Discuss issues from the book - Personal Finance Program - Explain the term "scarcity" that is limited resources, such as time, space, and money. Decisions - how does one spend his/her time, for example. Make a pie chart showing how you spend a day - discuss - cost benefit analysis-what is the expected benefit from what you choose to do? What are the opportunity costs? What did you have to give up? Distinguish between "wants" and "needs" (basic or luxury) - you make choices and there are consequences (positive or negative). Set goals and learn that decisions one makes about how to budget time, space, or money should be made wisely.