Lesson Plans for October 20-24, 2014

Monday-

Topics:  How to create a zero based budget

Activities:  Homework due:  Cash flow plans for last week.  Students will receive “The Student budget” activity sheets.  We will go through the 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.  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 do not finish in class, for homework.  Due by the first of class Tuesday.

Tuesday-

Topics:  How to create a zero based budget (continued)

Activities:  Homework due:  The Student budget.  Class will be divided up into “families.”  Students will draw for their family makeup.  They will come up with a family name and names for family members.  Students will then draw for their family’s income.  Families will need to divide their income by 12 to get a monthly income and multiply by .8 to get their income minus any taxes.  Afterwards, students must come up with a budget for their “family’ using the information that they are given.

Wednesday-

Band competition-  remaining students will be given time to complete any makeup work as needed.

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.

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 High School link then go to FPP  Radio Calls.  They will then need to choose one radio call to listen to.  On a sheet of paper, you will need to write which radio call topic you chose, summarize the caller’s question/situation, and Dave Ramsey’s advice to them.  Due by the end of class.

Lesson Plans for October 13-17, 2014

Monday-

Topics:  Budgeting 101

Activities:  Go through learning outcomes for Ch. 3. Students will complete the “Before” section on Measure your progress.  Students will 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. Students will receive activity “How to manage your checking account.” Will discuss 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. Due Tuesday first of class if don’t finish during class time.    Students will then be assigned the following homework:  they will have to keep a listing (by day) of all money coming in or out.  Must write date, who going to or receiving from, what for, and amount. Will be due next Monday.

Tuesday-

Topics:  Basics of Banking

Activities:  “How to manage your checking account” activity due.  Students will then watch Video 2.1 and be prepared to discuss the video content.  Next, we will 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 a 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 Thursday by the first of class for a daily grade.

Wednesday-

PSAT testing-  If not taking the test, you will need to bring something to work on or read.

Thursday-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 the 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.