Social Studies
Objective: I can use smart spending tips to decide whether and where to buy something.
Standards: D2.Eco.1.3-5, D2.Eco.2.3-5
Builds on: Needs Day 1 (savings goals) and Week 24, where your child sorted needs and wants. One-minute check: "Is a winter coat in a cold place a need or a want?" (A need.)
- advertisement – a message that tries to get people to buy something
Materials: 2 sheets of plain paper (for two store price lists), 5 sticky notes, 20 coins or counters (for the support move), An advertisement from the mail or a food package (for the extension), Notebook, Pencil
- Warm-Up · 5 min
Spaced review from Week 24. Ask: "What is opportunity cost?" (The next-best thing you give up when you make a choice.) Then ask the big question: "A toy that cost $50 is on sale for $25. Should you buy it?" Do not correct the answer yet.
- Mini-Lesson · 10–15 min
Say: "Smart spenders stop and think before they buy." Write five tips, one on each sticky note, and say each one. "Tip 1: Ask, is it a need or a want?" "Tip 2: Compare prices." "Tip 3: Wait a day before a big purchase." "Tip 4: Check the quality with an adult." "Tip 5: Never spend money you do not have." Model Tip 2. Say: "A flashlight costs $18 at one store and $15 at another. 18 − 15 = 3. The second store costs $3 less." Say: "On sale, the toy still costs $25. It is a good deal only if you planned to buy it anyway." Say: "An advertisement is a message that tries to get people to buy. Words like 'Hurry, today only!' are an incentive to buy fast." Say: "Some incentives are rewards, like a sale price. Some are costs, like a fee for paying a bill late." Ask: "Which tip helps when an ad says hurry?" (Tip 3, wait a day.) Ask: "A game costs $30. You have $22. Which tip fits?" (Tip 5. You are $8 short, so keep saving.) Ask: "Is a sale always a good deal?" (No. You still spend money.) If stuck, say: "Read the five notes. Which one matches this problem?"
- Activity / Source Work · 15–20 min
Spend Detective. 1) Copy these two price lists, one on each sheet of paper. Corner Shop: notebook $3, markers $7, water bottle $11. Main Street Market: notebook $2, markers $9, water bottle $8. 2) Your child fills in a chart with four columns: Item | Corner Shop | Main Street Market | Difference. (Differences: $1, $2 and $3.) 3) Ask for evidence: "Which store costs less for markers? Point to the prices." (Corner Shop, $7.) 4) Ask: "You buy all three at one store. Which store costs less in all?" (Main Street Market: 2 + 9 + 8 = 19. Corner Shop: 3 + 7 + 11 = 21.) 5) Solve the pack problem. A 12-pack of markers costs $6. A 24-pack costs $10. Two 12-packs cost 6 × 2 = 12. The 24-pack costs $2 less for the same number of markers. Ask: "When is the small pack still the smart choice?" (When you need only 12, or have only $6.) 6) Your child writes Buy or Wait for each of the three items. Stick one tip note beside each choice. Look for a reason that uses a tip.
- Notebook Entry · 10 min
Your child writes a smart spending checklist: the five tips in their own words. Then use it on one real thing your child wants. "I want ___. It is a ___. I will ___ because ___." Sample: "I want a new game. It is a want. I will wait a day because I may change my mind."
- Exit Ticket · 5 min
Read the questions aloud. Your child writes the math for question 2 on paper. Praise any answer that names a tip.
Watch for: Thinking anything on sale saves money, even when it was not needed.
Try: Ask: "How much money leaves your wallet if you buy it? How much if you do not?" Compare the two numbers.
- An ad says, "Only 2 left! Buy now!" Which smart spending tip should you use, and why?
- A kite costs $14 at the toy store and $9 at the market. Dee has $10. Where can she buy it, and how much will she have left?
- Socks that cost $8 are on sale for $6. You do not need socks. Is buying them a good deal? Explain.
Show answers
- Wait a day. The ad tries to rush you. Waiting shows whether you really want it.
- At the market. 10 − 9 = 1, so she has $1 left. She does not have enough for the toy store.
- No. You would spend $6 on something you did not plan to buy. Not buying costs $0.
Support: Compare one item only. Lay out coins for each price, such as 9 and 7. Your child matches the coins and counts the extras.
Extend: Your child reads the advertisement and circles the words that try to make shoppers buy quickly. Ask which tip answers it.
Homework: With a family member, your child compares the price of one grocery item at two stores, or in two sizes. Write both prices. Look for two prices and the difference.
Practice page · Week 31, Day 2
Social Studies
I can use smart spending tips to decide whether and where to buy.
Look: compare prices
- Find the same item at two stores.
- Subtract the lower price from the higher price.
- The difference is how much you keep by choosing the lower price.
Spend Detective: compare 3 items in two flyers with an adult. Fill in the table.
| Item | Store A | Store B | Difference |
|---|---|---|---|
- 1.
The same backpack is $21 at Store A and $16 at Store B. How much less is it at Store B?
- 2.
An 8-pack of crayons is $2. A 24-pack is $5. How much would three 8-packs cost? Which is the better deal?
Answer each question.
- 3.
A toy that was $30 is on sale for $20. You did not plan to buy it. How much would you still spend?
- 4.
An ad says "Hurry, today only!" Which tip helps most?
○ Wait a day before a big purchase.○ Buy two.○ Spend money you do not have. - 5.
Name two more smart spending tips.
Challenge: Why is a sale only a good deal if you already planned to buy the item?
Materials: two store flyers or printed web pages (with an adult)