Building Credit Early in Life — Important Rules of Thumb

1. Zoom meeting links for this week:

3rd period @ 9:00-9:30 on Tuesday 5/26: https://zoom.us/j/2425160447
5th period @ 9:00-9:30 on Wednesday 5/27: https://zoom.us/j/990055217

6th period @10:00-10:30 on Wednesday 5/27: https://zoom.us/j/990055217 

2nd period @ 10:00-10:30 Thursday 5/28: https://zoom.us/j/2425160447

JUMP$TART NATIONAL STANDARD: Credit and Debt, Standard 3

CEE NATIONAL STANDARD: Using Credit, Standard 1

COMMON CORE STATE STANDARD: CCRA.R.2

CONTENT STATEMENT: Establish rules of thumb to build credit early in life.MATERIALS NEEDED: (included); Building Credit Vocabulary Powerpoint (included)

KEY VOCABULARY/TERMS: Credit, Credit Score, Credit Utilization Rate, Rules of Thumb

1. Students complete the Fact or Myth worksheet, Fact or Myth Worksheet. Students predict how a lack of credit history or bad credit will impact their everyday life. Here is the fact or Myth key Fact or Myth Master 
2. Students read the article “How Credit Impacts Your Day to Day Life” and circle the correct responses.
3. The teacher briefly introduces students to  by using 
   1. Review the brief article and Infographic on what factors that contribute to building a strong FICO credit score. In the article on the bottom is a short video.“What’s In Your Score?”.
4. Students read the following articles and identify credit building strategies.
   1. “What’s The Best Way to Build My Credit Score?”
   2. “How Do I Get and Keep a Good Credit Score?”
5. Model for students how the complexity of credit building can be coalesced into simple Rules of Thumb* students can remember that are relevant to their lives now, or in the immediate future. Research exhibiting the effectiveness of Rules of Thumb:
6. • Consumer Voices on Financial Rules to Live By. Rep. Consumer Financial Protection Bureau, May 2016. Web. 11 Apr. 2016. <http://files.consumerfinance.gov/f/201603_cfpb_rules-to-live-by_ideas-for-financial-educators.pdf>.
   • Schoar, Antoinette, and Saugato Datta. The Power of Heuristics. Rep. Ideas42, Jan. 2014. Web. 12 Apr. 2016. <http://www.ideas42.org/wp-content/uploads/2015/05/ideas42_The-Power-of-Heuristics-2014-1.pdf>.
7. Distribute to students the CFPB document MY Credit Rules to Live By click here CFPB Credit Rules to Live By as an example of the process of establishing a rule of thumb. Encourage students to use what they learned from the credit building articles, the FICO scoring model, and if applicable a prior lesson on credit reports, when developing their own rules of thumb.

8. DO THIS EXIT TICKET WHEN DONE,CLICK HERE

THIS WEEK IT'S ALL ABOUT THE $$$$$$ "Guided Notes for SMART Goals Lesson “Financial Goals in Focus” OR “Getting off to a S.M.A.R.T Start”

1. Zoom meeting links for this week:

2nd period @ 10:00-10:30 on Monday 5/18: https://zoom.us/j/2425160447
3rd period @ 9:00-9:30 on Tuesday 5/19: https://zoom.us/j/2425160447
5th period @ 9:00-9:30 on Wednesday 5/20: https://zoom.us/j/990055217

6th period @10:00-10:30 on Wednesday 5/20: https://zoom.us/j/990055217 

Please click here for the slides presentation on financial goals.
Please click here for the corresponding exit ticket aligned with this weeks lesson "Guided Notes for SMART Goals Lesson “Financial Goals in Focus” OR “Getting off to a S.M.A.R.T Start”

Please go on an check out https://www.mint.com/ this is a great site/app that will help you budget and manage your spending in a secure way. I highly encourage it.

TOPIC/COMPETENCY: Standard: Spending & Saving – Goal setting strategies [i.e. S.M.A.R.T.], integrating personal values, experiences vs. possessions research

CEE National Standard:

II Buying Goods and Services, Standard 7 [Grade 4]

Jump$tart National Standard:

Spending & Saving, Standard 4.

Common Core State Standard:                                                                                               

CCSS.ELA-LITERACY.SL11-12.3

CCSS.ELA-LITERACY.SL11-12.1

LESSON TITLE: “Financial Goals in Focus” OR “Getting Off to a S.M.A.R.T. Start” Objective: Students will learn the elements of a SMART Goal, practice writing goals that address planning for a future financial goal, and identify how their personal values are related to goal setting by completing a values inventory assessment.

May 11th- May 15th 12.5 The U.S. in a Global Economy

May 11th- May 15th 12.5 The U.S. in a Global Economy

1. Zoom meeting links for this week:

2nd period @ 10:00-10:30 on Monday 5/11: https://zoom.us/j/2425160447
3rd period @ 9:00-9:30 on Tuesday 5/12: https://zoom.us/j/2425160447
5th period @ 9:00-9:30 on Wednesday 5/13: https://zoom.us/j/990055217

6th period @10:00-10:30 on Wednesday 5/13: https://zoom.us/j/990055217 

2. Pearson Realize login information:

HTTPS://WWW.PEARSONREALIZE.COM/INDEX.HTML#/

THEIR USERNAME IS THEIR SCHOOL EMAIL ADDRESS.THEIR PASSWORD IS 2019WHSXXXXXXX. (IF YOU CANNOT FIND YOUR STUDENT ID LET ME KNOW) GO ON TO PEARSON REALIZE YOU WILL SEE AFTER YOU HAVE LOGGED ON THE ASSIGNMENTS (REMEMBER CLICK CLASSES, THEN ASSIGNMENTS). 

This week is 12.5 The U.S. in a Global Economy
with our Lesson Objectives are 

A. Explain the causes of globalization, including recent scientific discoveries and technological innovations, and its effects on the American economy, including why certain places or regions are important to the United States.

B. Understand the roles of the executive and legislative branches in setting international trade and fiscal policies.

C. Identify international trade organizations and alliances to which the United States belongs.

D. Recognize the benefits and drawbacks of the global economy, including the significance to the United States of the location and key natural resources of selected global places or regions.

E. Understand world economic trends today.

3. Go and complete all assignments and the corresponding exit ticket for this section on how the U.S. is related to the Global Economy

4. Click here for the exit ticket so I can see your responses that you are learning and applying the learning objectives. (You will be able to edit your exit ticket after you submit it. I would suggest copying the questions down in a google doc and entering your responses before submitting your exit ticket for Chapter 12 lesson 5.

5. Great reinforcement video about the Globalization and Trade and Poverty: Crash Course Economics, Click here.

6. Teachers are going to be keeping track of communication with students on skyward so please be a great communicator!

Please let me know if you have any issues and again I wish you all well!

May 4th- May 8th Chapter 12 Lesson 4: Spending and Borrowing

May 4th- May 8th Chapter 12 Lesson 4: Spending and Borrowing

1. Zoom meeting links for this week:

2nd period @ 10:00-10:30 on Monday 5/4 (May the 4th be with you): https://zoom.us/j/2425160447
3rd period @ 9:00-9:30 on Tuesday 5/5: https://zoom.us/j/2425160447
5th period @ 9:00-9:30 on Wednesday 5/6: https://zoom.us/j/990055217

6th period @10:00-10:30 on Wednesday 5/6: https://zoom.us/j/990055217 

2. Pearson Realize login information:

HTTPS://WWW.PEARSONREALIZE.COM/INDEX.HTML#/

THEIR USERNAME IS THEIR SCHOOL EMAIL ADDRESS.THEIR PASSWORD IS 2019WHSXXXXXXX. (IF YOU CANNOT FIND YOUR STUDENT ID LET ME KNOW) Go on to Pearson Realize you will see after you have logged on the assignments (Remember click classes, then assignments). 

This week is Chapter 12 Lesson 4: Spending and Borrowing
with our Lesson Objectives are 

1. Identify the sources of expenditures of the U.S. government, and define controllable and uncontrollable spending.

2. Analyze the executive branch function of creating the federal budget, in conjunction with Congress.

3. Understand the relationship between U.S. government policies as set out in the yearly federal budget and the economy.

4. Analyze the impact of Federal Government sources of revenue and expenditures on the U.S. economy.

5. Analyze the causes and effects of the public debt.

3. Go and complete all assignments and the corresponding exit ticket for this section on spending and borrowing.

4. Click here for the exit ticket so I can see your responses that you are learning and applying the Essential Question. (You will be able to edit your exit ticket after you submit it. I would suggest copying the questions down in a google doc and entering your responses before submitting your exit ticket for Chapter 12 lesson 4.

5. Great reinforcement video about the monetary and fiscal policy, Click here.

6. Click here to see the US debt clock!!!

7. GRADING: Please watch Superintendent of Washington explain the grading for the rest of the year. He does a good job explain click here if interested.

8. Teachers are going to be keeping track of communication with students on skyward so please be a great communicator!

Please let me know if you have any issues and again I wish you all well!