10/31/19 - Day 52 - Banking SImulation

Bellwork:

What kind of online services do banks offer?

Objectives:

• Simulate online banking through simulation. 
• Make decisions based on online banking transaction history.

Agenda:

1. NGPF: Online Banking Simulation
• Submit in Schoology

10/30/19 - Day 51 - Choosing a Bank

Bellwork:


Open your Picking a Financial Institution doc from yesterday. 

Objectives:

• Compare and contrast financial institutions and services

Today's Agenda:

1. Finish Picking a Financial Institution
• Submit in Schoology
2. Discussion Board - Choosing a financial institution (Schoology)

10/29/19 - Day 50 - Picking a Financial Institution

Bellwork:

Make sure you understand the classifications from yesterday's Commercial Bank vs. Credit Union Venn Diagram

Objectives:

• Compare and contrast financial institutions and services

Today's Agenda:

1. Picking a Financial Institution: Complete Part 1

10/28/19 - Day 49 - Picking a Financial Institution

Bellwork:

On a half sheet, describe the difference between Simple and Compound Interest. 

Objectives:

• Compare and contrast financial institutions and services

Today's Agenda:

1. Review Simple vs Compound Interest
2. Credit Unions vs Commercial Banks
• Do some research on Credit Unions vs Commercial Banks. With a partner, complete this drag and drop Venn Diagram
3. Picking a Financial Institution

10/25/19 - Day 48 - Interest

Bellwork:

• Complete the Banking Services- Test Your Knowledge (paper) from yesterday if you didn't already.

Objectives:

• Explain how interest works
• Identify the importance of saving early

Agenda:

1. What is interest?
• Read How Teens Become Millionaires
• Consider the following questions (be prepared to share with the class)
• Do you believe you are ready to make smart financial decisions for yourself?
• How did Ben end up with more money than Arthur?
• Have you started putting money into savings?
• Exploring Interest
• How Will My Savings Grow?

10/24/19 - Day 47 - Banking Options

Bellwork:

Are you done with your chart from yesterday?  What questions do you have?

Objectives:

• Complete online banking transactions
• Analyze the appropriate use for different banking services
• Differentiate between a bank and a credit union

Agenda:

1. Bank Accounts
• Banking Services Scenarios
• You may want to keep your chart open (from Friday)
• Test Your Knowledge (complete on paper)

10/23/19 - Day 46 - Life or Debt

Bellwork:


I am not here today, please follow the agenda below.

Objectives:

• Evaluate financial decisions of others
• Learn financial management techniques

Agenda:

1. Life of Debt

10/18/19 - Day 45 - Banking Services

Bellwork:

• What are some different things for which you/your family currently uses a bank?

Objectives:

• Investigate different accounts/services offered by banks

Agenda:

1. Banking Services

10/17/19 - Day 44 - Banking Intro

Bellwork:

Think about this question- why is it better to keep your money in a bank than anywhere else (i.e. in a shoebox under your bed, etc.)?  

Objectives:

• Explain why it is better to put money in a bank than keeping at home
• Describe the role of the FDIC

Agenda:

1. As we watch the below videos, be prepared to answer the corresponding questions!
• The Bank Run
• How do banks work?
• Your Bank Has Failed- The Role of the FDIC
• How does this relate to the question in bellwork?  Why use banks?
• What is the role of the FDIC?
• How does this relate to your role as a consumer?  What should you do with this information?

10/15/19 - Day 43 - Life or Debt

Bellwork:


Check your Home Access center. Grades are due THURSDAY for report cards and Parent/Teacher Conferences.

Objectives:

• Evaluate financial decisions of others
• Learn financial management techniques

Agenda:

1. Life of Debt

10/11/19 - Day 42 - Tax Quiz

Bellwork:

• Open your taxes review guide!

Objectives:

• Review tax information

Agenda:

1. Taxes Quiz
• Last item in Tax folder in Schoology- OPEN NOTE WITH THE REVIEW GUIDE

10/10/19 - Day 41 - Tax Simulation

Bellwork:

• Review your taxes charts- DO YOU KNOW THE PURPOSE OF EACH FORM?

Objectives:

• Explain the purpose of each tax form

Agenda:

1. Taxes Simulation
• Resources
• How to Fill Out Your 1040
2. Each group needs to turn in 1 complete packet with appropriate documents. 

10/9/19 - Day 40 - Tax Review

Bellwork:

Please open your review guide from yesterday.

Objectives:

• Explain the purpose of each tax form
• Explain to the process of filing taxes.
• Determine what taxes are used for.

Agenda:

1. Taxes Review Guide
2. Tax Simulation Tomorrow
3. TAX QUIZ FRIDAY

10/8/19 - Day 39 - Tax Review

Bellwork:

I am sorry, I am not here today. My daughter is sick. Please see the agenda below.

Objectives:

• Explain the purpose of each tax form
• Explain to the process of filing taxes.
• Determine what taxes are used for.

Agenda:

1. Taxes Review Guide
• Please email me with questions, I am available!
2. Tax Simulation Thursday
3. TAX QUIZ FRIDAY

10/7/19 - Day 38 - Form 1040

Bellwork:

Make a copy of this practice form

Objectives:

• Identify the purpose of filling out a 1040 form
• Explain the items that affect a person's tax refund

Agenda:

1. Working with 1040s
• Practice
• Assignment
2. Tax Quiz - FRIDAY

10/4/19 - Day 37 - Form W-4

Bellwork:

Recall: What is the purpose of the W-4?

Objectives:

• Identify the purpose of the Form W-4
• Explain the items that affect a person's tax refund

Agenda:

1. Slides: W-4/Withholding (slides 8-16)
2. Filling out a W-4
• Let's Practice (we'll do this together)
• Comparing W-4s (paper copy)

10/3/19 - Day 36 - Tax Forms

Bellwork:

Take out:

1. Tax Forms: The Basics
2. Tax Form Scenarios

Class Objectives:

• Locate appropriate resources for a specific purpose
• Direct learning in an effective way

Today's Agenda:

1. Review of Tax Forms
2. Tax Form Scenarios
3. Knowledge Check

10/2/19 - Day 35 - Tax Forms

Bellwork:

• Review the graphic organizer you filled out yesterday (Tax Forms: The Basics)
• If you were not here, you need to grab a worksheet from my desk, should have your name on it. 

Objectives:

• Explain the purpose of different tax forms

Agenda:

1. Tax Forms: The Basics
• Class Discussion
2. Tax Forms: A Deeper Dive

10/1/19 - Day 34 - Tax Forms

Bellwork:

Make sure you get a tax form worksheet. 

Objectives:

• Explain the purpose of different tax forms

Agenda:

1. Tax Forms: The Basics (paper copy in class) - Independent Work
• Resources
• A Guide to Commonly Used IRS Tax Forms
• Bankrate's Guide to IRS Tax Forms
• Wikipedia- IRS Tax Forms