"The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively." -- Bob MarleyCareer & Financial ManagementWhy Teaching Financial Education is Important:
Financial education plays an important role in guiding individuals to achieve their financial goals and contribute to the economic well-being of society as a whole.
- Without a certain level of financial knowledge, consumers can have difficulty making wise decisions in today's complicated financial marketplace.
- This lack of financial knowledge underscores the need for educating people in basic financial issues so they are able to make wise consumer decisions and become financially successful in society.
- Financial education is an important life skill for people at all socio-economic levels.
The purpose of this course is to:
- Educate high school students about sound money management skills and the financial planning process.
- Help teens begin to develop positive behaviors that are necessary to attaining financial maturity and achieving a secure future.
In the future, individuals who understand financial planning concepts and investment principles will have a significant advantage over those who do not.Units of Study:
Teacher created rubrics and on-line assessments. If absent, students are required to make up work upon their return. It is the student’s responsibility to find out what was missed and make-up work within a reasonable amount of time. Summative assessment is a final exam.
Students are expected to make up missed assignments in a timely manner.
Fall 2019- Spring 2020 by appointment during lunch in C-106.
If you are absent please check schoology for assignments.
As a parent, you have a critical role to play. Your teen is likely to ask you questions about some of these topics we’ll be covering. Together we can help your teen with this as they start on their path toward a sound financial future.
Personal Finance Standards*The growing emphasis on financial literacy has highlighted the need for students to learn how to navigate the financial decisions they must make and how to make informed decisions related to managing finances and budgeting, saving and investing, living independently, earning and reporting income, buying goods and services, using credit, banking, and protecting against risk.The standards reflect this emphasis.Knowing, understanding, and applying these concepts offers the necessary analytical tools for addressing economic issues, both personal and societal. Understanding economic principles and developing sound financial literacy skills provide the basis for responsible citizenship, financial solvency, and career success.I. Personal Decision MakingAchievement Standard: Use a rational decision-making process as it applies to the roles of citizens, workers, and consumers.II. Earning and Reporting IncomeAchievement Standard: Identify various forms of income and analyze factors that affect income as a part of the career decision-making process.III. Managing Finances and BudgetingAchievement Standard: Develop and evaluate a spending/savings plan.IV. Saving and InvestingAchievement Standard: Evaluate savings and investment options to meet short- and long-term goals.V. Buying Goods and ServicesAchievement Standard: Apply a decision-making model to maximize consumer satisfaction when buying goods and services.VI. Banking and Financial InstitutionsAchievement Standard: Evaluate services provided by financial deposit institutions to transfer funds.VII. Using CreditAchievement Standard: Analyze factors that affect the choice of credit, the cost of credit, and the legal aspects of using credit.VIII. Protecting Against RiskAchievement Standard: Analyze choices available to consumers for protection against risk and financial loss.*From the National Standards for Business Education © 2007 by the National Business Education Association