Progressive Sub-Goals
Introduction
Understands the concept of compound interest and can explain it using the Rule of 72
Developing
Calculates future value of investments using compound interest formula, compares different compounding periods
Mastery
Models long-term wealth growth in spreadsheets, understands how starting early creates exponential advantage
Learning Resources
All About Warren Buffett: A Kid's Guide to the World's Greatest Investor by Shah Rukh
View on AmazonUSA
Related Skills to Explore
#11 Object Permanence
Cognitive & Strategic • Age 0 (0-12 months)
Tracks objects with eyes as they move
#12 Sensory Exploration
Cognitive & Strategic • Age 0 (0-12 months)
Explores objects with hands and mouth
#13 Cause & Effect Understanding
Cognitive & Strategic • Age 0 (0-12 months)
Accidentally discovers actions have effects
#236 Starting a Business
Academic & Career • Ages 9-12
Launches a real business with a business plan
#237 Index Fund Investing
Academic & Career • Ages 9-12
Opens a custodial investment account and understands what an index fund is
#238 Negotiation
Academic & Career • Ages 9-12
Negotiates a price at a garage sale