Financial Trade Offs

Would you rather live without music or live without T.V.?

• Music

• TV

• Hi

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CCSS.RI.1.4

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CCSS.RI.3.1

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CCSS.RL.3.1

Would you rather have the latest phone paying $30 a month or an older phone and go to the movies once a month?

• New Phone

• Old phone and go to movies

• Money, Money, Money

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Would you rather eat four times a week at fast food restaurant or once a month at a nice restaurant (spending the same amount)?

• Fast Food 4 times a week

• Once a month at nice restaurant

• 

Would you rather buy a new Coach purse or buy a fall wardrobe at your favorite store?

• Purse

• Wardrobe

• 

Would you rather have great seats to your favorite Football team’s home game or a laptop computer (spending the same amount).

• Game Tickets

• Computer

• 

You need a new computer. Do you buy one today but take 3 years to pay it off or wait one year until you have enough money to buy?

• Buy today and pay over 3 years

• Save up money and buy in a year

• 

Would you rather have $1,000,000 now or $50,000 a year for the rest of your life? (assume both sums after taxes)

• $1,000,000 now

• $50,000 a year for life

• 

Free Starbucks for a year or free iTunes downloads for a month?

• Starbucks for a year

• ITunes downloads for a month

Would you rather have the newest Jordan sneakers or a pair of New Balance and a new outfit?

• Jordans

• New Balance and Outfit

Would you rather buy a meal from Wendy's or a meal from McDonald's (Same Cost)?

• Wendy's

• McDonald's