Time needed: 20–30 minutes
Part of financial literacy is learning about the difference between saving and investing. Saving is putting money aside to reach your goals. Investing is putting money into something so that the money’s value will grow over time. Investing also involves risk. In this financial literacy activity, kids will play a money game to learn about investing and financial risk.
Volunteer acts as the banker and gives each Junior “investor” five pennies.
Ask Juniors (4th and 5th graders) to each place one or more pennies in front of them as their investment. Make sure they know that they keep pennies aside and can decide how many they want to invest. Remind them there might be a chance to gain more pennies or lose all their investment.
For each round, pick and read one slip of paper. (Make sure to put it aside and don’t add it back in with the unselected papers.)
If it’s the number “one,” you’d give one penny to each Junior that invested.
If it’s “two,” you’d double their investment of whatever number of pennies they invested.
If it’s “zero,” everyone loses their investment and gives their penny or pennies to the bank.
Let Juniors know that with each round, they can invest more pennies if they want, or save and set aside whatever pennies they want. Or they can choose not to invest at all.
Play until there are no more papers.
Troop Leaders: The instructions for all badge steps are available free of charge in the Girl Scout Volunteer Toolkit.
Girl Scout Activity Zone activities have been adapted from existing Girl Scout programming.
Adapted from Step 4 of the Juniors My Money Plan badge. Purchase the badge booklet to complete all requirements and earn the badge.
Made possible by a generous grant from Charles Schwab.