1. JA Economic for Success 7 th Grade Volunteer’s Name Volunteer’s Title Volunteer’s Company

2. Mirror, Mirror Decision Making – Self-knowledge – Interests – Values – Skills – The process of choosing among alternative courses of action. A person’s talents or abilities. A person’s preferred activities or hobbies. A person’s belief and ideals. A person’s awareness of the special qualities he or she has, including skills, interests and values

5. Career Assessment Explore Careers Explore Careers at JA Student Center! Click on Career Assessment Click New Users Register Here in the center of the screen Select Student, and choose your grade level from the drop-down menu Click Continue to create your account. Enter Activation Code: N3235773GYT Click Create New Account

6. Be a Success Goal – Monetary incentive– Motivation – Non-monetary incentive – Something that a person wants or works for. The financial reward that motivates a person to take an action. A driving force that directs a person’s behavior. A reward other than money that motivates a person to take an action.

8. Be a Success Commitment – Consequence – The act of pledging yourself to a course of action. The result of a decision or action.

10. College JA Student Center Find a College JA Student Center Pay for College

11. Keeping Your Balance Budget – Opportunity cost – Gross Income – Net Income – Expenses – A careful plan for spending or saving money received within a certain period of time. The next best alternative that is given up when a choice is made. Income before all taxes have been deducted. Income after all taxes have been deducted. The amount spent to make purchases and pay bills.

13. Budget Tools Needs vs. Wants Calculator Additional worksheets to help create money knowledge JA Money Might – Budget Game

14. Savvy Shopper Credit – Credit Card – Debt card – Interest – A card that allows users to make purchases through a limited personal loan, with the expectation that the money will be repaid at a later date, often with interest. A card that pays for a purchase directly from a checking account. A charge for a loan, usually expressed as a percentage. The ability of a consumer to buy goods or services before paying for them, based on an agreement to pay later.

15. Using Credit! AdvantagesDisadvantages

17. Credit Tools What is Credit? Credit Card Shopping Credit Card Statement Credit Card Quiz

18. Keeping Score Credit – Credit Score – The ability of a customer to buy goods or services before paying for them, based on an agreement to pay later. A standardized measurement of the potential for a borrower to repay debt.

19. Why does a credit score matter? Employers decide who to hire. Property owners decide who they will rent to. Insurance companies offering or declining coverage. Utility companies determining whether to open an account and/or require a security deposit. Financial institutions decide how much to loan and at what rate of interest. (Financial GPA)

20. What’s the Risk? Risk – Insurance – Premium – Policy – Deductible – Co-pay – The possibility of financial loss or physical harm. A contract that protects a person against financial loss or damage. An amount paid for an insurance policy. A written contract for insurance. Money paid out-of-pocket before insurance covers the remaining costs. A fixed fee an insured person must pay for a doctor’s visit, an outpatient service, or a prescription.

21. Types of Insurance Home Owner’sRenter Health/Dental/ VisionAuto Comprehensive Auto LiabilityCell phone BoatMotorcycle Life InsuranceDisability Insurance

22. Insurance Tools What is Risk Management? Health Insurance Disability/Life Insurance Property Insurance Risk Management Quiz