Download Personal Finance - Georgia Standards

 IDENTITY THEFT
PROTECTION KIT .............. 1
Unit 6
Georgia
Department
of Education
Personal
Finance
 GCEE WORKSHOPS .... 2
 PERSONAL FINANCE
EDUCATION CENTER ......... 3
Personal Finance
PERSONAL FINANCE INFORMATION AND RESOURCES FOR STUDENTS
AND TEACHERS FROM THAT CRAZY TEACHER LADY AMANDA J HATCHER
focus
Teaching Good Habits
Improves Financial Success
Being financially healthy begins with
making wise decisions. I often find this
is a difficult task for high school
students but I didn’t have a curriculum
for “making good choices.” I found this
book The 7 Habits of Highly Effective
TEENS by Sean Covey in my school’s
library. I am familiar with the
predecessor The 7 Habits of Highly
Successful People by Stephen Covey so
I decided to read through this book and
see how I could use it in my class.
Because the book is written at the
middle school level, I adapted the
activities to fit the standards in several
units and started incorporating one habit
per week into my lessons. The Habits
are:
1.
2.
3.
4.
5.
Be Proactive
Begin with the End in Mind
Put First Things First
Think Win Win
Seek First to Understand then
to be Understood
6. Synergize
7. Sharpen the Saw
After a few weeks I started to hear
students tell each other to “put first
things first” and “be proactive.”
Teaching students good habits for
decision making helped during the
Personal Finance unit when they played
budget games and created their 5 year
plans.
Identify Theft Protection Kit
Identity Theft is one of the most damaging and frightening crimes everyone should be aware
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Click the link below to download your copy.
http://www.equifax.com/idtheftprotectionkit/
Workshops
through GCEE
The Georgia Council for
Economic Education is a nonprofit organization that provides
materials and training to Georgia
teacher grades k-12 at little or no
cost.
Financial Fitness for Life
A one-day workshop for high
school teachers
Teachers learn to “coach”
their students in the new
personal finance curriculum
to help them become skilled
consumers, savers and
investors. High school
lessons appeal to teens'
growing sense of autonomy
as they begin to take
responsibility for their lives.
Materials, No Fee, Sub,
Lunch.
Learning, Earning and
Investing
A one-day workshop for high
school teachers
With this comprehensive
investment education
curriculum, teachers
introduce students to the insand-outs of long-term
investing. Students take a
critical look at investment
opportunities - mutual funds,
stocks, bonds, and more and uncover strategies for
building lasting wealth.
Materials, No Fee, Sub,
Lunch
Register for workshops at
http://www.gcee.org/workshops/
register_for_workshops.asp
MORE
MATERIALS
OFFERED
THROUGH GCEE
A one-day workshop for high
school teachers
VE4 is a wealth of resources
just for teachers, from 51 key
economics concepts with
practical teaching tips to
more than 1,400 reproducible
activity-based lessons
correlated to the new
economics and personal
finance standards.
Materials, No Fee, Sub
Council for Economic Education’s Annual Conference
The Council for Economic Education’s
Conference is a nationwide annual gathering of
state councils and centers, and educators
including K-12 teachers, college and university
professors and Federal Reserve partners. In
2011 more than 400 top economic educators
and industry thought-leaders attended, including
140 classroom teachers from 33 states.
The conference features a diverse selection of
presentations, workshops and events to enable
educators to raise the levels of economic and
financial literacy among K-12 students. It also
features the latest in curriculum development,
instructional materials, teaching strategies, new
programs and best practices; professional
development workshops and sessions for K-12
teachers; outstanding speakers on current
economic and financial topics; hands-on
technology education sessions; networking
opportunities; and teacher roundtables to
discuss shared issues, accomplishments,
challenges, and opportunities.
In 2012 CEE will introduce new products and
lesson plans at the conference, including the
revised Advanced Placement Economics
publications and the Middle School World
History teacher resource.
For more information visit
http://www.councilforeconed.org/events/cee-national-conference/
Personal Finance Education Center
While searching for personal finance tools that
I can use for myself and my students I came
across a website provided by BalanceTrack
that contains a wealth of information and
educational resources.
This website has individual educational
modules that contain information students can
read organized into 5 short chapters, activities
to complete and a quiz at the end. The
information is even available as a podcast or
downloadable as an mp3.
Have students complete the money
management and/or credit matters module as
an individual lesson or use this website as a
part of a technology based unit plan. Have
students’ complete specific modules in the lab
or differentiate by assigning a few GPS related
modules to all students and allowing them to
choose one or two additional modules that
interest them.
The following modules are available:
• Money Management
• World Credit Reports
• Credit Matters
• Checking Account Management
• The Road to Homeownership
• Using Home Equity
• Drive Away Happy
• Identity Theft
• 10 Steps to Financial Success
• The Psychology of Spending
• High Cost Financial Services
• The Basics of Investing
• Financial Planning
• Smart Tax Planning
• Rebuilding After a Financial Crisis
• Financial First Aid
• Teens and Money
• Finances for College Students
• Repaying Student Loans
It’s a good idea to visit the site in advance and have
copies of the worksheets available for the modules
you are requiring students to complete.
Post-EOCT Project:
Creating a Five Year Plan
A great post-EOCT project is to have students create 5 year plans. I
break down the process into steps and have them present using a
visual aid (PowerPoint, Prezi, or poster board)
Step 1:
Have students imagine what their life would ideally but realistically
look like at the end of 5 years. In a journal entry, have them describe
in detail what a day in that life would look like.
Step 2:
Set SMART goals based on the future described in step 1. SMART
stands for S-specific, M-measureable, A-attainable, R-realistic, Ttime oriented. Create these goals in the following categories:
1. Career - what kind of work will you be doing?
2. Education - What training and/or degrees will you have attained?
3. Financial - What is your gross annual income? (how does this
relate to your job?)
4. Family - Will you be married, single, dating? Will you have
children?
5. Leisure - How will you spend your free time? What vacations or
travel will you have completed?
You can include additional goal categories such as: Community
Service, Athletics, etc.
Step 3:
Outline the steps needed to reach each of the goals in step 2. For
instance, if your SMART goal for Education is to be accepted in a
PhD program at the end of 5 years, the smaller educational steps
would include
1. Score high on the SAT’s
2. Be accepted into the college of choice
3. Graduate from high school
4. Maintain a high college GPA
5. Score high on the GRE, etc.
Step 4:
Create a 5 year calendar and input the steps from step 3 into the
corresponding months on the calendar.
Step 5:
Organize a presentation that:
• Presents the big picture of your ideal life in 5 years
• Identifies your future goals
• Explains and shows careful thought as to the smaller steps
required to reach your goals
• Presents a realistic time oriented plan to reach your goals
Helpful Resouces
•
US Department of Labor
Occupational Outlook Handbook
http://www.bls.gov/ooh/
•
Exploring Career Information from
the Bureau of Labor Statistics
http://www.bls.gov/k12/
Additional
Resources
Common Core
Curriculum Standards
for History/Social
Studies Grades 11-12
http://www.corestandards.or
g/the-standards/englishlanguage-artsstandards/history-socialstudies/grades-11-12/
Created by Amanda Hatcher
Georgia Economics
Frameworks
Unit 6: “Let’s Make it
Personal”
https://www.georgiastan
dards.org/Frameworks/G
SO%20Frameworks/Eco
nomics%20Unit%206.pdf
National Council for
Social Studies
http://www.socialstudies
.org/
National Standards
http://www.socialstudies
.org/system/files/images/
RevisedNCSSStandards
_Golston.pdf