Lesson Plans for October 5-9, 2015

Monday-

Topics:  Zero-Based budgets

Activities:  Students will receive “The Student budget” activity sheets.  We will go through scenario one and create a zero based budget for Marcus together as a class.  We will then go through how to calculate income for second scenario (Jenna) since it involves overtime pay.  Students will then be responsible for finishing the budget for Jenna as well as create a zero-based budget for themselves using their complete cash flow plans.  If don not finish in class, for homework.  Due by the first of class Tuesday.

Tuesday-

Topics:  Zero-based budgets

Activities:  Zero-based budgets due.  Will go through budget for Jenna.  Class will then be divided into groups of 4-6.  These groups will represent families of different makeups.  Each group will draw for their personal makeup.  Students will then choose a family name and names for family members.  Each group will record this information on the Student Activity Sheet.  Next, each group will draw for their annual income.  Students will need to divide this income by 12 (to determine their monthly income for budget purposes) then multiply that figure by .80 to get their monthly income after taxes.  After income is determined, each group will work together to create a zero-based budget based on the needs of their assigned family.  MUST include the basics for shelter, utilities, food, transportation, and clothing.  Also need to contribute some to savings to build an emergency fund.  All left-over money can be divided according to their family’s needs.

Wednesday-

Early release day–  Class will be given the opportunity to work on any assignments that they are behind on.

Thursday-

Topics: Review of Ch. 3 material

Activities:  Students are to complete the Ch. 3 Summary and Money in Review using their notes and their online book.  If don’t finish in class, for homework.  Due by the first of class Friday.

Friday-

Topics:  Reinforcement of Ch. 3 material

Activities:  students will be broken up into groups and given a scenario to read and discuss.  They must come up with, as a group, some possible solutions to the presented problems as well as answer any other questions that were given in scenario.  Students will then present their scenario and solutions to the class.  Afterwards, students will be directed to foundationsU.com.  They will need to click on the High School link and go to FPP Radio Calls.  They will then need to choose one radio call to listen to.  On a sheet of paper, they will need to write which radio call topic they chose, summarize the caller’s question/situation, and Dave Ramsey’s advice to them.  Due by the end of class.

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