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									Personal Finance
Instructional Unit       Banking
Personal Finance
Unit Content                       Objective              Performance Indicator              Performance Task         State Standards Code:

Financial Institutions             The students will be   - Label a check's components.      - Classroom discussion       6.5.9.H,
- commercial banks                 able to properly                                                                       11.1.9.B,
- savings and loan associations    maintain a checking    - Explain the process of check     - Graded Worksheets          2.2.11.A
- credit unions                    account by writing     clearing.                          - Groupwork
- choosing a bank that fits your   checks, filling out    - Write checks, fill out deposit   - Online Activities
needs                              deposit slips,         slips, endorse checks, and fill    - Review Worksheets
- point-of-sale transactions       endorsing checks,      out a check register given         - Quizzes
- ATM                              filling out a check    specific situations.
- direct deposit                   register, and          - Reconcile numerous bank
                                   reconciling a bank     statements given a check
Savings Accounts                   account.               register and a bank statement.
- money market accounts
- certificates of deposit                                 - Maintain their own checking
- U.S. Savings Bonds                                      account through a classroom
- compound interest
- annual percentage yield
- using a savings calculator

Checking Accounts
- writing checks properly
- endorsing checks
- filling out deposit slip
- using a check register
- Reconciling a bank statement

Online Banking




Monday, August 29, 2005                                                                                                               Page 1 of 28
Instructional Unit       Banking
Personal Finance
Unit Content                       Objective                  Performance Indicator              Performance Task         State Standards Code:

Financial Institutions             The students will be       - Decide whether online            - Classroom discussion       11.1.9.B, ,
- commercial banks                 able to explain both the   banking is appropriate for them                                 11.1.12.B
- savings and loan associations     advantages and            or not.                            - Graded Worksheets
- credit unions                    disadvantages of           - List three pros and three cons   - Groupwork
- choosing a bank that fits your   online banking.             of online banking.                - Online Activities
needs                                                         - List 10 different operations     - Review Worksheets
- point-of-sale transactions                                  that can be completed via          - Quizzes
- ATM                                                         online banking.
- direct deposit

Savings Accounts
- money market accounts
- certificates of deposit
- U.S. Savings Bonds
- compound interest
- annual percentage yield
- using a savings calculator

Checking Accounts
- writing checks properly
- endorsing checks
- filling out deposit slip
- using a check register
- Reconciling a bank statement

Online Banking




Monday, August 29, 2005                                                                                                                     Page 2 of 28
Instructional Unit       Banking
Personal Finance
Unit Content                       Objective              Performance Indicator              Performance Task         State Standards Code:

Financial Institutions             The students will be   - Explain how to use ATMs and      - Classroom discussion       6.5.9.H,
- commercial banks                 able to incorporate     point-of-sale transactions.                                    6.5.12.G,
- savings and loan associations    selecting a bank and   - Explain the purpose of the       - Graded Worksheets          11.1.9.B,
- credit unions                    opening appropriate    FDIC.                              - Groupwork                  2.3.8.B
- choosing a bank that fits your   checking and savings   - Discuss the difference           - Online Activities
needs                              accounts into their    between commercial banks,          - Review Worksheets
- point-of-sale transactions       lives.                 savings and loan associations,     - Quizzes
- ATM                                                     and credit unions.
- direct deposit                                          - List the different types of
                                                          savings plans available and
Savings Accounts                                          explain the advantages and
- money market accounts                                   disadvantages of each.
- certificates of deposit                                 - Research different financial
- U.S. Savings Bonds                                      institutions to determine the
- compound interest                                       types of savings plans offered
- annual percentage yield                                 locally and nationally.
- using a savings calculator                              - Explain the significance of
                                                          compound interest in both
Checking Accounts                                         essay form and using
- writing checks properly                                 calculations.
- endorsing checks                                        - Calculate compound interest
- filling out deposit slip                                calculated monthly.
- using a check register                                  - Using a savings calculator,
- Reconciling a bank statement                            calculate the future value given
                                                           the present value, amount
Online Banking                                            deposited regularly, interest
                                                          rate, and amount of time
                                                          invested.
                                                          - Using a savings calculator,
                                                          calculate either the present
                                                          value needed or the amount
                                                          needed to deposit regularly
                                                          given the future value, the

Monday, August 29, 2005                                                                                                               Page 3 of 28
Instructional Unit    Banking
Personal Finance
Unit Content                    Objective   Performance Indicator              Performance Task   State Standards Code:

                                            interest rate, and the amount of   - Tests
                                             time invested.
                                            Using a savings calculator, find
                                             the amount of time needed to
                                            invest given the present value,
                                            the amount deposited regularly,
                                             the future value, and the
                                            interest rate.




Monday, August 29, 2005                                                                                          Page 4 of 28
Instructional Unit       Career Planning and Paychecks
Personal Finance
Unit Content                          Objective                   Performance Indicator           Performance Task         State Standards Code:

Career Planning                       The students will be        - Discuss the difference        - Classroom discussion       11.1.12.B,
- jobs versus careers                 able to explain and         between a job and a career.                                  11.1.9.E,
- aptitude and interest inventories   begin the career            - Discuss the difference        - Graded Worksheets          13.1.11.A,
- the career planning process         planning process,           between an aptitude and a       - Groupwork                  13.1.11.B,
- obtaining employment experience     including determining       career and list some of their   - Online Activities          13.1.11.C,
                                      their own interests and     own.                            - Review Worksheets          13.1.11.D,
- resumes and cover letters            aptitudes, evaluating      - Evaluate the current          - Quizzes                    13.1.11.E,
- interviewing process                the employment market,      employment market and                                        13.2.11.A,
- benefits                             applying for a position,   analyze why some careers are                                 13.2.11.B,
                                       and interviewing.           abundant, while others are                                  13.2.11.C
Paychecks                                                         minimal.
- net pay and gross pay                                           - Determine effective ways to
- paycheck deductions                                             obtain job experience.
- income tax: federal, state, and                                 - Coach another student as to
local                                                             how to be successful in an
- Social Security tax                                             interview.
- Medicare tax
- other deductions
- direct deposit
- W-4 form
- reading a paycheck




Monday, August 29, 2005                                                                                                                     Page 5 of 28
Instructional Unit       Career Planning and Paychecks
Personal Finance
Unit Content                          Objective                 Performance Indicator                Performance Task         State Standards Code:

Career Planning                       The students will be      - List general tips for writing an   - Classroom discussion       11.1.9.E,
- jobs versus careers                 able to write their own    effective resume and cover                                       13.2.11.C
- aptitude and interest inventories   effective resume and      letter.                              - Graded Worksheets
- the career planning process         cover letter for a        - Using sample resumes and           - Groupwork
- obtaining employment experience     summer job.               cover letters, write your own        - Online Activities
                                                                original resume and cover            - Review Worksheets
- resumes and cover letters                                     letter.                              - Quizzes
- interviewing process                                          - Evaluate the resumes and
- benefits                                                      cover letters of other students.

Paychecks
- net pay and gross pay
- paycheck deductions
- income tax: federal, state, and
local
- Social Security tax
- Medicare tax
- other deductions
- direct deposit
- W-4 form
- reading a paycheck




Monday, August 29, 2005                                                                                                                       Page 6 of 28
Instructional Unit       Career Planning and Paychecks
Personal Finance
Unit Content                          Objective               Performance Indicator               Performance Task         State Standards Code:

Career Planning                       The students will be    - Explain the difference            - Classroom discussion       6.5.12.A,
- jobs versus careers                 able to interpret pay   between gross pay and net                                        11.1.12.E,
- aptitude and interest inventories   stubs and explain the   pay.                                - Graded Worksheets          13.1.11.D,
- the career planning process         common deductions       - Explain the different taxes       - Groupwork                  2.2.11.A
- obtaining employment experience     found in most           that are deducted and the           - Online Activities
                                      paychecks.              purpose of each particular tax.     - Review Worksheets
- resumes and cover letters                                                                       - Quizzes
- interviewing process                                        - List some other deductions
- benefits                                                    that could be withdrawn from a
                                                               person's paycheck.
Paychecks                                                     - Calculate a paycheck given
- net pay and gross pay                                       the pay period, the amount of
- paycheck deductions                                         hours, the rate of pay, the
- income tax: federal, state, and                             federal and state tax tables, the
local                                                          percentage of FICA tax
- Social Security tax                                         withheld, and any other
- Medicare tax                                                deductions.
- other deductions
- direct deposit
- W-4 form
- reading a paycheck




Monday, August 29, 2005                                                                                                                     Page 7 of 28
Instructional Unit      Consumer Credit
Personal Finance
Unit Content                        Objective                Performance Indicator             Performance Task         State Standards Code:

Credit Cards                        The students will be     - List numerous ways identity     - Classroom discussion       6.5.9.H,
- interest                          able to determine an     theft can be prevented.                                        11.1.9.B,
- Annual Percentage Rate            appropriate action       - Explain the steps that should   - Graded Worksheets          11.1.12.B
- finance charges                   when a problem           be taken if you suspect your      - Groupwork
- minimum payment                   occurs with a credit     identity has been stolen.         - Online Activities
- debit or check card               card or a loan as well   - Describe the steps that         - Review Worksheets
- different types of credit cards   as when a person is      should be taken if you are        - Quizzes
- reading a credit card statement   overcome by debt.        overcome by debt.
                                                             - Assess a situation and
Obtaining Credit                                             determine the appropriate
- debt payments-to-income ratio                              action that should be taken to
- 5 C's of credit                                            help a person get out of debt.
- credit rating and credit score                             - State the differences
- student loans                                              between Chapter 7 and
- loan calculators                                           Chapter 13 bankruptcies.

Credit Protection
- identity theft
- co-signing a loan
- indebtedness
- credit counselors
- bankruptcy




Monday, August 29, 2005                                                                                                                 Page 8 of 28
Instructional Unit      Consumer Credit
Personal Finance
Unit Content                        Objective                 Performance Indicator                Performance Task         State Standards Code:

Credit Cards                        The students will be      - List advantages and                - Classroom discussion       6.5.9.H,
- interest                          able to choose an         disadvantages of using credit.                                    11.1.9.B,
- Annual Percentage Rate            appropriate credit card                                        - Graded Worksheets          11.1.12.B,
- finance charges                   for a given situation     - Discuss various components         - Groupwork                  2.3.8.B,
- minimum payment                   and describe the most     of a disclosure chart, including     - Online Activities          2.5.11.D
- debit or check card               effective way to use      annual fee, APR, grace period,       - Review Worksheets
- different types of credit cards   the credit card.          finance charge, minimum              - Quizzes
- reading a credit card statement                             payment, transaction fees, late
                                                              fees, and credit limit.
Obtaining Credit                                              - Survey types of credit cards.
- debt payments-to-income ratio
- 5 C's of credit                                             - Investigate various interest
- credit rating and credit score                              rates.
- student loans                                               - Determine characteristics of
- loan calculators                                            an appropriate credit card for a
                                                               given situation.
Credit Protection                                             - Discuss why you should
- identity theft                                              always attempt to pay more
- co-signing a loan                                           than the minimum payment, if
- indebtedness                                                possible.
- credit counselors                                           - Intelligently read a credit card
- bankruptcy                                                  statement.




Monday, August 29, 2005                                                                                                                      Page 9 of 28
Instructional Unit      Consumer Credit
Personal Finance
Unit Content                        Objective                Performance Indicator               Performance Task         State Standards Code:

Credit Cards                        The students will be     - Calculate whether or not a        - Classroom discussion       6.5.9.H,
- interest                          able to determine        person can afford a loan given                                   11.1.9.B,
- Annual Percentage Rate            whether or not they      current monthly expenses.           - Graded Worksheets          11.1.12.B,
- finance charges                   will be approved for a   - Determine whether or not a        - Groupwork                  2.2.11.A
- minimum payment                   loan by understanding    person can afford a loan by         - Online Activities
- debit or check card               the components           calculating their debt-to-income    - Review Worksheets
- different types of credit cards   creditors evaluate.      ratio.                              - Quizzes
- reading a credit card statement                            - Discuss how the term and the
                                                              interest rate affect the total
Obtaining Credit                                             amount of money being paid.
- debt payments-to-income ratio                              - State the 5 C's of credit. That
- 5 C's of credit                                            is, the 5 components creditors
- credit rating and credit score                             evaluate to determine whether
- student loans                                              or not a person will be
- loan calculators                                           approved for a loan.
                                                             - Discuss the components of a
Credit Protection                                            credit report and how to obtain
- identity theft                                             one.
- co-signing a loan                                          - Discuss what a person can
- indebtedness                                               do to earn a high credit score
- credit counselors                                          and also how a person can
- bankruptcy                                                 improve their credit score.
                                                             - List the different types of aid
                                                             a person can receive to go to
                                                             college and how they can
                                                             obtain a student loan.




Monday, August 29, 2005                                                                                                                Page 10 of 28
Instructional Unit       Finance Basics
Personal Finance
Unit Content                           Objective                  Performance Indicator              Performance Task         State Standards Code:

- personal financial planning          Students will be able to   - Identify at least one personal   - Classroom discussion       6.3.12.E,
- short, intermediate, and long term    develop their own         long-term financial goal and                                    11.1.12.B,
goals                                  short-term,                create a plan to achieve that      - Graded Worksheets          13.3.8.D,
- opportunity cost                     intermediate, and          goal.                              - Groupwork                  6.3.9.B
- risks                                long-term goals within     - Within that plan, identify       - Online Activities
- liquidity                            their own financial        numerous short-term and            - Review Worksheets
- services and goods                   plan, understanding        intermediate goals that must be    - Quizzes
- economics                            that a financial plan      met in order to achieve the
- supply and demand                    must be constantly         long-term goal.
- inflation                            updated.                   - Determine factors that could
- interest                                                        or will affect whether or not
- principal                                                       goals are attained.
                                                                  - Explain inflation and how it
                                                                  will affect people in our
                                                                  society.

- personal financial planning          The students will be       - Determine the financial and      - Classroom discussion       6.3.12.E,
- short, intermediate, and long term   able to analyze both       non-financial opportunity costs                                 11.1.12.B,
goals                                  financial and              that will arise when a financial   - Graded Worksheets          6.3.9.B
- opportunity cost                     non-financial              decision as been made.             - Groupwork
- risks                                opportunity costs and      - Identify risks associated with   - Online Activities
- liquidity                            risks associated with a    choosing a specific path to        - Review Worksheets
- services and goods                    given situation.          follow.                            - Quizzes
- economics                                                       - Make an educated financial
- supply and demand                                               decision taking into account a
- inflation                                                       person's needs, wants, current
- interest                                                         financial situation, and
- principal                                                       personal values.




Monday, August 29, 2005                                                                                                                    Page 11 of 28
Instructional Unit     Housing
Personal Finance
Unit Content                      Objective                 Performance Indicator             Performance Task         State Standards Code:

Renting a Property                The students will be      - List financial advantages of    - Classroom discussion       11.1.12.C,
 - advantages and disadvantages   able to debate the pros   renting.                                                       11.1.12.B
of renting a property              and cons of both         - List non-financial advantages   - Graded Worksheets
 - lease                          renting a property and    of renting.                       - Groupwork
 - renters' insurance             purchasing a property.    - List financial advantages of    - Online Activities
 - sublet                                                   buying.                           - Review Worksheets
 - security deposit                                         - List non-financial advantages   - Quizzes
                                                            of buying.
Buying a Property                                           - Given a situation, determine
 - advantages and disadvantages                             and justify the appropriate
of buying a property                                        course of action pertaining to
 - listing price                                            housing.
 - home buying process                                      - Discuss the costs associated
 - real estate agents                                       with renting.
 - closing costs                                            - Discuss the costs associated
 - mortgage                                                 with purchasing a home.
 - down payment                                             - Interpret a lease.
 - private mortgage insurance                               - Utilize appropriate Internet
 - equity                                                   web sites to search for
 - home equity loan                                         apartments to rent and homes
 - refinance                                                to purchase.
 - escrow account
 - points




Monday, August 29, 2005                                                                                                             Page 12 of 28
Instructional Unit     Housing
Personal Finance
Unit Content                      Objective                  Performance Indicator              Performance Task         State Standards Code:

Renting a Property                The students will be       - List advantages and              - Classroom discussion       11.1.12.C,
 - advantages and disadvantages   able to describe the       disadvantages of using a real                                   2.5.8.B,
of renting a property             home-buying process        estate agent to assist in the      - Graded Worksheets          2.2.11.A
 - lease                          using appropriate          buying or selling a home.          - Groupwork
 - renters' insurance             terminology, including a   - Discuss the difference           - Online Activities
 - sublet                          discussion on             between a fixed-rate mortgage      - Review Worksheets
 - security deposit               mortgages.                 and an adjustable-rate             - Quizzes
                                                             mortgage.
Buying a Property                                            - List ways a home buyer can
 - advantages and disadvantages                              decrease their monthly
of buying a property                                         mortgage payment.
 - listing price                                             - List some typical closing
 - home buying process                                       costs.
 - real estate agents                                        - Explain the purpose of an
 - closing costs                                             escrow account.
 - mortgage                                                  - Discuss how to determine
 - down payment                                              "how much house" you can
 - private mortgage insurance                                afford.
 - equity                                                    - Depict the typical
 - home equity loan                                          home-buying process.
 - refinance                                                 - Utilize online calculators to
 - escrow account                                            determine monthly mortgage
 - points                                                    payments.
                                                             - Utilize online tools to
                                                             determine if a house is
                                                             affordable in a given situation.




Monday, August 29, 2005                                                                                                               Page 13 of 28
Instructional Unit          Insurance
Personal Finance
Unit Content                            Objective                   Performance Indicator               Performance Task         State Standards Code:

 - Automobile Insurance                 The students will be        - Relate insurance to risk.         - Classroom discussion       11.1.12.B
 - Health Insurance                     able to discuss the         - List some criteria used to
 - Renters' Insurance                   different types of          determine the cost of car           - Graded Worksheets
 - Homeowners' Insurance                insurance including         insurance.                          - Groupwork
 - Life Insurance                       automobile, health, life,   - State the types of car            - Online Activities
 - Disability Insurance                 disability, renters, and    insurance that are required by      - Review Worksheets
                                        homeowners in an            law.                                - Quizzes
 - premium                              intellectual manner.        - Give a brief description of the
 - coverage                                                         different types of car
 - policy                                                           insurance that can be obtained.
 - claim
 - deductible                                                       - Differentiate between full tort
 - required car insurance                                           and limited tort.
 - liability                                                        - Describe the steps that
 - co-payment                                                       should be taken in case of an
 - beneficiary                                                      accident.
                                                                    - State the coverage included in
                                                                     homeowners insurance.
                                                                    - Describe the factors that
                                                                    affect home insurance costs
                                                                    and why they affect the cost.
                                                                    - Identify the various healthcare
                                                                     plans.
                                                                    - Describe when and why life
                                                                    insurance is important.
                                                                    - Discuss the different types of
                                                                     life insurance plans.




Monday, August 29, 2005                                                                                                                          Page 14 of 28
Instructional Unit      Investments
Personal Finance
Unit Content                          Objective                 Performance Indicator               Performance Task         State Standards Code:

Investments in Stocks & Bonds         The students will be      - Define stocks, bonds, and         - Classroom discussion       6.5.12.G,
 -Stocks                              able to distinguish       mutual funds.                                                    11.1.9.B,
 -Corporations                        between stocks,           - Describe how bonds "work."        - Graded Worksheets          11.1.12.B
 -Dividends                           bonds, and mutual         Include appropriate terminology     - Groupwork
 -Capital Gains                       funds and incorporate     such as face value, interest        - Online Activities
 -Common Stock                        them into a diversified   rate, and maturity date.            - Review Worksheets
 -Preferred Stock                     portfolio.                - Describe how mutual funds         - Quizzes
 -Stock Listings                                                "work." Include appropriate
 -Municipal Bonds                                               terminology.
 -Corporate Bonds                                               - Describe how to evaluate
 -Savings Bonds                                                 mutual funds.
 -Mutual Funds                                                  - Determine the "value" of a
                                                                bond using a bond quotation
When does investing become                                      and its rating.
gambling?                                                       - Describe the different types
 -Speculating                                                   of government bonds and
 -Investing                                                     where they can be obtained.
 -Broker                                                        - List the two main ways to
 -Commission                                                    make money when investing in
                                                                stocks.
Investments Pros and Cons                                       - List the two main ways to
 -U.S. Securities and Exchange                                  make money when investing in
Commission                                                      bonds.
                                                                - List the three main ways to
Stock Prices and Inflation                                      make money when investing in
 -Bear Market                                                   mutual funds.
 -Bull Market                                                   - Create a diversified portfolio.
 -Insider Trading
 -Consumer Price Index                                          - Determine the risk associated
 -Deflation                                                     with stock from a specific
 -Inflation                                                     company.
                                                                - Explain a stock split and how
Value For The Future                                            that can benefit investors.

Monday, August 29, 2005                                                                                                                      Page 15 of 28
Instructional Unit     Investments
Personal Finance
Unit Content                         Objective   Performance Indicator                Performance Task   State Standards Code:

  -Annuity                                       - Identify different categories of   - Tests
  -Payroll Deduction                              stock investments.
  -Individual Retirement Account                 - Explain how a stock index
(IRA)                                            can be beneficial to investors.
  -Roth IRA                                      - Identify the main security
  -403b                                          exchanges.
  -401k




Monday, August 29, 2005                                                                                               Page 16 of 28
Instructional Unit      Investments
Personal Finance
Unit Content                          Objective                  Performance Indicator               Performance Task         State Standards Code:

Investments in Stocks & Bonds         Students will be able to   - Determine the ticker symbol of    - Classroom discussion       6.5.12.G,
 -Stocks                               research stocks and        a given company.                                                11.1.9.B,
 -Corporations                        mutual funds to            - Read and interpret a stock        - Graded Worksheets          11.1.12.B,
 -Dividends                           develop a portfolio to     table.                              - Groupwork                  2.2.11.F,
 -Capital Gains                       be utilized in a           - Successfully utilize the online   - Online Activities          2.5.11.D,
 -Common Stock                        ten-week Stock Market      software for The Stock Market       - Review Worksheets          2.6.11.B
 -Preferred Stock                      Game, reevaluating        Game.                               - Quizzes
 -Stock Listings                      their portfolio each       - Decide whether to buy and/or
 -Municipal Bonds                     week.                       sell stock at the appropriate
 -Corporate Bonds                                                time, providing justification.
 -Savings Bonds                                                  - Justify why buying a specific
 -Mutual Funds                                                   stock would be beneficial at
                                                                 this point in time.
When does investing become                                       - Indicate the differences
gambling?                                                        between purchasing stock in
 -Speculating                                                    the stock market game and
 -Investing                                                      purchasing stock in real life.
 -Broker
 -Commission

Investments Pros and Cons
 -U.S. Securities and Exchange
Commission

Stock Prices and Inflation
 -Bear Market
 -Bull Market
 -Insider Trading
 -Consumer Price Index
 -Deflation
 -Inflation

Value For The Future

Monday, August 29, 2005                                                                                                                    Page 17 of 28
Instructional Unit     Investments
Personal Finance
Unit Content                         Objective   Performance Indicator   Performance Task   State Standards Code:

  -Annuity                                                               - Tests
  -Payroll Deduction
  -Individual Retirement Account
(IRA)
  -Roth IRA
  -403b
  -401k




Monday, August 29, 2005                                                                                  Page 18 of 28
Instructional Unit      Investments
Personal Finance
Unit Content                          Objective                  Performance Indicator            Performance Task         State Standards Code:

Investments in Stocks & Bonds         Students will be able to   - Using a loan calculator,       - Classroom discussion       6.5.12.G,
 -Stocks                               explain the importance    examine the impact factors                                    11.1.9.B,
 -Corporations                         of investing for          such as amount invested          - Graded Worksheets          11.1.12.B,
 -Dividends                           retirement and discuss     monthly and time began           - Groupwork                  2.2.11.A
 -Capital Gains                       the main choices           investing have on the amount     - Online Activities
 -Common Stock                        available for retirement   available at retirement.         - Review Worksheets
 -Preferred Stock                     investments.               - Describe the different types   - Quizzes
 -Stock Listings                                                 of employee-sponsored
 -Municipal Bonds                                                retirement plans such as
 -Corporate Bonds                                                pension, 401K, and 403B.
 -Savings Bonds                                                  - Explain why it is wise to
 -Mutual Funds                                                   invest money for retirement in
                                                                 an IRA rather than simply
When does investing become                                       investing in the stock market.
gambling?
 -Speculating
 -Investing
 -Broker
 -Commission

Investments Pros and Cons
 -U.S. Securities and Exchange
Commission

Stock Prices and Inflation
 -Bear Market
 -Bull Market
 -Insider Trading
 -Consumer Price Index
 -Deflation
 -Inflation

Value For The Future

Monday, August 29, 2005                                                                                                                 Page 19 of 28
Instructional Unit     Investments
Personal Finance
Unit Content                         Objective   Performance Indicator   Performance Task   State Standards Code:

  -Annuity                                                               - Tests
  -Payroll Deduction
  -Individual Retirement Account
(IRA)
  -Roth IRA
  -403b
  -401k




Monday, August 29, 2005                                                                                  Page 20 of 28
Instructional Unit       Money Management and Consumer Purchasing
Personal Finance
Unit Content                        Objective                Performance Indicator             Performance Task         State Standards Code:

Money Management                    The students will be     - Discuss the benefits of         - Classroom discussion       11.1.9.B,
- emergency fund                    able to organize         organizing financial documents.                                11.1.12.B
- storage of personal financial     financial documents in                                     - Graded Worksheets
documents                           an appropriate manner    - List both advantages and        - Groupwork
- safe-deposit boxes                and in an appropriate    disadvantages of different        - Online Activities
- assets and liabilities            location.                locations to store important      - Review Worksheets
- net worth                                                  financial documents.              - Quizzes
- budgets
- inflows and outflows
- fixed vs variable expenses

Consumer Purchasing
- factors influencing buying
- cash or credit?
- steps to purchase products
- unit pricing
- rebate, warranty, service
contracts
- fraud
- what to do if you are unhappy
with a purchase
- mediation and arbitration
- small claims court




Monday, August 29, 2005                                                                                                                 Page 21 of 28
Instructional Unit       Money Management and Consumer Purchasing
Personal Finance
Unit Content                        Objective                 Performance Indicator               Performance Task         State Standards Code:

Money Management                    The students will be      - Find a person's net worth by      - Classroom discussion       11.1.12.B,
- emergency fund                    able to determine net     first determining their assets                                   13.3.8.D,
- storage of personal financial     worth given a person's    and liabilities.                    - Graded Worksheets          6.3.9.B,
documents                            assets and liabilities   - Distinguish between a fixed       - Groupwork                  2.2.11A,
- safe-deposit boxes                as well as develop an     expense and a variable              - Online Activities          13.3.11.D
- assets and liabilities            appropriate budget for    expense.                            - Review Worksheets
- net worth                         the given situation       - Determine typical expenses        - Quizzes
- budgets                                                     for a college student and
- inflows and outflows                                        classify them as either fixed
- fixed vs variable expenses                                  expenses or variable
                                                              expenses.
Consumer Purchasing                                           - Given an already existing
- factors influencing buying                                  budget, find the errors.
- cash or credit?                                             - Create a budget given a
- steps to purchase products                                  person's monthly income and
- unit pricing                                                expenses.
- rebate, warranty, service                                   - List three characteristics of a
contracts                                                     successful budget.
- fraud
- what to do if you are unhappy
with a purchase
- mediation and arbitration
- small claims court




Monday, August 29, 2005                                                                                                                 Page 22 of 28
Instructional Unit       Money Management and Consumer Purchasing
Personal Finance
Unit Content                        Objective                 Performance Indicator              Performance Task         State Standards Code:

Money Management                    The students will be      - List factors that influence      - Classroom discussion       11.1.9.D,
- emergency fund                    able to purchase an       people's buying decisions.                                      11.1.12.D,
- storage of personal financial     item of importance by     - Determine the advantages         - Graded Worksheets          6.3.9.B,
documents                           identifying their needs   and disadvantages of using         - Groupwork                  2.5.11.D
- safe-deposit boxes                and gathering important   both cash and credit.              - Online Activities
- assets and liabilities             information about the    - Discuss how to calculate unit    - Review Worksheets
- net worth                         product, researching      price and why this is an           - Quizzes
- budgets                           different brands of the   effective way to measure the
- inflows and outflows              product, weighing the     cost of different products.
- fixed vs variable expenses        alternatives, and         - Differentiate between a
                                    making the final          rebate and a coupon.
Consumer Purchasing                 decision.                 - Give two examples of
- factors influencing buying                                  products that have warranties
- cash or credit?                                             and explain those warranties.
- steps to purchase products                                  - Determine the features of a
- unit pricing                                                cellular phone that are
- rebate, warranty, service                                   important.
contracts                                                     - Research three different
- fraud                                                       cellular phone plans from three
- what to do if you are unhappy                               different companies online.
with a purchase                                               - Go to consumer web sites to
- mediation and arbitration                                   determine how the particular
- small claims court                                          companies were rated.
                                                              - Make a decision as to the best
                                                               cell phone plan for you.




Monday, August 29, 2005                                                                                                                Page 23 of 28
Instructional Unit       Money Management and Consumer Purchasing
Personal Finance
Unit Content                        Objective               Performance Indicator             Performance Task         State Standards Code:

Money Management                    The students will be    - Given a specific situation      - Classroom discussion       11.1.9.D,
- emergency fund                    able to determine the   where a consumer is                                            11.1.12.D
- storage of personal financial     appropriate form of     dissatisfied with a purchase,     - Graded Worksheets
documents                           action when a           determine the steps that should   - Groupwork
- safe-deposit boxes                consumer is unhappy      be followed.                     - Online Activities
- assets and liabilities            with a purchase or      - List the steps that should be   - Review Worksheets
- net worth                         when an act of fraud    followed if you are a victim of   - Quizzes
- budgets                           has been committed.     fraud.
- inflows and outflows                                      - Differentiate between
- fixed vs variable expenses                                mediation and arbitration.
                                                            - Discuss the purpose of small
Consumer Purchasing                                         claims court and how someone
- factors influencing buying                                 who is a victim of fraud could
- cash or credit?                                           use it to help them.
- steps to purchase products
- unit pricing
- rebate, warranty, service
contracts
- fraud
- what to do if you are unhappy
with a purchase
- mediation and arbitration
- small claims court




Monday, August 29, 2005                                                                                                             Page 24 of 28
Instructional Unit      Taxes
Personal Finance
Unit Content                       Objective                   Performance Indicator          Performance Task         State Standards Code:

 - sales tax                       The students will be        - Differentiate between        - Classroom discussion       6.2.12.G,
 - property tax                    able to debate the          regressive, progressive, and                                11.1.12.E,
 - income tax                      equality of the different   proportional taxes.            - Graded Worksheets          6.2.9.G, 6.2.9.J
 - ability to pay                   types of taxes using       - Give examples of the         - Groupwork
 - voluntary compliance            appropriate                 following types of taxes:      - Online Activities
 - tax avoidance and tax evasion   terminology.                regressive, progressive, and   - Review Worksheets
 - tax liability                                               proportional taxes.            - Quizzes
 - regressive, progressive, and                                - State examples of the
proportional taxes                                             government's use of the tax
 - taxable income                                              money.
 - tax preparation methods                                     - Discuss the difference
 - filing status                                               between tax evasion and tax
 - joint return                                                avoidance.
- dependents
 - exemptions
 - standard deduction
 - tax credits
 - Internal Revenue Service
 - tax audit
 - Form W-4
 - Form 1040 EZ
 - Form 1040A
 - Form 1099
 - Form PA-40
 - local tax forms




Monday, August 29, 2005                                                                                                              Page 25 of 28
Instructional Unit      Taxes
Personal Finance
Unit Content                       Objective                Performance Indicator             Performance Task         State Standards Code:

 - sales tax                       The students will be     - State the purpose of filing     - Classroom discussion       11.1.12.E,
 - property tax                    able to complete the     your income taxes.                                             2.2.11.A,
 - income tax                      federal 1040EZ, the      - List three different ways you   - Graded Worksheets          2.3.8.B
 - ability to pay                  state PA-40, and the     can choose to prepare your        - Groupwork
 - voluntary compliance            local Derry Township     taxes.                            - Online Activities
 - tax avoidance and tax evasion   income tax forms for a   - Complete a W-4 form for a       - Review Worksheets
 - tax liability                   given situation.         particular person, including      - Quizzes
 - regressive, progressive, and                             determining the number of
proportional taxes                                          allowances.
 - taxable income                                           - Give a specific situation,
 - tax preparation methods                                  determine the number of
 - filing status                                            exemptions.
 - joint return                                             - Differentiate between a tax
 - dependents                                               deduction and a tax credit.
 - exemptions                                               - Given a specific situation
 - standard deduction                                       (including multiple W-2 forms
 - tax credits                                              and 1099 forms) complete the
 - Internal Revenue Service                                 federal (1040EZ), state (PA-40)
 - tax audit                                                 and local (Derry Township)
 - Form W-4                                                 forms.
 - Form 1040 EZ                                             - Debate the differences
 - Form 1040A                                               between self-preparation and
 - Form 1099                                                professional preparation of IRS
 - Form PA-40                                               forms.
 - local tax forms




Monday, August 29, 2005                                                                                                             Page 26 of 28
Instructional Unit      The Federal Reserve
Personal Finance
Unit Content                          Objective               Performance Indicator                Performance Task         State Standards Code:

 - Characteristics of Money           The students will be    - Describe the functions of          - Classroom discussion       2.2.11.A,
 - Functions of Money                 able to explain the     money.                                                            2.3.8.B
 - History of the Federal Reserve     characteristics and     - List the six characteristics       - Graded Worksheets
 - Federal Reserve System             functions of money as   money should have.                   - Groupwork
 - Federal Reserve Notes              well as model how       - Evaluate various forms of          - Online Activities
 - Legal Tender                       banks create money.     money for the six                    - Review Worksheets
 - The Government's Bank                                      characteristics of money.            - Quizzes
 - Supervision of Financial                                   - Calculate the amount of
Institutions                                                  money a bank must hold in
 - Regulation of the nation's money                           reserve given a specific
supply                                                        situation.
 - Required Reserve                                           - Calculate the amount of
 - Multiplier Effect                                          excess reserves a bank has
 - Excess Reserves                                            available.
 - Creation of money                                          - Illustrate the multiplier effect
 - Open Market Operations                                     using an example.
 - Inflation
 - Monetary Policy
 - Fiscal Policy
 - Interest Rates
 - Federal Funds Rate
 - Discount Rate




Monday, August 29, 2005                                                                                                                     Page 27 of 28
Instructional Unit      The Federal Reserve
Personal Finance
Unit Content                          Objective                Performance Indicator               Performance Task         State Standards Code:

 - Characteristics of Money           The students will be     - Explain the structure of the      - Classroom discussion       6.2.9.C,
 - Functions of Money                 able to explain the      Federal Reserve System.                                          6.2.12.C,
 - History of the Federal Reserve     purpose of the Federal   - List the major functions of the   - Graded Worksheets          6.2.12.F,
 - Federal Reserve System             Reserve System and       Federal Reserve System.             - Groupwork                  6.5.12.H
 - Federal Reserve Notes              discuss the ways in      - Differentiate between fiscal      - Online Activities
 - Legal Tender                       which the Federal        policy and monetary policy.         - Review Worksheets
 - The Government's Bank              Reserve regulates the    - Explain the three tools of        - Quizzes
 - Supervision of Financial           money supply.            monetary policy and how they
Institutions                                                   affect our economy.
 - Regulation of the nation's money                            - Explain the purpose of
supply                                                         open-market operations and
 - Required Reserve                                            how they affect bank reserves
 - Multiplier Effect                                            and the nation's money supply.
 - Excess Reserves
 - Creation of money
 - Open Market Operations
 - Inflation
 - Monetary Policy
 - Fiscal Policy
 - Interest Rates
 - Federal Funds Rate
 - Discount Rate




Monday, August 29, 2005                                                                                                                     Page 28 of 28

								
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