1. Unit One Olympiad!

2. Journal 7
OBJECTIVE:
Students will be able to…
Successfully demonstrate mastery of the Unit 1 standards!
AGENDA:
Announcements
Demonstrations of Superior Skill
Final Reminders
Write a paragraph explaining why we would have a unit on goal setting and planning in a financial literacy class. Be as specific as possible; explain what specifically you will be able to do with the knowledge you got this unit, using specific terms and academic language.
This is our only super serious thing today, so take it seriously. A paragraph means 5+ sentences, using good grammar ;)

3. Important Reminders!! Test next time– obviously
I’m also going to collect your journals next time. I will grade it out of 5(?). If you’re missing some, you may go on the website and get my PowerPoints to find them and do them by next time.
Remember, complete sentences unless the slide says otherwise. Even if your buddy in the class swears that I said you could just use bullet points
I’m also looking for a completely thought out response; that will typically mean at least 3 sentences (unless I say otherwise)

4. Expense Tracker Daily Reminder
Consider yourself reminded, son

5. Rules of the Olympiad
Today, you will be competing in teams for honor, glory, and sweet, sweet bragging rights. Awards will be given out based on the points your team accumulates throughout the class period. Some of these points will be directly tied to performance in feats of strength and mental cunning; others will be given out based on effective use of time and behavior. I, Mr. Bird, reserve the right to give and take away points as I see fit. Even though we’re going to have some fun today, let’s maintain order and civility in the classroom.
Please stand and say “I agree to the Rules of the Olympics”

6. Opening Ceremonies
Break into 4 equally sized teams and come up with a team name that will strike fear into the hearts of your enemies
Write your team name on one of the score keeping lines

7. Stretches Stand on your tip toes… and come back down
Grab your elbow with your other hand and pull it across your body to your shoulder…
Now the other side
Reach down and (try to) touch your toes

8. Pass the Point Instructions
In this challenge, each of you will be competing directly against someone from each of the other teams. The goal is to control “The Goods” at each of the randomly spaced “Checkpoints.” To gain control of The Goods, you must be the first to answer the question I ask correctly. If nobody in your group can answer the question, control of The Goods stays with whoever had it last.

9. “The Goods”

10. What is a desire to have what you want and have it now?

11. Instant Gratification

12. Another name for what you give up to get what you want

13. Opportunity Cost

14. The Law of Supply and Demand affects which third variable?

15. Price

16. Checkpoint!

17. This term describes the financial atmosphere in which you are trying to fulfill your goals

18. The (Economic) Market

19. Price goes ______ as supply goes up

20. Down

21. Checkpoint!

22. This is waiting until the most opportune time to get what you want

23. Delayed Gratification

24. Who is ultimately responsible for your finances?

25. Mr. Bird!
You!!!!

26. A condition of wants in a world with limited resources

27. Scarcity

28. As demand for an item goes up, it’s price will _________

29. Increase

30. Checkpoint!

31. Golden Round!!!

32. Name one of the 5 steps of financial planning

33. Determine your Current Situation,
Establish Goals, Look at Options/Alternatives, Make a Plan of Action, Reevaluate

34. The four things to look at while determining your current situation

35. Savings, Income, Expenditures (Expenses), Debts

36. Competitive Pass the Ball!!!
The Next Event
You know it…
You love it…
You probably dream about it…
Competitive Pass the Ball!!!
Last 5 standing earn an increasing number of points for their team

37. Flyswatter
Your team will line up near the front of the classroom, and at the start of each round, the person at the front of the line will approach the projector. I will ask a question and the first person to smack the correct answer with their team’s flyswatter wins a point.
This is a test of speed not strength. If you attempt to damage my stuff or each other, I will take away points

38. Flyswatter Savings Opportunity Cost Instant Gratification
Planned Expenditures
Income
Reevaluate
Supply and Demand
Make a Plan
Look at your Options
Determine Your Situation
Debts
Scarcity
Establish Goals