Introduction to Insurance

We will begin the class with a Q&A session followed by the Unit Exam.

Should time permit, we will begin the following:

EQ - How does having an insurance policy create financial security?

1. Activator - Survey Says
2. Distribution of Unit Map & Advanced Organizer
3. Walk Through -Insurance PowerPoint
1. Insurance Defined
2. How Insurance Works
3. Types of Insurance
4. Assessment
4. TOD - Finalize KWL & Muddy Points

Portfolio Development

1. Intro to Diversification
2. Evaluating Your Options
1. Use the results of yesterday's risk assessment to formulate a logical combination of investment tools to diversify your portfolio and increase confidence in your investment strategy.
3. Try It - Stock Simulator

A Closer Look at Investing Options

EQ - How do investment options differ and how are they similar?

1. Activator - TPS - Scratch Paper Challenge
2. Introduction to Stock
   
3. Jigsaw - Vocab Term Scavenger Hunt - Click Here
4. Mini Poster Presentations
5. Try It - Stock Market Simulator
6. TOD - List and describe each of the investment options reviewed in class

Bonds


Mutual Funds


ETFs


Common vs. Preferred Stock

Risk and (Expected) Return

EQ - How are risk and expected return related to investment options?

1. Activator - Create a teenage bucket list (at least 5 things you'd like to do before turning 20)
1. TPS
2. Discussion - What keeps you from doing all of these things right now?
2. Intro - Risk and Expected Return
3. It is that easy? TPS - What Would You Do ?
1. Which option did you choose?
2. For what reasons did you make this choice?
3. What made you decide not to choose the alternative?
4. Chalk Talk: What do you think of when you hear the word investment?
5. Defining Investments - Video 
1. Class discussion
6.  Intro to investment options (Pyramid)
1. Bonds
2. Mutual Funds
3. Exchange Traded Funds
4. Preferred Stock
5. Common Stock
6. Speculative
7. Real Estate
7. Defining Risk & Discussing its impact on investments
8. Visually depicting the relationship
9. TOD - List 3 risky investments; List 3 low risk investments
10. Intro to Diversification
11. Evaluating Your Options
1. Use the results of yesterday's risk assessment to formulate a logical combination of investment tools to diversify your portfolio and increase confidence in your investment strategy.
12. Muddy Points

The Dreaded "I" Word

EQ- What opportunity costs exist during the savings vs. investing decision?

1. Activator - Back when I was your age, ________ cost _________.  Click Here
2. The dreaded "I" word
3. The impact on your money - What it means to you.
1. Opportunity Cost
2. Emergency Fund
3. Risk
4. Test your risk tolerance - Risk Tolerance Quiz
5. Savings vs. Investing
6. TOD - Answer the EQ
7. Reactivator - Chalk Talk: What do you think of when you hear the word investment?
8. Defining Investments - Video 
1. Class discussion
9. It is that easy? TPS - What Would You Do ?
1. Which option did you choose?
2. For what reasons did you make this choice?
3. What made you decide not to choose the alternative?
10. Defining Risk & Discussing its impact on investments
11. TOD - List 3 risky investments; List 3 low risk investments

The 3 D's of Identity Theft

EQ - What are the 3 D's for identity theft?

1. Activator - Identity Theft Commercials
2. Intro to the 3 D's
3. Partnership Review
4. Quiz - Click Here
5. Unit Project Directions - See Below

Get ready to use your creative wizardry to create a commercial!

You will be working as a team to create a commercial or public service announcement to inform the general public about identity theft.

From groups to create a TV commercial that includes the following information regarding Identity Theft:

1. The What and Why of Identity Theft
2. Costs of Identity Theft
3. 3 of the 6 methods used to steal identity
4. The other 3 methods
5. The 3-D's to Help

Each TV commercial must be 2-5 minutes long and include a detailed description of the content and serve as a review tool.

All groups will present before the end of the class period tomorrow.

Good luck!!!

Identity Thef Continued

EQ - What are the monetary costs of Identity Theft?

1. Activator - What Word?
1. Choose one of the six methods of identity theft
2. Describe the method to a partner until they can guess which form of identity theft you are discussing
3. Switch to the other partner and repeat
2. Pre-reading - Links posted below
   
1. What is the topic
2. What should I focus on during the reading?
3.  Each partner will choose one of the articles to read for understanding
1. Read the article
2. Take notes
3. Write a complete summary of the article
4. Tweet-Time - Reduce your summary to 140 characters or less
1. Share your Tweet with your partner
2. Answer your partner's questions by describing your Tweet with more details from the reading.
5. Create a study guide (This must be a newly generated study guide) including ALL information from the Identity Theft Unit

Link 1 - CNN
Link 2 - Informationweek

Who It Affects

How Much Money It Costs

How much U.S. households lost as a result of identify theft. That’s more than the gross domestic product of the entire country of Cambodia.

How Much Time It Costs

Average amount of time victims spend repairing identity theft.
Annual number of hours lost by all victims…

… which is the equivalent of 559 lifetimes, based on the U.S life expectancy of 78.2 years.

Sources: Three New Ways to Protect Your Identity in 2012 (Forbes); FTC Releases Top Complaint Categories for 2011 (Federal Trade Commission); 2010 United States Census; Cambodia (The World Bank); Identity Theft Reported By Households Rose 33 Percent From 2005 To 2010 (Department of Justice); Identity Fraud Fell 28 Percent in 2010 According to New Javelin Strategy & Research Report (Javelin Strategy)

Intro to Unit 7

EQ - How do thieves obtain information to obtain one’s personal identity?

1. FIRST THING FIRST - Scholarship Opportunity
2. Activator - Citibank Commercial
3. Discussion Question - What do you know about Identity Theft?
4. Advanced Organizer *
• PowerPoint
• TPS - Complete the Advanced Organizer 
• Post Questions to Today's Meet - Click to Enter
5. How Identity Theft Happens (6)
• Phishing - YouTube - Phishing
• Dumpster Diving
• Traditional Stealing
• Pretexting
• Hacking
• Spyware 
6. Team Skit Activity
7. Polling Place - Click to Vote
8. TOD - Muddy Points

Finalizing Credit

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

1. Apply Your Knowledge – Partnership Activity
1. Review the Unit Map
2. Formulate Questions 
2. Credit Story Project - Review the directions as a class
1. Choose at least 15 vocabulary terms learned throughout the Credit Unit
2. Compose a story that indicates an understanding of each term’s meaning
1. The story should be written as a conversation
2. The story must be a minimum of 9 frames in length
3. Design rough draft illustrations for your story
4. Create the final draft of your entire credit story (Due Tuesday at the start of class).
3. REMEMBER - 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
4. This story should be written in Google Docs
1. Your password is Capital DSD and your lunch Code (DSD12341242)

Managing Credit

EQ - How can poor credit management impact your personal financial situation?

Lesson PowerPoint

1. Activator - Brainstorm 3-5 signals that show a person is getting into financial trouble with credit.
2. Discussion Question - What can a person do to improve a troubling financial situation?
3. Intro - Credit Counseling
1. What is credit counseling?
2. How does credit counseling work (Key activities)?
3. Where can you find assistance?
4. Muddy Points
4. TPS: Bankruptcy - 2 Forms
1. Foldable
1. Type of bankruptcy (Defined/What?)
2. How does it work?
3. Benefits?
4. Drawbacks?
5. Knowledge Check
1. Identify 7 warning signs that a person is in financial trouble.
2. Explain the 2 main activities of the CCCS?
3. Describe two options when declaring bankruptcy.
4. Why might it be easier for someone to obtain credit if they have filed Chapter 13 bankruptcy instead of Chapter 7 bankruptcy?  Support your answer with specific details from the entire Credit Unit.
5. Managing Debt - Credit decision making
6. Debriefing
7. Muddy Points

Credit Reports

1. Time to practice credit songs
2. Song Performances

EQ - How are credit reports created?

1. Activator: What is the greatest advantage of using credit?  Justify your answer.
2. Intro Credit Report PowerPoint
1. Credit Report Detectives, Inc - Client Isabella
2. Credit Review
3. Parties involved in Credit Reporting
4. 4 Categories of a Credit Report
5. Impact of a Credit Score
6. Determining a Credit Score
7. Positive vs. Negative Credit Score Decisions
3. Summarizer - What you do makes a difference
4. Positive Practices
5. Negative Practices
6. Summary
7. TOD - Muddy Points

PowToon Project

• Update your quiz answers
• Use the correct answers as the content of your PowToon video