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We were asked to have our child choose a viable business before the end of Lesson 2 and to complete the Treasure Builder Permit form.
Lesson 5B is the second part of 5A and 5B, but it is actually an extension of 4A, 4B, as 5C and 5D.
The program emphasizes service businesses, even though we are free to choose a goods-related business instead. The reason they stress service is because business usually requires less money since a goods business requires purchasing supplies and figuring out costs for each item. Service teaches children the ability to please someone else in order to receive compensation. If you choose a goods business, many of the activities will have to be adapted and cost/sale price must be taught thoroughly so profitability is achieved.
Lesson 5B is the second part of 5A and 5B, but it is actually an extension of 4A, 4B, as 5C and 5D.
The program emphasizes service businesses, even though we are free to choose a goods-related business instead. The reason they stress service is because business usually requires less money since a goods business requires purchasing supplies and figuring out costs for each item. Service teaches children the ability to please someone else in order to receive compensation. If you choose a goods business, many of the activities will have to be adapted and cost/sale price must be taught thoroughly so profitability is achieved.
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Here's our experience with LESSON 5B, Part D and E:
This code offers my readers 10% off every item in your shopping cart - Hurry! The coupon expires on June 30, 2020
Here's our experience with LESSON 5B, Part D and E:
This is the second half of a very detailed and somewhat challenging lesson where the key concept is to Be Aware. The latter part of lesson 5 had us finish the worksheet, and complete Activity 9 and 10. The key terms included financial, and capital.
This part of the lesson also dealt with Activity 12 and Activity 4 and 11.
SUGGESTIONS, CHANGES, OR ADDITIONS MADE THAT WORKED PARTICULARLY WELL FOR OUR FAMILY:
We adapted the idea of preparing for the group presentation to be more of a one-on-one discussion which worked well for us. We also continue to make her goods business fit within the instruction for a service-based company.
She also sold her first item, so we figured out the expenses and profit.
RECORDED OBSERVATIONS OF CHARACTER DEVELOPMENT, MONEY SKILLS, BIBLE KNOWLEDGE, LIFE SKILLS, SOCIAL SKILLS, OR POSITIVE BEHAVIORS EXHITIBED OR ACQUIRED BY MY CHILD THAT I DIRECTLY ATTRIBUTE TO THE KINGDOM CODE CURRICULUM:
The lesson also focused quite a bit on preparing the student to give the class presentation, which is going to be a little different for my daughter since it will not be her in front of an entire class but more one-on-one. So, we adjusted for this as always to personalize the lesson more than make it fit a group.
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