Poor Money Management Skills

Do I Want It?

Or Do I Need It?

Ms. Placido

PS 123

Introduction:

In the book, “Alexander Who Used to Be Rich Last Sunday” Alexander had a hard time saving his money. Many children get money from their allowance, earn it through a job, or receive it through gifts. Often when they have money, they may have a hard time deciding on saving it or spending it on things they need or want.  Deciding on how to use money requires a fair amount of decision making strategies. Having money is exciting but it also means you must know how to manage it.  Managing money is a skill you must learn at a young age so that learn how to make informed financial decisions when you are older.

http://blog.richmond.edu/openwidelookinside/files/2010/07/alexander-who-used-to-be-rich-last-sunday.jpg

Task:

You have read about Alexander from “Alexander, Who Used to Be Rich Last Sunday.” You will create a character who needs or wants to buy something. You will decide if the character can buy it.

Create a narrative that tells the story of what the character wanted to buy, whether or not he/she was able to buy it, and the decision the character has to make.

Remember to:

•           recount a short sequence of events, including action.

•           include details that convey thoughts and feelings of the character.

•           use temporal words to demonstrate event order.

•           provide a sense of closure to the story.

Process:

You will use the steps of the PPA (below) to examine the problem of “young people have poor money management skills.”

· Public Policy Steps:

Define the problem : Write the problem that Alexander is having.

Gather the evidence: What is the evidence from the text?

Identify causes : What are the reasons why this is happening?

Evaluate a policy: What is Alexander is doing in the story?

Develop solution: How can Alexander solve his problem?

· Listen to the story “Alexander Who Used to Be Rich Last Sunday” by Judith Viorst

https://www.youtube.com/watch?v=ShMro3KcoJQ

· Read the article

http://pbskids.org/itsmylife/money/managing/article2.html

http://pbskids.org/itsmylife/money/managing/

· Review how to write a narrative

http://www.slideshare.net/sharpjacqui/how-to-write-narratives

· Use the graphic organizers to organize your ideas

Story map 2 Story map Sequence chart

Evaluation

Score	Focus	Organization	Development	Language and Vocabulary	Conventions
4	Character is fully introduced, and his/her need or want is clearly described.	Narrative has a beginning, a middle, and an ending that concludes the action.	Narrative contains several details that tell the character's thoughts and feelings.	Narrative contains several temporal words and phrases to show sequence of events.	Narrative contains correct grammar, usage, capitalization, and spelling.
3	Character is introduced, and his/her need or want is described.	Narrative has a beginning, a middle, and an ending.	Narrative contains details that tell the character's thoughts and feelings.	Narrative contains temporal words and phrases to show sequence of events.	Narrative contains a few errors but is completely understandable.
2	Character is named, and his/her need or want is somewhat described.	Narrative has a beginning and an ending.	Narrative contains few details that tell the character's thoughts and feelings.	Narrative contains few temporal words and phrases to show sequence of events.	Narrative contains some errors in grammar, usage, capitalization, and spelling.
1	Character is named, but it is not clear what his/her need or want is.	Sequence is hard to follow and unclear.	Narrative contains one detail that tells the character's thoughts or feelings.	Narrative does not contain enough temporal words to make sequence of events clear.	Narrative is difficult to follow because of frequent errors.

Conclusion: 

By completing this PDA you are learning how to make financial decisions based on your needs and wants.

Standard

CCSS.ELA-LITERACY.W.2.3
Write narratives in which they recount a well-elaborated event or short sequence of events, include details to describe actions, thoughts, and feelings, use temporal words to signal event order, and provide a sense of closure.

CCSS.ELA-LITERACY.RL.2.3
Describe how characters in a story respond to major events and challenges.