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Money & How It Works · Lesson 8
Opportunity Cost
Every choice is also a no, and teaching children to see what they’re giving up sharpens judgment across every area of life.
Ages5–89–1213–1718–25Runtime to be confirmed
About this lesson
A dinosaur in one hand and an art set in the other is economics arriving in their life. Every yes is a no. The real price is never only the number on the tag. It is the best other thing that money, or that Saturday, could have become. Let them feel the trade instead of rescuing them from it.
What you’ll learn
- Hold two options and put one down yourself.
- Strong deciders ask whether this is better than the best other use of the same money or afternoon.
- Price things in hours of your own work and the tag starts speaking your language.
- Write down the road not taken before a big yes, in specific terms.
Skills your family will build
Decision-makingPrioritizationSelf-awarenessJudgment
