76-Gio and Banks: Scarcity, Choices, and Tradeoffs with Pat Segadelli

<p>•  Pat sent me a copy of his book, Gio and Banks: Scarcity, Choices and Trade-offs, and I read it to my financial literacy students today in class. I showed all the colorful pages to them and the illustrations and having a little bit side conversations as I'm reading your book with them. They loved it! Pat mentions, "it's reassuring to hear a high school senior really likes it, and finds enjoyment out of it, but also learn something from it to. We wrote the book and really targeted it towards the second or third grade audience, but there's proof that maybe it spans multiple grade levels for sure". (1:44)</p><p>•  You brought up the great vocab word being 'scarcity', and I loved how you broke it down in the book where scare-city... Perfect timing for Halloween. I asked my students if they had heard of that word? and they were who are like, No, no, I don't even know what that word is, or... And then I even asked them, "can you come up with the definition without using your phones?" or  "What does it sound like?" I did have a couple of students mention, "maybe it's not having enough of something". Okay, we're on the right track. Then, I continued reading your book which it is laid out perfectly for them. (4:43)</p><p>•   With Family Consumer Sciences, one of our national standards is that decision-making. Decision-Making standard  and economics is throughout all of our core classes, which that's always neat to see that crossover because a lot of times you don't even think about it, you just do it. Exactly, we just do it without necessarily giving much thought to it, but I guess that's one of the goals of economics, is to encourage people to analyze the decision-making process and really dig into the decision-making process, and I know you know that well with your students, that are juniors and seniors, and I have these conversations with my students because right now they're being faced with a major life decision. What am I gonna do next year? Am I going to go to college? Am I gonna enter the workforce? Am I gonn