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1) The document is a chapter from Suzanne's Candy Craze that describes different candy types representing different financial situations. 2) Payday candies represent the Millionaire's Club of those who worked hard, invested early, and can retire with a paid off home. 3) Smarties represent the debt-free who have saved for retirement with a paid off home after starting to save early. 4) Dum Dums represent the Normal group who are debt-ridden and cannot afford a home due to student loans.

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1K views2 pages

Act ch01 l01 English

1) The document is a chapter from Suzanne's Candy Craze that describes different candy types representing different financial situations. 2) Payday candies represent the Millionaire's Club of those who worked hard, invested early, and can retire with a paid off home. 3) Smarties represent the debt-free who have saved for retirement with a paid off home after starting to save early. 4) Dum Dums represent the Normal group who are debt-ridden and cannot afford a home due to student loans.

Uploaded by

michael.riveramatos
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
  • Suzanne’s Candy Craze

Suzanne’s Candy Craze

CHAPTER 1, LESSON 1

NAME DATE
Michael Rivera-Matos 11/14/23

DIRECTIONS
Take notes for each people group below as your teacher explains what each candy represents.

1. Payday—Millionaire’s Club
-you hard work payed off you invested early and you own your home and you retire at a age.

2. Smarties—Debt-Free and Living Large


You have full fund house and you started saving for returing and you are looking good.

3. Dum Dums—Normal: Debt-Ridden and Disgusted


student loans and we can't afford a house.You can scrap a car for 1,000 dollars

4. Jawbreakers—Struggle Bus: Broke and Busted


You behind car payment.you help your credit card company.you have too much month overdue.you
and your spouse fight about money all the time.

5. Milk Duds—Bankrupt: Decline by Debt


you rent a place to live and works at a part time job to keep lights on and avoids credit card.

FO U NDATI O N S I N PERSONAL FI NANCE PAGE 1 O F 2


Suzanne’s Candy Craze
CHAPTER 1, LESSON 1

DIRECTIONS
Answer the following questions and be ready to discuss with the class.

6. Did you know that 72% of Americans are burdened with debt? What makes this
percentage surprising?
i am suprised because almost the US is the most wealthist nation in the world.

7. Even though America is the wealthiest nation in the world, why do you think so many
Americans are struggling with money problems?
i think there are some many americans struggling because they increase their prices and make
people use more of their credit card to go into debt.

8. What kind of loan debt is not alleviated when you file for bankruptcy?
Student Loan

9. How do a person’s financial decisions impact his or her financial well-being over a lifetime?
When they are young it can affect their future by his good financial.

10. What did you learn from this lesson?


I learned that it is not good to to spend lots of money and don't use too much of our credit card.

FO U NDATI O N S I N PERSONAL FI NANCE PAGE 2 O F 2

PAGE 1 OF 2 DATE DIRECTIONS Take notes for each people group below as your teacher explains what each candy represents. NAME
PAGE 2 OF 2 DIRECTIONS Answer the following questions and be ready to discuss with the class. Suzanne’s Candy Craze CHAPTER 1

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