Personal Money Management

Instructor:              Ms. Schuh                                                 Classroom:    104

Work Phone:          507-629-5500 ext 2104                           E-mail:                    schuhs@tracy.k12.mn.us

Extra Help Hours: 7:30-8:00 AM by appointment                 Credit:                   1 semester credits      

                                 3:00-4:00 PM by appointment              

Hours:                           67.5 OE/Course Code:  18

Text & Workbook:   Ryan, Ryan, (2017), Personal Financial Literacy – 3th Edition, South-Western Educational Publishing and NGPF online curriculum.

BUSINESS EDUCATION DEPARTMENT RULES:                 REQUIRED MATERIALS:

·       Respect                                                                                     * Textbook 

·   Responsibility                                                                          * Pencil and Eraser

·   Courtesy                                                                                   * Laptop

·   Discipline procedures per TAHS student handbook                   

COURSE DESCRIPTION

This money management course will provide students with a better understanding of their financial responsibilities in our society.  Students will study issues relating to employee pay and benefits, tax preparation, budgets and financial records, checking and banking, savings and investments.  The information presented in this course will provide students with the knowledge to help them manage their finances more effectively.  (Prerequisites: None) 

MINNESOTA FRAMEWORKS ALIGNMENT:

Performance indicators and objectives in this course are aligned with the Minnesota Frameworks for Business, Marketing and Information Technology for “Economics and Finance” These Frameworks are based on national standards and aligned with Minnesota Technical Skill Assessments. Daily formal and informal assessments will be based on Learning Targets that align with these Frameworks. The Frameworks are available for review on the Minnesota Department of Education website:  https://education.mn.gov/MDE/dse/cte/prog/biz/

ARTICULATION AGREEMENTS:

Students earning a grade of A- (90%) or better in this course, may qualify for articulated college credits at participating community or technical colleges. Contact Ms. Schuh for a list of postsecondary institutions currently accepting these credits.

STUDENT LEADERSHIP DEVELOPMENT:

All students enrolled in this course have the opportunity to join the TAHS chapter of Business Professionals of America (BPA). Chapter activities provide numerous opportunities to develop leadership skills in real-world settings through chapter activities including the BPA competitive event program. Interested students should contact Ms. Schuh for more information or an application form. Opportunities for students to develop leadership skills will also be embedded throughout the classroom curriculum in the form of projects to work with business and community leaders to apply course content to real-world issues and problems.

CAREER EXPLORATION/DEVELOPMENT:

Students will conduct research on career opportunities in the fields of finance and economics.  They will analyze how their personal and professional interests align with these opportunities. Several professionals in the field of finance will give presentations during the course to raise awareness of the variety of opportunities in this career pathway.

GRADING POLICY

Each unit includes formative (ungraded) and summative (graded) assessment work—all of which must be completed before the unit test may be taken. All make-up work/late work will be completed before the next exam.  Late work will receive reduced credit.  It is the student’s responsibility to obtain and complete all make-up work. Assessed work for the course includes:                    

o   Daily Assignments and Quizzes                       

o   Problem and Objective Tests                     

o   Reinforcement Activities and Business Simulations

Standard Grade Scale:

A     93% and above                                           C+   76 – 79%

A-    90 – 92%                                                     C     73 – 75%

B+   86 – 89%                                                     C-    70 – 72%

B     83 – 85%                                                     D+   66 – 69%

B-    80 – 82 %                                                    D     63 – 65%

                                                                                 D-    60 – 62%

                                                                                 F      59% and below

CURRICULUM MAPPING: SEMESTER OUTLINE

Weeks 1 & 2                   How Your Choices Affect Income & Career Research         

Weeks 3 & 4                   Income Benefits and Taxes

Weeks 5                         Your Purchasing Power

Weeks 6 & 7                   Financial Decisions and Planning

Week 8                           The Banking System

Week 9                           Personal Risk Management

Weeks 10 & 11               Preserving Your Credit

Week 12                         Credit Problems and Laws

Week 13                         Basics of Saving and Investing

Weeks 14 & 15               Saving and Investing Options

Week 16                         Buying and Selling Investments

Weeks 17 & 18               Independent Living Simulation & Final Exam