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          THINKING ANALYTICALLY ABOUT MONEY



          Complete the following on paper or in digital format.
          Analyzing potential purchases helps you decide whether the pros outweigh the cons. To practice, write down your thoughts
          on three potential purchases and their consequences. Use this format: “If I buy [fill in the blank] for [$ amount], I will be
          able to [whatever this purchase will allow you to do] but I won’t [whatever sacrifice you will have to make because of the
          expenditure].”
          Here is an example to get you started:
             If I buy the latest iPhone for $299, I will be able to access the Internet, take videos, and store music and photos,
             but I won’t have money for my sociology books, and I won’t be able to buy coffee every morning.







                                       KEY      4.3    Different articles may present different
                                                       perspectives on the same topic.

                                   Topic: How teens’ grades are affected by Internet use
                                    STATEMENT BY         STATEMENT BY A PR         STATEMENT BY A PROFESSOR
                                    A TEACHING           AGENT FOR AN INTERNET     SPECIALIZING IN NEW MEDIA
                                    ORGANIZATION         SEARCH ENGINE             AND EDUCATION

                                    “Too much Internet use   “The Internet use allows students   “The effects of the Internet on
                                    equals failing grades and   access to a plethora of information,   young students are undeniable and
                                    stolen papers.”      which results in better grades.”  impossible to overlook.”


                                   After the questions: What information is most useful to you?
                                   You’ve examined your information, looking at its evidence, its validity, its perspective,
                                   and  any  underlying  assumptions.  Now,  based  on  that  examination,  you  evaluate
                                   whether an idea or piece of information is important or unimportant, relevant or not,
                                   strong or weak, and why. You then set aside what is not useful and use the rest to form
                                   an opinion, possible solution, or decision.
                                      In preparing your paper on young teens and the Internet, for example, you’ve ana-
                                   lyzed a selection of information and materials to see how they applied to the goal of your
                                   paper. You then selected what you believe will be most useful, in preparation for drafting.

                                   Make Connections
                                   The last part of analytical thinking is when, after you have broken information apart,
                                   you find new and logical ways to connect pieces together. This step is crucial for research
                                   papers and essays because it is where your original ideas are born, and it is also where
                                   your creative skills get involved (more on that in the next section). When you begin to
                                   write, you focus on your new ideas, supporting them effectively with information
                                   you’ve learned from your analysis. Here are some ways to make connections.
                                   Compare and contrast.  Look at how ideas are similar to, or different from, each
                                   other. You might explore how different young teen subgroups (boys vs. girls, for exam-
                                   ple) have different purposes for setting up pages on sites such as Facebook or creating
                                   Twitter handles.

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