Student Objectives  Students will be able to:  Define need and saving.  Give an example of comparison shopping for a product.  Explain the "money.

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Presentation transcript:

Student Objectives  Students will be able to:  Define need and saving.  Give an example of comparison shopping for a product.  Explain the "money moral" and apply it to their everyday life.  Describe the difference between the cause of an event and the effect from an event.

The Ant and the Grasshopper (A fable by Aesop)  One summer's day, a merry Grasshopper was dancing and singing and playing his violin with all his heart. He saw an Ant passing by, bearing along with great toil a kernel of corn to store for the winter. "Come and sing with me, instead of working so hard," said the Grasshopper. "Let's have fun together.“ "Don't worry about winter, it's still very far away," said the Grasshopper, laughing at him. But the ant wouldn't listen and continued to toil. When the winter came, the starving Grasshopper went to the Ant's house and humbly begged for something to eat.  "If you had listened to my advice in the summer you would not now be in need," said the Ant. "I'm afraid you'll have to go supper less to bed," and he closed the door. Then the Grasshopper knew: It is best to prepare for the days of necessity.

Financial Word Definitions  Need  Something you must have to live.  Want  Something you like or desire.  Saving  To keep money to spend later.  Comparison Shopping  To check and compare prices of similar products in order to get the best buy.

Cause and Effect Cause Why an event happens. Effect The result of what happens. The Grasshopper and the Ant Event: The grasshopper begged for something to eat when the winter came. Cause: The grasshopper begged for something to eat because he didn't store any food for the winter. Effect: The ant refused, and the grasshopper had to go supper less to bed.

Need VS. Want

Comparison Shopping