EQ - What are my SMART financial goals?
- Activator: A look back to your Life Map
- Where do you want to end up?
- How are you going to get there?
- Your opening day note cards
- Analyze your first day financial goals
- Rework those goals to make them SMART goals
- Sharing our SMART goals
- TOD - Explain your opinion on using the SMART goal setting strategy when creating your personal financial goals
EQ - How does opportunity cost affect our decisions?
- Activator: Gas Prices
- Calculate the Savings
- Discussion: What can we do with that extra money?
- Introduction to Opportunity Cost
- Examine your choices
- Weighing the benefits
- Making Your decision
- Identifying the opportunity cost
- Discussion Question: What are the benefits and opportunity cost of spending your income today?
- Discussion Question: What are the benefits and opportunity cost of saving some of your income?
- Analysis - College v. Entering the workforce
- Application: Complete "A Tale of Two Savers"
- TOD/Homework -
- How does opportunity cost impact SMART Goals?
- Analyze 1 of your SMART Goals and identify the opportunity cost/costs of achieving your goal.
*Unit Exam Monday*
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