Students must complete the following to receive full credit:
Define Terms with examples for each term.
Write a Summary of each video (minimum 3-5 sentences per video). Label clearly for teacher to see work.
Answer Important Questions after watching the videos and taking notes.
Take Exam at: https://testmoz.com/class/16400 be sure to print (control + "P") results of submitted exam and staple to the front of each credit.
UNIT 1: EARNING AND SPENDING
Review the videos and media and take notes on terms to know. If the terms are not on the media, please Google them in order to get the materials needed to take the test.
Terms to Know:
annual wages
net income
gross income
simple interest
compound interest
hourly rate
wages
annual wages
estimate
overtime
time and a half
double time
total wages
Notes:
Important Questions:
What is the circular flow of income and expenditures?
What is a financial report?
What is the best way to save?
What is a way to earn interest?
What is the 50/20/30 rule?
How much debt is too much debt?
How soon do I need to save for retirement?
What is an emergency fund?
How do you divide up finances in a family?
How much does a person need to earn to live in the Antelope Valley? Los Angeles? Las Vegas? Is there a difference? Why?
When completed with terms above and notes below take test and staple to front of work:
Test are under Personal Finance:
UNIT 2: SAVINGS AND INVESTING
Review the videos and media and take notes on terms to know. If the terms are not on the media, please Google them in order to get the materials needed to take the test.
Terms to Know:
Alternative Minimum Tax
Annualized rate of return
Appreciation
Asset allocation
Average maturity
Bear market
Bond
Bull market
Capital
Capital gain
Capital loss
When completed with terms above and notes below take test and staple to front of work:
Notes:
Important Questions:
Is it better to invest in a tax-free or a taxable mutual fund?
Should I invest in mutual funds or individual securities?
Should I invest my extra cash or use it to pay off debt?
What is a mutual fund prospectus and how do I read it?
What is asset allocation and how does it work?
What is consumer debt?
What is the best way to save according to the videos?
Should you have more cash on hand or in savings?
When is the best time to invest?
Do you plan on investing? What type of investments are you planning on making?
When completed with terms above and notes below take test and staple to front of work:
Test are under Personal Finance:
UNIT 3: CREDIT AND DEBT
Review the videos and media and take notes on terms to know. If the terms are not on the media, please Google them in order to get the materials needed to take the test.
Terms to Know:
Cash equivalent
Common stock
Corporate bond
Equities
Default
Distribution schedule
Diversification
Dividend
Dividend yield
Dow Jones Industrial Average (Dow)
Notes:
Important Questions:
Should I pay off a dept in collections and will it help my credit score?
Will paying off a closed account help my credit score enough to qualify for an apartment?
Do I have to close my accounts to consolidate a debt?
How do I get a perfect credit score?
What is a credit score and how is it used?
What are the five things that impact your credit score?
When completed with terms above and notes below take test and staple to front of work:
Test are under Personal Finance:
UNIT 4: PROTECTION OF ASSETS
Review the videos and media and take notes on terms to know. If the terms are not on the media, please Google them in order to get the materials needed to take the test.
Terms to Know:
Equity fund
Expense ratio
Federal Funds Rate (Fed Funds Rate)
Fund
Index
Inflation
Individual Retirement Account (IRA)
Interest rate
Junk bond
Liquidity
Notes:
Important Questions:
What Is A Balance Sheet? Why Is It Prepared?
List The Type Of Items Which Appear Under The Liability Side Of A Balance Sheet?
What Types Of Items Appear Under The Assets Side?
What is an example of an asset?
What is an example of a liability?
What is an example of equity?
What is the difference between an account payable and an account recievable?
What is the distinction between debtor and creditor?
What is a capital expenditure versus a revenue expenditure?
What does it mean when someone says debt to asset ratio? Is it more important to carry debt or assets? Why?
When completed with terms above and notes below take test and staple to front of work:
Test are under Personal Finance:
UNIT 5: FINANCIAL PLANNING AND DECISION-MAKING
Review the videos and media and take notes on terms to know. If the terms are not on the media, please Google them in order to get the materials needed to take the test.
Terms to Know:
Management fee
Market price
Money market mutual fund
Mutual fund
Portfolio
Prospectus
Recession
Share
Standard Deviation
Total return
Yield
Notes:
Important Questions:
What is the difference between a "want" and a "need"?
How does lifespan affect a financial decision?
Do you ever ask: Does this purchase delay or help my financial goals and my future? Why would this be an important question to ask?
Do you live within a budget? Please explain
Do you consider who or what influences your financial decisions? Do you do it for yourself, your family, a friend? Why?
Do you know how much you save or spend?
What is your current net worth (how much money do you think you have)?
What are the 10 most important things you want to accomplish while on this Earth:
If you had 5 years to live, what would you do financially?
Why is it important to be financially literate?
When completed with terms above and notes below take test and staple to front of work:
Test are under Personal Finance: