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Launch: Making Significant Financial Decisions: Difference between revisions
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Launch: Making Significant Financial Decisions (view source)
Revision as of 06:33, 13 January 2025
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(Created page with "{{bl| Launch: Making Significant Financial Decisions }}\ Provide a decision-making scenario: A family is deciding whether to buy a house, invest in a business, or save for their child’s college education. Each option has risks and benefits, and students must analyze the trade-offs to make a recommendation. Socratic Questions: Challenge: “Family Financial Decision Dilemma” ") |
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Socratic Questions: | Socratic Questions: | ||
# '''How did you balance short-term and long-term goals in your decision?''' | |||
#* A) Do you think prioritizing long-term goals might limit short-term gains, or could it provide more sustainable benefits over time? | |||
#* B) Could focusing on short-term goals potentially jeopardize long-term success, or might it lead to quicker achievements? | |||
# '''What role does risk play in significant financial decisions?''' | |||
#* A) Is risk an unavoidable part of financial decisions, or can careful planning eliminate much of it? | |||
#* B) Do you believe some risks are worth taking for the potential of higher rewards, or would you prefer to minimize risk at all costs? | |||
# '''How might emotions influence financial decision-making, and how can you address them?''' | |||
#* A) Can emotions cloud judgment and lead to poor financial choices, or do they sometimes offer valuable insights in decision-making? | |||
#* B) Do you think it’s more effective to suppress emotions entirely when making financial decisions, or is it important to acknowledge and manage them consciously? | |||
[[ Challenge: “Family Financial Decision Dilemma” ]] | |||
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[[ Challenge: “Family Financial Decision Dilemma”]] | |||
