Money Mindfulness
You should do this to make sure you have enough money for future needs or emergencies.
Why should you save money?
Known for the leadership of Tesla, SpaceX and X (Twitter), this person is valued at over $424 billion dollars.
Who is Elon Musk?
This is what a cashier is responsible for in the store.
What is checking out items, counting cash, being friendly, etc?
What is ordering, storing, using, and selling a company's inventory?
Jamal is running the school snack stand. A student buys a bag of chips for $2.50 and a juice box for $2.25. They pay with a $10 bill.
How much change should Jamal give back?
What is $5.25?
This is a plan to help you manage your money by deciding how much you can spend and save
What is budgeting?
These characteristics make a BAD boss.
What is unfair treatment, lack of communication, lack of empathy, unprofessionalism, blamefulness, etc?
This is what a general manager is responsible for in the store.
What is managing financial data (things that are bought and sold), reporting on sales trends, and maintaining the budget, etc?
This is the process of tracking stock levels while monitoring customer demand to avoid over or understocking.
What is Inventory Control?
Maria wants to buy a gift for her friend. She picks out a bracelet for $5.50 and a keychain for $4.75. She has $15 in her wallet.
Does Maria have enough money to buy both items? If so, how much money will she have left?
What is Yes, and $4.75.
This is the reward you gain from saving money, or the fee you pay when borrowing money.
What is interest?
These are the responsibilities of a usual boss.
What is scheduling employees, enforcing company policies, pay fair wages, leading by example, etc?
This is what a marketing manager is responsible for in the store.
What is making advertisements (commercials, posters), spreading the word of your business, making people want to come to your store?
This is a tool or software designed to streamline the process of tracking, organizing, and managing inventory throughout its lifecycle.
What is an Inventory Management System?
Liam and his friends set up a lemonade stand. They sell cups of lemonade for $1.50 each. They want to make $15 total.
How many cups do they need to sell to make $15?
What is 10 cups?
This type of bank helps companies and people invest money in businesses or stocks.
What is an investment bank?
These are characteristics of a successful entrepreneur (Name 3).
What is creative, passionate, innovative, motivated, confident, adaptive, etc?
This is what an accountant is responsible for in the store.
What is managing financial data (things that are bought and sold), reporting on sales trends, maintaining the budget, etc?
These are the benefits of good inventory management.
What is cutting costs, stock accuracy, preventing overselling, seeing sales trends, etc
Sophia is helping her mom at the grocery store. They have $25 to spend and pick up:
Bread for $3.50, Eggs for $4.25, and Candy for $2.50
How much change do they get back after buying these items?
What is $14.75?
This is a special amount of money set aside for unexpected expenses like car repairs or medical bills.
What is an emergency fund?
These things are what separate an entrepreneur from a usual boss.
What is creativity and innovation of a new product or business; taking on most of the risks when making a new business or product?
These are the necessities to run a successful store (Name 3).
What is a good and collaborative team, safe products, fair pricing, training from higher ups, organized inventory, effective supplier management, etc?
These are the levels of inventory management (Name ALL 3).
What is watching inventory levels, ensuring the right products are available, and managing warehouse processing?
Tyler wants to buy a new video game that costs $55. He already has $29 saved and earns $5 per week from doing chores.
How many more weeks does Tyler need to save before he can buy the game? (No Decimals!)
What is 6 Weeks?
(Still needs $26; $5 * 6 Weeks = $30)