Personal Finance Class

-

Chapters 1 & 2 Vocabulary Review

Your first assignment is to review your vocabulary and concepts in Chapters 1 & 2 through a game called Concentration. Go to the following website:

http://www.glencoe.com/olc_games/game_engine/content/gln_ba/bpfinance/chapter01/game1_type_4/index.html

Click on "How To Play" for directions. You want to be timed so click on this option. You may play it as many times as you would like (within the class time). The top three times with the most pairs in the least tries will receive extra credit and the best time will get the most (10 points). Print the page with your score or let me see it to verify it.

Write your score below:

_______ pairs in ______ tries and my time was __________for ch. 1

Next, do chapter 2. Go to the following website:

http://www.glencoe.com/olc_games/game_engine/content/gln_ba/bpfinance/chapter02/game1_type_4/index.html

Write your score below:

_______ pairs in ______ tries and my time was __________for ch. 2

Your next assignment is to review your vocabulary and concepts in Chapter3 through a game called Concentration. Go to the following website:

http://www.glencoe.com/olc_games/game_engine/content/gln_ba/bpfinance/chapter03/game1_type_4/index.html

Click on "How To Play" for directions. You want to be timed so click on this option. You may play it as many times as you would like (within the class time). The top three times with the most pairs in the least tries will receive extra credit and the best time will get the most (10 points). Print the page with your score or let me see it to verify it.

Write your score below:

_______ pairs in _______ tries and my time was ______________

Continue the personal finance modules. Work through module 8. Go to the following site and log on using your log in name and password I gave you in class.

http://www.moneyskill.org/curriculum/launch.cfm

Your score will automatically be graded and sent to me when you are done. You may continue on to the next one if time allows as we will complete all the modules with a green check next to them throughout the trimester. Remember, your grade will be your average times 2 out of 200 points and weekly you will receive a completion grade.

-

Chapter 3 Online Activities

Sections 3.2 & 3.3

You will have two websites to navigate through for today’s activities.

  • Go to http://www.moneyskill.org/curriculum/launch.cfm and use your student login information to get to the modules. Try to work through module 12. Remember these are graded so do your best. Read the information before each set of questions.
  • Next, go to http://pbskids.org/itsmylife/games/mad_money_flash.html and play the "Mad Money" game. Report to me if you met your goal and how much money you had left over after the 30 days (or how much money you lacked). You may try this as many times as the class period will allow. The best two scores will earn extra credit!

Chapter 3 Online Activities

Section 3.1

Your first assignment is to review your vocabulary and concepts in Chapter3 through a game called Concentration. Go to the following website:

http://www.glencoe.com/olc_games/game_engine/content/gln_ba/bpfinance/chapter03/game1_type_4/index.html

Click on "How To Play" for directions. You want to be timed so click on this option. You may play it as many times as you would like (within the class time). The top three times with the most pairs in the least tries will receive extra credit and the best time will get the most (10 points). Print the page with your score or let me see it to verify it.

Write your score below:

_______ pairs in _______ tries and my time was ______________

The next part will be an activity on "Tracking Expenses and Budget". Go to the following site and log on using your log in name and password I gave you in class.

http://www.moneyskill.org/curriculum/launch.cfm

Your score will automatically be graded and sent to me when you are done. You may continue on to the next one if time allows as we will complete all the modules with a green check next to them throughout the trimester.

Cell Phone Comparison

Go to the Let’s Talk website (Link Below) to compare cell phone information.

Choose the plan that is most appropriate for you.

http://www.letstalk.com/product/findProducts.htm?pgId=101

Cell Phone Comparison Chart

Minutes Used

Plan 1

Basic Plan

Plan 2

Basic Plan

Plan 3

Basic Plan

Name of Company

Monthly Cost

Minutes Included

Cost of 500 minutes per month

Cost of 1000

Minutes per month

Cost of 1500

Minutes per month

Cost per minute over # allowed

Text Charges

Early termination charges

Other Fees (roaming, long distance?)

Which plan can you afford and why would you choose this plan? Is it different than the plan you have now?

Chapter 5 Online Activities

Your first assignment is to review your vocabulary and concepts in Chapter3 through a game called Concentration. Go to the following website:

http://www.glencoe.com/olc_games/game_engine/content/gln_ba/bpfinance/chapter05/game1_type_4/index.html

Click on "How To Play" for directions. You want to be timed so click on this option. You may play it as many times as you would like (within the class time). The top three times with the most pairs in the least tries will receive extra credit and the best time will get the most (10 points). Print the page with your score or let me see it to verify it.

Write your score below:

_______ pairs in _______ tries and my time was ______________

Register for my stock market game like you did in Economics Class. On this site at the top, click on "Stock Market Game" and follow the steps to register.

The next part will be the personal finance module. Work through module 12. Go to the following site and log on using your log in name and password I gave you in class.

http://www.moneyskill.org/curriculum/launch.cfm

Your score will automatically be graded and sent to me when you are done. You may continue on to the next one if time allows as we will complete all the modules with a green check next to them throughout the trimester.

For Wednesday, april 30, 2008

First go to http://glencoe.mcgraw-hill.com/sites/0078687128/student_view0/unit2/chapter5/practice_tests.html

And take the Chapter 5 practice test and record your score below after I see it or print it off and staple to this sheet

SCORE:__________

Go to the following website and read the article on “Can you teach your kids to be rich?” and answer the questions. Use the backside if you need more room.

http://articles.moneycentral.msn.com/Investing/StockInvestingTrading/Canyouteachkidstoberich_article.aspx

Questions

1. What are three key characteristics Dr. Cora has identified that she believes most wealthy people possess? Do you feel you possess any of these? Explain with examples






2. How many states require financial education, according to the National Council on Economic Education? (MI is NOT one of them!)



3. Miller and his wife, Sheri, felt it was important to show their kids how to watch expenses. How do the try to set a good example? Explain what this means.






4. How will Steve Miller’s son, Benji, accumulate $140,000 by the time he is 24?




5. So what do you think? Can wealth be taught? Can you relate to financial lessons taught at home? Give an example of a good or bad lesson on finances.





Next… Complete up through module 14 on http://www.moneyskill.org/curriculum/launch.cfm website. After class today, I will grade up through module 12 (based on completion AND your score). Check/update your stocks as well (http://vse.marketwatch.com/Game/Homepage.aspx).

Chapter 6 Online Activities

Go to the following website to begin:

TV411: Using Credit Cards Wisely (Flash plug-in required) http://www.tv411.org/lessons/cfm/math.cfm?str=math&num=21&act=1

This interactive lesson reviews percentages and decimals while teaching valuable information related to credit cards.

Review basic credit card terminology. As you do this define the following terms:
Credit line:

Grace Days or Period:

Schumer Box:

See how finance charges can add up over time. Write down the 10 multiple choice answers:

1. 2. 3. 4. 5.

6. 7. 8. 9. 10.

Learn ways to pay off credit card debt. In the last section (part 3), The good, the bad and the ugly, keep track of the total amount of “yes” answers and “no” answers with tally marks.

YES total:

NO total:

Use the following site to evaluate a credit card that you might use RESPONSIBILY one day. Follow the directions and provide accurate information to get the right card for you.

http://www.mint.com/credit-cards/

Write down the following information on the card (Click on the card name for this info) you chose.

Issuing bank:

APR thereafter the intro rate:

Annual fee:

Rewards:

List atleast 3 Card Features you like:

The next part will be the personal finance module. Work through module 20. Go to the following site and log on using your log in name and password I gave you in class.

http://www.moneyskill.org/curriculum/launch.cfm

Your score will automatically be graded and sent to me when you are done. You may continue on to the next one if time allows as we will complete all the modules with a green check next to them throughout the trimester.

OPTIONAL…. But worth remembering

FICO Score Estimator
http://www.bankrate.com/brm/fico/calc.asp

Calculate your credit-worthiness using this ten question interactive tool. Your FICO score is an indicator of your current credit health since it is an evaluation of your credit history.

Free Credit Report Online
https://www.annualcreditreport.com/cra/index.jsp

Use the above-referenced site to obtain a free credit report from a secure server. Federal law grants all U.S. citizens access to a free credit report every year, although not all states can access this information online. If you have been denied credit, you are automatically allowed free access to your report. Take advantage of these opportunities to become informed—it is not just a privilege, it is your right!

Chapter 7 Online Activities

Go to the following site and write down the answers to the questions.

http://www.tv411.org/lessons/cfm/math.cfm?str=math&num=30&act=1

Mortgage Vocabulary.  Write down the 9 multiple choice answers:

1.                      2.                      3.                      4.                      5.  

6.                      7.                      8.                      9. 

How much can you afford?.  Write down the 8 fill in the blank answers:

1.                      2.                      3.                      4.                      5.  

6.                      7.                      8.                                                                  

Factoring your Mortgage.  In the last section (part 3), keep track of the total amount of “yes” answers and “no” answers with tally marks.

YES total:

NO total:

Go to the following site and write down 10 ways you could save money with your lifestyle right now.

http://www.smartaboutmoney.com/ResourceLibrary/SearchResults/tabid/442/default.aspx?m=832&RID=118

 

 

 

 

Go to the following site and write down the 5  steps for Budgeting for Lazy People.

http://www.mint.com/blog/the-motley-fool/budget-management-for-lazy-people/

 

 

Go to http://www.elementslink.net/mi-safcu and scroll down to the “Quiz Show ?” section.  Take all three quizzes and record your score below:

New! Are you money smart?
Test Your Financial IQ.        SCORE:________

New! Ready for a credit card?
Take The Great Credit Card Test.      SCORE:________

New! Surprised when bills show up?
Take the All About Budgeting Quiz.
       SCORE:________

Go to  http://cheboygan.suddenvalues.com/  and check out the local coupons you might like to use.

 

Complete up through module 25 on   http://www.moneyskill.org/curriculum/launch.cfm website.

Check/update your stocks as well (http://vse.marketwatch.com/Game/Homepage.aspx