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Objective

By the end of this lesson, you will be able to compare prices effectively and make informed purchasing decisions.

Materials and Prep

  • Pen and paper
  • Access to the internet for research
  • Basic understanding of addition and subtraction

Activities

  • Activity 1: Choose two items you are interested in purchasing. Research the prices of these items from at least three different stores or websites. Write down the prices and calculate the average price for each item.

  • Activity 2: Create a comparison chart to visually represent the prices of the items you researched. Include the name of the item, the store or website, and the price.

  • Activity 3: Pretend you have a budget of $50. Based on your research, decide which item you would purchase and explain your reasoning.

Talking Points

  • "When comparing prices, it's important to look at the same quantity or quality of the item."

  • "Sometimes a higher price may be justified by better quality, but it's essential to consider if the difference is worth it to you."

  • "Don't forget to factor in additional costs like shipping or taxes when comparing prices."

  • "Using averages can help you get a clearer picture of the typical price of an item."

  • "Always stick to your budget and prioritize your needs over wants when making purchasing decisions."


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