THEME A: Basic Concepts

1. Needs
2. Wants
3. Goods
4. Services
5. Trade-Offs
6. Scarcity
7. Decision-Making
8. Opportunity Cost
9. Circular Flow

Activities/Instruction

1. Scarcity, Choice, and Decisions
   
   

Activity 1: Planning the Prom
Activity 2: Scarcity, Choice, and Decisions

2. “Are the Best Things in Life Free?”
3. Circular Flow Model

THEME B: Money

1. Coins & Currency
2. Fiat Money
3. Characteristics of Money
4. Functions of Money

Activities/Instruction

1. "Money is What Money Does”
2. Reading: “Currencies in Crisis: Proposals Draw Fire”
3. Reading: “Currencies in Crisis: A Beanie Baby Guide to a Grown-Up Problem”

THEME C: Comparative Economic Systems

1. Market
2. Command
3. Traditional
4. Mixed

Activities/Instruction

1. “Comparative Economic Systems”
   
   

Comparative Systems Worksheet (PDF)

2. CIA Factbook

THEME A: The Value of Education

1. Investment in Human Capital

Activities/Instruction

1. Chart showing Earning Power and Educational Attainment – NEFE Student Guide page 100
2. Complete Risky Business Lessons - Risky Business DVD

Student Activity 1.1 – complete while playing Unit 1 on the DVD, then report out resultsActivity 1.2
Activity 1.3 – instructor acts as counselor

3. “College: Where Am I Going to Go?”
4. “Education: Weigh Your Options”

THEME B: Career Choices

1. Supply and Demand for Labor
2. Employment
3. Unemployment

Activities/Instruction

1. Ohio Career Development
2. Ohio Career Information System – log in with username techprep and password ohiocis03, then select “occupation match” from the “occupation & employment” menu
3. Career Voyages
4. Thinkfinity

THEME C: Taxes

1. Why pay taxes?
2. Where do our tax dollars go?
3. What is a W2, W4, 1040?

Activities/Instruction

1. “Why Pay Taxes” Power Point Presentation Overview
2. “Why Pay Taxes”
3. Tax Forms: W2, W4, 1040 (PDF files on web site)
4. Additional Tax Lessons

THEME A: Budgets and Budgeting

1. Budget
2. Spending Plan
3. Goal Setting
4. Fixed Expenses
5. Variable Expenses

Activities/Instruction

1. VISA Practical Money Skills for Life (PMSFL) Overheads 3A, 3B: Budget Process and Group Process 3-1a - 3-1e
2. Budget Bead Game (PDF)
3. Dirtiest Words Handout
4. TIme Budgeting Worksheet
5. Resources Handouts
6. Knowledge + Strategies + Action Handout

THEME B: Saving

1. Goal Setting
2. Delayed Gratification

Activities/Instruction

1. VISA PMSFL Overheads 12A, 12B, 12C: What is this "Pay Yourself First?"
2. VISA PMSFL Overheads 12E - 12H: Getting Your Money to Work for You
3. Financial Fitness for Life: Lesson 1
4. Reasons to Save
5. Compounding Interest

THEME C: Spending

1. Budget
2. Cash Flow
3. Expense
4. Income
5. Needs
6. Net Income
7. S-M-A-R-T Goals
8. Spending Plan
9. Values
10. Wants

Activities/Instruction

1. Needs Versus Wants List – NEFE Student Guide page 4
2. S-M-A-R-T Goals Handout – NEFE Student Guide page 7
3. Using a Check Register to Track Expenses (PDF)
4. Developing a Spending Plan (PDF)
5. Savvy Spensing Quiz
6. 9 Money Rules to Live By

THEME D: Banking

1. Savings Account
2. Deposit
3. Checking Account
4. Four Types of Financial
   Institutions: Commercial Banks, Savings and Loan Associations, Credit Unions, Brokerage Firms
5. Basic Banking Services: Managing, Protecting, and Increasing Your Assets

Activities/Instruction

1. Financial Fitness for Life, Lesson 21: Financial Institutions
2. Financial Fitness for Life, Accounts and Services: Checking, Savings, Certificates of Deposit, Money Markets, Student Loans, Car Loans, Mortgages

THEME E: Philanthropy

1. Goals
2. Values
3. Giving Back

Activities/Instruction

1. Exercise 2B and Assignment 2-1: Values and Spending Chart
2. Time Equals Treasure
3. Raising Children with Philanthropic Values
4. Philanthropy for Youth Booklist

Additional Information

1. “Pay it Forward,” by Catherine Ryan Hyde (see your local library)
2. “150 Ways Teens Can Make A Difference"

THEME A: Understanding Credit

1. Why Use Credit?
2. Establishing and Maintaining Credit
3. Laws and Regulations Governing the Use of Credit
4. Building Credit History
5. Understanding Credit Reports and Your Rating
6. Understanding Different Types of Credit
7. How Much Credit to Use?

Activities/Instruction

1. Lesson 7 Power Point Presentation (PMSFL**)
2. Activity 7-1: Should They Use Credit (PMSFL**)
3. Give Me Credit (NEFE page 299)
4. Activity 7-2a, 7-2b: Test Your Credit Knowledge (PMSFL**)
5. Credit Masquerade (NEFE page 301**)
6. “US Senate Mulls Over Bankruptcy Legislation”
7. “Credit for Beginners”
8. “Giving Credit”
9. “My Credit Rating – Why Should I Care?”
10. “The Credit Card Mystery”
11. Activity 7-3: How Much Can They Safely Carry? (PMSFL**)
12. “QT Pi Fashions – Learning About Credit Card Use
13. Quiz 7-4: About Credit (Post-Test) (PMSFL**)

** Materials Codes:

PMSFL            Practical Money Skills for Life
NEFE             National Endowment for Financial Education
EEL               www.econedlink.org
VE                Virtual Economics 3.0

THEME B: Credit Cards

1. Find the Right Credit Card
   for You
2. Understanding Finance Charges
3. Understanding Your Rights if Denied Credit
4. Interpreting Credit Card Statements
5. Dealing with Errors
6. How Much Credit Card Debt is Enough

Activities/Instruction

1. Lesson 8 Power Point Presentation (PMSFL)
2. Activity 8-1a, 8-1b: Shopping for Credit (PMSFL)
3. Activity 8-3a, 8-3b: How Much Does it Really Cost? (PMSFL)
4. “The Costs of Credit”
5. “Should I Use Cash or Credit?”
6. “Time Value of Money”
7. Lets Break Down a Deal (NEFE page 303)
8. Who Ya’ Gonna Call? Debt Busters! (NEFE page 319)
9. Loan Ranger (NEFE page 309)
10. Activity 8-2a, 8-2b: The Statement (PMSFL)
11. Activity 8-4: How Deep Can They Go? (PMSFL)
12. Debt Polarity (NEFE page 313)
13. Till Debt Do Us Part (NEFE page 317)

THEME A: Savings vs. Investment

1. The Difference between Saving and Investing
2. Why Savings and Investing are a Necessary Complement to Social Security
3. Saving Within a Budget and Within Income Levels
4. Prioritizing Needs and Wants; Setting Goals

Activities/Instruction

1. Student Goal Setting Activity (NEFE page 15-19)
2. “Passport to Fiscal Fitness”
3. “The Future of Social Security” Brochure
4. Lesson 12: Saving and Investing (PMSFL)
5. “Ways to Save and Make Money”

THEME B: Time Horizons and Risk Tolerance

1. The Power of Compounding
2. Risk versus Return Trade-Off
3. Risk Tolerance and How it Evolves over Time

Activities/Instruction

1. Your Money Style Quiz – fun ice breaker activity
   (Teachers Manual CD, Module 5)
2. What’s Your Risk Factor?
   (Teachers Manual CD, Module 5)
3. “Passport to Fiscal Fitness”
4.  Lesson 12: Saving and Investing (PMSFL)
5. “Take a Risk on Investor Island” parts 1-3

THEME C: Investment Options and Market Influences

1. Different Types of Investments
2. The Investment Pyramid and Components of Investment Risk
3. Market Efficiency, and What Factors Move the Stock and Bond Markets

Activities/Instruction

1. Language of the Stock Market or Stock Market Jeopardy
   (Teachers Manual CD, Module 5)
2. “Here’s Your Chance to Make Millions in the Stock Market” interactive links
3. “Language of the Stock Market – Investing”
4. “Passport to Fiscal Fitness”
5. “Here’s Your Chance to Make Millions in the Stock Market” parts 1-3
6. “Factors that Move the Stock Market”
7. “What to Expect From Investing” (Teens and Their Money)

THEME D: Portfolio Construction and Management

1. Diversification
2. Asset Allocation
3. Stock and Mutual Fund Selection Tools
4. Building an Investment Portfolio

Activities/Instruction

1. “Language of the Stock Market – Investing”
2. Lesson 3: “Developing a Financial Investment Portfolio”
3. Lesson 12: “All Savings Choices Involve Risk: Grandma’s Gift”
4. Lesson 14: “How to Choose a Stock”
5. “Asset Allocation Made Simple”
6. Activity: Create an Investment Portfolio – use the CLIENTS described in e-connections Lesson 3 and the investment choices on the historical Stock Prices Exhibit to create an investment portfolio. “Purchase” the investments as if it were May 15, 1997. NOTE: Initially, only distribute the list from Tab 1 with 1997 data.) Then using the data on Tab 2 calculate the value of the portfolio using actual prices in 2000, 2004, and 2007. Discuss and compare the results and whether the choices ended up being appropriate for the client.

THEME A: Insurance

1. Types of Insurance
2. General Terms
3. Life Insurance Terms
4. Auto Insurance Terms
5. Home-Owner’s/Renter’s Insurance
6. Health Insurance
7. Selecting an Insurance Provider

Activities/Instruction

1. Video Clip – click on any of the topics, any of the lessons, under “Insurance Education in a Box.” Discuss the need for insurance education for high school students.
   
   

    Presenters: you will want to establish a logon account prior to using most of this site. If you want, you can do it with your teachers as you conduct your lesson and they can see how easy it is.

2. Protecting Yourself Terminology – Discuss topic term groupings found on the insurance pages in the terminology list for this unit. Visit www.life-line.org and have teachers report on what they find there of interest.
3. National Standards and Available Insurance Materials - Review

THEME B: Identity Theft (a.k.a. True Name Fraud)

1. General Terms
2. Stealing Process
3. Resolving The Theft
4. Determining Your Risk

Activities/Instruction

1. Are You at Risk for Identity Theft? (Teachers Manual,
   page 92)
2. Your Business or Employer (Teachers Manual, page 93)
3. Job Seeking and ID Theft (Teachers Manual, page 94)
4. PC Perfect and ID Theft (Teachers Manual, page 96)
5. Video Clip – introducing the reality of ID Theft
6. Students and Teachers Corner (See “teen space” and other resources on this site, and FTC.gov for government information.) – divide into groups and have each review a section of this site and report.
7. Web Site List – have teachers review and report on selected sites (Teachers Manual, page 91 & 126)

THEME C: Fraud

1. Deception
2. Fraud
3. Fraud Perpetrators
4. Resolving Fraud

Activities/Instruction

1. Discuss types of fraud teachers have encountered and steps they have taken to protect themselves
2. Review terms and link to above examples (Teachers Manual, page 85)
3. National Fraud Information Center – assign each teacher one of the five topic areas (not “This Just In”), read, and have volunteers report on what they found
4. College Scholarship Scams – review for usability in classroom. Web Site List – have teachers review and report on selected sites (Teachers Manual, page 91 & 126)

THEME D: Consumer Rights and Responsibilities

• Consumer Bill of Rights
• Consumerism
• Governmental Consumer Protection

Activities/Instruction

1. Consumer Bill of Rights - discuss (Teachers Manual, page 99)
2. Demonstrate the amount of consumer information provided free by the government
3. Web Site List – have teachers review and report on selected sites (Teachers Manual, page 91 & 126)
4. Have teachers pair up and generate ideas for student projects on the “Protecting Yourself” topics. Compile in a Word document and e-mail to participants.