Personal FinanceEssential Questions:
How do I budget my money effectively? Is a college education worth it? What process should I use to purchase a large investment? How do I determine whether a credit card is worth while? |
STOCK MARKET GAME
Play Ms. Eckert's stock market game.
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BudgetEssential Questions:
How do I budget my money effectively? |
LESSON: Budget
Take notes on Ms. Eckert's presentation. Then, over the course of the week, complete the Budget Activity.
Now that you know the realities of cost and finances. Think about your values. What factors do you consider in your financial decisions? Take the Life Values quiz. Read Financial Advice By Women. LESSON: Saving
Saving money is essential to sustaining an effective budget. There are two main reasons you should begin saving young: to get in the habit of saving and to to be able to accrue interest. Consider, should you begin saving in your twenties? Take notes on Ms. Eckert's presentation, then watch the video below. After class, read the article, Planning for Retirement in Your Twenties. |
CollegeEssential Questions:
Is a college education worth it? |
LESSON: Value of College
With tuition costs being as high as they are, many people are wondering if college is even worth it. Take notes on Ms. Eckert's presentation, read the College and Personal Finance handouts then watch the videos below.
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INVESTMENTSEssential Questions:
What process should I use to purchase a large investment? |
LESSON: Investing
Once you've identified your financial goals and established a spending plan, you know what you're saving for and how much you'll need to get there. For longer-term objectives, one of the best ways to watch your money grow is to invest. Take notes on Ms. Eckert's presentation. Then watch the videos below.
LESSON: STOCK MARKET GAME
Read the article, Stock Trader Types. Then begin to play Ms. Eckert's stock market game.
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CreditEssential Questions:
How can I budget my money effectively? How do I determine whether a credit card is worth while? |
LESSON: Credit Cards and Credit
Ever received a credit card offer in the mail? You will soon. Credit companies make a lot of money off of card holders... they want you to use their cards. They will find you. Credit offers typically come with a lot of papers written in very small print. Often, people don’t bother reading the “fine print.” That often means that they end up getting stuck with fees and charges that will surprise them. So how do you find a good plan? Evaluate three credit card plans and decide which plan is best in the Shopping for a Credit Card Activity. LESSON: History of Credit
In class, brainstorm the pros and cons of having a credit card. Here's a few: PROS
Watch the film "The Secret History of Credit Cards" from PBS.org and respond to questions related to the film in the History of Credit Cards Activity. After class, read the article, Credit or Debit? |
Competency
There will be a unit test on key terms and concepts from this unit. Study your notes from class to prepare or go to the Test Preparation page.