Financial Math is a mathematics course or, elective if student is enrolled in two math courses the same year. Financial Math teaches students about money management; paycheck information, how to file your Federal Income taxes; information on checking and savings accounts and what you need to know about banking; credit cards; car/home/student loans along with interest rates and the cost of owning or leasing a car/home; insurance and investments; and budgeting your money!
"I recommend everyone to take this class! This was my least stressful class and has taught me more than other classes. You learn a lot of real-life scenarios and tips that you will need once you move out and live on your own. The teacher is also very nice and she is always willing to help, which is very appreciated!" - Elizabeth
"This class is super simple and straight forward and WILL help you with everyday life. This class shows you how to deal with taxes which no other high school class prepares you for adulthood. It also helps you with money management which everyone needs to learn eventually and this is the class for it." - Cristian
" - The teacher explains the topics in an easy way to understand.
- The class teaches you how to save money.
- It is a class that can help you outside school." - Katherine
"Great class I would take financial math over any other class. It's super easy but also helps you for the real world. The teacher is a great teacher and she's super nice and actually cares about your grade." - Nathan
Approximately 60% of time in Financial Math is learning through simulations, web applications, quizzes/tests to apply what we've learned. The remaining 40% of time is based on projects that teach students real-life money management skills and their outcomes.
The first semester of financial math focuses on paycheck information (gross pay vs. net pay, deductions, withholding, etc.); banking (deposits, investments, electronic, checking/saving); and credit cards (costs, finance charges, annual percentage rates, average daily balance method, cash advances, debt management).
The second semester of financial math focuses on filing Federal Income taxes using TurboTax; loans (home/car, repayments, interest rates); owning a home/car (renting vs. owning, property taxes and insurance; car purchases and leases, depreciation of car, cost of owning a car); insurance (life, health, disability insurance) and investments (bonds, stocks, mutual funds, real estate, retirement); and budgets (average monthly expenses, creating a budget, best buys, personal expenses).