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The Price Is Right

Published Sun, Jun 7, 2015 · 09:50 PM

THIS game seeks to inculcate in participants the important financial principle of spending within their means, seeing as spending beyond budget will usually result in debt, which is undesirable.

Participants first pick a budget card - for $5, $8 or $10 - which determines the maximum amount they can spend. With that budget in mind, they must purchase items from four categories: chocolate, ice cream, drinks, and chips.

The actual prices of the items will not be stated, so participants have to rely on their contextual knowledge of each item's value to make their decision. If the total expenditure turns out to fall below the stipulated budget, the participant wins the game and receives a prize; if it is over the budget, he loses the game.

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