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Case 13 of 20 ยท Financial & Real Life Thinking

Debatebeginnerโญ 30 XP๐Ÿ’ฐ Money Island

Starting a Business (for Kids!)

๐Ÿ”ŽCase Brief #13

๐Ÿ‘ซ You and your friend disagree about something.

๐ŸŽฏ Your mission

Decide who is right.

โšก The twist

Watch for the hidden cost.

What You'll Learn

๐Ÿง  What problem can you solve for people? That's your business! Steps: 1) Find a problem 2) Create a solution 3) Tell people about it 4) Deliver the solution 5) Get paid. You're an entrepreneur! Understanding entrepreneurial thinking is one of the building blocks of strong thinking. Here's how to do it: 1. Look carefully at the problem. What do you see? 2. Think about what you already know. Does this remind you of something? 3. Try an answer! It's totally okay to be wrong โ€” that's how we learn. 4. Check: did it work? If not, try something else! You're building your thinking muscles. The more you practice, the stronger they get!

Key Concept: Entrepreneurial thinking

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Think About This

๐Ÿ‘ซ You and your friend disagree about something. How can entrepreneurial thinking help you figure out who's right โ€” or if you're BOTH a little right?

Thinking Steps

๐Ÿ”

๐Ÿ‘€ What Do I See?

Look at the problem about entrepreneurial thinking. What do you notice?

๐Ÿงช

๐Ÿค” What Do I Know?

What do you already know that could help? Have you seen something like this before?

๐ŸŽฏ

๐Ÿ’ก What's My Idea?

Think of an answer. Can you think of a second one too?

๐Ÿชž

โญ What Did I Learn?

Check your answer. Was it right? What did you figure out? Tell someone!

Key Points

1

Master entrepreneurial thinking

2

Apply financial & real life thinking in real situations

3

Build habits of financial & real life thinking

Key Vocabulary

Want

Something you'd like but don't need

Save

Keeping something for later

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Why This Matters in Real Life

Adults use these same skills when they make budgets, go grocery shopping, and save for big purchases like cars and houses.

Talk About It

Discuss these questions with a friend, parent, or classmate.

  • 1Can you explain entrepreneurial thinking 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 3

What is the main idea of entrepreneurial thinking?

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Stretch Challenge

Try this in real life this week.

Compare two similar products and find the real difference.

๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘ง

For the dinner table

โ€œWhat would you do with $10 you had to spend today?โ€

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Starting a Business (for Kids!) โ€” Financial & Real Life Thinking | 2nd Grade Critical Thinking | LittleActivity | LittleActivity