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Money Minds and Story Finds: Adventures in Literacy and Wealth

Kentucky Financial Empowerment Commission

sponsored by KY Jump$tart

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Shark Scam

By Sheila Bair

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The two sharks in the story had many business ideas in order to get the other animals to invest in them.

Do you know what a business is?

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Do you know what a business is?

    • A business supplies goods or services for money
    • A good business makes a profit when it brings in more money than it spends
    • Businesses can be owned by individuals or groups of individuals

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Examples of a Business

TOY STORE

BOOK STORE

HAIR SALON

RESTAURANT

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INVESTING

The sharks got the other animals to invest in their business ideas with sardines. The sardines were the animals money.

WHAT DOES INVESTING MEAN?

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INVESTING

Investing is when you give your money up to something like a business in hopes that it’ll grow and you’ll make more money than you gave.

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Investing can be a good thing when done correctly. However there are a lot of scams like the ones the sharks created.

SCAMS

WHAT IS A SCAM?

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A scam is when someone tries to trick you or take something from you by being dishonest.

SCAMS

Were the sharks being honest with what they were doing?

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SCAMS

The Sharks were not honest with what they were doing. They committed a crime! Who caught them and how?

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Click this link for a worksheet to go along with the slides

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Click this link for another Shark Scam lesson plan

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