Chapter Three Review
IN THIS LESSON
This 90-second module transforms "Make 70 Your 100" from abstract concept into concrete reality by showing students exactly what their financial life could look like if they follow the plan. Dale moves students from "Should I do this?" to "This is what could happen if I do this."
The chart he references maps out a lifetime following 70/20/10 starting at age 23, revealing that by retirement, students could have millions saved while having given away hundreds of thousands. Dale wants students to see that wealth-building and generosity aren't opposing goals but complementary ones.
Dale clarifies: "There are no guarantees in life" with investing, but "this plan isn't magic, it's math." Problems "land lighter" when you live on much less than you make. This isn't just about accumulating wealth but creating breathing room. The two discussion questions identify whether students are motivated by personal security or impact on others, then ask the commitment checkpoint: "Do you believe this could actually happen for you?" Your job is facilitating honest conversation, allowing skeptical students to voice concerns while believers articulate why it's possible.
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Key Illustrations Referenced:
Fig. 1: "A Saving and Giving Story" ($36,000 starting salary example showing $5.2 million at retirement and $437,000 given away)
Fig. 2: "A Saving and Giving Story" ($12,000 starting salary example showing $1.7 million at retirement and $140,000 given away)
Action Items:
Open Your book to the "A Saving and Giving Story" chart (students may need to rotate book)
Point out Column 4 (70% living), Column 5 (20% saving/investing), Column 8 (10% giving)
Ask students: "What surprises you more, the savings amount or the giving amount?"
Have students discuss with their AP: "Do you believe this could actually happen for you? Why or why not?"
Notes:
The charts assume 8% average annual stock market returns and 4% annual salary increases
These are hypothetical examples with no guarantees (see disclaimer in book)
Remind students this principle doesn't care about family background, education level, race or national origin. As Dale says, “Money doesn’t care!”
