Personal Finance



COURSE SYLLABUS
Semester 1
Semester 2
Week 21 (January 28-February 1)
Week 22 (February 4-February 8)
Week 23 (February 11-February 15)
Week 24 (February 18-February 22)
Week 25 (February 25-February 29)
Week 26 (March 3-March 7)
Week 27 (March 10-March 14)
Week 28 (March 17-March 21)
Week 29 (March 31-April 4)
Week 30 (April 7-April 11)
Week 31 (April 14-April 18)
Week 32 (April 21-April 25)
Week 33 (April 28-May 2)
Week 34 (May 5-May 9)
Week 35 (May 12-May 16)
Week 36 (May 19-May 23)
Week 37 (May 26-May 30)
Week 38 (June 1-June 6)
Week 39 (June 9-June 10)
Summer Vacation!

Week 21 Jan 28-Feb 1 Welcome to a new semester!

Monday---Snow day, no school
Tuesday---Snow day, no school
Wednesday---Snow day, no school
Thursday---Class discussion on potential topics (submit list to me).
Friday---Hand out Oregon Careers 2008 magazine and go through it with students

Week 22-Feb 4-Feb8

Monday---Introduce 5 year plan (you'll have today and tomorrow to work on it
*instead of printing it, save it as your name 5-year plan and mail it to me through your student e-mail to:
matt_schafer@rsd.k12.or.us Tuesday---5-year plan started yesterday (see below for specifics)

5 year plan (1-2 pages, double spaced, paragraph form)

*begin with where you are now (did you make good academic decisions in high school?)
*what do you want to do for a career? (please choose one listed in magazine)
*have you taken classes in high school to help you prepare? why not?
*is this career planned out over time, or a "flash in the pan?"
*how did you realize you wanted to persue this career?
*what aspect of this career appeals to you?
*what does the career guide occupational description say?
*what is the size of this career? *what type of training/college do you need to enter this profession?
*where will you get this training?
*what other institutions in oregon offer training?
*what is the entry wage? Median wage? Size of the occupation?
*how will you pay for it?
*why will this career make you happy? Is it important to be happy at work?
*what kind of personal/relationship goals do you have? How does this job fit with those goals?
*does this career pay well? Is money important to you?
*if someone asked you about your job, would you be proud to tell them about it? Why?
*talk about where you want to live (include housing and geographic area). Why?
*talk about your job in 5 years and beyond. How might it change?
Wednesday---Scholarship sort.
*first, we're going to search CIS for scholarships you might qualify for.
*rainier=username
*rhs=password
*click on "my career planning portfolio" at the top of the screen.
*click on "create my career planning portfolio" toward the middle of the screen.
*you need only fill out the areas with the red astrix.
*make your name and password identical to your school log-in information.
*say "yes" to someone else being able to view your infomation (that will be me).
*click on submit
*click on start
*start by clicking on "financial aid sort" in exploration tools at the left of the CIS screen.
*click on continue and on "march or later" from the drop down list.
*click on both scholarships and loans.
*continue through and answer the questions.
*you may choose up to 3 majors, based on your previous interest survey results.
*if you have questions, please ask. A custom list of scholarships will be generated for each of you.
*look through and choose one you'd like to apply for.
*make sure you qualify for it.
*make sure and save your results.
Thursday---Guest Speaker-Michael Trybom
Friday---Video-living on minimum wage

Week 23 (Feb 11-Feb 15)

Monday---Today, we're going to do 2 things:
1. Go to CIS and get signed into your "my career planning portfolio."
*Click on Skills Assessment in the Exploration Tools area.
*follow directions and match your skills to each area.
2. Open the CIS activity and complete it with respect to 2 different jobs.
*1 job should be from your 5-year plan and the other from the list generated from your skills assessment.
Tuesday---Intro to savings and investing (Melody Thompson presenting)
Wednesday---Today, you're going to find a job, a house or apartment, and a car
*You're going to use this information to set up a budget.
*Go to Bankrate.com to calculate your car payment.
Thursday---Savings and investing (Melody Thompson)
Friday---Finish and print budget/finish and print cis activity

Week 24 (Feb 19-22)

Monday---Presidents Day, no school
Tuesday---Intro to credit (Melody Thompson presenting)
Wednesday---Read article on credit and do questions
Thursday---Credit (Melody Thompson)

Paragraph I. Start out with the article title. Where did you find it? Do you trust its content? why? Explain what interested you about the topic enough to want to explore it further. Give a short synopsis of the author’s argument or viewpoint.

Paragraph II. This is the essential part of the paper where you offer a reaction to what the author has to say. Do you agree/disagree? Why? Does the author demonstrate any bias in the article? What did the author(s) do well? How could the article be improved upon? How do you feel about what was said?

Paragraph III. In this paragraph, I’m interested in whether or not you had prior knowledge of this topic or subject. If so, where did you come across your information? Does this article seem to agree with that prior knowledge? If no, in what way does it differ? If it does concur, does it offer any new insights?

Paragraph IV. This is your concluding paragraph. Overall, do you feel it was a worthwhile article to read? Why/why not? Do you feel better informed on the subject after reading the article? Do you think it was important that the article was written? Why/why not?

Friday---Applying for credit

Week 25 (Feb 25-29)

Monday---Make up day
Movie on Credit
Tuesday---credit movie
Wednesday---finish movie
Thursday---Review for test. Use credit calculator (as created by Kory Schuff)
Friday---Credit Test
*print and hand in

Week 26 (Mar 3-Mar 7)

Monday---Video-Personal Finance Topics (20 points)
Tuesday---Insurance presentation by Melody
Wednesday---Homework by Melody
Thursday---Insurance (Melody)
Friday---1-2 page (12-point, Times font) paper on what Melody has taught you males and females,
what you've learned, why it's important, and how it might be able to be improved upon
*1 page=25 points if done thoughtfully
*2nd page=10 points extra credit
*make sure you have the insurance pretest, postest, and eval form in with me for 25 points


Week 27 (Mar 10-Mar 14)

Monday---As I'm out sick today, I'd like you to put together a quick powerpoint about the career you chose to purse a couple of weeks ago...
*Use CISand arrange slides as follows using pictures and effects when possible
1. Title of your job with picture.
2. School you want to attend to get your training.
3. What the job pays in Oregon and in the Nation (beginning, median, high)
4. Helpful High School Courses
5. 3 demands
6. 3 related occupations
7. 3 working conditions
8. 3 skills and abilities
9. A famous person doing a related job.
10. Why they're famous.
(5 points per slide, 50 total)
Tuesday---Banking presentation by Melody
Wednesday---Oregon form 40S case studies (2)
Thursday---Banking (Melody)
*don't forget to turn in your pretest, posttest, and survey.
Friday---Present powerpoints to Schafer
*don't forget to check your updated grade in the corner.
*some of you haven't turned in your completed tax case studies.
Week 28 (Mar 17-Mar 20)

Monday---First, announcement of the $50 savings bond winner! Congratulations.....?
Present checking account simulation materials
Tuesday---Checking account simulations
Wednesday---Checking account simulations
Thursday---Checking account simulations
*Have a great Spring Break!
Friday---Conferences, no school

Week 29 (Mar 31-Apr 3)

Monday---Hand in checking account simulations (they go on this quarter's grades!)
*today, the substitute will read an article for you on the housing crisis
*make sure you ask questions and understand the article
*there are questions on the back of the article (give them good, deep thought)
Tuesday---Discuss Housing Article with class and work on questions (hand in)
Wednesday---Video-"Wallstreet"
Thursday---Catch-up/hand in assignments day
Friday---Grade day, no school

Week 30 (Apr 7-Apr 11)

Monday---Finish Video "Wallstreet"
Tuesday---Hand out NEFE workbooks (to keep)
Unit 1 and 2 Review
*with a partner, do "what do you think", p.2
*discuss as class
*with a partner, do exercise 2C on p.19
*discuss as class
*with a partner, do exercise 2-2 on page 20, simply listing as many fixed, variable, and periodic expenses as you can conjure up
Wednesday---worksheet (introduction to stock concepts)
*you may use this website to help
Thursday---finish worksheet from Wednesday and hand in.
friday---Discuss income investments, p.35
*Savings Accounts, U.S. Savings Bonds, CDs, Money Market Accounts, Corporate/Goverment Bonds
Discuss Growth Investments
*Stocks, Real Estate, Collectibles, Mutual Funds
Discuss Diversification
**steady Eddie is the wise one because he understands "dollar cost averaging!"
Unit 3 (investing wisely)
*Now, we're going to begin unit 3, "making money work for you"
*exercise 3A, p.28
*discuss advantages of saving early (p.29)
*discuss time value of money (p.30) *interest=P(principal) X R(rate) X T(time in years)
*do exercise 3B, the power of compounding *practice compounding interest with the following formula A = P (1 + i)to the N power
*do assignment 3-1
A is amount in account, P is the principal (original amount) i is interest (decimal)
*rule of 72, p.32
*do exercise 3C *discuss financial planning pyramid, p.33
*exercise 3D, risk vs reward

Week 31 (Apr 14-Apr 18)

Monday---Handout-Investing (from chapter 3 in your book)
Tuesday---Guest speaker-Lower Columbia College
Wednesday---2 things:
1. Warm up by playing a full game of football.
*click on standard
*click on full game
*choose a home and visitors team
*click on play
*choose kick or receive
*play game and record how many questions you get right and wrong
2. Do this worksheet dealing with investment terminology.
A web site to help
Thursday---Video-Martha Stewart
Friday---Video-Martha Stewart

Week 32 (Apr 21-Apr 25)

Monday---Choosing stocks (criteria we'll be using)
Click Here for a list of stocks by industry.
*remember, stocks chosen should be a member of the NASDAQ or NYSE!
*click on "summary" for statistics.
Stock research and competition
Tuesday---Prep for competition stocks
Wednesday---Time to buy our stocks in the competition.
*Make sure you buy the number of shares from your excel sheet from yesterday.
*good luck! Click here to register here for competition!!
Contest name: period5warriors
Password: columbians5
Thursday---Review for test!
Friday---Please open the test, save it, and close all other programs besides Excel for the test! No surfing for answers during test. Use your note card!
open test here

Week 33 (Apr 28-May 2)

Monday---Discussion/reading Dot Com Bubble
Tuesday---Dot Com Reading (questions and vocab)
Wednesday---Video-scams (20 points)

Thursday---Discuss ID theft, handout, and questions
Friday---Work on above questions (1-25).

Week 34 (May 5-May 9)

Monday---

Frauds and Swindles Presentations


*students may work in groups of 2 or as individuals
*if a student works independently, they only need to do one scam.
*groups of 2 need to do 2 scams.
*we'll draw for scams in order to be fair.
*presentations will include a paper, a PowerPoint presentation, and a short speech.

Item Points
Paper 50
PowerPoint 75
Speech 25 points
*PowerPoint presentations should consist of at least the following:
1. Intro slide with name of scam (pics)
2. Description slide (how the scam works) with pics
3. Why it works (pics)
4. Types of people they target.
5. Ways in which you can avoid falling into the scam.
6. Real world example of victim and criminal.
7. Scams this might be related to and why? 8. What to do if you find yourself tricked by the scam.
9. People who might be more likely to fall prey to the scam.
10. Conclusion

*please use the same information in slides 1-10 in your paper, just in paragraph form.
*it should be 1-2 pages, 12 point, reasonable font, double-spaced.
Pyramid (Ponzi) Schemes
Pump and Dump
Off Shore Investing
Phishing
Nigerian Fee
Contractor
Credit Repair Scams
Social Security Scams
Pharming
IRS Scams
Vanity Scams
Identity Cloning
Fake Data Collection Agencies
Applebees Gift Certificate Hoax
Christmas Scams
Cruise Ship Job Scams
Home Improvement Scams
Travel Card Scams
Psychic Scams
Prize Promotion Scams
Vacation Scams
Foreign Lottery Scams
Weight Loss Scams
Census Scam
Distance Learning Scam
On-Line Dating Scams
Mortgage Scams
Lottery Scams
Cremation Scams
Car Scams (Lemon Laws)
Funeral Scams
Rare Coin Scams
Puppy Scams
Cancer Scams
ATM Pin Reversal
Free Credit Report Scam
Home Business Scams
Car Dealer Scams
Cheap Tickets Scam
Credit Card Scams
Disaster Scams
 Tuesday---Powerpoint presentation prep
Wednesday---Powerpoint presentation prep
Thursday---Catch-up day (mid terms tomorrow)
Friday---We're going to take the financial challenge today.
Let me know when you've finished and what score you got.
*You'll need to get a password from me.
Work on your powerpoint or paper.
*The paper will be due on Tuesday.
*The powerpoint presentations will start on Wednesday.
Paper:
Paragraph 1-what the scam is, description of scam, why it works, and how you can recognize it.
Paragraph 2-types of people targeted (include real victims if possible), why that population is
targeted, ways you can avoid falling into the scam, and related scams.
Paragraph 3-what to do if you fall prey and who you might contact to fix the situation.
Paragraph 4-conclusion
Week 35 (May 12-May 16)

Monday---Work on powerpoint and paper (due Tuesday)
*draw for order to go on Wednesday.
*you may not pass when your "number is up".
*The Powerpoint is worth 75 points and the "presentation" is worth 25.
*let's get through these quickly so we can learn even more important consumer information!
Tuesday---Paper on scam due. Finalize PowerPoint presentation.
Wednesday---Presentations (keep track of them on this form)
Thursday---Presentations
Friday---Presentations
Week 36 (May 19-May 23)

Monday---Presentations
Tuesday---Presentations
Wednesday---Presentations
Thursday---Introduction to "supermarket Psychology"
*take a pretest and grade/discuss in class.
Friday---Group questions/discussion

Week 37 (May 26-May 30)

Monday---Memorial Day--No school
Tuesday---
Wednesday---
Thursday---
Friday---

Week 38 (June 2-June 5)

Monday---
Tuesday---
Wednesday---
Thursday---
Friday---

Week 39 (June 9-June 10)

Monday---Prep for interviews tomorrow.
*Make sure you have your 20 questions with answers done.
*Make sure you practice.
Tuesday---Interviews 1 and 2
Wednesday---Interviews 3 and 4
Thursday---Check out

Week 40