Personal Finance & School children Part 11

 


Title: “Money Magic Returns with Ms. Anita”

It was Friday again, and the students of Class 6 rushed to their seats, eager for money magic. But when the door opened, it wasn’t Mr. Raj who walked in. Instead, there stood Ms. Anita, their very first money teacher from Class 4.

The class erupted in excitement. “Ma’am! You’re back!”

Ms. Anita smiled warmly. “Yes, children. Mr. Raj is away today, but he told me all about your wonderful progress. I’m amazed at how far you’ve come - from learning about saving and spending to understanding banks, loans, and even investments. Today, let’s continue where he left off.”

She looked around and spotted Kaushik. “I heard you ran a fruit stall last week. Very good! But let me ask, what happens if someone else sets up a stall selling the same fruits?”

The students remembered Mr. Raj’s hint. “Competition!” shouted Riya.

“Exactly,” said Ms. Anita. “Competition is not about fighting, it’s about choices. Let’s try it out.”

She quickly set up two pretend stalls, one with Kaushik again, and another with Aryan. Both were given equal tokens to buy fruits. The rest of the class became “customers.”

At first, Kaushik and Aryan priced their apples and bananas the same. But soon, customers asked, “Why should I buy from you and not from him?”

Aryan lowered his price slightly. Kaushik, in response, offered “two bananas for one token.” The class laughed and joined the fun, pretending to shop around.

Ms. Anita watched with delight. “Do you see what’s happening? When two businesses compete, customers get better prices, better choices, and sometimes even better service. Competition makes everyone sharper. But it also teaches businesses to be fair, because if they cheat, customers will walk away.”

By the end of the game, both stalls had earned some profit, though not as much as when they were the only seller. The children noticed this quickly.

“Very good,” said Ms. Anita. “That is the balance, competition benefits buyers, but sellers must work harder and smarter. This is how real markets work.”

The bell rang, and the children were still buzzing with energy. “Thank you, ma’am!” they chorused.

As she packed up, Ms. Anita said, “I’m proud of how much you’ve learnt. Next time, when Mr. Raj is back, I’m sure he’ll take you even further into the world of money magic. Remember - money isn’t just about numbers, it’s about choices and behavior.”

The children left smiling, eager for the next chapter.

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