👋 Who is this for?
Students who are ready to think about money in a simple, honest, and realistic way. You do not need to be “good at math” — we will keep the numbers friendly.
🎯 Learning Goals
- Understand the difference between cost, price, and profit.
- List the basic costs for your idea (including your time).
- Pick a starting price and compare with real-world examples.
- Calculate simple profit and break-even points.
📅 Weekly Breakdown
Week 1
Week 1 – What does it cost?
- List everything you need to run your idea:
- Materials (paper, ingredients, tools).
- Software or subscriptions.
- Your time (how many hours?).
- Decide which costs are one-time and which are per sale.
Week 2
Week 2 – Setting a price
- Search for similar products or services and write down their prices.
- Decide whether you want to be:
- Cheaper,
- Similar,
- More expensive (with a reason).
- Choose a starting price for your offer.
Week 3
Week 3 – Profit and break-even
- For one sale, calculate:
Profit = Price – Cost per sale
- Next, choose a simple goal, like: “I want to earn $50.”
- Calculate how many sales you would need to hit that goal.
Week 4
Week 4 – What if things change?
Create two quick “What if?” scenarios:
- Costs go up (for example, supplies cost more).
- You decide to lower or raise your price.
How does your profit change in each case?
🚀 Project for this month
Create a one-page money plan that includes:
- A table showing:
- Price, cost per sale, profit per sale.
- Your break-even number of sales.
- A short paragraph explaining your price choice.
💭 Final Reflection
- How does it feel to put real numbers on your idea?
- Is your price fair for both you and your customers?
- What would you do if someone said, “That’s too expensive”?
🌟 Extra Credit
- Pretend you run your project for 3 months. Make up monthly sales numbers.
- Put them into a simple spreadsheet and create a profit chart.