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Financial Knowledge

Can you finish supermarket savings adventure in about 30 min?

Supermarket Savings Adventure

You will this activity allows children to simulate shopping experiences, helping them understand the concept of budgeting.

Duration30 min
Age GroupAges 6–7
DifficultyBeginner
SubjectFinance
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Concept

What this lesson teaches

This activity allows children to simulate shopping experiences, helping them understand the concept of budgeting. By making choices about purchases, they learn to prioritize their needs versus wants, which is essential for effective financial management.

Materials

What you need

    Steps

    How the activity runs

      Why It Works

      The learning connection

      Role-playing promotes embodied cognition, as children physically engage in decision-making while simulating real-life scenarios. This interaction helps cement their learning as they navigate the emotional aspects of spending and saving.

      Extend the Lesson

      Try it with your learner

      1. Set up a ‘supermarket’ at home using common items (toys, snacks, etc.). 2. Create price tags for each item using paper and a pencil. 3. Give your child play money (or use real coins) to budget for their shopping. 4. Ask them to choose items they want to buy, prioritizing their needs. 5. After shopping, discuss how much they spent and how much they saved. 6. Reflect on the choices made: What was worth buying? What could wait?

      Financial Knowledge30 minAges 6–7Grade 1Sign in to save this activity
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