1. Disciplinary Vocabulary Strategies
Lesson
CSI-R Model
Y. Moreno
RED 6545
University of South Florida

2. Content
 STANDARD SS.2.E.1.4 Standard 1: Beginning
Economics
 Explain the personal benefits and costs involved in
saving and spending.
 Disciplinary Content Vocabulary
 Costs
 Spending
 Saving

3. Standards: CCSS
 CCSS.ELA-Literacy.CCRA.R.1: Read Closely-Evidence &





Inferences
CCSS.ELA-Literacy.CCRA.R.9 Analyze how two or more
texts address similar topics
CCSS.ELA-Literacy.CCRA.R.4 Interpret words and
phrases as they are used in a text
CCSS.ELA-Literacy.CCRA.SL.5 Make strategic use of
digital media and visual displays of data to express
information and enhance understanding of presentations.
CCSS.ELA-Literacy.CCRA.W.6 Use technology, including
the Internet, to produce and publish writing and to interact
and collaborate with others.
CCSS.ELA-Literacy.CCRA.L.4 Determine or clarify the
meaning of unknown and multiple-meaning words and
phrases by using context clues, analyzing meaningful word
parts, and consulting general and specialized reference

4. Investigate: Text 1 (Fiction Text)
 Alexander Who, Used to Be Rich Last Sunday by
Judith Viorst
 Comprehension Questions
How much money did Alexander get last Sunday from his
Grandma and Grandpa?
$1.00
What could Alexander do with the money he received?
He could spend it to purchase goods and services. He also
could save the dollar or give some or all of it away.
If people earn money through their work, what else will
happen?
They will have to pay taxes to the government.
What was Alexander’s main problem in the story?
He simply couldn’t keep from spending his scarce money or
losing it through unwise decisions.

5. Investigate: Text 1 (Fiction Text)
 Alexander Who, Used to Be Rich Last Sunday by
Judith Viorst
 Comprehension Questions
Give some examples of the poor decisions Alexander made
that kept him from saving his money.
He bought goods such as gum and a used candle, deck of cards,
and stuffed bear. He also purchased services that he later
regretted, such as snake rental and magic tricks. He also tried
betting and lost, and also was fined by his parents for careless,
unkind remarks.
In the story Alexander said, “Saving is hard.” Why is saving
hard for many people?
Saving requires the discipline to forgo current consumption in
order to enjoy consumption later on. (Hopefully more
consumption, because of the interest earned on savings.)

6. Investigate: Text 1 (Fiction Text)
 Alexander Who, Used to Be Rich Last Sunday by
Judith Viorst
 Comprehension Questions
Where do people often save their money?
People often save at a bank or credit union, using savings
accounts, money market accounts, certificates of deposit,
etc. People also purchase stocks and bonds with their savings
in the hope of earning dividends and interest.
Why do people save their money at a bank or credit union?
They usually earn interest on their savings deposits.
What does the bank usually do with the savings deposits?
The bank usually loans the savings deposits to other consumers
or to business people. In the hope of making a profit, the bank
charges a higher rate of interest than the interest rate it pays on

7. Investigate: Text 2 (Informational)
 Article: Kids Money Issues
http://mathandreadinghelp.org/articles/Kids_money
_issues.html
 Video: Earn, Spend, and Save
http://www.youtube.com/watch?v=dK7CzL0D_IM
 Comprehension Questions
Why is it important to save?
Where is the safest place to put your money that you are
saving?
What is the difference between a want and a need?
List two things that you want and two things that you need.
What should you spend your money on first, a want or a
need?

8. Report/Represent
 Create a poster with each vocabulary word, it’s
definition, and a picture of it using the “Printing
Press.”
 http://www.readwritethink.org/files/resources/interac
tives/Printing_Press/
 Play “Mad Money” at pbskids.org, in which you
will earn, spend, and save and your goal is to
have enough money at the end for the big-ticket
purchase item you chose.
 http://pbskids.org/itsmylife/games/mad_money_flas
h.html