| Career Preparedness |
| | | | | |
| Develop a plan for managing earning, spending, saving, and giving using spreadsheets, online
resources, or commercial software. | Lesson – Budgeting and Spending Strategies
Lesson – Charitable Giving
Lesson – Preparing For Retirement
Lesson – Using Spreadsheets – Comparing Car Financing Options | | | | | |
| Evaluate the effect of personal preferences, advertising, marketing, peer pressure on consumer choices and decision making. | Lesson – Analyzing Consumer Behavior
Lesson – Ethics In Marketing
Lesson – Researching Spending | | | | | |
| Distinguish differences between the purpose of saving and the objectives associated with investing. | Lesson – Pay Yourself First
Lesson – What is Wealth?
Lesson – Preparing for Retirement | | | | | |
| Analyze various types of financial institutions. | Lesson – Banks, Credit Unions, and Savings and Loans | | | | | |
| Determine advantages and disadvantages of using credit. |
Budget Game – Core Component
Lesson – Debit Cards
Lesson – Using Credit
Lesson – Credit Cards
Lesson – Good Debt, Bad Debt | | | | | |
| Examine why credit ratings and credit reports are important to consumers. | Lesson – Credit Reports | | | | | |
| Determine the type of insurance associated with different types of risks |
Lesson – Renter’s Insurance
Lesson – Home Owner’s Insurance
Lesson – Car Insurance
Lesson – Life Insurance
Lesson – Health Insurance | | | | | |
| Develop a plan for financial security in the event of disaster, including secure storage of financial records and personal documents, available cash reserve, household inventory list, and medical records retention. |
Budget Game – Core Component
Lesson – What are Financial Records?
Lesson – Preparing for spending shocks | | | | | |
| Civics (7) |
Activity |
Long-Term Game |
Comprehensive Chapter |
Short Lesson |
Interactive Calculator |
Graded Assessment |
| Apply principles of money management to the preparation of a personal budget that addresses housing, transportation, food, clothing, medical expenses, insurance, checking and savings accounts, loans, investments, credit, and comparison
shopping. |
Budget Game – Core Component
Lesson – Spending and Savings Plans
Lesson – Budgeting and Spending Strategies
Lesson – Pay Yourself First | | | | | |
| Consumer Decisions
and Behavior |
Activity |
Long-Term Game |
Comprehensive Chapter |
Short Lesson |
Interactive Calculator |
Graded Assessment |
| Compare factors that impact consumer purchasing decisions throughout the lifespan. |
Lesson – Family Planning
Lesson – Planning Long Term Purchases
Lesson – Preparing for Retirement
Lesson – Researching Spending | | | | | |
| Describe state and federal consumer protection laws for individuals and families | Lesson – Consumer rights and responsibilities | | | | | |
| Determine procedures for resolving consumer problems and complaints. | Lesson – Financial Records and Receipts
Lesson – Consumer rights and responsibilities | | | | | |
| Money Management |
Activity |
Long-Term Game |
Comprehensive Chapter |
Short Lesson |
Interactive Calculator |
Graded Assessment |
| Determine factors that affect money management, including career choice, education, skills, and economic conditions; Identifying opportunity costs of financial decisions |
Lesson – Career Development
Lesson – What is Opportunity Cost?
Lesson – Pay Yourself First
Lesson – Building Wealth | | | | | |
| Explain how taxes, government transfer payments, and employee benefits relate to disposable income. Comparing net and gross income |
Lesson – Common Tax Deductions
Lesson – Common Tax Additions
Lesson – Employer and Employee Rights and Responsibilities
Lesson – Income and Compensation
Lesson – Government impact on the economy
Lesson – Monetary Policy | | | | | |
| Determine practices that allow individuals and families to maintain financial security. |
Budget Game – Core Component
Lesson – Budgeting
Lesson – Budgeting and Spending Strategies
Lesson – Spending and Savings Plans
Lesson – Pay Yourself First
Lesson – Family Planning | | | | | |
| Compare money-management tools and services available from financial institutions. |
Lesson – Banks, Credit Unions, and Savings and Loans
Lesson – Debit Cards
Lesson – Credit Cards | | | | | |
| Demonstrate procedures for completing and filing income tax forms, including utilizing software for income tax preparation. Explaining terms used in personal tax forms |
Lesson – Tax Filing and the Form 1040
Lesson – Taxation Overview
Lesson – Common Tax Deductions
Lesson – Common Tax Additions | | | | | |
| Explain factors that affect creditworthiness. |
Lesson – Using Credit
Lesson – Credit Cards
Lesson – Credit Reports | | | | | |
| Compare benefits of saving and investing for individuals or families, including factors that affect the rate of return on investments, sources of investment information, characteristics of savings |
Stock Game – Core Concept
Lesson – Pay Yourself First
Lesson – What is Wealth?
Lesson – Preparing for Retirement
Lesson – Planning Long Term Purchases
Activity – Use the Net Worth Calculator | | | | | |
| Distinguish between retirement and estate planning options available to individuals and families. |
Lesson – Preparing for spending shocks
Lesson – Planning Long Term Purchases
Lesson – Preparing for Retirement
Lesson – Life Insurance
Lesson – Mortgages | | | | | |
| Compare types, lengths, and costs of care, life, health, disability, homeowner, and renter insurance, including disability, waiting period, and disability benefits. |
Lesson – Car Insurance
Lesson – Life Insurance
Lesson – Health Insurance
Lesson – Renter’s Insurance
Lesson – Home Owner’s Insurance
Lesson – Rental Agreements and Homeowner’s Associations | | | | | |
| Consumer Spending |
Activity |
Long-Term Game |
Comprehensive Chapter |
Short Lesson |
Interactive Calculator |
Graded Assessment |
| Critique the impact of advertising and sales propaganda on individual and family spending decisions. |
Lesson – Researching Spending
Lesson – Consumer rights and responsibilities
Lesson – Pay Yourself First
Lesson – Spending and Savings Plans | | | | | |
| Analyze shopping skills in relation to individual and family resource management across the life span |
Lesson – Family Planning
Lesson – Pay Yourself First
Lesson – Spending and Savings Plans | | | | | |
| Determine strategies for acquiring the most economical product or service. |
Budget Game – Core Concept
Lesson – Researching Spending | | | | | |
| Determine factors that affect the cost of goods and services, including tax, tips, coupons, discounts, and price. |
Budget Game – Core Concept
Lesson – Managing Bills
Lesson – Sales Tax | | | | | |
| Prioritize steps involved in making consumer purchases, including transportation and housing. |
Budget Game – Core Concept
Lesson – Researching Spending
Lesson – Pay Yourself First | | | | | |
| Technology and Careers |
Activity |
Long-Term Game |
Comprehensive Chapter |
Short Lesson |
Interactive Calculator |
Graded Assessment |
| Explain career options and entrepreneurial opportunities related to the management of personal financial resources. |
Lesson – Starting a Business
Lesson – What are Financial Records?
Lesson – What is an Income Statement?
Lesson – What Is A Cash Flow Statement | | | | | |
