Monday-

Topics:  Credit Bureaus and Identity Theft

Activities:  Students to watch video 4.1 and fill in notes and journal question.  Discussion Questions:  1.  What is a credit bureau?  2.  Typical client of credit bureaus?  3.  How longs does info stay on your credit report?  4.  What are the three main credit bureaus?  5.  How often should you check your credit report for errors?  6.  What issues was the Fair credit Reporting Act intended to address?  7.  Discuss the Fair debt collection practices act.  Identity Theft:  1.  Fastest growing white-collar crime in N. America?  2.  What are some warning signs that you may have had your identity stolen?  3.  What should you do if you think your are a victim?  4. Topics to protect yourself from identity theft?  5.  What should a strong password include?  Students are to then get onto Foundationsu.com and select and listen to an Ask Dave radio call.  Will need to summarize caller’s situation, including financial information needed to make a decision, followed by the advice that Dave gave the caller.  Turn in for a daily grade.

Tuesday-

Topics:  Chapter review over Debt

Activities:  Students to use their notes and book from Google drive to complete the chapter review questions.  If don’t finish in class, for homework.  Due by the first of class Wednesday.

Wednesday-

Topics:  Chapter review over Debt

Activities:  Chapter review questions due.  Students will then participate in a review game to go over topics for test.  Winning team will receive 5 bonus points towards their test grade.  **Test tomorrow**

Thursday-

Activities:  Test over Chapter 4- Debt

Friday-

Topics:  Ch. 4 Test results

Activities:  Go over Ch. 4 Test; students to make corrections to missed questions and turn back in by the end of class.

Monday-Tuesday

Topics:  Debt vs. Wealth Building

Activities:  Students to watch video 2.6 and mark fill-ins on notes then answer the journal question.  Discussion question:  1.  What is your largest wealth-building tool? 2.  List the steps to get out of debt.  Refer to sidebar on p. 89 about serious consequences of not repaying debt.  Read and discuss.  Refer to article “What about credit card rewards?” on p. 88 in textbook.  Read and discuss.  3.  What is the debt snowball?  How does it work?  Activity:  The Debt Snowball.

Wednesday-

Topics:  The Credit Score

Activities:  Students to watch video 3.1 and fill in notes and journal questions.  Discussion Questions:  1.  What does FICO stand for?  Refer to chart on p. 90 (5 components)  2.  What are the 5 components of the FICO score? 3.  Can you really live without a credit score?  Activity:  Students to get online and answer the following questions on their own:  1.  Explain what the 5 components of the FICO score mean (Describe)  2.  Range of possible FICO scores  3.  Levels marking bad credit, good credit, etc.  4.  How is manual underwriting an alternative to having to obtain a mortgage with a FICO score?

Thursday–Friday

Topics:  Credit Bureaus and Identity Theft

Activities:  Students to watch video 4.1 and fill in notes and journal question.  Discussion Questions:  1.  What is a credit bureau?  2.  Typical client of credit bureaus?  3.  How longs does info stay on your credit report?  4.  What are the three main credit bureaus?  5.  How often should you check your credit report for errors?  6.  What issues was the Fair credit Reporting Act intended to address?  7.  Discuss the Fair debt collection practices act.  Identity Theft:  1.  Fastest growing white-collar crime in N. America?  2.  What are some warning signs that you may have had your identity stolen?  3.  What should you do if you think your are a victim?  4. Topics to protect yourself from identity theft?  5.  What should a strong password include?  Students are to then get onto Foundationsu.com and select and listen to an Ask Dave radio call.  Will need to summarize caller’s situation, including financial information needed to make a decision, followed by the advice that Dave gave the caller.  Turn in for a daily grade.

 

Monday-Tuesday

Topics:  How to pay cash for your car; car leasing

Activities:  Students will watch video 2.2, filling in blanks on notes.  Will go over any missed blanks then students will answer the journal question: “Explain how the “drive free” method of buying a car works.” Discuss.  Other discussion questions:  1. How does having a car payment stand in the way of building wealth?  2.  Besides payments, describe 2 additional ways you lose when buying a new car?  Show video 2.3, students to fill in blanks on notes.  Will go over any missed blanks then students will answer the journal question: “Explain why leasing is a bad idea?”  Discuss.  Refer students to sidebar on p. 84.  Read aloud and discuss.  Other discussion questions:  1.  What does it mean to be upside-down on a credit purchase?  2.  What are some of the myths regarding car leasing?  Students to then complete the “Drive Free” activity on their own using the Internet and a calculator.  If don’t finish in class, due at the first of class Wednesday.

Wednesday-

Topics:  Buying a House

Activities: Students to watch video 2.4 and mark fill-ins on notes.  Discussion questions:  1.  Wise decisions you should make when buying a house?  Refer to graph on p. 85 (15 or 30-year mortgage).  Refer students to sidebar on p. 85.  Read and discuss.  2.  Fixed versus variable rate mortgages?  Refer to sidebar on p. 86 (Mortgages to avoid)  3.  Why are reverse mortgages a bad idea?  Activity:  search for a home to buy.  Students will then use a calculator and/or mortgage calculator to determine the following:  10% down payment  2.  Payments on the home if get a 15-year fixed rate loan at specified interest rate  3.  What take home pay would I need to make in order to keep the house payment at or below 25% of take home pay.

Thursday-

Topics:  Credit cards

Activities:  Students to watch video 2.5 and mark fill-ins on notes and answer journal question.  Discussion questions:  1.  Why are teens such a huge target for credit card companies?  2.  Studies show that people spend 12-18% more when using credit cards.  Why is that?  Activity:  Students are to find three credit advertisements (Ex.  car loans, credit cards, title pawn, etc.).  Students are to print advertisements then write three statements for each ad that either refute a claim or point out a negative reality of the debt product that the ad fails to reveal.

Friday-

Topics:  Debt vs. Wealth-Building

Activities:  Students to watch video 2.6 and mark fill-ins on notes then answer the journal question.  Discussion question:  1.  What is you largest wealth-building tool?  2.  List the steps to get out of debt.  Refer students to sidebar on p. 89 about serious consequences of not repaying debt.  Read and discuss.  Refer students to article “What about credit card rewards?”  on p. 88 in textbook.  Read and discuss. 3.  What is the debt snowball?  How does it work?  Activity:  The Debt Snowball.

Monday–

Topics:  Debt-  Product, Not privilege

Activities:  **You will need your headphones today because you will have a sub and will have to listen to the videos for this section on your own.**   Complete the Measure your progress (Before).  Watch Video 1.1.  Take notes and answer journal question.  Then read “The Devastating Effects of Credit.”  Watch Video 1.2.  Take notes and answer journal question.  Turn in completed note packet at the end of class.

Tuesday-Wednesday

Topics:  Hidden Costs of Credit

Activities:  Finish discussing second video from Monday.  Refer students to sidebar on p. 78.  Discuss.  Pull up and show national debt clock on foundationsU.com/clock and discuss national debt, elections, etc.  Students will then pick a partner and complete the “Hidden Costs of Credit” activity.  Discuss if time allows.

Thursday-Friday

Topics:  Debunking the Credit Myths; money myths

Activities:  Discuss Learning outcomes for Section 2.  Video 2.1-  students to fill in blanks in notes during video, then complete the journal questions.  Discussion Questions:  1.  Explain why cosigning a loan for a friend or relative is never a good idea. 2.  What is predatory lending?  3.  Why are people drawn to predatory lending companies?  Activity:  “Realities of Cash Advance”.

Monday-

Topics:  Review Ch. 3 material

Activities:  Students will participate in basketball test review game.  Winning team will receive +5 bonus points on their test.

Tuesday-

Activities:  Ch. 3 Test- Budgeting.  **You will need to bring a pencil since test is on scantron**

Wednesday-

Topics:  Test results

Activities:  Discuss test results; any questions about test; students will then correct their tests as needed.

Thursday-

Topics:  Objectives for next section (Debt); students to then become familiar with the vocabulary for the next section

Activities:  Students will define the vocabulary for Ch. 4  on a sheet of paper using online book.

Friday-

Topics:  Debt:  Product, Not privilege

Activities:  Discuss Learning Outcomes for Section 1.  Complete Measure your progress (Before). Watch Video 1.1.  students to take notes and answer journal question. Discuss video.  The read and discuss “The Devastating Effects of Credit.” Watch Video 1.2.  Students to take notes and answer journal question.

 

 

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 completed cash flow plans.  If don’t 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 together.  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 their 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 contribute some to savings to build an emergency fund.  All left-over money can be divided according to their family’s needs.

Wednesday-

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.

Thursday-

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.

Friday-

Student holiday!

 

 

Monday-

Topics:  Check writing, making deposits, recording into a check register, etc.

Activities:  Homework due:  Personal cash flow plans.  Students will participate in a mock check writing activity around the high school campus.  Completed check register will be due at the end of class.

Tuesday-

Topics:  Bank reconciliation

Activities:  Students will receive a pretend bank statement and will need to reconcile their bank statement with the check register from yesterday’s mock check writing activity.

Wednesday-

Topics:  The importance of having a zero-based budget

Activities:  Students will watch video 3.1 and be prepared to discuss video content.  Refer students to “How do you budget with irregular income?” article on p. 63 of book.  Discuss.  Students to then watch video 3.2 and be prepared to discuss content.  Students will fill in journal question for video 3.2 on their notes.  Go over blanks missed on note as well as several discussions.

Thursday-

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 completed cash flow plans.  If don’t finish in class, for homework.  Due by the first of class Friday.

Friday-

Topics:  Zero-based budgets

Activities:  Zero based budgets due.  Will go through budget for Jenna together.  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.

Monday-

Topics: Budgeting 101

Activities:  Go through learning outcomes for Ch. 3.  Students will complete the “Before” section on Measure your progress.  Students will then watch video 1.1, fill in blanks on notes, then be prepared to discuss the video content.  Sample cash flow plans will be shown and discussed.  Students will then watch video 1.2 and be prepared to discuss. Homework:  Students will have to keep a listing (by day) of all of their money coming in or out. (This can include money that your parents spend on you).  Must write date, who going to or receiving from, what for, and amount.  Will be due Monday of next week. (Oct 10).

Tuesday-

Topics:  Basics of Banking

Activities: Students to watch Video 2.1, take notes, and be prepared to discuss video content.  Students will receive activity “How to manage your checking account.”  Will discuss the parts of a check, how to fill out, and how to keep a check register.  Students will then have to complete a check register using sample transactions.  If don’t finish in class, for homework.

Wednesday-

Early release/ Bring something to work on

Thursday-

Topics:  Basics of Banking

Activities:  Review yesterday’s material.  Discuss how to reconcile a bank statement with the check register with activity “Balancing your checking account.” Students will then be given a copy of graphic organizer in which they will have to use to identify and describe the four types of expenses using p. 60 of student book.  Graphic organizer will be due Friday by the first of class for a daily grade.

Friday-

Topics:  The importance of having a zero-based budget

Activities: Graphic organizer due.  Students will watch video 3.1 and be prepared to discuss video content.  Refer students to “How do you budget with irregular income?” article on p. 63 of book.  Discuss.  Students will then watch video 3.2 and be prepared to discuss content.  Students will fill in journal question for video 3.2 on their notes.  Go over any blanks missed on notes as well as several discussion questions.

Monday-

Topics:  Review knowledge of Ch. 2 material

Activities:  Students will participate in Kahoot review game (Money Matters Ch. 2 Test Review) over Ch. 2 material (saving).  Review sheets will then be passed back and discussed. **Test Wednesday**

Tuesday-

ACT testing during morning class.  If not taking ACT test, please bring something to work on.

Wednesday-

Topics:  Test knowledge of Ch. 2 material

Activities:  Ch. 2 Test- Saving

Thursday-

Topics:  Ch. 2 Test results; reinforcement of chapter material

Activities:  Go over any questions/ problems on test.  All students will correct their tests by writing on notebook paper the question missed and correct answer and turn back in.

Friday-

Topics:  Become familiar with vocabulary for Ch. 3

Activities:  Students to define the vocabulary for Ch. 3 on a sheet of notebook paper using their book in Google drive.

 

Monday-

Topics:  Three Basic Reasons to save money (continued)

Activities:  Videos 2.2 and 2.3 and note fill-ins.  Class discussion.  Students to then complete the “Sinking Fund savings” activity.

Tuesday-

Topics:  Review “Reasons to Save Money”

Activities:  Discuss “Sinking Fund Savings” activity.  Will go thru how to figure out a monthly amount to put into a sinking fund for items, events, etc.  Students will then answer the 3 questions over sinking funds and be prepared to discuss their answers with the class.  Turn in when discussion complete for a daily grade.

Wednesday-

Topics:  The Power of Compound Interest

Activities:  Students will watch Video 3.1 then be prepared to discuss the video content.  Will go over graph on p. 43 and discuss interpretations.  Students will then complete the “Saving:  A way to build wealth” activity using the foundationsU.com website. Go to the investing calculator under “tools”.  Then use the investing calculator to complete the scenarios on the provided worksheet.  If don’t finish in class, for homework.

Thursday-

Topics:  Review knowledge of Ch. 2 material

Activities:  Students to complete the CH. 2 summary sheets using their notes and online book.  If review not finished during class, will be for homework and due by the first of class Friday.

Friday-

Topics:  Review knowledge of Ch. 2 material

Activities:  Ch. 2 review sheets due.  Students will then participate in Kahoot review game (Money Matters Ch. 2 Test Review) over Ch. 2 material (Saving).  Then review sheets will be passed out and discussed.

**Test Monday over Ch. 2.**