Week 1: Understanding Money Basics

💭 Think About It

• What's the difference between something you need and something you want?
  Think about what happens if you don't get it. Needs are required for basic life, wants make life more enjoyable.
• How did having limited money change your decisions?
  This is called "opportunity cost" - choosing one thing means giving up something else.
• What strategies did you use to make tough choices?
  Maybe you prioritized needs first, or looked for the best value, or saved money for later scenarios.