Week 4 - Plan: Intro to Banking

Introduction:

Banking provides an individual with a risk free environment to save, spend, and grow their money.  Choosing the right bank is incredibly important; most students choose the bank their parent/guardian uses because it is the most convenient, however, you may be missing out on services that can improve your personal financial situation.

This week's activities are designed to introduce you to the banking industry and build vocabulary recognition.

The activities are designed to take 30 minutes or less per day; the equivalent of 2.5 hours for the week.  Please communicate with me if you are having difficulties or are feeling overwhelmed.  I've got your back in all of this...I PROMISE.

Office Hours:

1. Monday - Friday (10:00 - 10:30 am & 2:00 - 2:30 pm)
2. By Appointment (Message me via Schoology to Request a Meeting)

Assignments:

1. Check In During Office Hours - 1x
2. EdPuzzle
3. Intro to Banking - Submit Your Notes
4. Intro to Banking Knowledge Check
5. Vacation of a Lifetime (Deadline extended from last week)

Distance Learning Week 3: Vacation of a Lifetime

VACATION OF A LIFETIME

PERSONAL FINANCE

BUDGETING ASSESSMENT

Get ready to plan a well-deserved vacation!  It is time to make those vacation dreams come true – at least the planning stages.  In the next several days, you will be researching and recording information about what it takes to get from here to your chosen destination and back.  

You will have a budget of $1,500 for each person (max. 2)

This amount must pay for transportation (both ways), sightseeing, souvenir shopping, lodging, meals, and all other expenses you may incur on your trip.  It is your job to plan a GREAT vacation within your budget.  Don’t “skimp” if you really wouldn’t make those choices. Be realistic (for most people, staying in your hotel and eating only fast food isn’t part of a dream vacation).

You may NOT choose a vacation package that includes everything all together.  You must do research on each category such as transportation, lodging, etc.

Record all of your research on the packet provided.  When completely finished with your research, you should begin to develop a presentation about your vacation following the guidelines in your packet.

In addition, you will need to complete and initial spending plan worksheet.  Your income ($1,500) must match your expenses. You may not overspend. If you underspend, be sure to place the money into a savings account.

Finally, you will complete the following:

• Construct a budget
• List all expenses
• Identify each expense as fixed or variable
• Categorize all expenses
• Calculate the percentage of income you spent in each category
• Create a pie chart  to illustrate your expenditures
• How does your spending plan compare to the suggested typical spending plan allocations presented in class.

Submit your completed Student Workbook Pages to receive credit

Distance Learning Week 2: Intro to Budgeting

Week 2: Personal Finance Lesson Plan (Budgeting)

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Introduction:

Budgeting allows you to create a spending plan for your money, it ensures that you will always have enough money for the things you need and the things that are important to you. Following a budget or spending plan will also keep you out of debt or help you work your way out of debt if you are currently in debt.

Overview:

This week's activities are designed to help you begin navigating how budgeting works and the elements that make up a budget.  The week will conclude with you reviewing, analyzing and creating a budget for a family with information that is provided to you.

Office Hours:

1. Monday - Friday (10:00 - 10:30 am & 2:00 - 2:30 pm)
2. By Appointment (Message me via Schoology to Request a Meeting)

Part 1: Simulation of Potential Life Expenses

1. College Payback (Fill in the worksheet as you complete this simulation)

Part 2: Introduction to Budgeting

1. Edpuzzle (you will need to create an account using your Donegal Google Account unless you already have one established)
2. Concept Connections - Discussion Board Response

Part 3: Budgeting Notes

1. Review the PowerPoint & Take Notes
2. Review the Budgeting Info Sheet 

Part 4: Budgeting In Action

1. Budgeting Assignment (Download and Save a Copy of the file)