So, I wasn’t sure if I would be able to make a post today–but here it is…
5th graders are awesome! I know they can be creative and have so many neat ideas… How about this activity?
Have them budget out what it would cost to produce and make a thing they really want to make!
I’m not talking a simple, “If I bake cookies I can sell them for $0.50 each” kind of thing. They need to take into consideration the production cost and everything. My children’s school has a fourth grade trade fair each year–I am thinking of something along these lines, but even bigger. Those kids think of something they want to make and produce it and then sell it at the trade fair where the parents come and other classmates and kids in that grade level can buy the stuff. I have seen a good variety of things…
- Frozen bananas
- Hair bands
- Friendship bracelets
- Decorated pencil tops
- Fridge magnets
- Printing costs
- Cost for book formatter
- Cost of illustrator (if I end up hiring one–I might actually do this myself)
- Cost for help with video
- Cost of my own time
- Make a Kids Menu Books logo design and pay for that
- Revamp kidsmenubooks.com and associated costs
- Take into consideration 5% funding fee and 4% credit card transaction fees need to be worked into the total budget.
- There are probably numerous other things but you might not want to read them all.
If you want to get the monthly update for Kids Math Teacher and my author adventure (Kickstarter campaign aimed for January 2015) please sign up for my monthly newsletter (form in the left column just below all my contact buttons).