Slides (L19)
- Identify career options and education or training required for different careers
- Name sources of income
- Explain the relationship between income and taxes
- Demonstrate how to research and analyze different careers
Slides (L29)
- Determine personal values and financial goals
- Determine personal financial decisions
- Create a financial plan
- Summarize the purpose of financial planning
Slides (L39)
- Develop a plan for spending and saving
- Create a system for keeping financial records
- Identify personal income and expenses or system for cash flow management
Slides (L49)
- Describe how savings affects financial well-being
- Explain compound interest
- Identify and research savings products
- Explain how interest is computed on savings
Slides (L59)
- Analyze different financial institutions and conduct a comparative analysis of each institution
- Explain the key differences between checking and savings accounts
- Demonstrate how to control personal information
- Understand the benefits of using federally insured financial institutions
Slides (L69)
- Decode and identify elements of a paycheck
- Discuss how taxes, personal exemptions, and deductions impact net pay
- Explain how to calculate gross and net income
- Discuss the IRS Form W-4
Slides (L79)
- Define creditworthiness
- Evaluate positive and negative types of credit
- Explain credit factors and risks and how credit scores work
- Discuss how to maintain or increase credit score
- Explain how credit is damaged
Handouts (L89)
Slides (L89)
- Identify how credit cards differ from debit cards
- Discuss different types of credit cards
- Summarize credit card key terms and conditions and consumer protection laws
- Evaluate credit card offers and explain how to manage a credit card
- Demonstrate how to compute the debt-to-limit ratio
Handouts (L99)
Slides (L99)
- Identify common financial ratios
- Demonstrate and explain how to calculate financial ratios
- Discuss how financial ratios impact financial decision making and creditworthiness
Handouts (L109)
Slides (L109)
- Research and investigate secured and unsecured installment loans
- Calculate how much car to afford
- Evaluate long-term costs associated with buying a car, including insurance and maintenance
- Explain the difference between leasing and purchasing
Handouts (L119)
Slides (L119)
- Identify common risks and strategies to reduce risk
- Explain the purpose and importance of various insurance types
- Recognize when insurance is needed and how to get it
Handouts (L129)
Slides (L129)
- Identify the costs of college
- Discuss student loan management
- Research and compare different college financial aid choices
- Discuss the earning potential of a degree in relationship to its cost
Handouts (L139)
Slides (L139)
- Understand how the economy impacts personal financial choices
- Summarize monetary and fiscal policy
- Understand inflation
- Understand economic cycles
Handouts (L149)
Slides (L149)
- Understand how investing helps meet financial goals and build wealth over time
- Research and evaluate investment vehicles and resources
- Explain how investments are regulated
- Explain how investments can be impacted by economic and business cycles
Handouts (L159)
Slides (L159)
- Explain how long-term retirement savings through investing builds wealth
- Identify differences in retirement planning strategies
- Create a retirement plan
- Understand Social Security benefits
Handouts (L169)
Slides (L169)
- Explain the responsibilities and expenses of renting versus owning
- Analyze renting versus homeownership
- Evaluate sound financial decision making for renting and owning property
- Discuss costs related to homeownership
- Discuss how homeownership can create wealth
- Understand the mortgage approval process
Handouts (L179)
Slides (L179)
- Evaluate charitable giving
- Analyze monetary and nonmonetary forms of giving
- Create a spending plan to include giving
- Discuss tax deductions for giving
Handouts (L189)
Slides (L189)
- Identify elements of an estate plan
- Evaluate how to title property
- Explain the importance of a will
- Understand the consequences of not having an estate plan
Handouts (L199)
Slides (L199)
- Demonstrate how to find and use financial resources
- Differentiate between credible and dishonest financial resources
- Define and explain the role of a financial planner
- Understand federal and state consumer protection laws and self-regulatory organizations
Handouts (L209)
Slides (L209)
- Explain identity theft
- Evaluate consumer rights and protection laws
- Demonstrate how to protect personal information
Handouts (L219)
Slides (L219)
- Identify and consider risks and rewards of entrepreneurship
- Evaluate business start-up practices
- Explain how entrepreneurship and innovation are a source of economic growth
- Identify the types of business organizations (sole proprietorship, corporations, LLC, and so on)
Handouts (L229)
Slides (L229)
- Understand and describe tax planning and reports
- Debate business management strategies
- Explain insurance choices for businesses
