Personal Finance Period 6 2020-21-https://zoom.us/j/91292291730?pwd=MW44T0JxWHFCOHowWXZ4M3RZQkV1dz09 Assignments

https://www.youtube.com/watch?v=deB1WTLOVns


After watching the informational presentation about the shortage of microchips.


In
what way might this event have an effect on the overall financial
structure, from the federal bank to the end users ( the citizents or the
people). You might want to include things as cost of resources,
production, supply and demand, cost overall of cars, financing or
getting loans for cars and on the part of the manufactures.



Type at least a two pages. Double space

1. This video showcases haggling at a dealership.
     a. https://www.youtube.com/watch?v=UpEsmEaJcJo


2. This video outline the relationship of credit to loan.
     b. https://www.youtube.com/watch?v=VX37XAWPgoE


Objective:

1. Evaluate the underlying dynamics related to the car buying process
2. Determine reasons for interest fluctuations
3. Explain the relationship of interest to the principal as a function of credit score
4. Analyze categories that affect the overall price.




STANDARDS:


CTE.FB.C.C2.0 Students know how to analyze and interpret financial data:




CTE.FB.FS.4.2 Understand the use of technological resources to access, manipulate, and produce information, products, and services.




CTE.FB.FS.5.2 Understand the universal, systematic problem-solving model that incorporates input, process, outcome, and evaluation components.




CTE.FB.FS.5.3 Use critical thinking skills to make informed decisions and solve problems.




CTE.FB.B.B2.1 Know basic banking concepts and terms.




CTE.FB.C.C1.2 Analyze past and current budgets to determine financial business needs.

Here you are introduced to something called Fringe Benefits.

First do the Slides Work
Second, once done with slide work, proceed to the handout with a case regarding choice. This is related to making a decision of employment based on the fringe benefits.
Third, in a separate google slide do the section FURTHER Studies. Look for the yellow highlighted and follow instructions

Objective(s):
a. Identify types of fringe benefits
b. determine importance criteria when deciding on employment
c. Evaluate types of fringe benefits
d. Research two companies and compare their fringe benefits.


Standards
3.0 Career Planning and Management
Integrate multiple sources of career information from diverse formats to make informed career
decisions, solve problems, and manage personal career plans.

3.1 Identify personal interests, aptitudes, information, and skills necessary for informed career
decision making.

What are fringe benefits?
https://www.youtube.com/watch?v=1HgSWusotqk

In addition to wages, certain fringe benefits are available from some employers. Not all employers provide the
same "fringes." Some employers provide no fringe benefits at all, while others may pay some of the cost and the employees pay a portion of the cost (co-pays for the benefit). Other employers may provide a good fringe benefit package and lower wages or pay higher wages and fewer fringe benefits. Although not usually considered fringe
benefits by most employees, employers must provide, and either pay for entirely or contribute toward,
certain benefits mandated by Federal or State law. Examples are the Social Security Program, Unemployment Compensation Benefits, and Workers Compensation Insurance.


Yellow HIghlighted phrase under FURTHER Studies. If you finish the slide show and the case, open another slide show and do what is highlighted in yellow. Again put it on a slide show.

https://vimeo.com/424073216

instructions standards and objective in lesson

Find any business related article and summarize it in a one page summary.


Post your resource as well

Matchmaker and Learning Styles

https://www.youtube.com/watch?v=RjGBJk30rDc
https://www.youtube.com/watch?v=ijLfY06br4A
https://www.youtube.com/watch?v=hEmgLEopw70
https://www.youtube.com/watch?v=-E-jfcoR2W0

In terms of self-care and coping, what self-care criteria have you dealt with and positively used to cope with things.

Write what you consider is necessary.

objective and standards in lesson

Resources how to read stock information
https://www.youtube.com/watch?v=vsN4WLdFdDo
https://www.youtube.com/watch?v=bG4KRk3oZ0k
https://www.youtube.com/watch?v=AuE_YFVdmlA

In a one page summary, describe:
1. What are the financial effects to a states (California) economy when firms leave.
-jobs
-financial systems
-taxes
-opportunities for entrepreneurships etc...
2. Post in your doc the link to the resource

https://www.youtube.com/watch?v=7rzIuv5PxLU&pbjreload=101
watch the documentary and relate it to investing. What would you say is the main idea about the effects to investing and how things affect the overall financial structure

Students will be able to
Explain how saving is linked to overall wealth
Describe how saving and investing are different
Understand fundamentals of saving such as reasons for saving, how much to save, and strategies to enable saving
Acknowledge the role of delayed gratification in saving

Standards
Spending & Saving
1b: Specify how monetary and non-monetary assets can contribute to net worth

Financial Decision Making
4a: Describe how inflation affects financial decisions, including the price of goods and services
4d: Develop a contingency plan to deal with events, such as a car breakdown or a phone loss that might affect personal finances on short notice

Find an article that speaks about the current stimulus package.
Summarize what it says about what is it suppose to do for business and how it may affect financials overall.

Summarize in half page

https://www.youtube.com/watch?v=yM0uonkloXY
https://www.youtube.com/watch?v=XoReNhLnOB4

https://www.investopedia.com/investors-who-experienced-the-2008-crisis-are-applying-lessons-to-today-4846409

instructions and standards are in the lesson

Instructions are in the lesson

Objective
Explore the economic conditions of markets
Evaluate current market conditions to understand how they affect jobs and personal finances
Summarize the journal

Instructions
Find a business article to summarize. The summary should be roughly one page type written. The article should make reference to the current job market and the financial conditions.

References:
Wall Street Journal
S&P
Forbes
any of the news channels' business reports section

https://www.npr.org/2020/02/21/808205303/wells-fargo-paying-3-billion-to-settle-u-s-case-over-illegal-sales-practices

https://www.nbcnews.com/news/all/wells-fargo-pay-3-billion-over-fake-account-scandal-n1140541

https://www.moneyunder30.com/wells-fargo-fraud

Read on of the articles. They introduce the fraud activity committed by Wells Fargo Bank. Type at least one to two (1-2 pg). page.

1. Identify who are the governing agencies involved.
2. What actions did they take in coming up with a solution to the problem
3. Who were the recipients of the payout
4. What happened to customers accounts? That is, what did Wells Fargo do with the accounts, in terms of reimbursing customers.
5. How much were customers reimbursed if any?
6. What can you learn from this in terms of your rights as a consumer and the roles of the agencies?

https://www.jenksps.org/pages/uploaded_files/c24_874768_mt.pdf#[2,{%22name%22:%22Fit%22}]

Pg 432-433 questions 2-6, and question 10
Pg 434 Q. 27

https://www.jenksps.org/pages/uploaded_files/c23_874768_mt.pdf

resources
https://www.youtube.com/watch?v=xAqVQuaEx6g

Objective(s):
Name the seven rights of consumers
List the basic responsibilities of a consumer
Explain how you can conserve resources
Describe ways you can learn consumer skills

Standards

8.0 Ethics and Legal Responsibilities Practice professional, ethical, and legal behavior, responding thoughtfully to diverse perspectives and resolving contradictions when possible, consistent with applicable laws, regulations, and organizational norms

Consumer Education from CTE model:
Standard 8: Consumer Decisions and Purchases
8.7Evaluate sources of information about goods and services to determine their reliability.

OBJECTIVES:
• Understand the components of a budget
• Create and calculate an individualized budget
• Keep financial records to assist in planning
• Demonstrate effective decision making in spending and saving

Standards
Finance Pathway
B1.0 Create and use budgets to guide financial decision making.
Personal Finance
II. Earning and Reporting Income
Achievement 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 Budgeting
Achievement Standard: Develop and evaluate a spending/savings plan.

National Standards for Economics:
• Standard 1: Scarcity
• Standard 2: Decision Making
• Standard 3: Allocation

Common Core ELA Anchor Standards:
• Writing: Research to Build and Present Knowledge
• Speaking and Listening: Comprehension and Collaboration
• Speaking and Listening: Presentation of Knowledge and Ideas• Language: Vocabulary Acquisition and Use

Common Core Math Standards:
• Numbers and Quantity: Quantities
• Modeling

Create Slide show (5 to 6 slides)
outline about 5 or 6 and outline the main functions and one slide summarize what you learned

One slide for your summary

Source
https://turbotax.intuit.com/tax-tips/irs-tax-forms/a-guide-to-commonly-used-irs-tax-forms/L7YJv3Sbh

Resources that explain what W4 is and how it works

https://www.youtube.com/watch?v=yjIF7SpNJNw
https://www.youtube.com/watch?v=lp99O75qaeA

Objective:
Compare and Contrast academic studies to real life application of career


Construct a slide show of the following criteria.

Go to the link below and do the following:
https://www.bls.gov/
Part A
1. Select the tab "what they do"?
gather information of what
your career, as a job does in
a real world setting. This can
be duties and anything else
related to what is done.

2. Select Work Environment Tab.
gather data related to working
environment and schedules.

Part B:
In a half page to one page Doc, interpret your findings of part A. In other words, summarize your findings by explaining the following:

1. What did you learn from the real life application compared to
the academic setting. In other words, how are the real world
applications to the academic studies different?

2. In what ways would you say your education will prepare you for
real life application and demands of the career.

Objective
Identify self awareness characteristics
Evaluate educational requirements for career development
Create PPT and report of findings


1.Type a one page (roughly) report where you summarize your findings. In other words, what did you learn from your findings.

2. Also in the report, provide wage criteria. What is the entry level wage, medium, and peak wage.

3. What is the projected demand for that career? And which pathways can be pursued with your career. For example, what other types of jobs can be attained with your career.

Use this resource for questions 2 and 3
https://www.bls.gov/






Standards
NBEA: CAREER DEVELOPMENT I. SELF-AWARENESS
Personal skills, abilities and aptitudes: Correlate personal characteristics with the requirements of specific jobs within career clusters.

BEA: CAREER DEVELOPMENT II. CAREER RESEARCH
• Career resources and related information: Evaluate several occupational interests, based on various criteria (e.g., educational requirements, starting salaries, and career ladder opportunities).

Objective
Explore the economic conditions of markets
Evaluate current market conditions to understand how they affect jobs and personal finances
Summarize the journal

Instructions
Find a business article to summarize. The summary should be roughly one page type written. The article should make reference to the current job market and the financial conditions.

References:
Wall Street Journal
S&P
Forbes
any of the news channels' business reports section

Objective
Identify self awareness characteristics
Evaluate educational requirements for career development
Create PPT and report of findings

Standards
NBEA: CAREER DEVELOPMENT I. SELF-AWARENESS
Personal skills, abilities and aptitudes: Correlate personal characteristics with the requirements of specific jobs within career clusters.

BEA: CAREER DEVELOPMENT II. CAREER RESEARCH
• Career resources and related information: Evaluate several occupational interests, based on various criteria (e.g., educational requirements, starting salaries, and career ladder opportunities).

Objective:
Evaluate financial characteristics of higher education
Compare and contrast financial cost of the educational institution
Determine Opportunity Cost
Explain the role of interest in terms of Time Value of Money

NBEA: PERSONAL FINANCE IV. SAVING AND INVESTING
• Saving and Investing: Contrast the impact of simple interest vs.
compound interest.
NBEA: COMPUTATION VI. PROBLEM SOLVING APPLICATIONS
• Savings and Investments: Calculate and compare the rates of return for various financial instruments to make a decision.

Business and Finance Standards
3.0 Career Planning and Management
3.4 Research the scope of career opportunities available and the requirements for education, training, certification, and licensure.

A4.0 Apply economic concepts as they relate to business.

A5.0 Analyze financial data in order to make short-term and long-term decisions.
A5.1 Describe factors that affect the value of an asset, inflation, interest rates, risk, and return.

Objective:
Apply Opportunity Cost analysis to make informed decisions
Calculate TVM: Simple and compound Interest
Compare rates of return and describe opportunity cost

Standards
NBEA: COMPUTATION VI. PROBLEM SOLVING APPLICATIONS
Savings and Investments: Calculate and compare the rates of
return for various financial instruments to make a decision.

NBEA: PERSONAL FINANCE IV. SAVING AND INVESTING
Saving and Investing: Apply criteria for choosing a savings or
investment instrument (e.g. market risk, inflation risk, interest
rate.
risk, liquidity, and minimum amount needed for investment).

5.0 Problem Solving risk, liquidity, and minimum amount needed for investment).
5.4 Interpret information and draw conclusions, based on the
best analysis, to make informed decisions.

Instructions are on the doc.
Objective: Understand what is opportunity cost and how it works.

https://vimeo.com/307566929

Evaluate what is opportunity cost.
page 25 the first four question

Instructions are in the lesson

Doc attached with instructions

Read the Article about COnsumer Behaviorism and use the Slide how to reinforce the idea.

Create a 4-5 slide show that outlines the idea of some driving forces behind consumerism behaviors as they relate to situations and forces affecting the fulfilling of wants and needs

What evidence showcases the characteristics of consumer behavior based on internal and external forces. Think back to the circle graph.

Read the literature and familiarize yourself with the terms at the far bottom. Also, there are 4 questions, type a one to one and a half page total, that responds to the questions.

Resource
Investopedia.com

1. In your own words define what is a habit.
2. give a brief summary of an example
3. Relate to your experiences in high school, how have any habits changed for, if any.
Write a half to one page.