| Build mathematical foundations for financial literacy. | | | | | | |
| Extend previous knowledge of operations of fractions, percentages and decimals to solve real-world problems involving money and business. | Budget Game
Percents, Fractions and Ratios
The Importance of Interest Rates
Inflation
Using Spreadsheets – Calculating Daily Returns
Using Spreadsheets – Graphing | | | | | |
| Extend previous knowledge of ratios and proportional relationships to solve real-world problems involving money and business. | Budget Game
Percents, Fractions and Ratios
Using Spreadsheets – Comparing Car Loans
Researching Spending | | | | | |
| Solve real-world problems involving weighted averages using spreadsheets and other technology. | Using Spreadsheets – Calculating Profit and Loss from Trades | | | | | |
| Develop an understanding of basic accounting and economic principles. |
Activity |
Long-Term Game |
Comprehensive Chapter |
Short Lesson |
Interactive Calculator |
Graded Assessment |
| Given assets and liabilities, calculate net worth using spreadsheets and other technology. | Budget Game
Net Worth Calculator
What is Wealth?
GAAP – Asset Accounting
GAAP – Liability Accounting
What is a Balance Sheet?
Using Spreadsheets – Graphing | | | | | |
| Solve real-world problems involving profits, costs and revenues using spreadsheets and other technology. | Cash Flow
GAAP – Accounting Revenue and Expenses
Using Spreadsheets – Calculating Profit and Loss from Trades
Using Spreadsheets – Graphing | | | | | |
| Explain how consumer price index (CPI), gross domestic product (GDP), stock indices, unemployment rate and trade deficit are calculated. Interpret their value in terms of the context. | Major Economic Indicators (GDP, CPI, Jobs)
Gross Domestic Product
What is Economic Growth?
Inflation | | | | | |
| Given current exchange rates, convert between currencies. Solve real-world problems involving exchange rates. | Stock Game – Forex Trading
International Trade | | | | | |
| Develop budgets that fit within various incomes using spreadsheets and other technology. | Budget Game
Using Spreadsheets – Importing and Formatting Data
GAAP – Accounting Revenue and Expenses
Payroll Best Practices
Income and Compensation
Pay Yourself First
All About Budgeting
Spending and Savings Plans | | | | | |
| Given a real-world scenario, complete and calculate federal income tax using spreadsheets and other technology. | Budget Game
Income Taxes and Form 1040 | | | | | |
| Describe the advantages and disadvantages of short-term and long-term purchases. | Activity |
Long-Term Game |
Comprehensive Chapter |
Short Lesson |
Interactive Calculator |
Graded Assessment |
| Compare simple, compound and continuously compounded interest over time. | Compound Interest Calculator
Investment Return Calculator | | | | | |
| Solve real-world problems involving simple, compound and continuously compounded interest. | Stock Game
The Importance of Interest Rates
Trading Bonds
Using Credit
Credit Card Interest Calculator
Using Spreadsheets – Comparing Car Loans | | | | | |
| Solve real-world problems involving present value and future value of money | Net Present Value Calculator | | | | | |
| Explain the relationship between simple interest and linear growth. Explain the relationship between compound interest and exponential growth and the relationship between continuously compounded interest and exponential growth. | Importance of Interest Rates
Compound Interest Calculator
Investment Return Calculator | | | | | |
| Compare the advantages and disadvantages of using cash versus personal financing options. | Budget Game
What is Economics?
Compound Interest Calculator
Credit Card Payments Calculator
Time Value of Money
What is Opportunity Cost | | | | | |
| Calculate the finance charges and total amount due on a bill using various forms of credit using estimation, spreadsheets and other technology. | Budget Game
Credit Cards
Using Credit
Credit Card Payment Calculator | | | | | |
| Compare the advantages and disadvantages of different types of student loans by manipulating a variety of variables and calculating the total cost using spreadsheets and other technology. | Student Loans | | | | | |
| Calculate using spreadsheets and other technology the total cost of purchasing consumer durables over time given different monthly payments, down payments, financing options and fees. | Using Spreadsheets – Comparing Car Loans
Car Loans Calculator | | | | | |
| Compare the advantages and disadvantages of different types of mortgage loans by manipulating a variety of variables and calculating fees and total cost using spreadsheets and other technology. | Mortgages | | | | | |
| Analyze credit scores qualitatively. Explain how short-term and long-term purchases, including deferred payments, may increase or decrease credit scores. Explain how credit scores influence buying power. | Budget Game
Credit Reports
Using Credit | | | | | |
| Given a real-world scenario, establish a plan to pay off debt. | Budget Game
Credit Card Payment Calculator | | | | | |
| Given fixed costs, per item costs and selling price, determine the break-even point for sales volume. | Cash Planning
Operating Ratios
Managerial Accounting | | | | | |
| Describe the advantages and disadvantages of financial and investment plans, including insurances. |
Activity |
Long-Term Game |
Comprehensive Chapter |
Short Lesson |
Interactive Calculator |
Graded Assessment |
| Calculate and compare various options, deductibles and fees for various types of insurance policies using spreadsheets and other technology. | Health Insurance
Car Insurance
Life Insurance | | | | | |
| Compare the advantages and disadvantages for adding on a one-time warranty to a purchase using spreadsheets and other technology. | Budget Game
Financial Records and Receipts | | | | | |
| Compare the advantages and disadvantages of various retirement savings plans using spreadsheets and other technology. | Planning for Retirement | | | | | |
| Collect, organize and interpret data to determine an effective retirement savings plan to meet personal financial goals using spreadsheets and other technology. | Planning for Retirement
Life Insurance
Spending and Savings Plans
All About Budgeting
Investing 101 Course. Chapter 01. Introduction to Investing | | | | | |
| Simulate the purchase of a stock portfolio with a set amount of money, and evaluate its worth over time considering gains, losses and selling, taking into account any associated fees. | Stock Game
What is a Stock?
What is an ETF?
What is a Mutual Fund?
What are Bonds
Investment Research
How to Choose and Compare Stocks
Understanding Price Movements
Investing Strategies
Use the Investment Return Calculator
Investing 101 – Chapters 2-10 | | | | | |
