Unit Overview: This unit helps you apply economic decision making to your life. You will grow to understand the tax system of the different levels of government, and the protections provided by insurance. Finally, the properties and functions of money and banking will help you learn money management skills to create and stay within a given budget.
Power Standard 8: Learner can demonstrate how personal finance choices impact their daily life.
Learning Target 8.1 - Explain the services provided by financial institutions and the impact on a person's life.
Class Resources for Learning Target 8.1
* LT 8.1: Bank/Insurance Ad
Personal Finance Stations: Student Sheet AND Station Materials in the link.
*Video Link for Station #2
Resources for Class
Article: iCivics Banks, Credit & the Economy
* Banking/Saving/Investing/Insurance - PowerPoint (vocab. definitions)
* Banking/Saving/Investing/Insurance - Student Sheet
* BrainPop Banking - Video
* Federal Reserve Bank - Video
* Vocabulary Terms - Student Sheet (definitions on PowerPoint above)
Article: iCivics Banks, Credit and the Economy
Great article to read to give you some background knowledge and understanding.
Biz Kids: How Money Moves?
How to choose a bank?
Learning Target 8.2 - Explain how debt can impact a family.
Class Resources for Learning Target 8.2
LT 8.2 Debt Stations - Learning Target Assessment
* Station Materials - Student Sheet and Readings
Learning Target 8.3 - Create a budget based on income, real-world expenses, and personal preferences.
Class Resources for Learning Target 8.3
Travel Budget Project
* Travel Budget Directions - PowerPoint
* Travel Budget Project - Student Sheet
* Travel Budget - Example (formatted w/ Google slides)
* Travel Budget - Example (formatted w/ Google sites)
Calculating Simple Interest
Video: Calculating Simple Interest
* Budgeting - PowerPoint
* Budgeting - Student Guided Notes
Calculating Simple Interest: Lesson Link
READING: Types of Expenses
* Savings Interview - Student Sheet
Biz Kids Video: How credit affects your life?
Biz Kids Video: Cash and Credit
Comments:
* Study Guide - Student Sheet
* Review PowerPoint for Students (only open on Monday-Tuesday morning before test)