Mini Money Basics
Pratice PIP
Lab Roles
100

What are 3 of the 4 Core Values of the Mini Money Management Learning Labs?

  1. Teamwork: We make learning fun by connecting & collaborating!

  2. Kindness: We respect, include and encourage everyone.

  3. Discover: We learn new ideas by being innovative entrepreneurs.

  4. Self-Knowledge: We learn about ourselves by doing and leading.

100

You are at a restaurant. You ordered a cheeseburger without onions and pickles. What you received was a hamburger with onions and pickles. What do you say to the hostess using the PIP process?  

P - Thank you for bringing me this burger.  

I - I ordered a cheeseburger without onions & pickles. Could you bring me what I ordered please?

P - Thanks for your help! Maybe the person who ordered the hamburger will appreciate their burger.  

100

What role starts the Lab meeting, tracks everyone's engagement, and brings everyone back from break? 

Lab Manager 

200

What is the Objective or Mission of the Golden Gadget Company?

"We make products that enrich and inspire people and protect our community and planet." 

200

You are in a classroom. You saw someone take your favorite notebook. What do you say using the PIP process?

Example:

P - Hey, I know there are lots of notebooks laying around.

I - But you may have taken mine by accident. Could you give it back please, I can give you some paper to write on. 

P - Thanks!  

200

What role helps everyone practice spontaneous speaking by preparing 10 questions in advance that relates to the theme and ask for volunteers to come up?

Assistant Director

300

List 4 of the 5 demographic data points we discussed to know your Target Audience.

Age, 

Gender, 

Income level, 

Race, 

Education level and more!

300

You noticed one of your good friends making an error in calculating the profit in their budget. What do you tell them using the PIP process?

Example:

P - You are one of my good friends and I want to help you.

I - Here is how I would calculate the profit. Revenues - Expense = profit. 

P - I hope that helps you.

300

What role listens for the unnecessary "filler words", helps us to speak more clearly and effectively?

Listener

400

Are the items below NEEDS (for survival or success living in our community) or WANTS? Must get them all correct to earn 400 points.

1) Video games

2) A basketball

3) iPhone 16 

4) Comfortable shoes

1) Want, we don't need videos game to survive.

2) Want, it's enjoyable but not a need.

3) Want, an iPhone 10 also works

4) Need

400

You noticed one of your classmates spending all of his allowances on candy and other wants. You want to help them. What do you say using the PIP process?

There are many ways to use PIP. Here is one example:

P - I think you are smart.

I - You might want to save your money and buy something that will last and is better for you.

P- If you do it, you'll feel good afterwards!

400

When practicing Spontaneous Speaking, what is the minimum time (green signal) and the maximum time (red signal)?

30 seconds & 2 minutes

500

What does the 50/30/20 financial rule represent when building your budget?

50% - for needs

30% - wants

20% - savings

500

After reviewing the results of a math test, you noticed your teacher made an error on grading your test. You had the correct answer, but it was marked wrong. What do you say to your teacher, using the PIP process?

P - Mrs. Smith, I'm learning a lot, and I like your class. 

I - I think there is a mistake on my test, could you please take a look and review question #10?

P- Thank you so much.

500

What role opens up with a 1-minute warm-up about the theme and introduces the Lab Helpers?

Director

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