Lesson 3: Alexander Used to Be Rich
Handout 1

Literature Reflection Questions

Work in your group to answer the following questions about the story Alexander Who Used to Be Rich Last Sunday

  1. What choices did Alexander have with his money/income? 

 

  1. What positive incentives (a good reward for his action) prompted Alexander to spend his money? 

 

  1. What negative incentives (a punishment or bad effect) made him sorry he spent his money?

 

  1. What resource is scarce for Alexander? 

 

  1. Give examples of unwise decisions Alexander made with his money. 

 

  1. How do you think Alexander felt about his spending? What will he do next time? Have you ever felt this way? 

 

  1. What are “impulse spending” and “buyer’s remorse”?

 

  1. In the story we hear Alexander say “Saving is hard.”  Do you think this is true?  Why or why not? 

 

  1. Why do you think Alexander didn’t choose to donate any of his money?