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Understanding Needs, Saving, and Comparison Shopping in Fables

This lesson focuses on teaching students about needs, saving money, and comparison shopping through the analysis of a fable. Students will identify the characters and story events, discuss the problem and solution, and apply the money moral to their everyday lives. They will also learn the difference between cause and effect in the fable.

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Understanding Needs, Saving, and Comparison Shopping in Fables

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  1. Student Objectives Students will be able to:
 Define need and saving. Give an example of comparison shopping for a product. Describe the components of a fable. Identify the characters and story events in the fable. Discuss the problem and solution within the fable. 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.

  2. A fable is an imaginary story that often has animal characters who talk and act like people. The Ant and the Grasshopper (A fableby 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 Grashopper. "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 supperless to bed," and he closed the door. Then the Grasshopper knew: 
It is best to prepare for the days of necessity. The story events of a fable usually lead to a moral, or a lesson to be learned from the story. This lesson can be applied to real-life situations, even though the story is imaginary.

  3. 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.

  4. 1. Who were the characters in the fable? Rhoda Roadrunner, Olivia Owl and Penny Pigeon. 2. What was Rhoda's problem? She didn't plan her purchases or compare prices to get the best buys 
and save money. 3. What were the main story events? Rhoda ran into Olivia at the market because she was in a hurry. She told Olivia that she was food shopping for her chicks, and wasn't sure what to buy. Olivia suggested that Rhoda should make a list before she went to the market and compare prices by looking at the store ads. Penny told Rhoda that she should buy only the food she needed at the best prices so she could save for her chicks' education at the unibirdsity. Rhoda decided to follow her friends' advice and become a wiser shopper.

  5. 4. What was the solution to the problem? Rhoda decided to make a list and compare prices, buying only what she needed so she could save. 5. What was the money moral of the fables? If you plan and compare before shopping, you will use your money more wisely.

  6. 6. How would you put the moral in your own words? 7. How does this money moral apply to your own life?

  7. Cause and Effect Cause Effect Why an event happens. 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 supperless to bed.

  8. Rhoda Reviews Cause and Effect Help Rhoda complete the squares to connect the cause and effect to the fable event. Cause Event Effect "I'm in such a rush!"

  9. Rhoda Reviews Cause and Effect Help Rhoda complete the squares to connect the cause and effect to the fable event. Cause Event Effect "What am I shopping
for again?"

  10. Rhoda Reviews Cause and Effect Help Rhoda complete the squares to connect the cause and effect to the fable event. Cause Event Effect "I don't have time to
check ads!"

  11. Rhoda Reviews Cause and Effect Help Rhoda complete the squares to connect the cause and effect to the fable event. Cause Event Effect "My family doesn't
need bird treats."

  12. Need VS Want NEED WANT

  13. Comparison Shopping

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