Personal Finance Assignments

Date

In Class Activities & Assignments

Check alphabetical seating chart to find seats
Welcome & prayer
Fill out Student Info sheet and 3 x 5 cards/take record
Why this class?
Review online class syllabus
Unit 1 objectives
Pair off: p. 2 - What do you think?
Hand out Student Guides
"Fail to Plan" TG, p. 2 on goal setting and PPT
Homework: Record how much money you spend this week on pg. 8, due next Tuesday. Read pages 1-13.

Discuss teen spending habits "Did You Know" - p. 9 - typical?
PPt 1-I, spending Record. Compile master list of potential sources of money for teens and ways they spend money.
PPt 1-J - M discussion about the decision making process steps
Go to NEFE website and play Unit 1 games in pairs
Homework: Study for quiz over Unit 1, especially pg. 9 decision making steps. Complete the Smart Goals Assignment handed out yesterday and personal spending record, pg. 8.

Hand in assignments due and Student Guide.
Opportunity Cost
In pairs, "Deciding to Buy a Car" - p. 11 (1-F)
Decision Making
Reality/Responsibility/Restraint (1-N PPt)
Saving, Spending, Sharing discussion (1-0 PPt)
In pairs - put Financial Planning Process step cards in order & explain them to your partner.
Quiz SM 1-4
Begin Trip Across TN activity in assigned groups of 5. Use the TN map and 2008 TN Vacation Guide. Stay within budget allotment.

Watch "Debt Stress - Teen Budgeting" and take quiz
Read p. 20-23 of Unit 2 - Quiz to follow (bonus added to video quiz)
Variable/Fixed/Periodic expenses discussion - p. 19
Do Ex. 2C, p. 19, independently
In groups, do "My Fixed and Variable Expenses", Assignment 2-2, pg. 20.
Pay Yourself First discussion
Ex 2D - "Saving to Meet Goals" - calculate and fill in
Homework: Using Unit 1 Smart goals assignment, do Assignment 2-3, p. 21. (Staple smart goal sheet inside book to pg. 21) - due Fri.

Watch "Buying the Basics - Food" and take notes, 10 points, to hand in.
Discuss personal plan (one week) sample budget, p. 22, and key yours in Excel
Discuss ways to stay on track with your budget, and share findings from your parent interview assignment
How to Build a Budget discussion and Excel instruction
Use Excel to do Assignment 2-4 "Build a Budget" for Jessica - print!

Luke 12:15
"Not what we have but what we enjoy constitutes our abundance"
Guest speaker on Investing - Jimmy France
Homework: Ask adults about strategies used to manage investments and about what they learned from saving and investing experiences. Create a "Top 5 Things to Do (or Avoid) when Investing" from this interview. Have the adults sign it. Due Tuesday.

*Hand in "Top 5 Things to Do When Investing" - share in groups
*PPt on Rule of 72
*So You Want to be a Millionnaire review
*Dollar Cost Averaging discussion
*Tracking Stocks - due two weeks from today, Oct. 7 (Bonus for printing excel line charts for both)
*Unit 3 Open Book test
*Hand in books to be checked.
Homework: Read your book for oral report. They will begin Friday, Oct. 3. Sign ups/names drawn in class today.

Memory Verse: Rom. 13:8 "Let no debt remain outstanding, except the continuing debt to love one another."
*Lucado God's Great House excerpt from "The Hall" chapter on bill collectors
*Begin Unit 4 on Good Debt, Bad Debt with "Can I borrow" activity
*Credit trivia T/F quiz - grade. Check then hand in.
*Do "What do you Think" in pairs, p. 42. Show PPt 4-A "Credit Facts" with answers.
*Read pg. 41-47 independently (complete as homework if necessary).
*Discuss the language and types of credit
*Make a master list of what they think a credit card app would require, then have them look at some copies handed out in pairs, and add to that list to report back to class.
Homework: Continue reading book for oral reports that begin Fri., Oct. 3. Keep track daily of your stock and mutual fund, due Tues., Oct. 7.

*Game Plan for Life of Coach Joe Gibbs and Rom. 13:8 "Let no debt remain outstanding, except the continuing debt to love one another."
*Oral book reports (see schedule)
*Sect. 2: Bonus MONEY magazine reports
Homework: Read the rest of Unit 4, pages 52-57

*Hand in books at end of class to be checked (Unit 4)
*Bonus reports from MONEY magazine articles and posters due
*Begin Unit 5 "Your Money - Keeping it Safe and Secure"
Memory Verse: Deut. 7:9 NIV ~ "Know therefore that the Lord your God is God; He is the faithful God, keeping His covenant of love to a thousand generations of those who love Him and keep His commands."
*Connect - WANTED!
*Preview of unit objectives
*pg. 60 What do you think?
*Credit Unions and Banks and their Financial Services activity (5-A and B)
* See who can list the most local banks and credit unions
*"When you open a savings account" 5-C
*"Saving for Financial Goals" 5-D
*Ex 5B, p. 62 - Look at First TN Bank's savings account features and conditions from their Service Fees brochure.
*Homework: Complete Financial Service Fees activity for one bank - due THURSDAY, Oct. 30
*Bonus option: Find recent news articles to provide examples of what occurred during a deceptive situation with someone's ID. Bring in highlighted article by next Thurs., Oct. 30, and share with class.

*Hand in Financial Service Fees activity and share articles about ID theft (for bonus)
*5-I visual, Debit cards and 5-J (PIN numbers)
*5-K visual - Credit Cards - review how to use credit cards responsibly from March 2008 magazine article "Credit Card Tricks to Watch out For"
*In pairs, compare the similarities and unique qualities of a credit card and a debit card using a Venn diagram. Hand it in.
*Choose the best credit card of the three offers presented
*Watch Identity theft video (10 min.) and discuss
*Act. 9.2-9.4 (handed out in class) - Checking Accounts--Checks, Deposit Slips, Checkbook Register, and Bank Reconciliation - if not completed in class, finish as homework - due TUESDAY
Hand in books to have Unit 5 checked.

Guest banker from Capital Mark Bank & Trust:, Mike Rouse, Exec. VP
Bring your book to class Tuesday.
The Unit 5 test is Tues.

*Begin Unit 6 on Insurance
*Memory Verse - Matt 6:20-21 “But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal; for where your treasure is there will your heart be also.”
*What do you think – in partners. p. 80
*PPt 6-A “Common Exposures to Loss”
*PPt 6-B “Alternatives for Managing the Possibility of Loss.” (Explore ways to manage risks as discussed on p. 81)
* 6-C: Managing Loss from Injury (in a car accident) – add ways to avoid such injuryns they may suggest:
* In pairs, fill in Col. 1 and 2 of Ex 6A and Ex 6B – managing the risks
*p. 61, Risky Business (brainstorming a list of risks that teens face in their daily lives and Ways to reduce or Avoid Risks)
*Discuss Auto, Homeowners, Life and Health insurance from Insurance Curric. in a Box Insurance Curriculum in a Box
*Make an Inventory of your personal property. It provides a record of property value in the event an item needs to be replaced and also provides guidelines to determine insurance coverage needs. Work independently to complete Ex 6D, My Personal Property Inventory, p. 84. Handed out in class.
*Unit 6 Project Options sheet discussed.

~Begin Unit 7 "Your Career: Doing What Matters Most"
~Memory Verse: Ecc. 5:20 TLB: To enjoy your work and to accept your lot in life--that is indeed a gift from God. The person who does that will not need to look back with sorrow on his past, for God gives him joy.
~Quiz (closed book!)
~List all the different jobs people do that have affected your life in the past 24 hours.(on back of quiz)
~Return Unit 6 tests
~What do You Think? in pairs – p. 96. Then go over and correct.
~pg. 96 – What should Dante do?
~Discuss the advantages of completing a two-year college program and a four-year program.
~Visual 7-A: Relationship of Career and Earning Power
~ Visual 7-B: Reasons Employees are Rewarded
~ Visual 7-C: The Opportunity Cost of Working
Homework: Read the rest of Unit 7, pages 100-108.

~Ex 7A, p. 98 - Why do People Work? In assigned groups of 3-4.
~Visual 7-D 1-9: Key Employee Skills
~Visual 7-E: Career Pathway
~Visual 7-F: Education and Experience
~Visual 7G: Ranking Order of Key Employee Skills.
~ Ex 7B, p. 98 - Rate Your Work Skills - independently
~Ex 7C, p. 99 - work with your group: Entry-Level Job Skills
~Go to http://www.online.onetcenter.org to view occupational information, such as skills, abilities, salaries. Look at Actuaries, and then a career of your choice. Write down skills and abilities and salary on worksheet distributed.
~Money Money Money activity SM 7-1 handed out. Explore online how education and training affect earning potential by comparing the education expectations and salaries for each of the five careers listed on the handout.
~Homework: Assignment 7-1, My Employability Skills Log handed out, due Thursday.

"Someday I'll"
~Visual 7-H: Average College Costs
~Visual 7-I: Education and Earnings
~Ex 7D, p. 102 "How Much is Attending Class worth?"
~Visual 7-J
~Visual 7-K: Typical Employee Benefits
~ Ex 7E, p. 104: Compare Employee Benefits, in groups of 2 or 3. Share results and justify their decision.
~Visual 7-L: Factors that can Affect Your Earning Potential
~Ex 7G, p. 107: Career Factors: work independently to rank these factors. Consider your criteria for job satisfaction as you rank the career factors on the chart.
~Ex 7-I, p. 109: To get you thinking about starting your own business. . .
~Homework: Interview an adult about their career choice and job satisfaction. Complete the interview questionnaire and be prepared to share results in class next Tuesday, Nov. 25, when it's due.