> ## Documentation Index
> Fetch the complete documentation index at: https://help.classcents.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Savings

> How students save for goals using their Savings Account

## Overview

Students have access to a personal **Savings Account** where they can set money aside, separate from their spending balance — all from their own dashboard. This feature teaches real-world financial planning skills in an engaging, visual way.

<img src="https://mintcdn.com/joshuamakes/G5j-M0tSaQs4mL9T/images/students/student-goals.png?fit=max&auto=format&n=G5j-M0tSaQs4mL9T&q=85&s=fb51a7bb64593f8c3bf79f562c2ffece" alt="Student goals and savings progress view" width="1600" height="1000" data-path="images/students/student-goals.png" />

## Savings Account

The Savings Account feature teaches students the value of setting money aside. Students access it from their dashboard navigation.

### Three Balance Cards

<CardGroup cols={3}>
  <Card title="Spending Balance" icon="wallet">
    Available for purchases right now
  </Card>

  <Card title="Savings Account" icon="piggy-bank">
    Saved for later — shows percentage of total assets
  </Card>

  <Card title="Total Assets" icon="coins">
    Combined spending + savings balance
  </Card>
</CardGroup>

### Transferring Money

Students can move money between their spending and savings accounts:

<Tabs>
  <Tab title="Save Money (To Savings)">
    <Steps>
      <Step title="Enter Amount">
        Type the amount to save, or click **Max** to transfer the full spending balance
      </Step>

      <Step title="Click Save">
        Money moves instantly from spending to savings
      </Step>

      <Step title="Celebrate!">
        A confetti animation celebrates the student's savings decision
      </Step>
    </Steps>
  </Tab>

  <Tab title="Withdraw (From Savings)">
    <Steps>
      <Step title="Switch to Withdraw Tab">
        Click the **From Savings** tab
      </Step>

      <Step title="Enter Amount">
        Type the amount to withdraw, or click **Max** for the full savings balance
      </Step>

      <Step title="Click Withdraw">
        Money moves back to the spending balance immediately
      </Step>
    </Steps>
  </Tab>
</Tabs>

### Transfer History

Students can review their past transfers showing:

* Date and time of each transfer
* Amount transferred
* Direction (→ to savings or ← from savings)
* Resulting balances after the transfer

## Savings Tips for Students

<AccordionGroup>
  <Accordion title="Pay Yourself First" icon="piggy-bank">
    When you get paid from your classroom job, move some money to savings **before** spending on rewards. Even a small amount adds up over time!
  </Accordion>

  <Accordion title="The 50/30/20 Rule" icon="chart-pie">
    Try dividing your income:

    * **50%**: Save for big goals
    * **30%**: Spend on medium rewards
    * **20%**: Fun small purchases
  </Accordion>

  <Accordion title="Save for Auctions" icon="gavel">
    Big rewards come up in auctions — having savings set aside means you can bid confidently.
  </Accordion>
</AccordionGroup>

## For Teachers: Encouraging Good Saving

<Tip>
  **Celebrate savers!** Publicly recognize students who use their savings accounts effectively. This encourages others to save too.
</Tip>

## Related Topics

<CardGroup cols={2}>
  <Card title="Classroom Jobs" icon="briefcase" href="/advanced/jobs">
    Earning income through paid classroom jobs
  </Card>

  <Card title="Earning & Spending" icon="coins" href="/students/earning-spending">
    All the ways students earn and spend currency
  </Card>

  <Card title="Student Dashboard" icon="smartphone" href="/students/accessing-dashboard">
    Overview of everything students can access
  </Card>
</CardGroup>