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?

Unit 5 - Introduction to Banking Systems

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. How does a bank function? - You Can Take That to the Bank *
3. Discussion Question - How do you know which bank is right for you?
4. Shared Inquiry - Did You Know
1. Identify unknown words
2. Identify questions you have
3. Discussion 
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

Unit Exam Study Guide Info

As always click the Unit Map for test information. 

Additionally, please comment with the web addresses of your study guides that you created.

1. Click Comment
2. Choose Anonymous
3. Copy and Paste the web address

Google Drive

Click Here

Log in - PowerSchool ID
Password - DSD+lunchcode

Be a Financial Advisor

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

1. Activator - Sonny's Receipts
1. TCAIE
2. Evaluating a budget
1. Sample Budget *
2. Control Systems
3. The evaluation process* (Together)
3. Financial Advice - What advice would you give to Sonny?  Be specific and detailed *
1. What are the elements of good writing?
2. Google Docs Instruction Sheet
3. Letter Directions
4. Composition Work Time
4.  Self-Evaluation
1. What kind of spender are you? 
2. How can the result of this quiz help you when planning your personal budget?
5. 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

Evaluating Budgets

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. Control Systems
6. Evaluating a budget
1. Sample Budget *
2. Control Systems
3. The evaluation process* (Together)
7. 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
8. 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
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

Unit Exam and Intro to Budgeting

Unit 2 Exam - SMART Goals & FCCLA Decision Making
 Q&A

1. Exam

When finished: 

Please access your laptop & visit the class website

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?
 

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

FCCLA Decision Making Model

EQ - How can we develop a logical argument to explain a decision?

1. SMART Goals Quiz
2. Activator - Forced Decision
1. Directions
2. Statements
3. Reflection
3. Decide by Chance
4. Introduction to FCCLA's Method - LINK HERE
   
5. As a class - Solving a problem


6. Collaborative Group Activity


1. Choose a problem
2. Identify the 6 steps of DECIDE
3. 4 share
7. TPS - Making Decisions


8. TOD - Answer the EQ

 LIFE MAP DUE TOMORROW

Guest Speaker and Finalizing SMART Goals

Guest Speaker, David Martin joins us this morning!  He has visited Donegal many times in the past and is glad to be a part of your Personal Finance class.

1. Guest Speaker
2. Finalizing SMART Goals
3. Life Map
4. Unit Exam Tomorrow

Analyzing SMART Goals

EQ - How are SMART Goals important to my financial well being?

1. Activator - Collaborative Pairs Review the elements of SMART goals
2. SMART Goals PPT
1. Complete the following in groups of 2 students
2. Jot Notes as you complete the Slide Show
3. Post your questions and/or comments to Today's Meet
3. SMART Educational Goals
1. Complete p. 17-18
2. Double Check
4. TOD - List and define the elements of SMART Goals

**Homework - Packet (p. 19-20)

LIFE MAP DUE MONDAY

Introduction to SMART Goals

Resume Checklist 
Revisions
Directions for uploading files to careercrusing.com


EQ - How are SMART goals applied to financial decisions?

1. Activator: Rolling the dice of life
2. "Goal Out" - My Future Letter
3. Introduction to Goal Setting (with PPT)  (The PDF Version)
• Financial v. Educational Goals
• Short-term and Long-term goals
• SMART Goals
4. Identify the missing elements
5. Knowledge Check
6. Team Practice

*Introduction - Life Map assignment*

Finalize Your Resume

EQ - How do I create an effective resume?

1. Activator - You be the judge
• Is this resume of high quality?
• What would you change to make it better?
• Better Version
2. Review Resume Writing
• Effective Language
• Layout/Design
• References
3. Final Draft Resume Writing
4. TOD - How do you think your resume looks? Explain

We will use the remaining class time to ensure that your CareerCruising Portfolio is up-to-date.  Should you need additional time after today's class, please see me for a Tribe Time pass.

Résumé Writing

EQ - How do I create an effective résumé?

1. Activator - Describe how to get a job
   
2. Introduction to Résumés – PowerPoint
• Take Notes
3. Class Discussion
4. Create or update a personal résumé and upload it to Career Cruising

Financial Aid

EQ - How can financial aid impact my future personal finances?

1. List - 10 Things You Need to Know About Paying for College
2. Inquire - What questions do you have about financial aid?
3. Note - Distribution of Article
1. Frame It (Title, Section heading)
2. Anticipate the purpose
3. Actively Read
1. Highlight unknown words
2. Write questions/thoughts in the margin
3. Briefly summarize each section after reading
4. Know - CERA
5. Career Cruising Financial Aid Section
1. Access your portfolio
2. Click Find A School
3. Click Financial Aid (Link @ bottom of page)
6. Find and apply for a scholarship
7. TOD - Muddy Points