Dangers of Credit

EQ - How can poor credit management impact a person?

1. Activator - Video Clip


2. Setting a Purpose - Maxed Out Documentary
1. Review the EQ
2. What should we look for throughout the film?
3. TOD - List and explain the examples of poor credit management shown in the film and describe the impact poor credit management had on these individuals.

Intro to Credit

 EQ - How does credit impact personal finance?

1. Activator: 
1. Black Friday Survey 2014
2. Credit Simulation
3. Discussion - What do you know about credit?
4. Partnership Training - Use the following PowerPoint to create a poster to explain the following items - PPT - A Deeper View of Credit
1. Define Credit
2. How Credit Works
3. Forms of Credit
4. Interest
5. Minimum Payments
6. Advantages and Disadvantages of Credit
5. Museum Walk
6. Muddy Points

Managing Checking Accounts

EQ - What are the steps to responsibly manage a checking account?

1. Activator - Splashdown the two formulas for calculating interest
2. Homework Review
3. Practice Problem
4. Quiz
5. Introduction to Checking Accounts
6. Making a Deposit
1. Elements
2. Guided Practice
3. Try It
7. Importance of Accurate Record Keeping
8. Writing Checks
1. Elements
2. Guided Practice
3. Try It
9. Simulation Assessment - Part 1 of the simulation
1. Introduction
2. Individual practice
3. Muddy Points
10. Bank Reconciliation
1. Introduction
2. Guided Practice
3. Try It
11. TPS - Formulate a step-by-step process 
12. Simulation Assessment - Part 2 of the simulation
13. Muddy Point Review

Intro to Savings Tools

EQ - How would you choose the best savings tool to help meet your financial goals?

1. Activator - List what you know about savings tools
2. Graphic Organizer
3. Savings Tools PowerPoint
1. Savings Tools PowerPoint (PPT)
2. Savings Tools PowerPoint (pdf)
1. Intro to Savings Tools
2. 4 Types of Savings Tools
3. Review of Liquidity
4. Characteristics of Savings Tools
4. AP - Collaborative Pairs
1. Create an Infographic that includes details on each of the 4 savings tools
1. Name of savings tools
2. Characteristics of each savings tool
3. Liquidity and Interest Rate expectations
5. TOD - Muddy Points

*Intro to Check Register*

Intro to Banking Systems

EQ - How can bank accounts benefit me?

1. Activator – How does the banking system work
1.  Draw and label a picture of how you believe the banking system works
2. Chalk Talk – How banks work
3. AP – Update your picture and summarize how banks work on the back of your paper
4. Activator – Money Matters (YouTube music video)
1. Active Reading TPS - I'm the Biggest Boss (of my money)
2.  Discussion Question - Why is it important to open a bank account?
5. AP – Reading Response Questionnaire
1. What are savings and checking accounts, and how do they differ?
2. How can opening a bank account help you learn to budget? Why is this important, especially if you use a debit card?
6. Discussion Question - How do you know which bank is right for you?
7. Shared Inquiry - Did You Know
1. Identify unknown words
2. Identify questions you have
3. Discussion 
8. AP - Top 3 - Identify and Rank
1.  Students partner up to list as many reasons as they can to explain why bank accounts are important.
2. Groups will list reasons on the board and then explain why they believe their group has the best reasons.
3. TOD - Students will individually rank their top 3 reasons that teens should learn about banks and bank accounts?

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