Personal+Finance

Welcome to Personal Finance! toc

** Course Syllabus – Personal Finance CTE ** ** Assignment Code 22210 **

** Course Description **

** Aim: ** Students will gain knowledge and skills associated with managing personal and family resources.

** Grade Level: ** 11th & 12th Grade **Length:** Semester Course ** Prerequisites: ** None 50 min. period

** Topics Covered: ** Career Exploration Goal Setting and Implementation Money Management Spending & Credit Saving & Investing

** Instructional Philosophy and Delivery Plan **

** Expectation ** : Students will be expected to meet all the course goals by demonstrating their understanding of the basic concepts of each topic area. In order to pass the course students will need a minimum of 70%.

** Delivery Method: ** Instruction will consist of individual hands on activities and projects, group work, lecture, discussion, reading, writing, self-assessment, computer simulation, and the creation of projects using of technology.

** Community Involvement: ** Guest speakers from the bank, insurance office, and other various businesses will be brought in throughout the course. Students will also have to use community resources to complete individual and group projects.

** Assessment: ** Students will be graded on the following items: presentations, written reports, tests, daily work, group work, and individual projects.

** Course Standards ** P1.1 Analyze how career choices, education, skills, and economic conditions affect income. P1.2 Explain how taxes, government transfer payments, and employee benefits impact disposable income. P2.1 Explain the importance of taking responsibility for personal financial decisions. P2.2 Evaluate available money management tools. P2.3 Design a plan for managing finances. P2.4 Organize personal finance records. P2.5 Analyze how risk-management strategies protect against financial loss. P3.1 Apply a rational decision-making process to personal buying decisions. P3.2 Compare the advantages and disadvantages of different payment methods. P3.3 Analyze the sources, benefits and costs of consumer credit. P3.4 Assess the positive and negative consequences of using credit. P3.5 Explain the rights and responsibilities of buyers and sellers under consumer protection laws.

** Major Course Projects **


 * Complete the Checking Account Simulation that is sponsored by the Farmer’s State Bank in Faith.
 * Complete the NEFE High School Financial Planning Program sponsored by the Dakota Plains Federal Credit Union.
 * Create a skeleton business plan to understand the costs of opening one’s own business.
 * Prepare a personal management plan for their money, time, and resources.
 * Create a personal budget using the “On Your Own” computer simulation software.

** Assessment Plan & Grading Scale **

** A ** ** A- ** ||  ** 98-100% ** ** 96-97% **   ** 94-95% **  || Consistently demonstrates an exceptional level of quality and effort. Having all work in on time and completed to exceed expectations. Mastery in evaluating, synthesizing, and applying the knowledge. || ** B ** ** B- ** ||  ** 92-93% ** ** 89-91% **   ** 87-88% **  || Consistently demonstrates proficient knowledge with a good effort and quality of work. All assignments are complete and on time. Demonstrates the ability to evaluate, analyze, synthesize and apply the principles. || ** C ** ** C- ** ||  ** 84-86% ** ** 80-83% **   ** 77-79% **  || Demonstrates proficient knowledge and the ability to apply knowledge. Work shows average effort. A few assignments may be missed or late. || ** D ** ** D- ** ||  ** 75-76% ** ** 73-74% **   ** 72-70% **  || Work shows minimal effort and some assignments are late or missing. Demonstrates a basic understanding of recalling or comprehending knowledge ||
 * ** Grade ** ||  ** Scale **  ||  ** Description of Work **  ||
 * ** A+ **
 * ** B+ **
 * ** C+ **
 * ** D+ **
 * ** F ** ||  ** Below 70% **  || Understanding is below basic. Work is of poor quality and does not meet standards or expectations. ||

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