PRACTICE FOR THE PERSONAL FINANCE CHALLENGE–2017

STUDENT RESPONSIBILITIES EVERYDAY DURING THE SIMULATION:

  1. Login daily
  2. Pay bills on-time
  3. Adjust 401(k) contribution % and bank account type, as needed
  4. Read simulation communications via email, Dashboard Alert, and push notifications
  5. Maintain their CFS reconciled
  6. Take quizzes and surveys
  7. Review pay stubs and W-2
  8. Use the Student Quick Tips to help navigate the simulation and perform common tasks
  9. Use the Knowledge Base to answer questions about the game, scoring, website navigation, etc.

TODAY:

  • WHAT MOST SCHOOLS DON’T TEACH–Watch this video clip–We do this at Bellevue High School!! In Multimedia Marketing & Intro to Web Design & Web Apps & Coding!!
  • REGISTRATION: Please consider taking the following classes next year:
    1. Multimedia Marketing–Photoshop & Moviemaker are used to create advertisements, commercials, and promotional materials.
    2. Introduction to Web Design–This is college credit. Learn how to create websites for area businesses or for yourself. Learn about graphic design.
    3. Business Computer Applications I & II–College credit.
    4. Advanced Computer Applications–College credit.
  • MAKE UP WORK!! CHECK JMC!! TODAY IS THE LAST DAY OF THE QUARTER!!
  • http://www.thirteen.org/finance/games/index.html
  • IMPORTANT: At the end of every class, please email me describing how far you got today and what you learned. This will be graded.

    Goal: Before you leave class today you will know how to maneuver in Everfi’s Financial Literacy program. (Use Firefox?)

    1. Go to EVERFI and sign in with our class code: c34dabcb
    2. Do the OVERVIEW–if you have any questions–ASK!!
    3. Begin Module 1–SAVINGS by taking the Pre-Test
    4. Work on Module 1–We will continue to work on it next class.
    5. JUST AN FYI: Here are the units that will be covered this quarter–

    Module 1 – Savings

    • Simple & compound interest
    • Budget creation & categorization
    • Savings vehicles & plans

    Module 2 – Banking

    • Types of Banks
    • How the Federal Reserve System works
    • Account types (checking, savings, CDs, MMAs)
    • Using an account; Writing checks

    Module 3 – Payment Types, Interest Rates, and Credit Cards

    • Payment types
    • Credit card offers, terms & billing
    • How to manage existing debt

    Module 4 – Credit Scores

    • Credit scores & bureaus
    • Actions that raise/lower your credit score

    Module 5 – Financing Higher Education

    • Available student loan financing options
    • FAFSA application process
    • Steps of the student loan process

    Module 6 – Renting vs. Owning

    • Pros/Cons of renting and owning
    • Mortgage basics
    • Transportation and housing choices

    Module 7 – Taxes and Insurance

    • Consumer protection organizations & laws
    • How to recognize, protect, & resolve identity theft
    • Tax Forms – W-2, W-4, 1040EZ
    • Types of insurance
    • Insurance out-of-pocket costs

    Module 8 – Consumer Fraud

    • Consumer protection laws & organizations
    • How to recognize, protect & resolve identity theft

    Module 9 – Investing

    • How stocks, bonds, and mutual funds work
    • Importance of diversification
    • Understanding stock exchanges and tickers

    EverFi Life Game

    • Apply financial skills & knowledge to real-world situations at 3 levels: High School, College, and Post-College

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