Personal Finance Announcements

Friday JUne 8, 2018

Today is our last day together. I'm glad we had this time together so you could learn about Personal Finance.

I will be finalyzing your grades during class today. While I do that, We can either finish the 7 Decisions video or watch a video with Warren Buffet, one of the wealthiest men in the world, and his advice for young people. "How to Stay Out of Debt: Warren Buffett - Financial Future of American Youth" on Youtube.

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. Forgive.
  5. Avoid debt where you can.
  6. Play as hard as you work.

 

 

Thursday June 7, 2018

Create a positive Web presence

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

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

  1. Identify potentially damaging social media choices and explain how they can impact a recruiter’s opinion
  2. Describe ways to use social networks to improve your chances of landing desired jobs
  3. Explain the key elements of a successful LinkedIn profile
  4. Create a LinkedIn profile that represents you accurately and will allow you to connect with fellow professionals

Assessment: Create Your Own LinkedIn Profile

  1. Read through the article 12_Things_Students_Should_Never_Do_on_Social_Media
  2. Read about How Recruiters Use Social Networks when Hiring 
  3. Read this article: The Advantages of LinkedIn for College Students
  4. Take a look at this example LinkedIn profile (of Mr. Burns from The Simpsons. You can use this a reference for how a LinkedIn profile should look.
  5. Visit the LinkedIn website and create your own actual online profile.
  6. Videos about college and social media
  7. If you need assistance, here’s a set of resources you can use to create an outstanding profile. 

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.

Resources:

Wednesday June 6, 2018

Credit Lesson 7: Identity Theft

At the Bell: Complete "ATB: Credit Laws 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.

Tuesday June 5, 2018

Credit Lesson 6: Credit Laws

Thursday this week there will be a 2nd quiz on Credit Basics, along with Quiz 1 makeups.

At the Bell: Complete "ATB: Credit Cards Review" in Moodle Unit 4

ObjectivesAs a result of this lesson, students will: Explain the purpose and the main points of credit laws:

Assignment: Read through all of the links in today's Resources. Complete the "4.6: Credit Protection Laws Assignment" in Moodle Unit 4.

Resources:

Enrichment: Complete the "Credit Protection Laws Enrichment " in Moodle, Unit 4 -- OR -- Make a table comparing the aspects of each consumer credit protection law.

Monday June 4, 2018

Credit Lesson 5: Credit Cards

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 in Moodle

Closing: Do consumers struggle more with repaying mortgage debt or student loan debt?

Resources:

Enrichment:

Friday June 1, 2018

Credit Lesson 4: Credit Basics Quiz and Credit Scores

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

ObjectivesAs 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: Choose one from the list below

Note: The highest score as of today is 180 points.

Thursday May 31, 2018

Credit Lesson 3: Credit Reports

There will be a quiz on Credit Lessons 1 through 3 tomorrow

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: 4.3 Credit Report Review in Moodle

Resources:

Closing: Quizlet review

Enrichment: Credit: Your Best Friend Or Your Worst Enemy? Worksheet. You can type your answers into a Word document and upload it to the Unit 1 Enrichment link. I will be grading these before we finish Unit 1.

Wednesday May 30, 2018

Credit Lesson 2: Credit Management

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

ObjectivesAs 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.
  4. Understand compound interest as it related to credit card debit.

Assignment: Complete 4.2 Credit Management in Moodle

Resources:

Closing Activity: Question

EnrichmentSituational Analysis Questions -- OR -- Research scholarship and/or internship opportunities and post-secondary schools.

Note: There will be a quiz in the Unit 4: Credit Lessons 1, 2, and 3 on Friday. We will do make up quizzes from Unit 3 on Friday as well.

Tuesday May 29, 2018

Credit Lesson 1: Credit Basics

At the Bell: Pick up a copy of the study guide -- OR -- open it in your computer through the link in today's resources. I will be grading the study guide for this unit since there will be no quiz.

ObjectivesAs 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: 4.1 Credit Basics Review 1 in Moodle, Unit 4. If we have time we will also do some tax Kahoots.

ResourcesStudy Guide and PowerPoint

Closing Activity: Question

Enrichment: Research student loan and/or credit card debt by country. Create a chart showing your findings. Include sources.

Note: The highest score in Everfi right now is 190.

Wednesday May 23, 2018 (continue through May 25)

I am going to have you start the computer-based personal finance simulations I mentioned earlier.

At the Bell: Go to everfi.com and sign up for an account.

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

  1. Demonstrate the ability to work independently on an online tutorial
  2. Complete the everfi Savings simulation

Assignment: Everfi personal finance simulations; graded for participation

Resource: everfi.com

Enrichment: You can do these in place of the classwork assigned Thursday and Friday this week.

Tuesday May 22, 2018

Handling Money: Tax Returns

At the Bell: Compete "ATB: Taxes Review 2" in Moodle, Unit 3.

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

  1. Demonstrate understanding of payroll taxes and non-tax deductions
  2. Calculate tax-withholding and net pay.
  3. Complete a W-2 form and a simple tax return.
  4. Examine a W-4 form.
  5. Review the 1040, 1040A and 1040EZ forms

Assignment: Complete a W4 Form and a 1040EZ using the Simple W2 form in today's resources.

Closing Activity:  Question or Question of the Day: What percent of taxpayers don’t know what a W-4 is? and Quizlet Cashcabulary | Taxes if time allows.

Resources:

Enrichment:  

Monday May 21, 2018

We are back to tax forms today.

Handling Money Lesson 5: IRS Tutorials

At the Bell: Compete "ATB: Taxes Review 1" in Moodle, Unit 3. (I see some of you have already done it. Go you!)

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

  1. Demonstrate understanding of payroll taxes and non-tax deductions
  2. Calculate tax-withholding and net pay.
  3. Complete a W-2 form and a simple tax return.
  4. Examine a W-4 form.
  5. Review the 1040, 1040A and 1040EZ forms

Assignment: Complete tutorials #1, 2, 3, 6, 7 and 10 at irs.gov. If you have time do #12, 13, and 14.

Enrichment:  Draw or use the computer to create a cartoon that demonstrates filling out a W-4 or 1040EZ form. There are some good Websites for this kind of project you could use.

Resources:

Enrichment:  

Friday May 18, 2018

We are going to get back to tax forms next week

Handling Money Lesson 6: Types of Taxes

At the Bell:  Redo your Paycheck Pre-Assessment on the handout - use a different color than you did the first time. You should have the correct answers now.

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

  1. Understand the purpose and history of taxes.
  2. Research and compare types of taxes:

Assignment:   Taxes and the Consumer Worksheet. I have printed copies for you.

Enrichment: Research and create a timeline showing the history of U.S. withholding taxes

Resources:

Quizlet Cashcabulary | Taxes

Thursday May 17, 2018

We have a short class because of the Mock Crash (12:45) but I want to get through as much material as we can.

Handling Money Lesson 5: IRS Tutorials

At the Bell: Log onto today's announcement and start looking through some of the tax tutorials and complete the first one (W4 Form).

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

  1. Demonstrate understanding of payroll taxes and non-tax deductions
  2. Calculate tax-withholding and net pay.
  3. Complete a W-2 form and a simple tax return.
  4. Examine a W-4 form.
  5. Review the 1040, 1040A and 1040EZ forms

Assignment: Complete simulations #1, 2, 3, 6, 7 and 10 at irs.gov. If you have time do #12, 13, and 14.

Enrichment:  Draw or use the computer to create a cartoon that demonstrates filling out a W-4 or 1040EZ form. There are some good Websites for this kind of project you could use.

Resources:

Enrichment:  

Wednesday May 16, 2018

No class because of early dismissal

Tuesday May 15, 2018

Handling Money Lesson 4: Create a personal budget

We are also going to talk briefly about today's election.

At the Bell: Complete Test Your Budgeting Knowledge at www.practicalmoneyskills.com. Leave your score up on your screen for me to see.

Objectives As a result of this lesson, students will:

  1. determine fixed and variable expenses related to their personal budgets
  2. create a financial plan for next year

Assignment: 3.4 Create a budget for next year.

Resources:

Closing Activity: Question

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

Reminder: The deadline for the Payback Challenge essay contest is March 23.: Click for details

Monday May 14, 2018

Handling Money Lesson 3: Budgeting Basics

At the Bell: Redo "ATB: Paycheck Terms and Concepts" in Moodle, Unit 3 for practice.

Objectives As a result of this lesson, students will:

  1. understand the purpose of a personal budget
  2. list fixed and variable expenses
  3. identify wants and needs
  4. recognize the importance of saving money for an emergency fund.

Assignment: Complete 3.3 Fixed and Variable Expenses in Moodle, Unit 3

Closing activity: Question

Resources:

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

Friday May 11, 2018

Handling Money Lesson 2: Savings

At the Bell: Open the activity packet will for today's lesson. Save it to your computer right away so changes will not be lost.

Objectives As a result of this lesson, students will:

  1. Explain how saving is linked to overall wealth
  2. Describe how saving and investing are different
  3. Understand fundamentals of saving such as reasons for saving, how much to save, and strategies to enable saving
  4. Acknowledge the role of delayed gratification in saving

Assignment: 3.2 Saving Lesson Student Activity Packet

Closing: Lifestyle cost quiz

Enrichment:  Interest practice worksheet

Resources:

Thursday May 10, 2018

Handling Money Lesson 1: What’s on my pay stub?

At the Bell: Complete the Paycheck Pre-Assessment on the handout. I will come around in a few minutes to see how you are doing.

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. identify a variety of income tax withholding and other pay deductions; understand the relationship to net pay.
  3. Calculate tax-withholding and net pay.

Assignment:

Resources:

Enrichment:

Wednesday May 9, 2018

At the Bell: Retake the Unit 2 Knowledge Assessment. Also, make sure that you have completed all of the Unit 2 ATBs in Moodle.

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

  1. Gain awareness of online banking activities
  2. Practice online banking actives

Assignment: 2.8 Online Banking; finish what you did not complete yesterday

Resources:

Enrichment: Choose one: 

Closing: Checking Account Kahoot

Tuesday May 8, 2018

Banking Lesson 8: Online Banking This is our last lesson in Unit 2; double check that all of your Banking ATBs are done.

At the Bell: Open 2.8 Online Banking in Google Docs. You will need to make a copy (File menu) so you can edit it. Then, share it with me dkerby@pmsd.org.

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

  1. Gain awareness of online banking activities
  2. Practice online banking actives

Assignment: 2.8 Online Banking

Resources:

Enrichment: Choose one: 

Monday May 7, 2018

Banking Lesson 7: Checking Account Project (Period 9 will take the Banking Basics quiz; see announcement on 2/21). There will be a quiz on Checking Accountings for Period 7-8 on Wednesday this 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.

AssignmentChecking Account Project; finish for homework

Resources:

Closing Activity: Payback Challenge

Enrichment: Choose one

Friday May 4, 2018

Banking Lesson 6: Check Reconciliation

At the Bell: Answer the review questions on the handout. Use your notes to check your work. If you were not here yesterday, please pick up a copy of the Check Register practice we did.

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

Resources:

Closing Activity: Checking account review Quizlet

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

Thursday May 3, 2018

Unit 3 Lesson 5: Using a Check Register

At the Bell: Complete “At the Bell: Checking Accounts” in Moodle, Unit 2.

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:

Resources:

Closing Activity: How to Start Using Your Checking Account Properly on youtube (5:30)

Enrichment: Choose one of the following

Wednesday May 2, 2018

Banking Lesson 4: Checking Account Basics

At the Bell: Complete “At the Bell: Types of Accounts” in Moodle, Unit 2.

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: 2.4 Check writing practice worksheet (I have handouts for you)

Resources:

Closing Activity: Kahoot (Banking Basics)

Enrichment: Remember, these projects can be used to remove a Zero from a Unit 1 assignment.

Tuesday May 1, 2018

Banking Lesson 3: Types of Accounts

Remember to let me know before you leave today if you want an alternative assignment for 2.4, 2.5, and 2.7 checking account practices.

At the Bell: Complete “At the Bell: Depository Institutions” in Moodle, Unit 2.

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 "2.3 Types of Accounts" in Moodle, Unit 2.

Resources:

Closing Activity: Earnings by degree

graphic showing earnings by degree completion

Enrichment: Choose from one of the following:

Monday April 30, 2018

Banking Lesson 2: Depository Institutions.

At the Bell: ATB: Types of Money Matching in Moodle, Unit 2

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: 2.2 Depository Institutions Review in Moodle, Unit 2

Closing Activity: How much do 18-24 year olds spend on overdraft fees?

Resources:

Enrichment: Choose from one of the following:

Friday April 27, 2018

We are starting the banking unit today. Wednesday we will start Checking Account lessons. If you want to do an alternate assignment for those lesson, let me know by Tuesday next week.

Banking Lesson 1: Types of Money

At the Bell: Log into Moodle and take the Unit 2 Knowledge Assessment.

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: 2.1: Types of Money Comparison Table.

Resources:

Closing Question: How much cash do those in the U.S feel comfortable carrying?

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.

Thursday April 26, 2018

At the Bell: Complete "ATB: Career Basics" in Moodle, Unit 1. It is right below "ATB: Class Rules."

I am grading the Outside of the Box Jobs entries and noticed that some Moodle names do not match what is in HAC. Please restore your name so I know who to give points to for your work. It is okay to add a school appropriate image and change the email address, but the name must be accurate.

Objectives:

  1. Identify potential first job opportunities
  2. Understand the information required to complete a job application
  3. Identify potential references for a job application
  4. Complete a job application with the proper information
  5. Describe strategies to be successful in a first job interview

Assignment: 1.3 How Do I Get My First Job?

Resources:

Closing: What is the highest paying summer job?

Enrichment: Complete E1.2 Job Analysis project in Moodle, Unit 1.

Wednesday April 25, 2018

At the Bell: Pick up a copy of the Career Basics worksheets for today's lesson OR open it on your computer. Also, complete the Course Interest survey if you did not do it yesterday. I did not receive enough input to make a difference.

Objectives: As a result of this lesson students will be able to: Students will be able to

  1. Define key terms of employment
  2. Explain how their strengths, values and past experiences impact their choice of career
  3. Determine what careers might suit them based upon their strengths, values and past experiences
  4. Identify the best paying and fastest growing careers

Assignment: Complete the 1.2 Career Basics

Resources:

Enrichment: Complete E1.2 Job Analysis project in Moodle, Unit 1.

Resources:

Tuesday April 24, 2018

Unit 1 Lesson 1: Outside the Box Jobs

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

If you need to enroll, the enroll key is graduation. Make sure you enroll in the correct section (Period 7-8 or Period 9)

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, Unit 1.

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:

Monday April 23, 2018

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 Daily 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. Then, open dockerby.com on your computer and start looking at the resources.

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

Identify the purpose and outcomes of the course.

Understand what is expected from students and what they can expect from the course.

Assignment:

Enroll in Moodle (Enrollment Key is graduation).

Complete a Student Profile sheet

Course PreTest

Resources:

First Day PowerPoint
Moodle

Enrichment: Open “45 Lessons Life Taught Me.” I have printed copies.