Personal Finance Announcements

Friday June 2, 2017

Period 3: Watch Andy Andrews 7 Decisions on YouTube. I made a Google Doc with my notes; please add your comments as you watch the video.

Periods 7-8 and 9: You will have a guest speaker for you. Mr. Todd Rehrig from Shirley Katz insurance will be talking to you about insurance.

Thursday June 1, 2017

Today is our last day together. I'm glad we had this time together so you could learn about Personal Finance. Remember to take what you want from Moodle because the scores will be wiped to prepare for the next class.

Tomorrow Period 3 will be watching a motivation speaker on video. Periods 7-8 and 9 will have a guest speaker. Make sure you put your questions about insurance in the Moodle forum.

Also ... I would appreciate if whoever took my yellow bell would return it.

Dr. Kerby’s Parting Words of Wisdom

  1. Show up for your life, and live each day fully.
  2. Find the joy in all situations.
  3. Don’t take things personally.
  4. Avoid debt where you can.
  5. There is an opportunity cost when you borrow with interest due.
  6. Always check the paper supply before you sit down.
  7. Play as hard as you work.

Wednesday May 31, 2017

Create a positive Web presense

At the Bell: Log on and open your computer to today's lesson.

Objectives:  As a result of this lesson, students will: 

  1. Identify types of Web hosting
  2. Set up a Web page to create a positive digital presence

Assessment: Create a positive Web presense including what you have accomplished and what your plans are for the future. If you are not in class, you can email what you created to dockerby@pmsd.org.

Extension: Peer tutoring, personal Website

Resources:

Enrichment: If you don't want to set up something online today, spend the time researching the different options for Crowdfunding and make a comparison chart; you can show fees, maximum GB, etc.

Tuesday may 30, 2017

Lesson 2: Tax Structures, Entitlements, and Tipping.

At the Bell: Complete "At the Bell: Taxpayer Basics Review" in Moodle

Objectives: As a result of this lesson student will:

  1. Differentiate between progressive, regressive, and proportional taxes.
  2. List federal entitlement programs.
  3. Explain the long-term impact of entitlement programs on the economy.
  4. List the Do's and Don't of Tipping

Assignment: Complete "Tax Structures, Entitlements, and Tipping" in Moodle under Taxpayer Responsibilities.

Resources:

Enrichment:  Choose one of the following.

 

Friday May 26, 2017

In Moodle, post questions you still have about insurance.

Final quiz makeups and other makeup work.

If you need points, work on a Knowledge Matters tutorial of your choice.

Thursday may 25, 2017

Credit Card Shopping after we talk about renter's insurance a little more.

At the Bell: Pick up a copy of the worksheet for today's lesson.

ObjectivesAs a result of this lesson, students will:

  1. Understand the short and long term costs of using credit cards.
  2. Research credit card offers.
  3. Compare different credit card offers.

Assignment: Credit Card shopping activity. Look the all of the links before you do the worksheet. Also, if you are having trouble finding terms and conditions, do a specific Internet search. Ex: "Capital One late charge amount."

Resources:

Enrichment: If there is still class time left, go to http://www.mypf.swep.com/4e/. Complete the Chapter 16 and 17 lessons 1 and 2. Hand in your printouts. This is good review. You can also use this to replace a zero in the grade book.

Wednesday May 24, 2017

At the Bell: Log in and open your browser to today's announcement.

Objectives: As a result of this lesson, students will identify life risks and research methods of protecting themselves from those risks.

Assignment: 5.2 review in Moodle

References:

Enrichment:

Tuesday May 23, 2017

At the Bell: Pick up a piece of scrap paper from the desk by the classroom door. Make a list of situations where insurance could help or protect you or your loved ones. I will come around in a few minutes to see what you have.

Objectives: As a result of this lesson, students will

  1. define vocabulary relevant to the insurance industry
  2. identify life risks
  3. research methods of protecting themselves from risks

Assignment: 5.1 Insurance Terms Review in Moodle, Unit 5.

Resource:

Enrichment: Insurance Terms Review in Moodle; Do some research on renter's insurance policies. Make a table to compare 5 different policies. Show the name of each insurance company, policy title, what is covered, how much is the deductible, and what the price is.

Monday May 22,2017

We are doing a final review of Unit 4 material. If you owe any work, submit it today. There is a second quiz for Unit 4 which is optional; take it if you want and the score will only count if you want it to count.

At the Bell: Go to Kahoot.it for a review of Unit 4 material

Objectives: Review and assess knowledge and understanding of terms and concepts related to consumer credit

Assignment: Complete any work that you need to submit from Unit 4. If you are all caught up, work on an enrichment.

Enrichment: Complete a simulation of your choice at the Knowledge Matters Website

Friday May 19, 2017

Unit 1 Lesson 6 Identity Theft

At the Bell: Complete "ATB: Final Credit Unit Review" in Moodle, Unit 4.

Objectives: As a result of this lesson, students will understand what identity theft is and list ways to protect themselves from it

Assignment:

Resources:

Enrichment: Review questions on handout (save and upload to Moodle, Unit 5) -- OR -- Create a poster encouraging good identity protect practice -- OR -- a poster or cartoon to show someone what to do if they think their identity has been stolen.

Gordon R on late classwork Image taken from http://doverondemand.weebly.com/my-classroom.htmlThursday may 18, 2017

Unit 1 Lesson 5: Credit Cards. If you owe a quiz, make it up today.

At the Bell: Complete "At the Bell: Credit Score Review" in Moodle, Unit 4

ObjectivesAs a result of this lesson, students will: 

  1. Understand the sections of a credit card statement
  2. Identify the purpose of an EMV chip on a credit card
  3. Locate resources to research credit card terms and conditions
  4. Select a credit card that meets their needs

Assignment: 4.5 Reading a Credit Card Statement

Resources:

Wednesday May 17, 2017

Unit 1 Lesson 5: Credit Basics Assessment. Today is also the last call for any makeup quizzes from Unit 3.

At the Bell: Go to Kahoot.it for a review before the quiz.

Objectives: As a result of this lesson, students will:

  1. Demonstrate understanding of terms and concepts related to credit.
  2. List and define the elements of a credit score
  3. Understand how to calculate a credit score.

Assignment: Credit Basics Quiz

Enrichment: Credit Score Enrichment in Moodle, Unit 4 -- OR -- Research and report on Fair Isaac and Company. How does it relate to your credit? Include 2 sources. Upload to the Enrichment link in Moodle, Unit 4.

Tuesday May 16, 2017

Unit 1 Lesson 4: Credit Scores

At the Bell: Complete "At the Bell: Credit Report Review" in Moodle, Unit 4

Objectives: As a result of this lesson, students will:

  1. Demonstrate understanding of terms and concepts related to credit.
  2. List and define the elements of a credit score
  3. Understand how to calculate a credit score.

Assignment: 4.4 Credit Score Review in Moodle

Resources:

Enrichment: Credit Score Enrichment in Moodle, Unit 4 -- OR -- Research and report on Fair Isaac and Company. How does it relate to your credit? Include 2 sources. Upload to the Enrichment link in Moodle, Unit 4.

 

Monday May 15, 2017

Unit 1 Lesson 3: Credit Reports. There will be a quiz Wednesday on Credit Lessons 1 - 3.

At the Bell: Complete "ATB: Credit Management Review" in Moodle, Unit 4.

ObjectivesAs a result of this lesson, students will identify major components of credit reports:

  1. List the 3 major credit bureaus
  2. Interpret a credit report.
  3. List the components of credit history.

Assignment: Read through all of the links listed in today's Resources (below). Then complete the "4.3 Credit Report Review" in Moodle.

Enrichment: Credit: Your Best Friend Or Your Worst Enemy? Worksheet. Type your answers into a Word document and upload it to the Unit 3 Enrichment link.

Resources:

Friday May 12, 2017

Unit 1 Lesson 2: Credit Management. There will be a quiz next Wednesday on Credit Lessons 1 - 3.

At the Bell: Complete: "At the Bell: Credit Basics Review 1" in Moodle, Unit 4

Objectives: As a result of this lesson, students will:

  1. Identify use and misuses of credit:
  2. Differentiate between types of credit: installment, open- and closed-ended, secured and unsecured credit.
  3. List and explain the Five C's of credit.

Assignment: Complete 4.2 Credit Management in Moodle

Resources:

Enrichment: Situational Analysis Questions -- OR -- Research scholarship and/or internship opportunities and post-secondary schools.

Thursday May 11, 2017

Unit 4 Lesson 1: Credit Basics.

At the Bell: Retake the Unit 3 Knowledge Assessment in Moodle. Make sure to do this right away so you will be ready to start today's lesson.

Objectives: As a result of this lesson, students will:

  1. Identify use and misuses of credit:
  2. List and define the types of credit: installment, open- and closed-ended, secured and unsecured credit.

Assignment: Notes / class participation; 4.1 Credit Basics Review 1 in Moodle, Unit 4

Resources: Study Guide and PowerPoint

Types of credit:

Advantages and disadvantages of credit:

Wednesday May 10, 2017

Period 3 has a guest speaker. Periods 7-8 and 9 are doing the lesson below.

Today is an open lab. Choose an activity from the list below that will give you the most benefit. If you finish early you can work on an enrichment activity. If you like the simulations you can choose one of those to do as enrichment.

At the Bell: Open the Word document Personal Finance Lab Day and save it to your computer or network drive..

Objectives: As a result of this lesson, students will

  1. Research tools and supports for college or other after high school activities.
  2. Start preparing for life after high school.
Assignment: Respond to the writing prompts on the handout. Make sure you upload it to Moodle in before you go. The upload spot is at the top of the page, above Unit 1. There are a couple activities for you to work on. Start with the one that is most relevant to you. Than do as many others as you have time for.
  1. Looking for a college.
  2. Looking for college financing.
  3. Planning to work after high school.
  4. If you are armed forces bound, here is something for you.

Enrichment: Choose one of the following.

Tuesday May 9, 2017

Unit 3 Assessment #2: Checking Account Quiz. After the quiz we will be discussing next week's election.

At the Bell: Complete "At the Bell: Unit 3 Review Questions" in Moodle.

Objectives: Demonstrate understanding of Checking Account documents

Assignment: Checking Account Quiz

Resources:

Enrichment: Make a poster or cartoon about something we covered so far such as responsible use of credit, how to choose a bank, and so on or choose another enrichment from Unit 3. Remember, if you have zeros you can replace them with an well done enrichment activity.

Monday May 8, 2017

Unit 3 Lesson 9: Online Banking and Shopping. This is our last lesson in Unit 3. Tomorrow is Quiz #2 and Quiz Makeups as well as the last day I will accept Unit 3 classwork.

At the Bell: Complete "ATB: Interest Rates" in Moodle, Unit 3.

Objectives: As a result of this lesson, students will:

  1. Understand how to shop for a bank and a credit card.
  2. Explain the concept of “cash back” from a purchase.
  3. Understand credit card incentives i.e. 0% interest, travel rewards, cash back, etc.
  4. Explain how to use a credit or debit card for a purchase online and offline.

Assignment:

Enrichment: If there is time, play the Financial Football Game -- OR -- Compound Internet worksheets

Resources:

Reminder: The Unit 3 Quiz #2 will be tomorrow.


Friday May 5, 2017

Unit 3 Lesson 8 - Knowledge Matters Assignment 7: Choosing and Balancing a Checking Account.

At the Bell: First respond to the question below. Then, complete the "Choosing and Balancing a Checking Account" lesson Reading and Reading Quiz at knowledgematters.com.

Objectives: As a result of this lesson:

  1. Students will be able to read and identify key information on a W2 wage and tax statement.
  2. Students will be able to read and identify key information on a 1099-Int interest statement.
  3. Students will be able to fill out a 1040EZ form.
  4. Students will be able to use a tax table to compute tax owed.
  5. Students will be able to compute whether they owe tax or should receive a refund.

Assignment: Knowledge Matters Assignment 7: Choosing and Balancing a Checking Account Simulation. You can skip through the Math Quiz.

Enrichment: Assignment 10: Education and Advancement at the Knowledge Matters website

Thursday May 4, 2017

Unit 3 Lesson 7: Review and Practice. The Checking Account quiz will be Tuesday next week.

At the Bell: Check reconciliation review Bank Reconciliation Quiz (Do #1 - 8 and 11). Answer them yourself first, then we will go it together.

Objectives:

  1. Demonstrate knowledge and understand of depository institution and the products and services they offer.xcx
  2. Demonstrate understanding of checking account documents.

Assignment: Checking Account Project

Resources:

Enrichment: Create a comic strip or PowerPoint explaining how to pay with a check, make a deposit, or balance a checkbook.

Wednesday May 3, 2017

Unit 3 Lesson 6: Check Reconciliation.

At the Bell: Answer the review questions on the handout. Use your notes to check your work.

Objectives: As a result of this lesson, students will:

  1. Demonstrate knowledge and understand of depository institution and the products and services they offer.
  2. Demonstrate understanding of checking account documents.

Assignment: 3.6 Check Reconciliation Practice online and on the handout. I have printed copies of what you need to hand in.

Resources:

Enrichment: Alternatate Bank Reconciliation Practice (I have printed copies)

Tuesday May 2, 2017

Unit 3 Lesson 5: Using a Check Register after the quiz on depository institutions and types of accounts.

At the Bell: Complete “At the Bell: Checking Accounts” in Moodle, Unit 3. Then do a quick review of your notes from Unit 3 Lesson 1 through 3.

Objectives: As a result of this lesson, students will:

  1. Demonstrate knowledge and understand of depository institution and the products and services they offer.
  2. Demonstrate understanding of checking account documents.

Assignment: Check register practice online and on the handout

Resources:

Enrichment: Read and summarize the article "How to Start Your Own Bank" at Huffingtonpost.com - OR - Read the article, “When Should I Use Credit and When Should I Use Debit When Shopping?” at LifeHacker. After you finish reading, complete a pair of lists (or a side-by-side comparison table) showing information about Debit Card Purchases on one side and information about Credit Card Purchases on the other. Include items such as advantages/disadvantages, what you would purchases with Debit or Credit, fees, what is expected from you to complete the purchase, how your finances are affected, and other advice.

Monday May 1, 2017

Unit 3 Lesson 4: Checking Account Basics. There will be a short quiz on Depository Institutions and Types of Accounts tomorrow.

At the Bell: Complete “At the Bell: Types of Accounts” in Moodle, Unit 3.

Objectives: As a result of this lesson, students will:

  1. Identify the parts of a check.
  2. Demonstrate the ability to fill out checks, deposit slips and a check register.

Assignment: 3.4 Check writing practice worksheet (I have handouts)

Resources:

Enrichment: Additional check writing practice OR Choose from one of the following:

Friday April 28, 2017

Unit 3 Lesson 3: Types of Accounts. There will be a short quiz on Depository Institutions and Types of Accounts Monday.

At the Bell: Complete “At the Bell: Depository Institutions” in Moodle, Unit 3.

Objectives: As a result of this lesson, students will:

  1. Identify the difference between account types such as regular savings, checking, Christmas/vacation clubs, certificates of deposit, mutual funds, and IRAs.
  2. Research a variety of online financial resources including banks, credit unions, savings and loans, and investment companies.

Assignment: Read the rest of the “Money Matters” newsletter and complete "3.3 Types of Accounts" in Moodle, Unit 3.

Resources:

Enrichment: Choose from one of the following:

Thursday April 27, 2017

Unit 3 Lesson 2: Depository Institutions.

At the Bell: Complete "ATB: Types of Money Matching" in Moodle, Unit 3

Objectives: As a result of this lesson, students will:

  1. Understand the basics of depository institutions
  2. Identify a variety of online financial resources including banks, credit unions and savings and loans
  3. Understand how depository institutions are protected
  4. List checking account basics

Assignment:

Resources:

Enrichment: Choose from one of the following:

Wednesday April 26, 2017

Unit 3 Lesson 1: Types of Money

At the Bell: Log into Moodle and take the Unit 3 Knowledge Assessment. You will retake it at the end of the unit.

Objectives: As a result of this lesson, students will:

Define types and identify the purpose of currency including cash, electronic, money orders, cashier’s checks, certified checks, traveler’s checks, and bank and prepaid debit and credit cards.

Assignment:

Resources:

Enrichment: Read and summarize the article "How to Start Your Own Bank" at Huffingtonpost.com. Remember Enrichments can be used to replace a zero in the grade book.

Tuesday April 25, 2017

Unit 2 Lesson 3: Create a personal budget

At the Bell: Complete the Budgeting and Saving Quick Review in Moodle.
                             
Objectives:  As a result of this lesson, students will:

  1. be able to read a pay stub and understand gross pay, payroll deductions and net pay.
  2. be able to estimate monthly income and expenses based on their pay stubs and their bills.
  3. be able to determine whether they expect a surplus or deficit in their budget.
  4. be able to read a bank statement to determine their actual income and spending and to compare that to their budget.
  5. will understand how to open a savings account.
  6. recognize the importance of saving money for an emergency fund.

Assignment: Create a budget for next year. Also, complete the Budgeting and Saving simulation at Knowledge Matters if it is not complete.

Enrichment:  Develop a “what-if” scenario and develop a budget for a period of job loss.

Resources:

Monday April 24, 2017

We are meeting guest speakers from Keystone Community Bank in Ms. Garvey's classroom. Go straight to Room 118.

image of a guest speaker

Friday April 21, 2017

Unit 2 Lesson 2: Budgeting Simulation

At the Bell: Do the Budgeting and Saving Reading and Reading Quiz on the Knowledge Matters site.
                             
Objectives:  As a result of this lesson, students will:
  1. be able to read a pay stub and understand gross pay, payroll deductions and net pay.
  2. be able to estimate monthly income and expenses based on their pay stubs and their bills.
  3. be able to determine whether they expect a surplus or deficit in their budget
  4. be able to read a bank statement to determine their actual income and spending and to compare that to their budget.
  5. will understand how to open a savings account.
  6. recognize the importance of saving money for an emergency fund.

Assignment: Complete the Budgeting and Saving Reading and Math Quizzes and the Simulation at Knowledge Matters

Enrichment:  Develop a “what-if” scenario and develop a budget for a period of job loss. (If you have a zero, you can do this in addition to today's assignment to replace the zero).

Resources:

Thursday April 20, 2017

Today is Unit 2 Lesson 1: What’s on my pay stub?

At the Bell: Open your computer to today's lesson. Open the PowerPoint and start looking through it.

Objectives: As a result of this lesson, students will:

  1. Identify a variety of income tax withholding and other pay deductions; understand the relationship to net pay.
  2. Calculate tax-withholding and net pay.

Assignment:

Resources:

Enrichment:

Wednesday April 19, 2017

Finish the Job Analysis Project.

At the Bell: Pick up where you left off last class

Objectives: As a result of this lesson, students will:

  1. be able to read a pay stub and understand gross pay, payroll deductions and net pay.
  2. be able to estimate monthly income and expenses based on their pay stubs and their bills.
  3. be able to determine whether they expect a surplus or deficit in their budget.
  4. be able to read a bank statement to determine their actual income and spending and to compare that to their budget.
  5. will understand how to open a savings account.
  6. recognize the importance of saving money for an emergency fund.

Assignment: Work on the Job Analysis project. If you finish early do makeup work, peer tutoring, or work on an enrichment.

I added a section for researching and interview. If that isn't in your document, please add it to the end. I believe this is a valuable part of this project.

Resources:

Enrichment:  Choose from one of the following.

Thursday February 2, 2017

Unit 1 Lesson 3: Job Analysis Project. We will finish this tomorrow.

At the Bell: Read through the article Comparison of Jobs and Careers at diffen.com (or pdf). Then go to PA Career Zone and start looking at the Job Families.

ObjectivesAs a result of this lesson, students will:

  1. Identify careers related to personal strengths.
  2. Apply knowledge of self to evaluate career choices.
  3. Research and evaluate current information about a particular job or career.

Assignment: Start 1.4 Job Analysis project

Resources:

Enrichment:  Choose from one of the following.

Thursday April 13, 2017

Unit 1 Lesson 2: Finding a Job

We are going to finish the Finding a Job tutorial today.

At the Bell: Open the Finding a Job Simulation in Knowledge Matters.
                             
Objectives:  As a result of this lesson, students will:

  1. be able to research and compare potential job openings.
  2. see how experience and education qualify them for different levels of jobs.
  3. see how payroll taxes and income tax deductions cause their net pay to be less than their gross pay.
  4. learn that some jobs provide health insurance and some don’t.
  5. experience how working at one job can give them the experience necessary to get a better paying job with more benefits.

Assignment:

Resources:

Enrichment: Peer tutoring; Create an audio/visual presentation about a career, job outlooks, or other topics.

Wednesday April 12, 2017

Unit 1 Lesson 2: Finding a Job

At the Bell: Complete the Finding a Job lesson Reading and Reading Quiz at knowledgematters.com.
                             
Objectives:  As a result of this lesson, students will:

  1. be able to research and compare potential job openings.
  2. see how experience and education qualify them for different levels of jobs.
  3. see how payroll taxes and income tax deductions cause their net pay to be less than their gross pay.
  4. learn that some jobs provide health insurance and some don’t.
  5. experience how working at one job can give them the experience necessary to get a better paying job with more benefits.

Assignment:

Resources:

Enrichment: Peer tutoring; Create an audio/visual presentation about a career, job outlooks, or other topics.

Tuesday April 11, 2017

Unit 1 Lesson 1: Outside the Box Jobs

At the Bell: Log into Moodle. Complete "ATB: Computer Class Rules Review"

Objectives: As a result of this lesson, students will:

  1. identify jobs and careers that are "outside-of-the-box".
  2. consider alternative work environments and schedules

Assignment: Complete the "Outside the Box Jobs" assignment in Moodle.

Think about a few of the jobs and careers we talked about today. Then reflect on and answer the questions below. Upload a Word document with the results of your reflection. Spell and grammar check before submitting your work.
  1. Which of these jobs or careers best matches your interests own and aptitudes? You can list just one or a few if you have interest.
  2. Explain why you think this is a good fit for you.
  3. Do you see this job or career as being full-time employment or something to supplement another income? Explain your answer.
  4. Search on the Internet for an interview with someone who does this type of work. Write three things you learned from the interview.
Resources:

Enrichment:  Choose from one of the following. Upload to the Unit 4 Enrichment link in Moodle.

 

Monday April 10, 2017

WELCOME!

Welcome to Personal Finance. I am glad you are joining us and am looking forward to seeing what you can do this semester. We will be using this Website every day to share information. You will check here for the daily At the Bells, Objectives, and assignments.

In Personal Finance you will learn a lot of the skills you need to be financially independent in the future. We will cover everything from getting and keeping the “right” job to managing and investing personal earnings. I look forward to sharing with you this semester.

At the Bell: Read today's announcement. Find your assigned seat.

Objectives: As a result of this lesson, students will:

  1. Identify the purpose and outcomes of the course.
  2. Understand what is expected from students and what they can expect from the course.
  3. Develop a set of personal priorities.
  4. Research requirements for career readiness.

Assignment: Enroll in Moodle (Enrollment Key is graduation) and the Knowledge Matters simulation

Resources:

First Day PowerPoint
Moodle
Knowledge Matters

Enrichment: Open “45 Lessons Life Taught Me.” Read the introduction and the list. In a Word document, list the numbers of the statements you most agree with. Then type a short paragraph explaining why you chose those items. Don’t rush … think about it for a few moments before you write. Add your name and print.