Personal Finance Project Instructions

Note to students: Based on your selected track, do the following parts of this project.

Personal Finance Part 1 (60pts): White Track, Red 1&2 Track

Personal Finance Part 2 & 3 (75pts, 30pts): Only Red 1&2 Track

Introduction: Students must complete Part 1 (60pts), Part 2 (75pts) and Part 3 (30pts) of this project. These skills are "real-world." Part 1 and 2 must be done in pencil on paper (handouts), no Google share.  Part 3 is an online test. Record your score on a sheet of paper and turn it in, this later goes in your portfolio.

Although these topics are not covered in class, students should use the Personal Finance Handbook in the back of their textbook for reference. This project is “discovery” learning whereby students learn by doing. Note: parents can be a good resource for students and are encouraged to help their students. 

This Personal Finance Project is about creating personal wealth and keeping it.  It’s possible to meet your financial goals. By choosing to budget, save and invest, you can pay off debt, save for college, and later on, buy a comfortable home, start a business, save for retirement and put money away for a rainy day. Through budgeting, saving and investing, and by limiting the amount of debt you incur, all these goals are within your reach.  

This project will focus on the following personal finance activities: Creating a budget (Part1), Opening and Managing a Checking Account (Part1), Saving and Investing (Part2), Financial Institutions and Services (Part2), Credit and Debt (Part2), Paying for Education (Part2), Renting an Apartment (Part1), Getting a Job (Part2), Paying Taxes (Part1), and a personal finance test developed by WalletLiteracy (Part3).

Instructions: Most of this project is online, see files below. You will record your answers on a sheet of paper. This project must be done in pencil. You may need to copy a chart or form to your answer sheet. For Part 1, you will be given a handout for the checkbook and tax form for this project, attached this to your answer sheet. For Part 2, you will attach your typed resume and attach it to your answer sheet. Mr. Achs will print out the worksheets for PerFin Part2

Personal Finance Project Part 1 (White Track, Red Track 1&2, 60pts), see file below. You must copy the forms and answers from the project. See file below.   Mr. Achs will print out the checking account part of this project, attach this to the rest of your project.

Personal Finance Project Part 2 (Red Track 1&2, 75pts), see file below. Mr. Achs will print this out.

Personal Finance Project Part 3, (Red Track 1&2, 30pts), see study guide below, Click Here for test.  You must turn in  your test score (feed the box).

Note#1: For PerFin Part1, if you can't read IRS Form 1040EZ, see file below.