Monday, February 29, 2016

Day 33 - Quiz

  • Watch Video 2.3
  • Study
  • Take Quiz
  • Work on Budget Challenge, following these instructions pick up where you left off.
    • Take Surveys/Quizzes, 
    • Update Budget Challenge Spreadsheet & 
    • Schedule Payment of Bills
  • EverFi
    • Consumer Protection (Should be Complete already)
    • Investing (Should be Complete already)
    • Savings
    • Banking

Friday, February 26, 2016

Day 32 - Ch 2 Video 2.2 - Sinking Funds

  • Watch Chapter 2 video 2.2 - Sinking Funds
  • Answer these questions:
    • What is a sinking fund, how does it work?
    • Explain how money = power when it comes to shopping.
    • What are the keys to wealth building?
    • What book did David Bach write that you need to read?
  • Quiz in 1 Day

Thursday, February 25, 2016

Day 31 - Video 2.1 Emergency Fund

  • Watch Chapter 2 video 2.1 - Emergency Funds
  • Answer these questions:
    • What is the difference between Saving and Hoarding?
    • How do you learn how to save?
    • What does it take to become an effective saver?
    • What percentage of families will face a major, unexpected financial event within a 10-year period?
    • How does the phrase, "Death by 1000 Cuts" relate to saving?
    • What is Murphy's Law?
  • Quiz in 2 Days

Wednesday, February 24, 2016

Day 30 - Savings Video 1.1

Tuesday, February 23, 2016

Day 29 - Self Reflection Survey

  • Check Grades
  • Take Self Assessment Survey
  • Work on Budget Challenge, following these instructions pick up where you left off.
    • Take Surveys/Quizzes, 
    • Update Budget Challenge Spreadsheet & 
    • Schedule Payment of Bills
  • EverFi
    • Consumer Protection (Should be Complete already)
    • Investing (Should be Complete already)
    • Savings
    • Banking

Monday, February 22, 2016

Sub Plans

EverFi
  • You should be complete with Module 8: Consumer Awareness
  • Continue with Module 9: Investing, then Modules 1 through 7

Budget Challenge

Friday, February 19, 2016

Day 28: Unit 1 TEST

  • Take Unit 1 Test B
  • Work on Budget Challenge, following these instructions pick up where you left off.
    • Take Surveys/Quizzes, 
    • Update Budget Challenge Spreadsheet & 
    • Schedule Payment of Bills
  • EverFi
    • Consumer Protection (Should be Complete already)
    • Investing (Should be Complete by today)
    • Savings
    • Banking

Thursday, February 18, 2016

Day 27: Review Quiz #3 and #4

    • What is compounding?
    • What is a 401(k)?
    • How much can you put into a 401(k) each year?
    • What are the main benefits of a 401(k)?
    • What is an IRA?
    • What is the maximum you can put in an IRA each year?
    • How is a Roth account different from a conventional retirement account?
    • Explain how the rule of 72 works:
    • What is ODP (Overdraft Protection)?
    • What is NSF (non-sufficient funds)?
    • What does a budget help you do?
    • What is Cash Flow?
    • List and describe different types of bank accounts:
    • What does liquid mean in banking?
    • List different ways to pay for items using a checking account: (checks, debit cards, automatic payments like ACH or EFT)

Wednesday, February 17, 2016

Day 26: Review Quizzes 2 through 3

  • What does caveat emptor mean?
  • We want to live like no one else so later we can _______.
  • What types of techniques do stores use to get us to buy?
  • Who knows your buying behavior better than you do?
  • How do you know if you can afford to finance something. 
  • What percentage of people use financing when buying a new car?
  • How many people typically qualify for 0% financing?
  • How easy is it to predict the future?
  • Why do people spend more than they have?
  • Reflect on the power of repetition in advertising
  • What is a cool hunter?
  • List and describe several components of Product Positioning.
  • What is a strong password?
  • Why do you need a strong password?
  • How often should you change your password?
  • Who needs your social security #?
  • Who does not need your SSN?
  • What should you do if your bank calls you and asked for the last 4 of your SSN?
  • What should you do with old bank statements?
  • Which government agency monitors business practices and protects consumers from false advertising?
  • What is a loss leader?

Tuesday, February 16, 2016

Day 25 - Review Quiz #1

  • What does it take to become a millionaire?
  • Why do most students drop out of college?
  • What percentage of families live paycheck-to-paycheck?
  • What are the steps to creating a good financial plan?
  • What is the difference between buying and borrowing?
  • What is the difference between a "need" and a "want"?
  • What does delayed gratification mean?
  • Describe the financial situation of most normal people:
  • Who is responsible for your financial situation?
  • Which class is the most important class you will ever take?
  • Under what situation should you use a credit card?
  • What is wealth?

Friday, February 12, 2016

Review / Catch-up Day

Unit 1 Review Packet
In Google Slides presentation:
  • continue with turning questions into titles
    • questions are re-posted below
  • chunk and summarize your "answers" as bullet point statements

EverFi
  • You should be complete with Module 8: Consumer Awareness
  • Continue with Module 9: Investing, then Modules 1 through 7


Budget Challenge


Review Questions:

  • What % of families live pay check to pay check
  • What % of financial success is based on knowledge
  • Why do you need to understand the language of money
  • What is the difference between buying and borrowing?
  • Compare and contrast needs vs. wants.
  • Define and explain delayed gratification
  • Under what situation should you use a credit card?
  • What does it take to become a millionaire?
  • List different ways identity theft can happen and how to prevent it.
  • What is a strong password?
  • Why do you need a strong password?
  • How often should you change your password?
  • Who needs your social security #?
  • Who does not need your SSN?
  • What should you do if your bank calls you and asked for the last 4 of your SSN?
  • What should you do with old bank statements?
  • Which government agency monitors business practices and protects consumers from false advertising?
  • What does caveat emptor mean?
  • What is a loss leader?
  • Give examples of product positioning
  • What is personal selling?
  • Who knows your buying behavior better than you do?
  • How and why is repetition used in marketing?
  • Explain how businesses use attractive financing to get you to buy.
  • When should you use financing?
  • What is a 401(k)?
  • How much can you put in a 401(k) each year?
  • What are the main benefits of a 401(k)
  • What is a Roth IRA?
  • How much can you put in a Roth IRA each year?
  • What is compound interest?
  • Explain the rule of 72.

Friday, February 5, 2016

Day 23 - Quiz #4


  • Study
    • What is ODP (Overdraft Protection)?
    • What is NSF (non-sufficient funds)?
    • What does a budget help you do?
    • What is Cash Flow?
    • List and describe different types of bank accounts:
    • What does liquid mean in banking?
    • List different ways to pay for items using a checking account: (checks, debit cards, automatic payments like ACH or EFT)
  • Take Test
  • Work on Budget Challenge, Days 1 - 11 in these instructions.
    • Take Survey, 
    • Update Budget Challenge Spreadsheet & 
    • Schedule Payment of Bills
  • EverFi
    • Consumer Protection (Should be Complete already)
    • Investing (Should be Complete already)
    • Savings
    • Banking

Monday, February 1, 2016

Review and Catch-up Day

Unit 1 Review Packet
In Google Slides presentation:
  • continue with turning questions into titles
    • questions are re-posted below
  • chunk and summarize your "answers" as bullet point statements

EverFi
  • You should be complete with Module 8: Consumer Awareness
  • Continue with Module 9: Investing, then Modules 1 through 7

Budget Challenge

Review Questions:

  • What % of families live pay check to pay check
  • What % of financial success is based on knowledge
  • Why do you need to understand the language of money
  • What is the difference between buying and borrowing?
  • Compare and contrast needs vs. wants.
  • Define and explain delayed gratification
  • Under what situation should you use a credit card?
  • What does it take to become a millionaire?
  • List different ways identity theft can happen and how to prevent it.
  • What is a strong password?
  • Why do you need a strong password?
  • How often should you change your password?
  • Who needs your social security #?
  • Who does not need your SSN?
  • What should you do if your bank calls you and asked for the last 4 of your SSN?
  • What should you do with old bank statements?
  • Which government agency monitors business practices and protects consumers from false advertising?
  • What does caveat emptor mean?
  • What is a loss leader?
  • Give examples of product positioning
  • What is personal selling?
  • Who knows your buying behavior better than you do?
  • How and why is repetition used in marketing?
  • Explain how businesses use attractive financing to get you to buy.
  • When should you use financing?
  • What is a 401(k)?
  • How much can you put in a 401(k) each year?
  • What are the main benefits of a 401(k)
  • What is a Roth IRA?
  • How much can you put in a Roth IRA each year?
  • What is compound interest?
  • Explain the rule of 72.