazon $4.99 1 $4.99
The Berenstain Bears' Trouble with Money • Amazon $4.99 1 $4.99
The Berenstain Bears Think of Those in Need (First Time Books(R)) • Amazon $4.99 1 $4.99
Little Critter: Just Saving My Money (My First I Can Read) • Amazon $3.99 1 $3.99

Materials cost

$747.23

Vendor shipping charges

FREE

Sales tax

$51.56

3rd party payment processing fee

$11.21

Fulfillment labor & materials

$30.00

Total project cost

$840.00

Suggested donation to help DonorsChoose reach more classrooms

$148.24

Total project goal

$988.24

How we calculate what's needed

Total project goal

$988.24

1 Donor

-$988.24

Donations toward project cost

-$840.00

Donations to help DonorsChoose reach more classrooms

-$148.24

Still needed View calculationHide calculation

$0.00

Our team works hard to negotiate the best pricing and selections available.

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Project Activity

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