1. Making it Personal Financial Literacy
Andrea Neff, National Sales Consultant
Don’t Buy Stuff You Cannot Afford 3 minute video

2. Session Outline Why teach Personal Financial Literacy?
Personal Financial Literacy covers what topics?
How to teach Personal Financial Literacy
Use of Instructional Materials and Resources

5. Why Teach Personal Financial Literacy?
“Financial literacy is essential…to the economic health of our nation…Ensuring that young people have the skills they need to make wise financial choices… will help us build a stronger…future…We also know that a lack of financial literacy is a major roadblock on the path of college access and success for too many students.”
(Treasury Secretary Tim Geithner, September 2010.)
What does this mean for your students?
Why teach personal financial literacy? The last few years have really put personal financial literacy in the spotlight. The economy took a serious dip. Jobs became scarce. Foreclosures are at an all-time high. Credit is harder than ever to get. Many people are “upside down” in their debt, meaning they owe more each month than they bring home.
This quote is from the Treasury press release on September 13, It addresses the very important idea that, along with reading, writing, math, science, and social studies, schools need to teach financial literacy. What does this mean for your students?

6. Teenage Spending
The average teenager spends approximately $5,400 each year (National Endowment for Financial Education).
Collectively, teenagers spend more than $172 billion annually – that’s billion!
Today’s high school graduate will earn over $1 million in adulthood.
Let’s take a closer look at teenage spending and see if our young people have the skills they need to make wise financial decisions.

7. When students go out on their own…
Health Insurance
Get Creditworthy
Budget Online
Invest
Live Small
car
low salary
high rent
clothes
furniture
When you’re young, out on your own for the first time, it’s tough. Here’s why: starter jobs come with low salaries, and increasingly without health insurance, rents are high, and they have to deal with a lot of hidden expenses: deadbeat roommates, weddings, travel, safety deposits, and needing everything from furniture to clothing, to a car all at the same time.
So, we are going to talk about some of the most important things that young people need to know to get started on the right foot.
wedding

8. Should Your Teen Have a Credit Card?
1. If you put $1,000 on a credit card and only pay the minimum (2.5 percent) each month at a 21% interest rate, how long will it take you to pay it off?
a. Five months b. Three years c. 16 years
2. If you put $1,000 on a credit card and only pay the minimum (2.5 percent) each month at a 21% interest rate, how much will you have paid in interest alone?
a. $432 b. $1,000 c. $1,694
3. If you are late on a credit card payment, go over your credit limit or miss a payment, which of these are possible?
a. You will not be able to rent an apartment. b. You will not get hired for a job. c. You will not be able to get a cell phone or a student loan. d. All of the above
Suze Orman
1. If you put $1,000 on a credit card and only pay the minimum (2.5 percent) each month at a 21 percent interest rate, how long will it take you to pay it off?
a. Five months b. Three years c. 16 years * 2. If you put $1,000 on a credit card and only pay the minimum (2.5 percent) each month at a 21 percent interest rate, how much will you have paid in interest alone?
a. $432 b. $1,000 c. $1,694 * 3. If you are late on a credit card payment, go over your credit limit or miss a payment, which of these are possible?
a. You will not be able to rent an apartment. b. You will not get hired for a job. c. You will not be able to get a cell phone or a student loan. d. All of the above *

9. Topics that need to be covered with our teens…
Saving and Investing
-How to research, buy, and sell investments
Risk Management
-Decision-Making skills
Spending and Credit
-Buying wisely, pitfalls of credit, overspending
Understanding Income
-Career planning, income sources, taxes, inflation, etc.
Money Management
-Personal financial planning, budgeting, checking accounts, and insurance

10. 2009 Survey… Council for Economic Education - December 3, 2009
Here is a closer look at finance education in our nation’s schools.
This is a Survey of the States 2009: Economic and Personal Finance Education in Our Nation's Schools
Note the number of states with content standards for finance education -only 21 states had content standards in place in 1998…take a look at the jump in 2009, now 44 states have content standards established for finance education!!!!
Council for Economic Education - December 3, 2009

11. Personal Finance Course Graduation Requirement
Arkansas
Georgia
Idaho
Illinois
Louisiana
Maryland
New Jersey
New York
Oklahoma
South Dakota
Tennessee
Utah
Virginia
These are the states that have made personal finance a graduation requirement….
New Mexico and Mississippi also are required to offer Personal Finance
New Mexico and Mississippi –
required to offer Personal Finance

14. Personal Financial Literacy Standards
Jump$tart Coalition Standards for Personal Financial Literacy
CORE COMPETENCIES:
Financial Responsibility and Decision Making
Income and Careers
Planning and Money Management
Credit and Debt
Risk Management and Insurance
Saving and Investing
The Jump$start Coalition, a national consortium of corporate, non-profit, education, and government organizations dedicated to financial literacy, has put together its list of National Personal Financial Literacy Standards. Here are the core competencies.
The U.S. Department of Ed is using these standards to drive financial literacy standards.

15. What topics should Personal Finance Curriculum cover?
Income/Career Planning
Financial Decisions and Planning
Banking
Credit
Saving
Investing
Taxes
This brings us to our next point of discussion—what topics should good personal finance education curriculum cover. No matter what the content standards of a given state are, these major topics have to be covered in a Personal Financial Literacy Course.

16. Grade Levels, Students, Course Length
General Curriculum: 9th or 10th grade
Business Elective: depends on district
Students
Basic Levels: 9th or 10th graders; are not necessarily ready to pursue business as a major
Advanced Levels: 11th or 12th grade; may have already decided to pursue a business degree
Course Length
Semester-long
Year-long
This is how the typical student/grade level breakdown looks for financial literacy courses.
If the course is part of the graduation requirement within the general curriculum, meaning that it is taught as part of the Social Studies or Life Sciences curriculum, it is generally taught in either 9th or 10th grade.
If it is a business elective course, not necessary for graduation, the grade level of students will depend on the district. As a basic finance course, it will probably be taught in 9th or 10th grade. As a more advanced course, it would be taught in 11th or 12th grade. There may even be cases in which two business elective finance courses are offered, a basic and an advanced course.
Depending on district needs and state standards, your course may be a semester-long or a year-long one.

17. Managing Your Personal Finances, 6e
Our best-selling finance title
Full year comprehensive approach
11th & 12th grades – for higher level business course
Great for future business or finance majors
In-depth exploration of finance topics from a business perspective
Covers personal finance and life-long financial planning
Most often used for business elective courses
This is Managing Your Personal Finances. It is our best-selling finance book. It is a comprehensive text with over 700 pages of instruction. It is meant for a higher-level course and fits best within the 11th and 12th grade business elective slot. This is for your future business majors, students who already know that they want a career in accounting, finance, business management, etc.
This book provides a business focus on personal financial planning, so if we think back on the differences between business focus and personal focus, this book is for students who are interested in how businesses manage finances. It also provides deep information on life-long financial planning, everything from banking and consumer purchases to serious coverage of saving, investing, building wealth, and estate planning.
As you can tell, this book is intended to be used in the Business Education department; it is not meant for general curriculum courses.

18. Economic Education for Consumers, 4e
Full year comprehensive approach
Suitable for 9th & 10th grades – intended for lower level business course
Provides broad coverage of personal finance topics
Covers consumer spending and wise purchasing
Provides a business and personal focus for finance topics
Can be used as part of general curriculum, but is intended for a business elective class
Another great option for a finance course is Economic Education for Consumers.
This text is also a full-year approach. However, this is meant for students in the 9th or 10th grade, who are not necessarily planning to become business majors. It is a much less dense text, intended for most students. If Managing Your Personal Finances offers a very deep understanding of finance, Economic Education for Consumers offers a broad one. It covers a large number of personal finance topics and provides excellent instruction without the expectation of future MBAs.
There is quite a bit of coverage of consumer spending and purchasing topics, as well as all the other finance topics, so this book is perfect for a course where both the personal and the business focus is needed.
Because of this, Economic Education for Consumers is the perfect book for either a business elective course or a general curriculum course.

19. Personal Financial Literacy, 2e
Suitable for one semester
Intended for 9th and 10th grade students
Meets the needs of Financial Literacy as a graduation requirement
Intended for general curriculum
Uses a personal focus on financial information
Offers information on personal income, money management, spending, credit, and saving
Finally, this is our newest personal finance text. It is completely unique because it was written specifically to meet the needs of a personal finance course that is part of the general graduation requirement.
This is a one-semester course, intended for 9th or 10th grade students. There is no expectation of future business studies for these students. However, this book does an excellent job of preparing students for making smart decisions about money and developing good financial habits for life!
Of course, this book uses a personal focus to teach everything from getting a job, career choices and income, spending, saving, building and using credit, investing, etc. The idea is to help students develop life-long understanding and comfort with financial decisions, really helping them understand the consequences of decision-making when it comes to their finances, for right now and for the future.

20. Text Title Course Length Grade Levels Covers
Managing Your Personal Finances
Ryan, 6e
Full year
11 and 12
Personal finance
Deep coverage of finance topics
Life-long financial planning
Intended as Business elective
High achieving students
Economic Education for Consumers
Miller and Stanford, 4e
9 and 10
Consumer spending
Broader coverage of finance topics
Wise purchasing
Money management
Lower achieving students
Popular with Family and Consumer Science teachers
Personal Financial Literacy
Ryan, 2e
One
semester
Meets general ed. requirement
Broad coverage of finance topics
Personal focus
Income, money management, spending and credit, saving
Here’s an example of how some of our Personal Finance Texts are broken down by grade level and course length. These three texts align to the Jump Start coalitions standards in Personal Financial Literacy. The one we will be focusing on today is the third one that you see on my screen. Personal Financial Literacy. This text meets the general education requirement for personal finance.

21. Online Resources NEFE www.nefe.org NAF www.naf.org CEE www.ncee.net
National Endowment for Financial Education
NAF
National Academy Foundations (of Finance)
CEE
Council for Economic Education (national)
NBEA
National Business Education Association

22. Many other online resources…
Foundation for Financial Literacy

23. Using Free Resources
Who created the resource? What education credentials do they have?
What is the main purpose of these websites?
Is the content based on curriculum standards? Will it help you meet these for your state? Is there a scope and sequence?
Will you have to create your own materials to teach this content? Do you have time to do this?
We have just spent almost an hour talking about the importance of financial literacy, the fact that it’s information and skills that your students desperately need in order to succeed. But the reality is that many of you are facing budget crises and you are expected to gather your instructional materials from “free sources.” As I already said, I understand. However, before you do, please ask yourselves and your administration these questions.

24. Using Free Resources
Is there any training or professional development available with this content?
How will you assess students using the free resource?
How will your students practice and apply this content?
How will your students connect this content with other academic subjects (integrated curriculum)?
After thinking about all of these questions, you may still decide to use some free online resources to supplement your finance instruction. However, I hope that you can really see the benefits of having instructionally sound textbooks written by experts especially for high school students, correlated to your state standards, written to teach, rather than to sell something, which provide all the assessment and support you and your students need.
Ultimately, this may be a case of “you get what you pay for.”

25. Managing Your Personal Finances, 6e Instructional Resources
Annotated Instructor’s Edition
Student Activity Guide
Student Printed Tests
Ebook
ExamView® CD
Instructor’s Resource CD
lesson plans/outlines
instructor’s resource manual
teaching tools
PowerPoint™ presentations
Spanish Glossary
Instructor’s Edition of Printed Tests
Instructor’s Edition of Student Activity Guide
If your school adopts one of our personal finance texts, you will have a complete instructional plan, with every tool you could possibly need to teach, check, review, practice, assess, and make sure your students “got it.” With a class set of student editions, here are some of the resources available to you.

26. Economic Education for Consumers, 4e Instructional Resources
Instructor’s Wraparound Edition
Instructor’s Resource CD
Student Workbook
ExamView ®
Ebook
Instructor’s Resource Kit
Instructor’s Edition Workbook
Teaching Economics Book
Reteach and Enrich Activity Masters
Business Math, Communications, and Ethics Activity Masters
Alternative Assessment
Spanish Resources
Learning Styles
Using Technology

27. Personal Financial Literacy, 2e Instructional Resources
Annotated Instructor’s Edition
Student Workbook
Ebook
ExamView®
Instructor’s Resource CD
Spanish Resources
Spanish Glossary

28. Where do we start? Personal experience - use as catalyst
Standards and Competencies
NBEA
State
Local District
Jump$tart
Cross-curricular applications
Local parental and business partnerships
Guest Speakers
Web resources
Articles

29. Take a closer look at our Texts for Personal Finance

30. Managing Your Personal Finances, 6e
Author: Joan Ryan
Copyright 2010
ISBN
Managing Your Personal Finances, 6th Edition
Joan S. Ryan - Oregon City, Oregon
ISBN-10: ISBN-13:
752 Pages Casebound
© Published

31. Overview Informs students of their various financial responsibilities
Chapters that not only inform but increase self-awareness and career readiness
Written specifically for high school students
New ways to maximize earning potential
Strategies to manage resources
Skills for the wise use of credit and investing money
Focuses on career readiness, self-awareness, and personal finances

32. Features Alignment with National Programs
Jump$tart Coalition
National Academy Foundation
NBEA standards for Personal Finance
Students become active participants in the business world as
Citizens
Students
Family members
Consumers
Reinforcement and extension in every chapter:
Planning a Career in
Math Minute
Net Notes
Unit Projects
Life Span Plan Project
LSP project that is integrated throughout the text and at the end of the books the students will have a life plan.
National Standards: Aligned with the Jump$tart Coalition for Personal Financial Literacy's National Standards as well as National Business Education Association standards for Personal Finance.

33. Features
Goals at the beginning of each lesson clearly state the learning objectives
Key Terms within the Lesson are identified with page references
Global View features show international connections relevant to personal finance

34. Features
Communication Connection offers speaking and writing activities related to the chapter content.
Math Minute offers a review and practice in basic math skills linked to the chapter topics.
View Points provide opportunities for students to think critically about issues that have no clear-cut answers.
Real-World Connections: An abundance of real-life examples makes the information more relevant and interesting for students.

35. Features
Issues in Your World enriches students’ knowledge by acquainting them with the real-world issues.
Planning a Career in… provides robust career information related to the chapter topic and it incorporates the Career Clusters.

36. Features
Lesson and Chapter Assessments give students the opportunity to tie their learning together and dig deeper into the issues.
Key Terms Review
Check Your Understanding
Apply Your Knowledge
Think Critically
Chapter Summary
Apply What You Know
Make Academic Connections
Solve Problems and Explore Issues
Extend Your Learning

37. Features
End-of-Unit Cases profile real people and describe how they applied the skills presented in this text to their own lives.
End-of-Unit Projects give students hands-on practice applying and extending what they have learned in each Unit.

38. Instructor Resources Annotated Instructor’s Edition Printed Tests
Instructor's Resource CD
IMPACT CD-ROM
Lesson plans and outlines
Animated graphs and figures illustrate key concepts
Instructor’s resource manual
Teaching tools
Definition of terms are reinforced
PowerPoint presentations
Spanish Glossary
Hot Links to relevant websites
Instructor’s Edition of printed tests
Forms to complete and send via to instructor
Instructor’s Edition of Student Activity Guide
Instructor Companion Website
ExamView
ExamView® ISBN-10: | ISBN-13:
Impact CD-ROM ISBN-10: | ISBN-13:
Instructor's Resource CD-ROM (Hybrid) ISBN-10: X | ISBN-13:
Student Activity Guide ISBN-10: X | ISBN-13:
Contains study guide problems and activities for each chapter. Examples are vocabulary, fill in the blank, true/false, multiple choice, and problem solving questions.
Tests ISBN-10: | ISBN-13:

39. Instructor’s Companion Website

40. Personal Financial Literacy, 2e
Author: Joan Ryan
Copyright 2010
Pub Date: January 2011
ISBN:
Finally, this is our newest personal finance text. It is completely unique because it was written specifically to meet the needs of a personal finance course that is part of the general graduation requirement.

41. Personal Financial Literacy, 2e
Three to Know
One-semester course
Fulfills financial literacy graduation requirement
Perfect for all 9th and 10th grade students
3 most important things to know…
One-semester course
Fulfills financial literacy graduation requirement
Perfect for all 9th and 10th grade students

42. 3-4 lessons per chapter that cover financial literacy standards
12 Chapters
Ch. 1: How Your Choices Affect Income
Ch. 2: Income, Benefits, & Taxes
Ch. 3: Your Purchasing Power
Ch. 4: Financial Decisions & Planning
Ch. 5: The Banking System
Ch. 6: Personal Risk Management
Ch 7: Buying Decisions
Ch 8: Preserving Your Credit
Ch 9: Credit Problems and Laws
Ch 10: Basics of Saving & Investing
Ch 11: Saving & Investing Options
Ch 12: Buying & Selling Investments
3-4 lessons per chapter that cover
financial literacy standards
This book is broken into 12 chapters with 3-4 lessons per chapter that cover financial literacy standards

43. NEW Concepts covered in this edition
Job search skills/online job applications
Interviewing techniques
Preparing resumes and cover letters
Benefits/challenges of entrepreneurship
Consumer rights and responsibilities in marketplace
Charitable giving/philanthropy
Health care providers, services, fraud
Simple/compound interest
Some new concepts covered in this edition include…
Job search skills/online job applications
Interviewing techniques
Preparing resumes and cover letters
Benefits/challenges of entrepreneurship
Consumer rights and responsibilities in marketplace
Charitable giving/philanthropy
Health care providers, services, fraud
Simple/compound interest

44. New to This Edition
All features now include a question or activity for application
Sharpen Your 21st Century Entrepreneurial Skills feature incorporates the framework for 21st Century Learning
Exploring Careers has a new focus to link content more closely to the 16 career clusters
Net Bookmark — a short feature that provides chapter-related activities for online research
Take Action — an course-long project provides opportunity to synthesize concepts
In addition to, all features now include a question or activity for application.
Sharpen Your 21st Century Entrepreneurial Skills feature incorporates the framework for 21st Century Learning
Exploring Careers has a new focus to link content more closely to the 16 career clusters
Net Bookmark — a short feature that provides chapter-related activities for online research
Take Action — an course-long project provides opportunity to synthesize concepts

45. Features
Building Communication Skills feature focuses on crucial soft skills that are necessary in today’s competitive environment.
(listening, reading, speaking, writing)
Let’s take a closer look at the features… the
Building Communication Skills feature focuses on crucial soft skills that are necessary in today’s competitive environment.
(listening, reading, speaking, writing

46. Features
Focus On…feature highlights specific topics related to chapter content and supports students’ participation in student organizations.
Focus On…feature highlights specific topics related to chapter content and supports students’ participation in student organizations

47. Features
Success Skills … feature provides information to help students be successful in school, work and personal activities.
Success Skills … feature provides information to help students be successful in school, work and personal activities.

48. Net Bookmark Feature provides opportunities for students to use the most current, relevant information through online research
Net Bookmark
Feature provides opportunities for students to use the most current, relevant information through online research

49. Features
Exploring Careers in….feature presents specific information about careers in the areas identified by the US Dept. of Education as the 16 Career Clusters
Exploring Careers in….feature presents specific information about careers in the areas identified by the US Dept. of Education as the 16 Career Clusters

50. Feature
Take Action feature provides students with an opportunity to synthesize the concepts by participating in an ongoing project throughout the chapter.
Take Action feature provides students with an opportunity to synthesize the concepts by participating in an ongoing project throughout the chapter.

51. End of Lesson Assessment
Key terms review helps students understand and apply key lesson terminology
Check your understanding ensures student comprehension

52. End of Chapter Assessment
Summary provides and concise wrap-up of chapter topics.
Making Academic Connection relates chapter concepts to the “four core” curriculum areas

53. Personal Financial Literacy, 2e Instructional Resources
Annotated Instructor’s Edition
Student Workbook
Ebook
ExamView® Test Generator
Instructor’s Resource CD
Spanish Resources
Spanish Glossary
Guided Practice CD
(workbook activities in Spanish and teachers can just print them off the CD)
This text has a very robust resource package!
Annotated Instructor’s Edition: easily at point of use for the teacher
Student Workbook: review of chapter terms, building communication and math activities, career component.
Ebook:
ExamVIew: test generation software to enhance your assessment and save you time planning!!!!!
IRCD: instructor’s resource cd contains customizable powerpoints, solution files, data files, etc.
Spanish Resources: spanish glossary in back of book and a GUIDED PRACTICE CD. Guided Practice CD contains workbook activities in spanish and teachers can just print them off the CD and assign to their ELL learners. This is huge for differentiating instruction!!!!!!

54. Free Companion Website
This is what the free companion website looks like. All of the items on the left scroll down menu that are padlocked are instructor resources
The non-padlocked items are student resources.
Notice that your teacher resources include solutions to the net bookmark activities, customizable powerpoint presentations, software solutions, supplemental activity solutions, and data files.

55. Just a few items that you will find on that companion website including flash based student review games for each chapter, interactive flashcards, a full glosssary that the student can print out to review terms, web activities and more supplemental activities to further incorporate reading and writing across the curriculum.

56. Personal Financial Literacy, 2e
Author: Joan Ryan
Copyright 2010
Pub Date: January 2011
Managing Your Personal Finances, 6th Edition (next edition 2012)
Joan S. Ryan - Oregon City, Oregon
ISBN-10: ISBN-13:
752 Pages Casebound
© Published

57. Economic Education for Consumers, 4e
Author: Miller and Stafford
Copyright 2010
ISBN
Managing Your Personal Finances, 6th Edition (next edition 2012)
Joan S. Ryan - Oregon City, Oregon
ISBN-10: ISBN-13:
752 Pages Casebound
© Published

58. Bring Economics to life!
Focus on consumer spending and making wise purchasing decisions
Bright, new design
Updated information on important changes in technology, banking, and taxes
Content aligned with Jump$tart coalition National Standards for Personal Financial Literacy
Year-long course
9 & 10th grade – lower levelo

59. Valuable and Relevant Content
Extensive coverage is given to planning for college, retirement, saving, loans, online shopping, and banking.

60. Real-world Applications
Life-Span Plan Project Links all aspects of personal finance to the students’ lives!

61. Maintain Student Interest
Consumer Action
Consumer Alert
Vote Your Wallet
Math Money
NetBookmark
In Class Activity
Consumer Action – interesting lesson opener that highlights a young person facing a real-world consumer dilemma.
Vote Your Wallet – helps students learn about their important political role as a consumer
Math Money – activities that provide continuing review and practice of basic math skills used in consumer decisions

62. Student Resources Workbook Key Terms Review Concepts Review
Critical Thinking
Consumer Applications
Make Decisions
Companion Website
IMPACT

63. Instructor Resources Companion Website Instructor’s Wraparound Edition
ExamView
Instructor Resource Box
Workbook solutions
Printed Test bank
Reteach and Enrichment Activities
Alternative Assessments
Test Preparation and Study Skills
IMPACT

64. Instructor Resource CD
Everything from the Instructor Resource Box is on the IRCD electronically. In addition to the box there are Lesson Plans, PPT slides, and JumpStart Standards Correlation.

65. PowerPoint Presentation

66. What your students learn in this book will have a direct impact on their life today and throughout their future!!

67. Other products available…

68. Session Outline Why teach Personal Financial Literacy?
Personal Financial Literacy covers what topics?
How to teach Personal Financial Literacy
Use of Instructional Materials and Resources

69. For live or recorded webinars and training sessions, visit our TeamUP Training & Services website!

70.
This is your state website. Here you can browse our complete catalog as well as view presentations that have been given in your state. Today, I will be posting our presentation to this state site so that you can reference it as needed.

71.
Visit our new Personal Financial Literacy Community site!

72. Andrea Neff National Sales Consultant Andrea.neff@cengage.com
Questions?
Andrea Neff
National Sales Consultant