In the "Interest Rate" box, experiment with how different accounts will yield different rates:

Short Term Savings (saving for something like a bicycle or computer)

• At home in a piggy bank: 0%
• Savings account at a bank or credit union: 3%
• Certificate of Deposit (CD) at a bank or credit union: 5%

Intermediate Term Savings (saving for something like college, a car, or a vacation)

• Certificate of Deposit (CD) at a bank or credit union: 5%
• U.S. Savings Bond: 5%
• Mutual Fund: 6-8%

Long Term Savings (saving for something like a house or retirement)

• Mutual Fund: 8-10%
• Stocks: 8-10%

	Amount you'd like to put aside each month: How long you'd like to save it for: Months Years Interest rate on savings: % Congrats! You will have saved up:

The savings calculator is courtesy of In the Mix,
the national PBS teen series. You'll find more about this program, video clips, a discussion guide, money tips
and resources on the companion website http://www.pbs.org/inthemix/shows/show_money.html.