Choosing a Depository Institution

EQ - What factors should be considered when choosing a savings plan?

1. Activator -Quiz
2. TPS Brainstorming: 
1. What are depository institutions?
2. List the 2 types of depository institutions.
3. What should we look for when comparing depository institutions?
3. Comparing the 2 types
4. What features of checking/savings accounts are most important to you?
5. Discussion Question - How can we find this information to help us make personal finance decisions?
6. Finding the perfect financial institution for you.
1. Demo - PSECU
2. Google depository institutions near Mount Joy, PA
3. Select 3 depository institutions to research
1. At least 1 must be a commercial bank
2. At least 1 must be a credit union
4. Research each selected depository institution's website for key information
5. Place this information in the appropriate location on the advanced organizer
6. Determine which depository institution best meets your personal requirements.
7. Use Google Docs & Explain how you determined your decision (2-3 paragraphs)
8. Create a new document
9. Name it Last Name - Deposit Choice
10. Share with justin.hill@staff.donegal.k12.pa.us
11. Revise your composition accordingly (MAKE IT THE BEST EVER!!!)
7. Summarizer - TOD
1. What factors were most important to the decision?  Why?
2. What was the most difficult aspect of making this decision?  Why?

Intro to Banking

EQ - Why are bank accounts important to me?

1. Activator -
1. Active Reading TPS - I'm the Biggest Boss (of my money)
2.  Discussion Question - Why is it important to open a bank account?
2. Shared Inquiry - Did You Know
1. Identify unknown words
2. Identify questions you have
3. Discussion 
3. How does a bank function? - You Can Take That to the Bank *
4. Discussion Question - How do you know which bank is right for you?
5. Top 3 - Identify and Rank
1.  What are your top 3 reasons that teens should learn about banks and bank accounts?
6. Homework - Complete the Note Taking Guide and be prepared to use the information tomorrow in class.  Intro to Depository Institutions PPT - CLICK HERE FOR THE PPT

Final Budgeting Project & Unit 5 Preview

EQ - How do we create a budget?

1. Final Presentations
2. Summary Project
1. Create a budget on paper (instead of listing income, list vacation savings)
2. Balance the budget by allocating 100% of your savings
3. Open MS Excel
4. Use the technology to create a budget program
1. Use equations whenever possible (=C2/D6)
2. Format your budget to look nice
3. Show off your work to a partner
3. Preview Unit 5 Unit Map
1. Click the Unit Maps page (at the top)
2. Identify the following:
1. Key Learning
2. Unit EQ
3. Lesson EQs
4. Vocabulary
3. Complete a KWL an submit to the PF Folder

Dream Vacation

Today is our last day to work on the Dream Vacation project.  Please remember the rules of group work to ensure that you finish by the end of the period.

You will be allotted 30 minutes to finalize your work and then groups will begin presenting.

Dream Vacation

EQ - How is a budget planned, implemented, and adjusted?

1. Project packet distribution
2. Review the directions
3. Work individually or with a partner to research the information required for the project.

Unit 4 Exam

EQ - How are budgets used to make wise financial decisions?

1. Activator - Q & A
2. Test
3. Learn Something New
1. Visit THIS WEBSITE
2. Choose a new story
3. Actively read the article
4. Write a Summary & Analysis of the article
1. In MS Word
2. 2 paragraphs
3. Be complete
5. Test Feedback

Be a Financial Advisor

EQ -  How is a real life budget created, evaluated, and adjusted? 

Please access your Google Drive account, prepare your homework, and take a half sheet of paper to begin class. 

1. Activator - Bell Ringer
1. What are the elements of good writing?
2. Financial Advice - What advice would you give to Sonny?  Be specific and detailed *
1. Google Docs Instruction Sheet
2. Letter Directions
3. Composition Work Time
3. Self-Evaluation
1. What kind of spender are you? 
2. How can the result of this quiz help you when planning your personal budget?
4. TOD 
1. Review the Unit Map
2. Develop a Strengths and Weaknesses Chart to assess your current comprehension of Unit 4 objectives
3. How can you use this information to prepare for your Unit Exam

Homework for Monday

List 3 potential budget items to address with Sonny to help him improve his budgeting.  We will be using this in class Monday.

Budget Evaluation

EQ -  How is a real life budget created, evaluated, and adjusted? 

Please access your computer and visit the website.  Additionally, complete the Bell Ringer on the half sheet provided.  Thanks!

1. Bell Ringer - On Your Half Sheet
1. What 3 steps of budgeting are for PLANNING?
2. Which category allocation from the Brown Family scenario most alarms you?
3. What makes it alarming?
4. What are control systems?
5. List AND describe all 3 control systems discussed in class.
2. Activator - TPS: Mint.com Budgeting Gadget
3. Evaluating a budget
1. Sample Budget *
2. Review Control Systems
3. The evaluation process* (Together)
4. Financial Advice - What advice would you give to Sonny?  Be specific and detailed *
1. Google Docs Instruction Sheet
2. Letter Directions
3. Composition Work Time
5. Self-Evaluation
1. What kind of spender are you? 
2. How can the result of this quiz help you when planning your personal budget?

Evaluating a Budget

EQ - How is a real life budget created, evaluated, and adjusted?

1. Collaborative Teams - Review the previous lesson content including the following:
1. TCAIE
2. Show how to allocate expenses to categories (use "Step Three" in the packet)
3. Calculating Percentage of Income Used
4. Pie Chart Percentages
2. Collaborative Teams - Questionnaire
1. What are the similarities between the Brown Family's expense allocation and the average expense allocation?
2. What are 2 differences?
3. Debriefing - White Board Response
1. What 3 steps of budgeting are for PLANNING?
2. Which category allocation from the scenario most alarms you?
3. What makes it alarming?
4. Activator - TPS: Mint.com Budgeting Gadget
5. Evaluating a budget
1. Sample Budget *
2. Review Control Systems
3. The evaluation process* (Together)
6. Financial Advice - What advice would you give to Sonny?  Be specific and detailed *
1. Google Docs Instruction Sheet
2. Letter Directions
3. Composition Work Time
7. Self-Evaluation
1. What kind of spender are you? 
2. How can the result of this quiz help you when planning your personal budget?

Developing a Budget

EQ - What are the steps used to develop a budget?

1. Activator: Test your knowledge (TPS)
• Spending Plan Note Taking Guide (19-20)
2. Application Activity - "The Brown Family Scenario"
• Steps 1-3
3. Discussion & Review
4. Intro - Control Systems
1. What?
2. Why?
5. Complete Steps 4-5
6. Discussion & Review
7. Assignment - Complete pages 25-26

Intro to Unit 4 - Budgeting

Unit EQ - How are budgets used to make wise financial decisions?

LEQ 1 - How are income and expenses classified?
LEQ 2 - What are the steps to develop a budget?

Please access your laptop & visit the class website

1. Activator - Chalk Talk
1. What do adults pay for on a monthly basis?
2. White Board Groups - Estimations
2. Mini Lesson - Cash Flows
3. Spending Plan - Advanced Organizer
4. Spending Plan - PowerPoint
• Classifying Income and Expenses  (LEQ 1)
• Spending Plan Development Process (LEQ 2)
• Components of Spending Plans  (LEQ 2)
• Identifying Spending Plan Components (LEQ 1 & 2)
5. TOD - Today's Meet (CLICK HERE FOR LINK)
• List the steps of creating a spending plan.
• Muddy Points

Payroll and Tax Deductions Infographic

[Via: Paycor Payroll Software]