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Lesson 7 of 20 · Financial & Real Life Thinking

Simulationintermediate

Advertising Tricks

What You'll Learn

Ads use tricks: beautiful people, exciting music, limited-time offers, celebrity endorsements. Their goal is to make you WANT things. Why does this matter? Media literacy and persuasion is a skill that will help you in school, in friendships, and in solving real-world problems. People who master this skill make better decisions and understand the world more clearly. Here's the process: Step 1 — Define the challenge. What exactly are you trying to figure out? Being specific about the question is half the battle. Step 2 — Gather information. What facts do you have? What might be missing? Not all information is equally useful — focus on what's relevant. Step 3 — Consider multiple options. Don't stop at your first idea. Challenge yourself to think of at least three alternatives. Often the best answer is one you didn't think of immediately. Step 4 — Evaluate your options. What are the pros and cons of each? What evidence supports each one? Which option has the strongest reasoning behind it? Step 5 — Make your choice and explain your reasoning. "I think ___ because ___" is the formula. Being able to explain your thinking is just as important as getting the right answer. Step 6 — Reflect. Was your approach effective? What would you do differently next time? This reflection step is how good thinkers become great thinkers.

Key Concept: Media literacy and persuasion

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Think About This

You're designing a solution to a real problem at school that involves media literacy and persuasion. Walk through your thinking process step by step.

Thinking Steps

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Define

State the problem or question about media literacy and persuasion in your own words. Be specific.

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Investigate

What evidence or information is available? What might be missing?

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Consider Angles

Look at this from at least two perspectives. What would someone who disagrees say?

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Reason It Out

Connect evidence to your conclusion: 'The evidence shows X, which means Y, because Z.'

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Test Your Thinking

Could you be wrong? What evidence would change your mind? Rate your confidence 1-10.

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Reflect & Connect

What thinking skill did you use? How could you apply this to something in your real life?

Key Points

1

Master media literacy and persuasion

2

Apply financial & real life thinking in real situations

3

Build habits of financial & real life thinking

Key Vocabulary

Evaluate

Judging how good or effective something is

Bias

A tendency to think a certain way that may not be fair

Perspective

A particular point of view or way of seeing things

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Why This Matters in Real Life

Investors use financial thinking to grow their money. Entrepreneurs use it to start businesses. These skills determine financial success more than how much money you earn.

Talk About It

Discuss these questions with a friend, parent, or classmate.

  • 1Give a real-world example where media literacy and persuasion would help you make a better decision.
  • 2What's the most common mistake people make with this kind of thinking?
  • 3How does this thinking skill connect to other subjects you study in school?
  • 4If you had to teach this to a younger student, what's the ONE thing you'd make sure they understood?

Check Your Understanding

Question 1

1 of 3

What is the main idea of media literacy and persuasion?