PERSONAL FINANCE SYLLABUS2015Westside High SchoolKatie [email protected] Finance Course OverviewFinancial literacy is essential in meeting the financial challenge of the 21st Century. Thecompetencies, which form the basis for this semester course, enable students to analyze theirpersonal financial decisions, evaluate the costs and benefits of their decisions, recognize their rightsand responsibilities as consumers, and apply the knowledge learned in school to financial situationsencountered later in life.Personal Finance Course DescriptionUnderstanding and managing personal finance are key to one’s future financial success. This onesemester course is based on the National Business Education standards for Personal Finance,Nebraska’s Career Education knowledge and skill statements. Nebraska Career Ready Standards,Nebraska Essential Learning, National Standards for Economic Education and the NationalStandards in Personal Finance Education created by the Jump tart Coalition for Personal FinancialLiteracy.The course presents essential knowledge and skills to make informed decisions about real worldfinancial issues. Students will learn how choices influence occupational options and future earningpotential. Students will also learn to apply decision-making skills to evaluate career choices and setpersonal goals. The course content is designed to help the learner make wise spending, saving, andcredit decisions and to make effective use of income to achieve personal financial success.Personal Finance Course ObjectivesIn order to provide students with the necessary skills and knowledge in personal businessmanagement so that they will live more effectively in the business world. Students taking PersonalFinance will demonstrate an understanding of: the career decision making process. money management, including budgeting, banking, saving, and investing. risk management, including property and automobile insurance. credit management.Personal Finance Content StandardsUnitCareer Decision MakingMoney Management: BudgetingNebraska Business Education StandardStandard 1: Students will develop and evaluate a plan tomanage their money to achieve personal goals.Benchmark 1.1Benchmark 1.2Standard 1: Students will develop and evaluate a plan tomanage their money to achieve personal goalsBenchmark 1.3Standard 5: Students will apply decision-making skills andmodels to maximize consumer satisfaction when buyinggoods and services.Benchmark 5.2

Money Management: BankingMoney Management: Saving & InvestingCredit ManagementRisk ManagementIdentify TheftStandard 2: Students will evaluate financial institutionsand the services provided.Standard 3: Students will evaluate savings andinvestment strategies to achieve financial plans.Standard 4: Students will understand strategies used toestablish, build, maintain, monitor, and control credit.Standard 6: Students will understand perils and risks inlife and how to protect against the consequences of risk.Standard 5: Students will apply decision-making skills andmodels to maximize consumer satisfaction when buyinggoods and services.Benchmark 5.1Personal Finance Course Topics and Timeline:Week 1Week 2Week 3Week 4Week 5Week 6Week 7Week 8Week 9Week 10Week 11Week 12Week 13Week 14Week 15Week 16Career Decision MakingPlanning Your CareerGetting the JobWork-Related FormsPay and BenefitsMoney Management: BudgetingBudgetsFinancial RecordsHousing Options (Renting vs. Owning)Transportation Options (Leasing vs. Owning)Money Management: BankingTypes of BanksBanking ServicesChecking AccountsAccount ManagementMoney Management: Saving & InvestingSavingInvestingBuilding a PortfolioCredit ManagementCredit OptionsCredit RecordsCredit LawsCredit ResponsibilitiesCost of CreditRisk ManagementUnderstanding RiskManaging RiskProperty and Liability InsuranceAutomobile and Umbrella InsuranceHealth, Life, and Disability InsuranceConsumerism Minimum Competency ExamReviewTestChapter 5Chapter 6Chapter 4Chapter 10Chapter 12Chapter 13Chapter 14Chapter 9Chapter 10Chapter 11Chapter 7Study Guides

Personal Finance Course Projects and Activities:Throughout the semester, students will complete the following projects in each unit to apply theirnewly learned Personal Finance skills:Career Decision MakingCareer Research Project - Students will research 2 potential career options based on theirpersonal strengths and interests.Money Management: BudgetingReal Life – Students will complete a “real-life” budget for one month based on decisions theymake for housing, transportation, and other expenses.Money Management: BankingChecking Account Simulation – Students will complete a 3-month checking account simulation.This includes tracking normal daily transactions in a checkbook register and reconciling at theend of each month.Money Management: Saving & InvestingPortfolio – Students will create the best portfolio of saving and investing options that will helpthem meet their financial goals.Credit ManagementCredit Research – Students will research the best credit options to help them make largepurchases (college, vehicle, housing, trips, etc.)Risk ManagementInsurance Agent – Students will take on the role of an Insurance Agent and provide advice totheir peers based on assigned scenarios.

COURSE GUIDELINES AND EXPECTATIONSTextbookPersonal Financial Literacy, Pearson Education, Inc./Prentice-Hall Publishing, 2nd edition,2014. Jeff Madura, Mike Casey, Sherry J. Roberts, authors.Required Materials Textbook Pencil and Pen Folder or Binder – specific for Personal Finance notes Charged ComputerCourse ExpectationsIt is the students’ responsibility to communicate with their teacher about any absences. Students willhave two days to make up work for every day missed. Blackboard will be used to access missingnote sheets or assignments.Assignments and projects are expected to be turned in on time. Students that expect to receivecredit for late work should check with the teacher prior to or soon after a missed deadline.Students will use a blog to reflect on concepts throughout the semester. It is their responsibility touse this blog in a school-appropriate manner. The teacher will monitor all student blogs.Academic Dishonesty PolicyThe Westside High School Academic Honesty Policy will be followed in this class. The followinginstances of academic dishonesty compromise this standard: Obtaining or accepting a copy of a test or test key.Copying, attempting to copy, or giving answers to another student during an examination.Failing to use only teacher approved materials during an examination.Failing to credit the product of someone else’s creativity.Copying or permitting another student to copy or obtain credit for one’s work, (including, butnot limited to, homework, papers, project, laboratory report, take-home exam, or in class work)other than for a teacher approved collaborative effort.Any other action intended to obtain credit for work not one’s own.If a student is guilty of academic dishonesty, the consequences will be determined on an individualbasis. Repeated infractions may result in disciplinary actions including suspension, expulsion, ormandatory reassignment.Grading ScaleA94 – 100%A90 – 93%B 87 – 89%B83 – 86%B80 – 83%C 77 – 79%C73 – 76%C70 – 72%D 67 – 79%D60 – 66%F0 – 59%

Course AssessmentEach unit will consist of formative assignments utilized for the students to practice and gainproficiency on a particular concept. Once it is felt the students are proficient, the teacher will give asummative assessment in the form of quizzes, tests, and projects.Students who receive a letter grade of a D or lower on a summative assignment has the option torelearn the material and be retested. A student who chooses to relearn the material must contact theteacher within 3 days of receiving the grade. The highest grade a student can receive for completingthe relearn is a C.Students will have the opportunity to take the Consumerism Minimum Competency Exam at the endof the course.

Dear Personal Finance Student,I am very excited to teach this class and I am glad you chose to take it. The topics covered areimportant and will provide you with knowledge you will use in the years to come.This class is for you! I hope you will feel free to ask questions and to offer input on the topicswe are covering; however, I will not allow any questions over content we are covering that may beimmoral, unethical, or illegal.Personal Finance will provide you with a good introductory background for the many otherclasses offered by the Business Department. Regardless of your career choice, you will live in thebusiness world and you will need to handle your own business affairs. You will also have theopportunity to take the Consumerism Minimum Competency exam at the end of this class. Passingthis class and test are graduation requirements.I want you to be successful in this course. Remember, I am available to help you in or out ofclass – just ask!Good luck!Mrs. HarmonSTUDENT CONTRACTI have read and had explained in detail the guidelines and expectations set forth for PersonalFinance. I understand that successful completion of this course will be based largely upon myfollowing these guidelines and expectations. As it is my intention to successfully complete this coursewith a passing grade and credit granted, I agree to follow all of the guidelines given.NameGrade I will work to earn in Personal Finance: (circle one)AAny information or concerns I would like Mrs. Harmon to know:BCD


Personal Finance Course Projects and Activities: Throughout the semester, students will complete the following projects in each unit to apply their newly learned Personal Finance skills: Career Decision Making Career Research Project - Students will research 2 potential career options based on