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Interactive video lesson plan for: How to Teach the Rule of 72 to Kids

Activity overview:

http://www.kidnexions.com How to teach the Rule of 72 to kids in grades 5-8

Compound interest is money that grows on itself. I like to tell students that it's free money. And it is. We call it passive income...income we receive for doing the work once and then letting the compounding take over.

This super easy lesson is a great, hands-on way to show kids how long it would take for their money to double given a specific interest rate. It really underscores for kids the time value of money.

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Tagged under: rule 72,financial literacy,educational,compound interest,kids money,teaching finance,instructional video,parenting, power compound interest,lesson compound interest,teaching kids money,karyn hodgens,kidnexions

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