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Ages 10+ · Money · Retirement and freedom
Employer match: free money
Coins in each jar01234564Dara6Ezra2Fen0Gilcoins
What went into each jar after one pay day.
The big ideaA match is extra pay: the boss adds coins to your jar when you add yours.

How it works

Oba the boss pinned up a notice: "Add a coin, I add one, up to two a pay day." That is a match.

A match is extra pay. It follows the coins you add yourself, up to a cap. Add nothing, and no match comes.

A match helps keep good workers and helps them save, so everybody gains a little.

Real matches come with rules, like how long a worker must stay. A grown-up can explain the ones near you.

Ezra adds four coinsOba matches up to twoSix coins in the jar
Ezra's pay day.
Adds, so gets a match• Dara adds 2, Oba adds 2• Ezra adds 4, Oba adds 2• Fen adds 1, Oba adds 1Adds nothing• Gil adds 0• Oba adds 0• Gil's jar gets none
Four friends, four jars.

Example 1: Dara's pay day

  1. Dara adds 2 coins and Oba adds 2.
  2. 2 + 2 = 4.
  3. Dara's jar grows by 4 coins.

Example 2: Ezra and the cap

  1. Ezra adds 4 coins.
  2. Oba's match stops at 2.
  3. 4 + 2 = 6 coins go in: four his and two Oba's.

Example 3: Twelve pay days

  1. Dara adds 2 each pay day for 12 pay days: 2 × 12 = 24.
  2. Oba adds 24 too.
  3. 24 + 24 = 48 coins in all.

Example 4: Fen's pay day

  1. Fen adds 1 and Oba adds 1.
  2. 1 + 1 = 2.
  3. Two coins go in.

Words to know

match
Extra coins the boss adds when you add yours.
cap
The most the boss will add each pay day.
pay day
When workers add to their jars.
later jar
A jar with a lock, kept for later.

Watch out

Try it

  1. Fen adds 1 coin and Oba matches up to 2. How many coins go in?
  2. Ezra adds 4 and Oba matches up to 2. How many go in?
  3. Gil adds nothing. How much does Oba add?
  4. Dara adds 2 and Oba adds 2 on each of 12 pay days. How many coins in all?
Answers: 1. 2 · 2. 6 · 3. Nothing · 4. 48
Try at homeAsk a grown-up if any boss they know adds to a savings jar, and what a worker has to do to get it.
For grown-upsAsk a grown-up if any boss they know adds to a savings jar, and what a worker has to do to get it. The garden center is made up: this is how the idea works, not advice.
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