Personal Finance L1

Personal Finance L1                                            

2018-2019

 

Career and Technical Education Mission Statement

Our mission in the Career and Technical Education Department (CATE) is to use varied instructional strategies to prepare students with the skills necessary for success in the 21st century.

 

 

Course Title:            Personal Finance L1

Length:                     Semester Course

Prerequisite:            None

Grade Level:            Grades 11 & 12

Instructor:                Mrs. Angelicola-Manzolli

Email:  angelicolab@region10ct.org

 

 

Course Description

 

Students in grades 11 & 12 who elect to spend a semester taking Personal Finance L1 will explore their roles as consumers, workers and citizens.  They will obtain knowledge and understanding about money management principles, budgeting and planning, banking, credit and bankruptcy, saving and investing, protecting assets and taxes.  Students will be reading and analyzing articles that directly relate to the topics we cover in class.  Students will research a topic, become the expert and choose how they will present their topics to the class.  Students in Level 1 are expected to demonstrate their ability to work independently and produce refined writing. 

 

Course Objectives & Specific Outcomes

 

Upon completion of this course, the student should be able to:

  • Understand their role as a consumer in the market place
  • Analyze consume protection on products and services
  • Use the personal decision making process as it relates to their consume role
  • Understand their role as it relates to work laws, credit records and laws
  • Explain the parts of a paycheck and compulsory and noncompulsory  deductions
  • Distinguish between health, dental, vision and life insurances
  • Budget and create personal financial documents
  • Evaluate financial institutions and services
  • Explore the need to save, invest and plan for their futures
  • Evaluate various credit options
  • Understand the process of renting, purchasing a residence and leasing/buying a vehicle
  • Analyze the need to protect their property and minimize risk

Materials

  • Students are expected to come to class prepared with a pencil, pen, three ring binder/notebook and folder
  • There will be a Personal Finance book used that will be signed out and returned at the end of the school year
  • Throughout the course you will receive handouts that must be kept for the semester

Resource Materials, Textbooks, and Websites

 

Managing your Personal Finances, Joan S. Ryan, South-Western Cengage Learning, 2010

Personal Financial Literacy Oklahoma Department of Education

Knowledge Matters Personal Finance Simulation Software

St Louis Federal Reserve Bank - https://www.stlouisfed.org/

Internal Training Services - http://www.finlitproject.com/

Your Personal Guide to Loans and Credit

Your checking Account

 

Semester Outline:

  1. Consumer Rights & Responsibilities
  2. Careers, Work Laws, Income, Benefits & Taxes
  3. Money Management
  4. Financial Security
  5. Credit Management
  6. Resource Management

 

Student Assessment

Pre Assessment, rubrics, authentic, and performance-based assessment will be utilized throughout the semester. Assessments will consist of class work, homework, quizzes, and projects.

Tests/Projects@ 50%

Quizzes@ 30%

Homework/Class work @ 10%

Critical Thinking @ 10%

 

Personal Finance – Getting Started

  • àDetermine GoalsWhat Do I Expect?

    Attention to and participation in classroom discussions/exercises

    Every effort to assist others (and myself) in-group and individual leadership roles

    To have fun learning and exploring the world of Personal Finance

  • àClassroom Guidelines

    Cell Phones will not be out or used during class unless directed by instructior

    Respect for others work, time, equipment and software

    ►Adherence to LSM Responsible Use Policy

    ►Timely arrival to class

    ►Questions and suggestions to instructor are welcomed

    ►Stay seated until the bell rings; last period class shut down computers

  • àConsequences for Unacceptable Behavior

    ►Any intentional malicious acts, which damage equipment, hardware or corrupt software, will result in removal from class and an administrative referral

    ►Persistent and excessive interruptions during class will influence grades and could result in teacher detention or removal from class

    ►Persistent and excessive late arrivals will adhere to LSM school policy

  • àMake-up Work & Out of Class Work

►Pass in the office make-up sheet at the beginning of class; make arrangements with me for after school work

 

Failure to comply with these guidelines will result in a teacher or office detention