4.PF.10

Grill Frenzy

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Game Info for Teachers

COMBINED RATING

4.3 Stars

TEACHERS (18)

4.1

STUDENTS (2438)

4.5

LENGTH

30 Minutes

GRADES

CAPABILITIES

iPad Support

Spanish Language Support

Text-to-Speech Support

Saves Progress

Description

You are the owner of the grill house. You have 8 days to understand how to manage your restaurant and its financial problems, otherwise the business may be in danger...Know your expenses, invest wisely, and work diligently to make the restaurant a healthy business!

Vocabulary Words

fixed expenses

variable expenses

income

profit

deposit

balance

withdraw

savings account

certificate of deposit

loan

saving interest

loan interest

financial institution

Instructions

Play through this interactive game to learn about 4th Grade Personal Financial Literacy. Suitable for Grade 3, Grade 4, Grade 5.

Main Concepts

Distinguish between fixed and variable expenses.

Calculate profit in a given situation.

Compare the advantages and disadvantages of various savings options.

Describe how to allocate a weekly allowance among spending; saving, including for college; and sharing.

Describe the basic purpose of financial institutions, including keeping money safe, borrowing money, and lending.

Discussion Questions

Before the Game

What is it called when you put money in the bank? Why is it important to save money? What kinds of expenses might occur if you were to run a restaurant? Other than working at a job, what are some additional ways to earn money? What is meant when people say they make their money work for them?

After the Game

What decisions did you make during the game that yielded a positive result? What decisions did you make during the game that yielded a negative result? What are some ways you learned in the game that can make you additional money? What is the difference between loan interest and savings interest? How do you calculate net profits at the end of the day?