Saving Money at the Register SS.4.FL.2.5 Explain that costs are things that a decision maker gives up; benefits are things that a decision maker gains.

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Presentation transcript:

Saving Money at the Register SS.4.FL.2.5 Explain that costs are things that a decision maker gives up; benefits are things that a decision maker gains. Make an informed decision by comparing the costs and benefits of spending alternatives. SS.4.FL.2.6 Predict how people’s spending choices are influenced by prices as well as many other factors, including advertising, the spending choices of others, and peer pressure. Gr. 2 Financial Literacy

Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 What does it mean to buy something on sale? How can clipping coupons help you save money when you shop? Essential Question

Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 When you enter a department store or supermarket, what do you notice? Is the price tag always the final price the customer will pay?

Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 One way of saving money is to buy things when they go on sale. An easy way to stay informed of sales is look through store ads on the Sunday paper.

Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 Sometimes stores run special promotions for a limited time. Many stores have many special sales during the holidays. “Black Friday”, the Friday after thanksgiving weekend is one of the busiest shopping days of the year.

Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 If you can’t wait for store sales, you can also save money by clipping coupons. Coupons are like cash. When you use coupons, you get a discount on the item. Would you leave a $1 bill lying on the ground? So why not use a coupon for a product you were planning to buy anyway?

Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 This is believed to be the first coupon ever. Over 100 years ago, Asa Candler, the founder of the Coca-Cola company wanted people to try a new drink. Over 8,500,000 coupons were handed out that year. The following year Coca-Cola was served in every State and even today is enjoyed at an average of one billion drinks per day. Asa Candler, Businessman that founded The Coca-Cola Company John Pemberton, Pharmacist that invented the syrup in Coca-Cola

Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 Let’s Explore a Manufacturer’s Coupon This coupon can be used at any store. This coupon has expired. It could be used until December 31, The cashier scans the barcode. The amount of the discount. The fine print has rules of using the coupon.

Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 Let’s Explore a Store Coupon This coupon can only be used at JCPenny. This coupon expired November 30 th. The amount of the discount. The fine print has rules of using the coupon.

Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 Let’s Explore Your Receipt

Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 You have been tasked to go shopping for the items below. Calculate how much money you can save on your shopping list by using coupons. SHOPPING LIST Colgate Toothpaste - $3.99 Charmin Ultra Soft Toilet Paper - $9.99 Pantene Shampoo - $5.99 Tide Laundry Detergent - $8.99 Yes! Mom says we can keep the savings! Coupons will save us money at the store.

Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 You have been tasked to go shopping for the items below. Calculate how much money you can save on your shopping list by using coupons. Colgate Toothpaste - $3.99 Charmin Ultra Soft Toilet Paper - $9.99 Pantene Shampoo - $5.99 Tide Laundry Detergent - $8.99 ItemPriceDiscountNew Price Colgate Toothpaste Charmin Toilet Paper Pantene Shampoo Tide Laundry Detergent Total $ 3.99 $ 8.99 $ 5.99 $ 9.99 $ $ $ $ $ $ 2.99 $ 4.99 $ 3.99 $ 6.99 $ 18.96

Grade 2 Financial Literacy SS.4.FL.3.2, SS.4.FL.2.7 What does it mean to buy something on sale? How can clipping coupons help you save money when you shop? Essential Question

Sources Grade 2 Financial Literacy SS.4.FL.5.1, SS.4.FL.5.2 Introduction to Coupons An Introduction to Coupons introduction-to-coupons-and-deals-in-gha.html Raymond Geddes Lesson Plan