1. How To Do The PFL Dance???
Austin ISD
February 18, 2011

2. Laura Ewing President www.economicstexas.org Laura@economicstexas.org
Texas Council on Economic Education (TCEE)

3. What Are We Doing Today? Who is TCEE?
Financing Your Future-citibank (on TEA approved list)
Financial Fitness for Life-Bank of America (TEA approved)
Hands on Banking-Wells Fargo (TEA approved)
Everfi

4. Professional Development
Economics
Personal Financial Literacy
Investor Education
Student Activities

5. Center Directors Cheryl McGaughey – Angelo State University
Steven Cobb – University of North Texas
Jean Walker – West Texas A&M
Alberta Davila – University of Texas Pan American
Phyllis Gilbert – Steven F. Austin State University
Germaine Gray – Texas Southern University

6. Upcoming TCEE Events June 20-21, 2011 SMG and PFL Conference-Houston
Stock Market Game
June 20-21, 2011 SMG and PFL Conference-Houston
August 1-4, 2011 FTE Program in San Antonio
All Events are listed at

7. Upcoming TCEE Events Economics Challenge Ricardo and Smith divisions
Online testing of teams of 4 in micro, macro, international March 14-25
Top teams to Austin on April 14-state capitol
PFL/Finance Challenge/state April Fed in Houston
One division
Online testing of PFL concepts
Top teams to Houston on April 12
State winning team-expense paid trip to NYC for national competition
Teachers have a chance to win $100 in each competition

8. Stock Market Game Begins September 27
No team fees
10 week live simulation
Virtual $100,000
Trade stocks, bonds and mutual funds
Grades 4 – 12
InvestWrite Competition

9. No Team Fees Thanks To Austin area: Fidelity Investments
Stock Market Game
No Team Fees Thanks To
Austin area: Fidelity Investments

10. Virtual Economics Version 4 coming soon 51 key economic concepts
1200 K to 12 hands-on lessons with multi-media demos
500 economic terms

11. FOCUS: Globalization 12 lessons including: Migration
Standards of Living
Environment
Social Studies Skills
Register at

12. PFL Texas Essential Knowledge and Skills
+ Which do you feel comfortable teaching?
= About which concepts do you want to learn more?
Which have you taught for several years?

13. Financing Your Future

14. Why is financial education important?
Record your ideas
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FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

15. Why is K-12 financial education so important?
The lack of financial literacy is a national problem.
Research suggests that learning about personal finance at an early age is the key.
Citizens need the knowledge to be able to make well-informed, sound public policy decisions.
9 November 2018
FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

16. Why is K-12 financial education so important
Americans have approximately $1 trillion in revolving credit card debt.
- half make the minimum monthly payment.
Nationally, those under 25 are the fastest- growing age group filing for personal
bankruptcy.
9 November 2018
FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

17. Financing Your Future Developed by NCEE
Personal Finance Video Series on DVD
Developed by NCEE
Funded by the Citigroup Foundation
9 November 2018
FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

18. Build financial success and Lead to a more satisfying life
Aimed primarily at High School Students
Helps students develop sound financial life skills
Illustrates how sound choices can
Build financial success and
Lead to a more satisfying life
9 November 2018
FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

19. The Teacher’s Guide includes:
15 lessons – 3 for each of the 5 videos
Tables of Correlation with
NCEE Economics Standards
Jump$tart Personal Finance Standards,
National Council of Teachers of Mathematics Standards
A glossary of terms
Pre- & post-test questions for classroom use
9 November 2018
FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

20. The first lesson for each video includes a short true/false and a short activity
The remaining two lessons feature role plays and group work to develop content introduced in the videos
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24. Video 1 – Get a Financial Life
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FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

25. Video 1 – Get a Financial Life
Introduces basic vocabulary and key concepts such as wealth building, savings and an important rule:
“Spend less than you earn”
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FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

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33. Video 2 – Get Smart
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FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

34. Video 2 – Get Smart Decisions Have Consequences
Covers trade-offs and opportunity costs related to decisions, both
small, e.g., “What to wear?” and
large, e.g., “How much time and income to devote to investing in one’s own human capital?”
9 November 2018
FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

35. Video 2 – Get Smart Decisions Have Consequences
A trade-off occurs when you give up some of one thing to have more of another.
An opportunity cost is the value of the next best thing that you have given up.
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FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

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39. Financing Your Future
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FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

40. Financing Your Future
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43. Video 3 – Get Banked
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FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

44. Video 3 – Get Banked The Banking Advantage
Illustrates how vital it is to have a banking relationship
Reveals the surprisingly high cost of being “unbanked”
Warns of the pitfalls of frequenting pay-day lending and check- cashing establishments
9 November 2018
FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

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46. How much insurance coverage does the FDIC provide
How much insurance coverage does the FDIC provide? The standard maximum deposit insurance amount is described as the “SMDIA” in FDIC regulations. The SMDIA is $250,000 per depositor, per insured bank, through December 31, On January 1, 2014, the SMDIA is scheduled to return to $100,000 per depositor, per insured bank, for all account ownership categories except Certain Retirement Accounts, which will remain at $250,000 permanently per depositor, per insured bank. 1.
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52. Video 4 – Get the Credit you Deserve
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FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

53. Video 4 – Get the Credit You Deserve
Demystifies credit and debt
Shows that smart decision-making can enable a more fulfilling life
Discusses APR calculations and credit scores in detail
9 November 2018
FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

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57. Video 5 - Get a Financial Plan
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FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

58. Video 5 – Get a Financial Plan
Stresses the importance of budgeting and planning, saving early and often
Discusses
compound interest
“paying yourself first”
various investment instruments
risk tolerance
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FINANCING YOUR FUTURE © NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

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66. Financial Fitness For Life
Compare the FFFL table of contents to the TEKS-standards. Write the number of the activity to the TEKS.

67. Choose one FFFL Lesson and…
Correlate with state
objectives
What are key activites?

68. Hands On Banking
Courtesy of
Wells Fargo Bank

69. EverFi Online self-paced student tutorial Video: http://db.tt/FKdBMeg
Katie Hughes

70. Provisions From EverFi
You have permission to use with your students due to funding by local businesses.
This is not on the TEA approved list.
If need assistance, please contact Jen Vaden
Schools Manager

71. Sign In
Please SIGN IN ON THE COMPUTER, using the code on the card.

72. Using EVER-FI Instructor registration Teachers
Pre and Post test for each student in each subject.
Game is simply to keep the students tuned in.
Users: create class code
teacher name and period or teacher/subject/teacher
Students receive the class code and log on at everfi.net
Go to student registration tab and enter class code, 1st and last name

73. Topics Resources: create announcements Reports: bookmarking feature
Pre and Post Test (70%)
Knowledge check points
Takes usually 30 to 45 minutes
Class code: separate how you see classes
Export to excel: ask tech department if can export to grade book
Performance analysis: aggregate
Game score report in curriculum

74. TOPICS (con’t) Topic in reports
Game score report (maybe allow extra credit)
Student delinquency will be deleted
Credentials report very useful
Click submit to receive entire list of students and pins
Profile: Can change password

75. Evaluation Thank you for being here.
Please complete the evaluation form and submit.

78. The PFL Dance Financing Your Future Financial Fitness for Life
I Generation:
Materials for review: Personal Finance Program by Siebert

80. Laura Ewing President www.economicstexas.org laura@economicstexas.org
Texas Council on Economic Education (TCEE)