Credit Story Continued

EQ - How can I apply my understanding of credit to compose a creative story that informs others of how credit works?

1.  Create a storyboard for your credit story
1. Follow the guidelines of the rubric
2. Share your idea with a partner and hear suggestions to make your story better
2. Seek approval from the substitute and once your storyboard is approved you may select a piece of posterboard and begin developing your final Credit Story according to the rubric

Credit Story

EQ - How can I apply my understanding of credit to compose a creative story that informs others of how credit works?

1. Project Assignment Handout - Review the directions as a class
2. Today is all about writing the story.  Organize your thoughts and compose a creative story that describes important elements of credit that we have discussed in class.  You may (but are not limited to) include the following information:
1. Description of Credit
2. How credit works
3. Credit Reporting Agencies
4. Credit Scores
5. Bankruptcy
3. This story should be written in Google Docs
1. Your password is Capital D and your lunch Code (D12341242)

Bankruptcy

EQ - How can bankruptcy affect a person's personal finances?

1. Activator - 
2. Read the bankruptcy packet & Take notes
3. Discuss with a partner
4. Write a one page summary of the bankruptcy packet

Check Your Credit Score

EQ - How does your credit score impact you and your personal finances?

1. Activator: Confessions of a Shopaholic
2. The illusion of how credit cards work
3. Credit Card Stats
4. Activator - Check Your Credit Score
5. Boo Wikipedia - But it just might work here
1. Read the Introduction
2. Read the United States Section
6. Google Docs
1. Summary
2. Analysis
7. Class Discussion
8. TOD - 1/2 sheet questionnaire
1. What element of today's lesson most impacted your understanding of today's EQ?
2. Explain how.

Credit Defined

 EQ - How does credit impact personal finance?

1. Activator: Credit Simulation
2. KWL - What do you know about credit?
3. PPT - A Deeper View of Credit
1.  Credit
2. How Credit Works
3. Forms of Credit
4. Interest
5. Minimum Payments
6. Advantages and Disadvantages of Credit
4. Table Teams - Compile a list of topics learned today and summarize the key learning

Banking Unit Assessment

EQ - How does an understanding of depository institutional savings tools assist us in achieving our financial SMART goals?

1. Q & A
2. Unit Assessment
3. Reading Assignment
• Read the Article - CLICK HERE
• Compose 2 paragraphs regarding the article
1. Summarize your Reading
2. Tell us your thoughts about what happened

Checking Account Review

EQ - How are the types of checking accounts differentiated?

1. Activator: Simulation Review
2. Class Review
• Purpose of Checking Accounts
• Deposits v. Withdrawals
• Cancelled Checks & Overdrafts
• Parts of a check (10)
• Rules to Writing Checks
• Deposit Slips
• Writing Checks
• Checkbook Register
• Bank Reconciliation
3. Refresh your quiz

Checking Account Simulation

EQ - How do I management my checking account?

1. Activator: Hot Seat Challenge (Review of last week's content)
2. Identifying the steps of managing a checking account
3. Introduction to the simulation
4. Project work time
5. TOD - 1/4 sheet questionnaire
1. What steps have you finished today?
2. What remains to be completed?

Checking Account & Debit Card Simulation

Please prepare your homework for the beginning of class.  Following a homework check and a review of the correct calculations, we will have a short 5 point quiz to assess your understanding of the Compound Interest Formula.


EQ - How are checking account managed?

1. Activator: The story of the $40 hamburger
2. PowerPoint - Learning Quest
3. Introduction to the Simulation
4. Work Time
5. TOD - Assess what you have learned by completing this simulation.  Include any questions that you may have concerning the management of checking accounts.

Simple Interest VS. Compound Interest

Impact of Saving

1. Continuation from last class
   
2. Jigsaw - Account Types

EQ - How does interest impact your savings?

1. Activator: Bank It Or Bust
2. Discussion Questions?
1. What happened?
2. Is this a realistic approach for you?
3. Introduction to Interest
4. Calculating Interest

Comparing Interest Calculations

Continuation of last class: Jigsaw - Types of Accounts

EQ - How is simple interest calculated differently than compound interest?

1. Mini Lesson - Calculating with Percentages 
2. Practice - Advanced Organizer
3. Learning Focused Activity - A Saving Comparison: Simple v. Compound
4. TPS - Discussion Question: What caused the difference in the end result of the activity?
5. Key Terminology
6. TOD - Answer the EQ
   

A Closer Look At Bank Accounts

EQ - How are banking institutions chosen?

1. Activator: Chalk Talk Recap
2. Bank Account Comparisons
3. Shared Inquiry - Pick The Right Account
4. Deeper Investingation
1. How do the items from your reading impact you choice of financial institution?
2. Check to see
5. Discussion Question - How are bank accounts different based on customer usage?
6. TPS  
1. Review your answer to your initial decision
2. Has your initial opinion changed? Why or why not?
7. TOD - Answer the EQ

The Twilight National Bank Of Forks

Bank Account Analysis

EQ - How are types of bank accounts different?

1. Activator: Team Quiz 
2. Jigsaw - Types of Bank Accounts
3. Discussion Question - What makes these accounts similar? *Think terminology*
4. Real Life Examimation
1. Brainstorm Banking Institutions
2. Partner Information Search
3. Class Share
4. Comparison of Institutions
5. TPS - Which institution do you feel is the best for you?  Explain your rationale.
6. TPS - What else do you think is important when choosing a financial institution

Intro to Banking

EQ - How do banks function?

1. Activator Shared Inquiry - Did You Know
2. You Can Take That to the Bank *
3. Discussion Question - How do you know which bank is right for you?
4. Review SMART Goals
5. Intro to Depository Institutions PPT - CLICK HERE FOR THE PPT
6. But How Does It Work?
7. TOD - How do banks function?

Budget Assessment

EQ - How successfully can I demonstrate my learning and understanding of the budgeting process when given an assessment?

1. Activator: Q & A
2. Budgeting Assessment
3. Community Reading
4. Presentations (if time permits)

Spending Plan PowerPoint

CLICK HERE FOR THE PPT

Presentations

EQ - What information should be included on my Budgeting Study Guide?

1. Activator - Random Order Generator
2. Vacation Presentations
3. Study Guide Creation

*Budget assessment tomorrow*

Vacation of a Lifetime

EQ - How can I utilize my understanding of budgeting to plan the ultimate vacation?

1. INTRODUCTION:
   Everyone needs a vacation at some time. Teenagers often have big dreams of leaving their hometowns and schools far behind. For this project, you, and a partner of your choice, will have the opportunity to do just that. Research a vacation destination within the United States and what it takes to get from here to there. Each partnership will have a budget of $1,500 to pay for transportation, sightseeing, souvenir shopping, lodging, etc.
   
   
2. Project Instruction Packet
3. Project work time
4. Presentations begin Monday- Good Luck!!!