Financial Planning Websites and Curriculum Maps

https://www.yourmoneypage.com/ Savings Calculators

Investopedia.com Investments

Howthemarketworks.com Investments and Stock Market Game

Finance.yahoo.com Investments and Stock Information

Money.cnn.com Investments and Stock Information

Reuters.com Investments and Stock Information

https://www.barchart.com/ Investments and Stock Information

Cars.com Vehicles Information

Edmunds.com Vehicles Information

Kbb.com Vehicles Information

Autotrader.com Vehicles Information

Carsoup.com Vehicles Information

Calcxml.com Payment Calculators

Edinarealty.com Real Estate Listings (Home Project)

Century21.com Real Estate Listings (Home Project)

Coldwellbanker.com Real Estate Listings (Home Project)

Irs.gov Income Tax Tables and Forms

Experian.com Credit Reports

Transunion.com Credit Reports

Equifax.com Credit Reports

Creditkarma.com Credit Reports

http://www.hnbank.com/ Bank Account Rates

https://www.leaseguide.com/ Vehicle Leasing Information

http://www.practicalmoneyskills.com/ Various Money Skill Lessons

http://www.calculator.net Various Calculators for Different Situations

Curriculum MAP

SUBJECT: FINANCIAL PLANNING (Grade 11)

Enduring Understanding

1.Enduring Understanding

1. Citizens apply career and technical literacy to all areas of their lives.

2. Citizens apply their skills and abilities to their career choices.

3. Responsible citizenship requires global understanding, personal accountability and financial stability.

4. Citizens apply evolving academic and technical skills to their lifelong learning and interests.

5. Citizens are in a constant innovative state using available technologies.

6. Citizens use critical thinking and problem solving skills essential to success.

Essential Question

Learning Targets

State Standards

Vocabulary

Unit 1: SAVING AND INVESTING MONEY

Standards: PF3.b.9.h ( Compare and contrast the risk, return, and liquidity of various investment alternatives)

AF3.a14.h ( Assess factors that influence financial planning)

What are some short and long term reasons to save money? and options available to me?

● I can identify short and long term reasons I should save money, and options available to me.

INTEREST

PRINCIPAL

DIVERSIFICATION

INFLATION

LIQUIDITY

STOCK

MUTUAL FUNDS

DISCOUNT BONDS

● I can explain some factors I should consider before deciding what investment options to choose.

What are some reasons to invest my money, and stages of investing?

● I can state reasons to invest, and different stages of investing.

What is diversification, and the advantage of diversifying investments?

● I can explain the benefits of diversifying one’s investments and how it reduces risk.

Assessments: FORMATIVE: Pop Quiz after each sub unit SUMMATIVE: Quiz after each chapter in the unit, Unit Test

Materials: Textbook, Unit outline I’ve prepared.

Unit 2: INVESTING IN STOCKS

Standards:

What is an investment in stock, and how can stock be classified?

● I can explain a stock investment and different ways stocks are classified.

STOCK

BLUE-CHIP STOCK

GROWTH STOCK

INCOME STOCK

MARKET VALUE

DIVIDENDS

STOCKHOLDERS

BEAR MARKET

BULL MARKET

BUYING ON MARGIN

P/E RATIO

STOCK SPLIT

BLACK MONDAY

INSIDER TRADING

What are some factors that determine the price of stock?

● I can state and explain factors that will affect the price at which stock is sold?

How can I purchase and later on, sell stock? How do I make money on a stock investment?

● I can explain different options available to me in purchasing of stock.

What are some short and long term strategies to owning stock?

● I can identify and explain buying on margin, buy and hold, and dollar-cost averaging.

Assessments: FORMATIVE: Pretest on Unit. Pop Quiz on Unit SUMMATIVE: Unit Quiz

Materials: Textbook and Unit Outline I’ve prepared. Handout on Black Monday and Insider Trading. Internet access to HowtheMarketWorks.com

Unit 3: CHECKING ACCOUNTS, ENDORSEMENTS, AND BANK SERVICES

Standards: AF3.a.5.h (Reconcile a bank statement)

What is some of the essential vocabulary associated with checking accounts?

● I can identify and properly apply vocabulary associated with a checking account

OUTSTANDING CHECK

CANCELLED CHECK

CERTIFIED CHECK

CASHIER’S CHECK

DRAWER

PAYEE OUTSTANDING DEPOSIT

ENDORSEMENT

OVERDRAFT

How do I balance my check register with my bank statement?

● I can successfully reconcile my check register with my bank statement

How do I endorse checks in the appropriate situation?

● I can illustrate the use of the correct endorsement for the situation it applies to.

Assessments: FORMATIVE: Unit Pretest of Vocabulary SUMMATIVE: Simulation project, Unit Quiz

Materials: Textbook, Calculator, Example Problems. Simulation I’ve prepared

Unit 4: THE AUTO; BUYING, SELLING, AND LEASING

Standards:

What should I know about buying a vehicle?

● I can explain what invoice price and MSRP mean, and find that information on the web.

● I can explain how the dealer holdback can affect my offer and the dealer’s profit margin.

● I can explain the criteria of a LEMON, and the options I have if I own one.

DEPRECIATION

INVOICE PRICE

WARRANTY

LEMON LAWS

MSRP

NEGOTIATE

CREDIT PREAPPROVAL

● I can explain what warranty numbers mean and when they expire.

What is leasing of a vehicle?

● I can explain what a lease is and the advantages and disadvantages of leasing.

What should I know about selling a used vehicle?

● I can state important points to be aware of when selling a vehicle to avoid a fraud lawsuit.

Assessments: FORMATIVE: Pop Quiz after each sub unit. SUMMATIVE: Pretest before unit, Quiz after Unit, Test after Unit

Materials: Textbook, Lab access to auto websites such as kbb.com, etc. Unit outline I’ve prepared

Unit 5: INSURANCE CONCEPTS AND PRINCIPLES: FOCUS ON HOME AND AUTO

Standards: PF5.a.6.h ( Evaluate insurance needs based on the types of risks)

PF5.b.6.h (Investigate and apply different types of insurance coverage to selected situations)

How does insurance work, and what is some of the essential vocabulary associated with insurance?

● I can explain the concept of insurance and how it works.

POLICY

INDEMNIFICATION

AGENT

CLAIM

DEDUCTIBLE

COVERAGE

PROBABILITY

GRACE PERIOD

INSURED

PREMIUM

POLICYHOLDER

LIABILITY

UNEARNED PREMIUM

INSURABLE INTEREST

ENDORSEMENT

● I can understand and apply vocabulary associated with insurance.

What is homeowner’s insurance and how does it differ from a renter’s policy? What do the liability numbers mean?

● I can explain how homeowner’s insurance works. I can explain liability coverages and what each of the liability numbers mean.

What are attractive nuisances and examples of them?

● I can explain what an attractive nuisance is and give examples of them.

What are some careers associated with insurance industry?

● I can explain the roles of an insurance adjuster, agent, and investigator.

Assessments: FORMATIVE: Pretest, Pop Quiz SUMMATIVE: Unit quiz and Unit Test

Materials: Textbook, Study guide for chapters, Outline that I’ve prepared, Handouts from internet

Unit 6: CREDIT AND CREDIT PROBLEMS

Standards: PF4.a.7.h (Analyze sources of consumer credit) PF4.b.6.h ( Explain how a credit score and credit reports affect creditworthiness and the cost of credit) PF4.b.8.h ( Examine the factors that improve a credit score)

What is the concept of credit, and what are some sources of credit?

● I can explain what credit is and sources of credit we can use.

CAPITAL

COLLATERAL

CREDIT

CREDITOR

DEBTOR

LINE OF CREDIT

APR

CREDIT REPORT

BANKRUPTCY

CHAPTERS 7,11, & 13

EXEMPTED PROPERTY

DISCHARGED DEBTS

What is a credit report and how is the information gathered?

● I can identify and explain information on a credit report.

● I can explain what excellent to poor credit scores are and how it impacts one’s financial affairs.

What are some of the problems of using credit?

● I can explain problems of using credit and identify bankruptcy options available to individuals and companies.

Assessments: FORMATIVE: Pretest before Unit, Pop Quiz after each sub unit. SUMMATIVE: Quiz after each chapter in the unit, Unit Test

Materials: Textbook, study guide for each chapter, example of my credit report, unit outline I’ve prepare


Unit 7: HOUSING OPTIONS: RENTING AND OWNING

Standards:

What are some different housing options open to me?

● I can identify different housing options available to me now and later on in the future.

TENANT

DUPLEX

LEASE

SECURITY DEPOSIT

RENT-TO-OWN

EVICTION NOTICE

ARM

EQUITY

ESCROW ACCOUNT

EARNEST MONEY

What are some of the benefits and disadvantages of each option?

● I can identify advantages and disadvantages of renting and owning.

What are some of the benefits and disadvantages different length fixed rate mortgages.

● I can state the benefits and disadvantages of each type of mortgage.

Assessments: FORMATIVE; Unit pretest, pop quiz along the way SUMMATIVE: Test on Unit, Completion of Home Project

Materials: Textbook, Study guide for each chapter, internet access to various realty websites


Unit 7: INCOME TAXES

Standards: AF3.b.3.h ( Describe the composition of taxable income and calculate the tax on it) PF2.f.6.h ( Prepare and evaluate personal tax forms at the federal and state levels) PF2.e.5.h ( Analyze the different types of taxes)

How are state and federal income taxes structured?

● I can explain how the state and federal income taxes are structured.

REVENUE

IRS

PROGRESSIVE TAX

PROPORTIONAL TAX

VOLUNTARY COMPLIANCE

EXEMPTIONS

W-2 FORM

W-4 FORM

GROSS INCOME

TAXABLE INCOME

● I can clearly explain vocabulary associated with taxes.

● I understand what W-2 and W-4 forms are and how they impact me.

How do I prepare my 1040EZ and WI-Z tax returns?

● I can successfully prepare and explain my 1040EZ and WI-Z tax returns.

Assessments: FORMATIVE; Proper completion of 1040EZ and WI-Z tax returns SUMMATIVE: Test on Unit, Completion of 1040EZ and WI-Z tax returns and Quiz on unit

Materials: Textbook, Study guide for each chapter, tax tables and tax forms.


Unit 7: PLANNING YOUR CAREER AND GETTING A JOB

Standards: CD2.a.4.h ( Determine those opportunities that best support attainment of a specific career goal)

CD1.a.3.h (Evaluate various occupations and career pathways based on personal strengths, aptitudes, and passions)

What factors should I consider in making a career choice?

● I can identify factors that will affect my choice of a career such as aptitude, interests, a personality.

COVER LETTER

RESUME’

LETTER OF REFERENCE

CONTACTS

EMPLOYMENT AGENCIES

INTERVIEWING

● I can explain the importance of setting short and long term career goals.

How do I prepare a cover letter and resume’?

● I can identify what should be included in both a cover letter and resume’.

● I can successfully prepare a cover letter and resume’.

What should I know about the interviewing process?

● I can identify and anticipate what questions will likely be asked in an interview.

● I can state and explain questions I should ask in an interview setting.

Assessments: FORMATIVE; Pretest on what they already know. SUMMATIVE: Evaluate and Critique students’ cover letter and resume’

Materials: Textbook, examples of cover letters and resume’s from UW- Madison, internet access to various websites for more on interviewing