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Community Participation Lesson Plan - Developing Financial Decisions
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Instructional Area:
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Leisure
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Community
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Home Living / Daily Living
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Ability Level:
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Emerging
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Developing
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Mastery
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Topic / Skill Outcome:
- Learn to make financial decisions
Learning Area(s):
- Literacy
- Communication
- Math & Science
Purpose of Lesson / Objective:
- Become aware of relationships between sizes of items and costs
- Compare and contrast generic and brand names and their prices
- Become aware of sale items and their item location/placement within a store
Materials / Equipment / Environment:
- Weekend ads from discount stores such as Target, Wal-Mart or K-Mart
- Classroom pricing booklet with prices of general shopping items by size and brand
- Classroom activities as well as a community trip to a discount store such as Target, Wal-Mart, or K Mart and transportation to that store
- Calculator
- Writing pad
- Pens or pencils
Group Size: 4-5
Time Required: 50 minutes- 3 opportunities (more sessions needed if you do supporting activities)
Lesson Procedure:
- Week 1
- Students write a list of 5-6 favorite personal items
- They write down the sizes these products come in
- They use the classroom-pricing booklet to determine the prices for different sizes of their items
- Week 2
- Students compare and contrast prices for generic and brand name items for the same size and product
- Week 3
- Students go on a community trip and write down the prices for the items on their list
- They visit sale displays in the store
- They note which items are sale items
Carry Over / Related Activities:
- Students can review ads and determine what sizes of goods area a better price
- They can also decide whether generic/store brand or the name brand is a better buy
Supporting Activities / Possible Adaptations:
- Play a classroom game for picking the best buy
- Point to the size of product that costs the least from a selection of two items, one generic and one a name brand
- Identify sale items by tags and locations in stores. Point to a selection of up to three items to identify the sale item
Strategies for Participation:
- Encourage students to come up with as many brand names as and generics for the same product as possible
- Make a game of picking the size of product that is the best buy
Student Reaction / Evaluation:
- Students feel good about learning and using cost saving strategies when spending his or her money
Lesson Support:
- The lesson can be introduced as practice for determining what is a best buy
- Examples of ways to save money and what the saved money can be used for can be covered as an incentive to learn the skill sin this lesson
- Students can be encouraged to show different ways to use cost saving techniques to save money
- This lesson aligns with the General Shopping part of the Community Participation Integrated Learning Continuum and Skills Inventory
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