Standard's bullets addressed by activity
Materials needed
Description of Activity
Students work in groups of four.
For each situation, write how you would feel about acquiring money in that way and how you would use it.
(Note: Students may brainstorm other situations.)
Each person in a group of four members should choose a different situation to write about. After they have written about their particular situations, they will discuss their "solutions" first in their own small groups and then as a class.
Some questions to ask in the large group may include:
Lesson can be modified to be more specific or grade-level appropriate by varying the situations and amounts so that they are more realistic for that grade level.
Students may also write about how they would spend the money they have saved for a year. Will they use it for themselves, give it away to charity, or spend it or invest it in other ways?
Reference
Winocur, S. (1986). How to spend it. California: IMPACT. p. 4, lesson 2.10.2.