| Mr. C's SMART Lunch Availability This Week | |||||
|---|---|---|---|---|---|
| Lunch | Monday | Tuesday | Wednesday | Thursday | Friday |
| A | CLOSED | By Appointment | CLOSED | By Appointment | Open TUTORIAL |
| B | CLOSED | Open TUTORIAL | CLOSED | By Appointment | By Appointment |
Motivation for the Week:
"Resolve to give thanks, not only in words, but with action."
- Mr. C
| |||||
Agenda
Periods 1&3
1) Budgeting and Financial Planning
- Using the unexpected scenarios in the PowerPoint, we modified the budget we created yesterday in the "Budget Blast" Activity.
- Next we looked at a few different types of bank accounts that a consumer can utilize for basic savings such as checking accounts, savings accounts, Certificates of Deposit (CDs), and Individual Retirement Accounts (IRAs).
- Discussion moved to debt and credit. The following commercial and Saturday Night Live skit made for a poignant break.
"I'm in Debt Up to My Eyeballs." from Credit Abuse Resistance Education on Vimeo.
Period 4
1) Budgeting
- Today we created a budget using the "Budget Blast" activity (pages 2-6 of this file, begin with "Step One" on page 4). The goal is to see how expensive something actually are and how the choices we make impact our savings and spending. The activity was used to highlight the benefits of creating a budget and what a family can do to edit their budget when their circumstances change.
- Next we looked at a few different types of bank accounts that a consumer can utilize for basic savings such as checking accounts, savings accounts, Certificates of Deposit (CDs), and Individual Retirement Accounts (IRAs).
Homework
Periods 1&3
Search 3 different banks to find information on rates for the following types of savings accounts:
- Checking, Savings, CDs of 6, 12, 24, 36, 48, and 60 months.
- One Bank MUST be the State Employees Credit Union (SECU)
Period 4
Read and Note Sections 20.3 & 20.4 in the textbook
Announcements
All Classes
TEST MONDAY (UNIT 7) PERSONAL FINANCIAL LITERACY
