- High School (9-12)
- Business Curriculum
- Personal Finance
Business & Technology
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Course Description
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This course will provide a foundation for understanding personal financial planning techniques. Students become equipped to confidently discuss money, credit and investing issues and plan for their own financial futures.
Proficiency Targets
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Foundations
As evidenced based on classroom assessments, the student is able to:
- Calculate gross and net pay as well as calculate personal tax liabilities for various types of taxes (including income, sales, FICA, and Medicare) and rate of return 01.01.01 to 01.02.05
- Understand how to read an amortization schedule, a credit report and a stock market charts as well as what a credit score is 01.02.06
- Create a budget and complete a practical checking account simulation 01.05.01 to 01.05.03
- Understand the purpose for a government to raise money via taxes 02.01.01 to 02.04.02
Problem Solving & Critical Thinking
As evidenced based on classroom assessments, the student is able to:
- Understand the role of insurance for “risk management” in financial planning and can identify the type of insurance associated with different types of risk 04.01.01
- Examine the various purchases I want to make as a consumer and can apply smart, comparison shopping strategies to make the best financial decision based on goals 04.01.01
Safety, Health & Environment
As evidenced based on classroom assessments, the student is able to:
- Understand the difference between identity theft and fraud and know the steps for prevention and resolution if incurred 07.01.03
Ethics & Legal Responsibilities
As evidenced based on classroom assessments, the student is able to:
- Understand how to prevent identity theft 09.01.03 to 09.02.02
- Understand the various forms of credit 09.06.02 to 09.07.02
Employment & Career Development
As evidenced based on classroom assessments, the student is able to:
- Compare and contrast compensation packages that include varying levels of income and benefits 10.02.01 to 10.03.02
Technical Skills
As evidenced based on classroom assessments, the student is able to:
- Explore the options available at a bank to store my money for future use to avoid erosion due to cost-of-living adjustments 11.01.01 to 11.01.05
Materials Used
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No Textbook -- All Supplemental Materials