F INANCIAL M ANAGEMENT II Targets & Activities

1/5: I AM ABLE TO : Differentiate among income and expenses. Describe 3 types of income with examples of each. Identify the difference in flexible and fixed expenses. Activities: Student Questionaire, Brainstorming, Reading article & WS, Personal Coat of Arms

1/7: I AM ABLE TO : Explore their interests, skills, and values as related to career options. Explore their personality types Utilize assessment inventories to aid in potential career selections. Activity: ohiomeansjobs self-assessments, Myers- Briggs Personality Test, Begin Career Research Activity

1/11: I AM ABLE TO : Utilize assessment inventories to aid in potential career selections. Activity: Career Research Paper

1/13: I AM ABLE TO : Define simple and compound interest Determine the impact of interest rates and time on total interest accrued Identify common savings vehicles Describe common features of savings vehicles Understand that compound interest leads to more interest over time than simple interest Describe the impact of compounding frequency on total interest accrued Describe the purpose of a budget Describe best practices to use when making a financial plan/budget Activity: Complete everfi.net Overview and module 1 “Savings”

1/15: I AM ABLE TO : Define simple and compound interest Determine the impact of interest rates and time on total interest accrued Identify common savings vehicles Describe common features of savings vehicles Understand that compound interest leads to more interest over time than simple interest Describe the impact of compounding frequency on total interest accrued Describe the purpose of a budget Describe best practices to use when making a financial plan/budget Activity: “Savings” PowerPoint & Notes,

1/20: I AM ABLE TO : Examine the different types of financial institution Understand the characteristics of different bank types Introduce the structure & function of the Federal Reserve Understand some basic terms/features ofaccounts Know the different types of accounts Identify common account fees & how they can occur Know the parts/function of the check Understand how to monitor/balance youraccount Activity: everfi.net module 2 “Banking” and Everfi Game

1/22: I AM ABLE TO : Examine the different types of financial institution Understand the characteristics of different bank types Introduce the structure & function of the Federal Reserve Understand some basic terms/features ofaccounts Know the different types of accounts Identify common account fees & how they can occur Know the parts/function of the check Understand how to monitor/balance youraccount Activity: “Banking” Power Point & Notes

1/27: I AM ABLE TO : Describe the parts/function of the check Understand how to monitor/balance your account Write a check correctly. Activities: module 3 “Payment Types”

1/29: I AM ABLE TO : Describe the parts/function of the check Understand how to monitor/balance your account Write a check correctly. Activites: “Payment Types” PowerPoint & Notes

2/2: I AM ABLE TO : Understand the basics of credit scores and their importance Identify the financial habits associated with certain credit scores Understand the basics behind credit score calculations Examine how financial behaviors can impact a credit score Understand how to request, read, andmonitor your annual creditreport Selectthe appropriate steps to monitor yourcredit report andfix errors Explain how credit scores canhave an impact on future financialdecisions Activity: everfi.net module 4 “Credit Scores”

2/4: I AM ABLE TO : Understand the basics of credit scores and their importance Identify the financial habits associated with certain credit scores Understand the basics behind credit score calculations Examine how financial behaviors can impact a credit score Understand how to request, read, andmonitor your annual creditreport Selectthe appropriate steps to monitor yourcredit report andfix errors Explain how credit scores canhave an impact on future financialdecisions Activities: “Credit Scores” Power Point & Notes

2/5 (WHITE)

2/9 & 2/11: Watch “Confessions of A Shopaholic” Credit Interviews Questions

2/17: I AM ABLE TO : Explain the concept of return on investment and the c onsiderations around borrowing to pay for education Categorize the differences in financial aid options, incl uding the specific differences in student loan types Explain the importance of applying for federal aid thro ugh FASA Choose a financial aid application or acceptance strateg y based on a particular financial scenario Categorize different student loan repayment options an d obligations after graduation Activity: everfi.net module 5 “Financing Higher Education”

2/19: I AM ABLE TO : Explain the concept of return on investment and the cons iderations around borrowing to pay for education Categorize the differences in financial aid options, includi ng the specific differences in student loan types Explain the importance of applying for federal aid throug h FASA Choose a financial aid application or acceptance strategy based on a particular financial scenario Categorize different student loan repayment options and o bligations after graduation Activity: Financing “Higher Education” Power Point & Notes, ACT & Scholarship Money Discussion

2/24: I AM ABLE TO : Recognize that the primary purpose of insurance is to mitigate risk Define common terminology associated with insurance policies Calculate the cost associated with different insurance policies, based on the deductible and premium amounts Explain how insurance companies evaluate policies based on individual risk Identify and explain the purpose of common taxes Use components of a paystub to answer questions about income and taxation Identify taxes and other deductions that appear on a typical paystub Identify and explain the purpose of common tax forms Activity: Complete everfi.net “Taxes and Insurance”

2/26: I AM ABLE TO : Recognize that the primary purpose of insurance is to mitigate risk Define common terminology associated with insurance policies Calculate the cost associated with different insurance policies, based on the deductible and premium amounts Explain how insurance companies evaluate policies based on individual risk Identify and explain the purpose of common taxes Use components of a paystub to answer questions about income and taxation Identify taxes and other deductions that appear on a typical paystub Identify and explain the purpose of common tax forms Activity: “Taxes and Insurance” Notes

3/1: I AM ABLE TO : Identify strategies that can be used to steal your identity or commit consumer fraud Identify ways your personal information can be used by identity thieves Recommend ways to protect personal information Describe ways to identify whether identity theft or consumer fraud hasoccurred Explain the purpose of consumer protection laws and organizations Categorize personal information or documents as sensitive or not sensitive Assess when personal information should be provided List and prioritize the steps to resolve suspected consumer fraud/identity theft Activity: everfi.net “Consumer Protection”

3/3: I AM ABLE TO : Identify strategies that can be used to steal your identity or commit consumer fraud Identify ways your personal information can be used by identity thieves Recommend ways to protect personal information Describe ways to identify whether identity theft or consumer fraud hasoccurred Explain the purpose of consumer protection laws and organizations Categorize personal information or documents as sensitive or not sensitive Assess when personal information should be provided List and prioritize the steps to resolve suspected consumer fraud/identity theft Activity: Consumer Protection PowerPoint & Notes

3/7: I AM ABLE TO : Understand that re-investment and time can increase compounding returns Compare and contrast different retirement plan options Describe how starting to save early can impact retirement savings Describe the differences between key investing options Explain why companies/governments typically issue stocks& bonds Examine the trade-off between risk and return with investments Activity: Notes, everfi.net module “Investing”; Finish ALL modules or improve scores.

3/9: I AM ABLE TO : Understand that re-investment and time can increase compounding returns Compare and contrast different retirement plan options Describe how starting to save early can impact retirement savings Describe the differences between key investing options Explain why companies/governments typically issue stocks& bonds Examine the trade-off between risk and return with investments Activity: Investing Power Point & Notes, Finish up Modules!

3/11: I AM ABLE TO : Guest Speaker

End of 3 rd Quarter

3/15: I AM ABLE TO :

3/17: I AM ABLE TO :

3/18 (WHITE)

3/22: I AM ABLE TO :

3/24: I AM ABLE TO :

SPRING BREAK

S TUDENTS W ILL : Define 12 basic terms related to income, taxes, and expenses. Determine whether expenses are fixed, variable, or periodic. Activities: Unit 2 NEFE Budgeting, Personal Coat of Arms, Begin Budget Simulation Step 1

S TUDENTS W ILL : Recognize approximate current salaries. Locate specific information about 3 careers of their choice (salary, training required, tasks performed, etc.) Activities: Salary Brainteaser, Estimated salaries activity, Parade Magazine, Begin career research

S TUDENTS WILL : Locate specific information about 3 careers of their choice (salary, training required, tasks performed, etc.) Activity: Research activity

S TUDENTS WILL : Brainstorm various careers’ impact on lifestyles. Apply information previously found regarding a career of their choice in regards to their future lifestyle. Activities: Small group activity, Begin Budget Simulation Step 1 (lifestyle)

S TUDENTS WILL : Identify the current starting salary for their chosen career as closely as possible. Determine their take home pay for that salary. Create a monthly budget for that salary, simulating living on their own. Activity: Budget Simulation, Steps 2 & 3. Work on Step 5 (furnishing an apartment), if time.

S TUDENTS WILL : Determine the amount that they can afford to spend on a vehicle based on their starting salary. Find online sources for purchasing a vehicle. Activities: Budget Simulation Step 6, Continue working on Step 5 if time.

S TUDENTS WILL : Explore the importance of investing. Activities: Guest Speaker

Mark Howard Edward Jones Financial Advisor, Eaton, Ohio

S TUDENTS WILL : Review and define various money management terms. Activities: 1. Small group activity 2. Read chapter 23, Families Today text, Questions #1-9 on pg. 463

S TUDENTS WILL : Explore their own values regarding the use of credit. Compare the pros and cons of the use of credit. Describe the 4 C’s of credit. Activities: Credit Survey Starter, Good Debt Bad Debt WS, Letters to Credit reporting agency

S TUDENTS WILL : Define entrepreneurship. Compare and contrast working for self versus others. Explore options for potential entrepreneurship. Activities: Entrepreneur PP, Entrepreneurship activity & flyer/advertisement