Day 10 (PF)

UNFINISHED BUSINESS:

  1. Open INTERACTIVE: Navigate Your Online Bank Account (Short Version) from last class & SHARE it with me
  2. We will complete it together–We are JUST BEFORE Part III

GOAL: Before you leave class today you will:

  1. Examine the functions, services, and products offered at various financial institutions
  2.  Compare the costs and benefits of select banking products
  3. Demonstrate how to open and effectively use a checking and savings account
  4. Monitor and reconcile bank statements to their personal records
  5. Explain how investing can be used as part of a long-term financial strategy

RIGHT NOW:

  1. Go to everfi.com/login, click Register, enter code 864e1c8b and click Next. OR If you already have an EVERFI account, login and enter code 864e1c8b in the top right corner of their dashboard.
  2. Complete LESSON 1 BANKING BASICS

IF TIME PERMITS & YOUR INTERESTED:

VIRTUAL BUSINESS CHALLENGE FEB 3, 2020 VIRTUAL BUSINESS CHALLENGE BEGINS–ENDS ON FEB 28, 2020

  1. Terrin Back, Jariyana Burnett, Riley Carrier, Memphis Jess, Arrianna Kula:
    1. REGISTER for the Virtual Business Challenge PERSONAL FINANCE–https://vb.knowledgematters.com/user/register/fbla/
  2. What is the Virtual Business Personal Finance Challenge? The Virtual Business Personal Finance Challenge encourages students to test their financial literacy skills. Participating teams will be making personal finance decisions for a simulated person. The concepts students will be managing include opening bank accounts, paying bills, filing taxes, applying for jobs, enrolling in educational courses, paying for goods, applying for credit cards, determining schedules, budgeting, and more. Teams will be ranked based their person’s net worth after running the simulation for two virtual years.
  3. PRIZES: National Champions – 1st Place · $1,000/team · Recognition at the Grand Awards Ceremony at the NLC · Plaque · Recognition under the FBLA area at www.KnowledgeMatters.com   2nd Place · $500/team · Recognition at the Grand Awards Ceremony at the NLC · Plaque 3rd Place · $250/team · Recognition at the Grand Awards Ceremony at the NLC · Plaque
  4. TEAMS:
    1. BHS TEAM 7:
    2. BHS TEAM 6:
    3. BHS TEAM 5:
    4. BHS TEAM 4:
    5. BHS TEAM 3:
    6. BHS TEAM 2:
    7. BHS TEAM 1:
  5. Get with your team. Use your laptops. Get familiar with the Sim Challenge.
  6. Check your scores with other teams: https://challenge.knowledgematters.com/assignment/competitive_view/645807

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