Lesson Plans for March 27-31, 2017

Monday-

Topics:  Communication is Key

Activities:  Video 3.1, note fill-ins, journal question; Discussion questions:  1. What are some important guidelines to remember when communicating with others about money?  2.  Why is it important to communicate with other household members about money? Activity:  Roommates and Money

Tuesday-

Topics:  Review of Chapter Material

Activities:  Students to complete the Ch. 10 Money in Review using their notes.  If don’t finish in class, for homework.

Wednesday-

Topics:  Review of chapter material

Activities:  Ch. 10 money in Review due.  Students to then participate in Kahoot to review chapter topics. Students with top 5 scores on game will receive 5 bonus points on test. **Test on Friday**

Thursday-

STAAR English II EOC Testing- If not taking test, please study for test tomorrow.

Friday-

Test- Ch. 10 Test- Money and Relationships

 

Lesson Plans for March 20-24, 2017

Monday-

Topics:  Become familiar with new vocabulary

Activities:  Students to define vocabulary for Ch. 10 using online book.

Tuesday-

Topics:  Understanding your money personality

Activities:  Discuss learning objectives; students to do measure your progress; video 1.1, note fill-ins and journal question; Discussion questions:  1.  How do a person’s values affect the way in which he or she handles money? 2.  Are you a natural saver or spender? Explain.  Homework:  Interview someone from parents or grandparent’s generation using given questions.  Completed interview due Friday.

Wednesday-

Topics:  Marriage and Money

Activities:  Video 2.1, note fill-ins, journal question; Discussion questions:  1.  In a marriage, who is supposed to do the financial decision making?  2.  In a marriage, besides telling your money what to do, what else does having a budget accomplish?  Activity:  “Creating Debating”

Thursday-

No class- Early release for District UIL Academics

Friday-

Topics:  Communication is Key

Activities:  Video 3.1, note fill-ins, journal question; Discussion questions:  1. What are some important guidelines to remember when communicating with others about money?  2.  Why is it important to communicate with other household members about money?

 

Lesson Plans for March 6-10, 2016

Monday-

Topics:  Review of chapter material

Activities:  Students to participate in test review game.  Winning students or team will receive 5 bonus points towards test grade.

Tuesday-

Activities:  Ch. 9 Test- Insurance

Wednesday-

Topics:  Ch. 9 Test results

Activities:  Students will receive back their graded Ch. 9 test. Students will make corrections to test as needed.

Thursday-Friday

Activities: Students will receive their progress reports for the 3rd nine weeks.  Time will be given to makeup any work that is needed.  Students can get the progress report signed and bring back by Tuesday, March 21,  for an extra 100 in gradebook.

 

Lesson Plans for Feb. 27-March 3, 2017

Monday-

Topics:  Long-term Insurance, disability and Identity theft protection

Activities:  Health Plan overview due/ Discuss;  Video 2.3, fill in note-blanks and journal question; Discussion Questions:  1.  What is the purpose of long-term care insurance?  2.  At what stage of life (what age) is long-term care insurance recommended?   Watch video 2.4, fill in note-blanks and journal question; Discussion questions:  1.  What is the purpose of disability insurance?  2.  Your disability coverage should be for ________?  3.  What is the most affordable way to get disability insurance?  4.  What is the purpose of identity theft protection?  Assignment:  Students will test their “phishing IQ” by going to foundationsU.com/Phish.  Complete test; review incorrect answers and write down what clue they missed in identifying the fraudulent email.

Tuesday-

Topics:  Importance of Life Insurance

Activities:  Video 3.1, fill in note-blanks and journal question; discuss; Activity:  What’s with the will

Wednesday-

Topics:  Insurance to Avoid

Activities:  Video 4.1, notes, etc. Discuss.  Activity:  Case Studies

Thursday-

Topics:  Review of Chapter material

Activities:  Ch. 9 Money in Review

Friday-

Topics:  Review of chapter material

Activities:  Money in review due; Test review game

**Test will be Monday over Ch. 9 material**

 

Lesson plans for February 13-17, 2016

Monday-

Topics:  Test results; questions about test

Activities:  Students to receive back graded tests;  discuss;  students will then do corrections as needed.

Tuesday

Topics:  Become familiar with new vocabulary

Activities:  Students to define the vocabulary for Ch. 9 using book in Google drive.  Due by the end of class.

Wednesday

Topics:  Protecting your wealth

Activities:  Discuss Learning Outcomes for section 1; students to read and answer the questions on “Measure your Progress” as well as journal question before watching video; Students to watch Video 1.1, fill in note-blanks & journal question; Discussion Questions:  1.  Explain the role of insurance in your financial plan?  2.  Why is it important to understand that insurance is a financial product?  3.  If you have a full emergency fund, what is the best way to keep your premiums down? 4.  What is a deductible? (see sidebar on p. 190)

Thursday-

Topics:  Basic Types of Coverage

Activities:  Discuss learning outcomes for section 2; students to watch Video 2.1, fill in note-blanks and journal question; Discussion Questions:  1.  What is the purpose of liability insurance protection?  2.  why do you need comprehensive coverage on your vehicle in addition to collision?  3.  What are some things that you can do to get a good deal on car insurance as a teen driver?  **Refer to p. 193 “Top things to know about auto insurance”.  Read and discuss.  Also refer to p. 191 “Need another reason to pay cash for your car?”.  Read then discuss.  Activity:  Auto Liability Limits

Friday-

Topics:  Basic Types of Coverage (cont.)

Activities:  Review yesterday’s topics; Discussion questions:  1.  What does a homeowner’s policy protect you against?  Refer students to sidebar on p. 194/ Discuss; Activity:  Understanding Renter’s insurance

Lesson Plans for February 6-10, 2017

Monday

Topics:  Employer Benefits and Retirement Plans

Activities:  Students to watch video 3.1/ Notes fill-ins and journal question.  Discussion Questions:  1.  What is the purpose of an employer benefits package?  2.  what are the typical components of an employer benefits package?  3.  When you leave a job, how can you move the money you have saved in your employer’s retirement without paying taxes and penalties?  4.  When is it okay to borrow money from your retirement plan?

Tuesday-

Topics:  Funding 401(k)s and Roth IRAs

Activities:  Go through several sample problems, then students are to complete the investment chart on the “Funding 401(k)s and Roth IRAs” worksheet keeping the following things in mind:  Contribution Limits (Roth IRA):  Individual- $5500/yr; Married- $11,000/yr.  Salary Cap (Roth): Single- $105,000; Married-$166,000. If don’t finish in class, for homework.  Due by the first of class Wednesday.

Wednesday-

Topics:  Review of Ch. 8 material (investing and Retirement)

Activities:  Students to complete Ch. 8 Summary (Test review) using notes from chapter. If don’t finish in class, for homework.  Due by the first of class Thursday.

Thursday-

Topics:  Review of Ch. 8 material (investing and Retirement)

Activities:  Students will participate in a test review game.  Top two scorers at end of the game will receive 5 bonus points on test.

Friday-

Activities:  Ch. 8 Test- Investing and Retirement

Lesson Plans for January 30-February 3, 2017

Monday-

Topics:  Mutual Funds

Activities:  Students to watch video 2.2/ Notes fill-ins and journal question.  Discussion Questions:  1.  Explain how mutual funds work? 2. What is the main advantage of a mutual fund? 3. What level of risk do mutual funds carry if well diversified?  Refer to graph on p. 170/ Discuss.  Will ten go over what a prospectus is and how to read.  Students will then complete the activity “Reading a Prospectus”.

Tuesday-

Topics:  Qualified plans, annuities, real estate, stock market

Activities:  Students to watch video 2.3/ Notes fill-ins and journal question.  Discussion Questions:  1.  What is a qualified plan?  Give an example.  2.  What does it mean to have an investment with a “tax deferred arrangement”?  3.  What is a Roth IRA?  4.  What is an annuity?  5.  What are some benefits of adding real estate to your investment portfolio?6. What are some downfalls of investing in real estate?  7.  In Dave’s opinion, what are horrible investments?  8.  What is the stock market?  9.  What is the primary difference between the American Stock exchange and the New York Stock Exchange?  Refer to p. 172 “Make the most out of your inheritance”/ Discuss. If time…students will complete activity “Name that Investment”

Wednesday

Topics:  Employer Benefits and Retirement Plans

Activities:  Students to watch video 3.1/ Notes fill-ins and journal question.  Discussion Questions:  1.  What is the purpose of an employer benefits package?  2.  what are the typical components of an employer benefits package?  3.  When you leave a job, how can you move the money you have saved in your employer’s retirement without paying taxes and penalties?  4.  When is it okay to borrow money from your retirement plan?  If time, hand back and discuss “Name that Investment activity

Thursday-

Topics:  Funding 401(k)s and Roth IRAs

Activities:  Go through several sample problems, then students are to complete the investment chart on the “Funding 401(k)s and Roth IRAs” worksheet keeping the following things in mind:  Contribution Limits (Roth IRA):  Individual- $5500/yr; Married- $11,000/yr.  Salary Cap (Roth): Single- $105,000; Married-$166,000. If don’t finish in class, for homework.  Due by the first of class Friday.

Friday-

Topics:  Review of Ch. 8 material (investing and Retirement)

Activities:  Students will participate in a test review game.  Top two scorers at end of the game will receive 5 bonus points on test.

Lesson Plans for January 23-27, 2017

Monday-

Topics:  Investing 101/ Basic rules of investing

Activities:  Students to watch video 1.1/Notes fill-ins and journal question.  Discussion questions.  Students will then identify 2 long-term financial goals and answer the following questions about each:  1.  Am I willing to make the financial sacrifices necessary to meet this goal?  2.  If I don’t accomplish this goal, what are the consequences?  3.  How much money do I need to accomplish this goal and when will I need it?

Tuesday-

Topics:  Basic rules of investing (continued), diversification, risk return ratio and liquidity

Activities:  Students to watch video 1.2/ Notes fill-ins and journal question.  Discuss what students put for journal question “If you were giving advice to a friend, what would you say are the most important things to know about investing?”  Discussion questions:  1.  Explain how diversification helps to protect your wealth?  Refer to quote on p. 165 under Diversification.  Refer to chart on p. 166/Discuss.  2.  Explain what risk return ratio is.  3.  Explain what the liquidity of an asset refers to.  Go through example of ranking investments in order of most to least liquid.  Lastly, refer students to sidebar “Throughout Stock Market’s history” on p. 165.  Read and discuss.

**Note:  All students will need to bring your headphones to class tomorrow**

Wednesday-

Early release for students- bring something to work on

Thursday-

Topics:  Types of Investments

Activities:  Students to watch video 2.1/ Notes fill-ins and journal question.  Discussion questions.  Students will then listen to one of the radio call ins from “Live from financial Peace Plaza” then write a brief summary. Will need to be prepared to share their summary of the phone call with the class.

Friday-

Topics:  Mutual funds

Activities:  Students to watch video 2.2/ Notes fill-ins and journal question.  Discussion Questions:  1.  Explain how mutual funds work?  2.  What is the main advantage of a mutual fund?  3.  What level of risk do mutual funds carry if well diversified?  Refer to graph on p. 170/ Discuss.  Will then  go over what a prospectus is and how to read.  Students will then complete activity “Reading a Prospectus”

 

Lesson Plans for January 16-20, 2017

Monday-

Holiday!

Tuesday-

Topics:  Review Ch. 6 material

Activities:  Students will participate in test review game.  Winning team will receive 5 bonus points added to their test.

Wednesday-

Ch. 6 Test- Consumer Awareness

Thursday-

Topics:  Test results

Activities:  Students will make test corrections as needed.

Friday-

Topics:  Students to become familiar with new vocabulary

Activities:  Students to define the vocabulary for Ch. 8.

Lesson Plans for January 9-13, 2017

Monday-

Topics:  Consumer awareness/Buyer Beware (cont.)

Activities:  Homework due (Commercial Viewer).  Discuss.  Show Video 4.1, notes, journal question.  Discussion questions.  Students to then complete the activity “The Cost of Cool”.

Tuesday-

Topics:  Buyer’s Remorse

Activities:  Video 2.1/Students to fill in notes and complete journal question.  Discussion questions:  1.  What constitutes a significat purchase?  2.  Give an example of immature spending behavior.  3.  What’s the correct way to pay for large purchases?  Refer to sidebar on p. 135 “The average U.S. …” 4.  Can you think of anything in your home that was bought but never or rarely used?

Wednesday-

Topics:  Opportunity Cost

Activities:  Video 3.1/Students to fill in notes and complete journal question.  Discussion Questions:  1.  Why is it important to develop power over purchase?  2.  When considering your buying motives, you should be sure that you are not confusing happiness with fun.  Explain what Dave means by this. **Refer to “how does inflation affect your buying power?” on p. 137.  Discuss.  Students will then be divided up into pairs and complete the activity:  “Opportunity Cost”

Thursday-

Topics:  Opportunity Cost activity; chapter review

Activities:  Students will complete the Chapter 6 Summary and Money in Review using their notes and/or book.

Friday-

Topics:  Chapter review

Activities:  Students to exchange and grade test reviews.  Discuss any questions that students had over review.