Tell Us About Your Most Economical Buy
Describe your most economical buy by interviewing someone, noting its cost, benefits, and a small drawing, then present your short report to family.
Step-by-step guide to Tell Us About Your Most Economical Buy
Step 1
Pick the one item you think was the most economical buy.
Step 2
Choose one person to interview who knows about that item.
Step 3
Write three short questions on your paper: one asking the cost one asking the benefits and one asking why it was a good buy.
Step 4
Ask the person for permission to interview them.
Step 5
Ask your first question and write down their answer.
Step 6
Ask your second question and write down their answer.
Step 7
Ask your third question and write down their answer.
Step 8
Write the exact cost of the item on your paper.
Step 9
Make a small drawing of the item and add one label to your drawing.
Step 10
Write a short 3 sentence report that includes the cost and the benefits you learned.
Step 11
Practice saying your report out loud one time.
Step 12
Present your short report to your family.
Step 13
Share your finished creation on DIY.org
Final steps
You're almost there! Complete all the steps, bring your creation to life, post it, and conquer the challenge!
Help!?
What can we use instead of crayons, markers, or a printer to make the required small drawing and label?
Use plain paper and a pencil or ballpoint pen to make the small drawing and hand-write the one label, or take a clear phone photo of the real item and add the label in the phone's notes app.
What should we do if the person we want to interview refuses or doesn't remember the exact cost?
Pick another person who gives permission as required in the 'Ask the person for permission' step, and if no one recalls the exact price check the receipt, bank app, or the store website before you 'Write the exact cost of the item on your paper'.
How can we adapt the activity for younger children or make it more challenging for older kids?
For younger kids reduce it to one simple question, a traced or sticker drawing, and a one-sentence spoken report, while older kids can calculate cost-per-use, compare two items, and expand the written report beyond three sentences before presenting.
How can we enhance or personalize our report and presentation before sharing it on DIY.org?
Add a photo of the item beside your small drawing, tape or scan the receipt when you 'Write the exact cost', label additional parts on the sketch, and record a short practiced video of your three-sentence report to upload to DIY.org.
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Facts about personal finance for kids
🏛️ The word "economical" traces back to Greek oikonomikos, meaning household management — people have been saving smart for ages!
💸 A $2 snack every day adds up to about $730 a year — tiny buys can become big costs over time.
🎯 Cost–benefit analysis is basically a simple checklist: compare what you give with what you get to find the best deal.
👂 Great interviewers ask open questions like "Why did you choose this?" — that’s how you learn the real benefits.
✏️ A quick sketch in a report helps people picture the item and remember your story better than words alone.
