Warm-up
Which do you play games on most?
- Phone
- Console
- Computer
- I don't play games
Hands up for your answer.
Top story
Game consoles got more expensive.
- Nintendo raised the U.S. Switch 2 price from $449.99 to $499.99 on September 1.
- Nintendo blamed higher memory-chip costs, a weaker exchange rate and higher oil prices.
- AI data centers are buying lots of memory chips, so fewer are left for consoles.
$50
how much more a Switch 2 costs in the U.S. since September 1
Talk about itIf a game console you wanted went up $50, would you wait, buy now, or skip it? Why?
Your money: How a price hike changes your savings plan
Goal ÷ weekly savings = weeks to wait.
When the price goes up, the number of weeks goes up too.
- $400 ÷ $25 a week = 16 weeks
- $450 ÷ $25 a week = 18 weeks
- 18 − 16 = 2 more weeks
TakeawayWrite down your goal, divide by what you can save each week, and redo it when the price changes.
Guess the number
The Switch 2 went up $50, from $449.99 to $499.99. About what percent is that increase?
about 11%
$50 ÷ $449.99 is about 0.111, which is about 11%.
Pop quiz
You want a $400 console and save $25 a week. The price rises to $450. How many more weeks do you need?
- A2 more weeks
- B1 more week
- C4 more weeks
- DNo more weeks
A. 2 more weeks. $400 ÷ $25 = 16 weeks. $450 ÷ $25 = 18 weeks. That is 2 more weeks.
Discuss
Game companies say their costs went up, so prices had to go up. When is it fair for a company to raise prices, and when is it not?
Worksheet
Today's worksheet
The story, the money lesson and questions, with an answer key on its own page.
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