Case 6 of 20 ยท Financial & Real Life Thinking
Debatebeginnerโญ 30 XP๐ฐ Money IslandSmart Shopping
๐ You're reading a story and the character needs to use consumer decision making.
๐ฏ Your mission
Decide who is right.
โก The twist
Every 'yes' to spending is a 'no' to something else.
What You'll Learn
Key Concept: Consumer decision making
Think About This
๐ You're reading a story and the character needs to use consumer decision making. What advice would you give them?
Thinking Steps
๐ What Do I See?
Look at the problem about consumer decision making. What do you notice?
๐ค What Do I Know?
What do you already know that could help? Have you seen something like this before?
๐ก What's My Idea?
Think of an answer. Can you think of a second one too?
โญ What Did I Learn?
Check your answer. Was it right? What did you figure out? Tell someone!
Key Points
Master consumer decision making
Apply financial & real life thinking in real situations
Build habits of financial & real life thinking
Key Vocabulary
Need
Something you must have
Want
Something you'd like but don't need
Why This Matters in Real Life
When you choose to save your allowance for something bigger instead of buying candy now, you're practicing smart money thinking!
Talk About It
Discuss these questions with a friend, parent, or classmate.
- 1Can you explain consumer decision making to a friend using your own words?
- 2What was the most interesting thing you learned today?
- 3Draw a picture of what you learned and show it to someone!
Solve the Case
Case 1
1 of 3What is the main idea of consumer decision making?
Stretch Challenge
Try this in real life this week.
Before your next small purchase, wait 24 hours. Still want it?
For the dinner table
โWhat would you do with $10 you had to spend today?โ
Next Smart Case
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