1. Desiree Sartin MHS Business Education
Personal Finance 2012 – 2013
Desiree Sartin
MHS Business Education

2. Sign up for Web 2.0 Tools
Using the internet, sign up for Web 2.0 Tools to aid you with your assignments. You are required to use these tools on a weekly basis.
The username MUST be your firstnamelastinitialgraduationyear (example: desireew2010) & your password will be your birthdate (example: )
Once you are finished as the subject: assignment #1; body: Name, period, address, wiki address, & wordpress address
Sign up for an or
Create a or

3. Weekly Current Events Using the Internet… research Current Events on important issues in our world. All articles must be relevant to 2010.
Find an article online from a newspaper source, Time.com, USA Today, The New York Times, etc., or any other reputable national or local source. Read the ENTIRE article and fill in the statements or answer the questions concerning your article.
Who is the article about?
What is the story about?
When did the story take place?
Where is the event or issue occurring?
Why is this story important?
Predict what you think might happen as this story develops.
Discuss this topic with your peers.
Infer information from the article that is not directly written.

4. Consumer Awareness Competency #1 Managing Your Personal Finances Chapters 28 - 30
Chapters 28 – 30; Read all chapters & summaries
Page 701 Vocabulary terms; 2 – 14 even only
Page 702 Facts & Ideas in Review #1
Page 722: Write a sentence using 5 of the Vocabulary terms
Page 722 – 723 Facts & Ideas #2 & 12
Purchase decisions (28)
Consumer protection/assistance agencies (29 & 30)
Consumer privacy (29)
How marketing and advertising impacts purchases (28)
Consumer Rights & Responsibilities (pg 698) What can you do as a consumer to protect yourself?
Read warranties and guarantees
Read care instructions
Analyze advertisements
Insist on enforcement of consumer protection
Inform consumer protection agencies
Report want, likes, and dislikes to dealers and manufacturers
Find sources of information on products
Suggest, support, and be aware of consumer legislation
Bring in newspaper/magazine advertisements (due Friday)

5. Productivity The Productivity Tree Worksheet
Internet Research: Productivity. Write a Productivity Essay
Define and explain productivity and discuss the various factors that affect productivity. Describe why increased economic output increases the standard of living in a society.
Indicate opportunity costs and economic risks involved to increase productivity of capital and human resources.
Discuss the effects of government expenditures, regulations, and tax policies on productivity.
Directions: Write or type an essay in response to one of the above listed topics. (A-C) This is an in class assignment that is a major grade. If written the essay must be two-pages long. If typed the assignment must be one page double spaced. You must use at least 2 sources from the internet; cite it appropriately.
Define and explain productivity and discuss the various factors that affect productivity.

7. Name_______________________________________ Period: ______________
Define and explain productivity and discuss the various factors that affect productivity.
_________________________________________________________________________________________________________________________________________________________________________________________
The Productivity Tree
Directions: Label the parts of the Productivity Tree. Fruit, Trunk, & Roots. (Also Input, Output, & Process.) Give examples of the parts of the tree. Be specific. Have at least four items for each section.

8. Facts and Ideas in Review: #1, 3, 6, 9, & 13 Purchasing a Vehicle
Using technology, apply budgeting techniques that involve planning for transportation, housing, insurance, and leisure expenses.
Chapter 8
Pages 200 – 201
Vocabulary Terms odd only
Facts and Ideas in Review: #1, 3, 6, 9, & 13
Purchasing a Vehicle
Preparing a Monthly Budget (handout)
Home Ownership vs. Renting (handout)
Budgeting Interview Project (major grade)
My $ Trip Packet Project

9. * * Budget Quiz * * Name: ________ Income Paychecks Total Income
Expenses
Rent
Insurance
Utilities
Gasoline
Clothing
Entertainment & Recreation
Telephone
Car Payment
Groceries
Cable
Personal Care
Total Expenses
Cash Surplus
(Money Left Over)
Allocation of Surplus
Savings
Miscellaneous
Complete the budget by using the following information:
Paychecks: $1800;
Rent $400; Insurance $187.35
Utilities $100; Gasoline $160
Clothing $50; Entertainment & Recreation $100
Telephone $102.08; Car Payment $378.40
Groceries $100
Cable $50, Personal Care $20
Allocation of Surplus: Miscellaneous $100;
YOU DETERMINE THE CORRECT AMOUNT THAT IS LEFT OVER FOR SAVINGS $____________
* * Budget Quiz * *

10. Purchasing a Vehicle What is your dream car???
Can you afford that? Probably not right now!!!
So… let’s choose a more affordable used car…
You are gonna need… insurance, gas maintenance, oil changes, etc.
Let’s discuss!!!

11. Home ownership vs. renting
Use the Internet to research the difference between home ownership and renting.
Is it better to rent or own your home? In the long run which is cheaper?
What is the name and price of two rental properties in McComb, MS.
How much is an average mortgage in this area? Ask your parents.
Find local real estate companies on the Internet price a home. Provide the URL.

12. Personal Finance Budgeting Interview Project
Student:_____________________________________ Period: _________________________
Directions: Interview a man and a woman. Ask them the following questions. Create a budget for both of these people.
Interviewee’s Name: _____________________________________
How much money do you make in a month? What is your career?
Is this a sufficient amount of money per month? What would you like to change about your job?
What are your monthly expenses for home phone, cell phone, water, lights, gas for home, gas for car, rent/mortgage, car insurance, leisure, etc?
How much money is left at the end of the moth?
Reflection question for the student: What is your career choice? How much money does this profession make? Is it enough for you to live off of?

13. Tell why you chose the location on the final slide.
Use the Internet & PowerPoint to plan a vacation. Use only factual information that can be linked/retraced.
Using the Internet plan a vacation out of Mississippi. You have a budget of $ for one person; $ for two people. You must include slides & expenses for the following…
Transportation (Gas to & from Airport, train station, or bus station; price of tickets; rental car, city bus fare, etc.)
Hotel (How many nights X Price per night)
Food (Include restaurant logos, prices for meals, links to websites)
Entertainment/Sight Seeing
Tell why you chose the location on the final slide.
Include wordart, pictures, text, links, etc.
Cite all of your sources; especially the websites you used to estimate prices.

14. Using Microsoft Word & http://wordpress.com
Create a Calendar for the month of your vacation. Place graphics on the dates of your vacation.
In Microsoft Word create a tentative agenda for each day of your vacation.
Type a paragraph that gives a brief history of your vacation spot. Cite your source.
Type a grammatically correct paragraph with five or more sentences that explain why you chose this location as your vacation spot.
Are you taking anyone with you on vacation? How long is your vacation? Did you see all you wanted to see in the time allotted? Did you have any money left over? Were there free museums (etc.) that you could visit?

15. Write a Check to Pay for your Hotel; Using the Internet search for a blank check; fill it in using PowerPoint.

16. Identify banking services and prepare related documents.
Using appropriate software, prepare documents such as checks, registers, deposits, and withdrawals.
Reconcile a bank statement.
Identify various savings mechanisms.
Chapter 9
Pages 224 – 225
Vocabulary Terms (all)
Facts & Ideas in Review: #2, 5, 12
Check Writing Packet
Competency test 10
Ten 11
Eleven 12
Twelve 13
Thirteen 14
Fourteen 15
Fifteen 16
Sixteen 17
Seventeen 18
Eighteen 19
Nineteen 20
Twenty 21
Twenty One 22
Twenty Two 23
Twenty Three 24
Twenty Four 25
Twenty Five

17. 1 10/1/08 Deposit Payroll $2000.00 2 Check #1000 Laurie Davis Realty
You are John or Mary Doe, manage the first 4 days of the month of October. Change check no# to Transaction No#. Transactions follow.
Date
Transaction
For
Amount 1
10/1/08
Deposit
Payroll $ 2
Check #1000
Laurie Davis Realty
$600.00 3
10/2/08
1001
City of McComb Water
$48.32 4
10/3/08
Rent from Roommate
$300.00 5
10/4/08
1002
Southwest Dentistry
$35.08
Complete the check register. Enter all documents in the order presented. What is the ending balance?____________________

18. The following shows your monthly checkbook activity
The following shows your monthly checkbook activity. Fill in the stub and the check. Your beginning balance is $
 You receive a paycheck from a summer job (create the name of a business as your employer to use on the deposit slip) for $ You make a deposit on July 1 using the first deposit slip.
On July 2, you have your car serviced and write a check #501 to Carl’s Auto Service for $93.45.
You buy a CD for $16.08 by writing check #502 to Camelot Music Store on July 3.
Your mother’s birthday calls for some shopping, and you write check #503 for $23.83 to Proffitt’s on July 7.
On July 10, you receive your paycheck for $ Fill in the deposit slip to show a deposit of $250 and the remaining as cash received.
Your monthly stereo system payment of $96 to Sound Investments is due on July 12 and you write check #504 for that amount.
On July 15, a friend gives you a check for $75 to repay a loan you made to him. You deposit this using your third deposit slip.
You purchase some new clothes on July 15 at Maurices and write check #505 for $
You need to get some cash for an evening out, so you use your bank’s ATM on July 16 for a $50 withdrawal.
On July 18, you visit your dentist and write check #506 to Dr. James L. Marsh for $68.
On July 20, you make your monthly car insurance payment of $123. Use check #507 and make the check out to an insurance company of your choice.
On July 21, you deposit $50 in cash into your account from the money you received for your birthday. Use your fourth deposit slip.
On July 22, you purchase party supplies from Big Lots and write check #508 for $26.18.
On July 25, your neighbor gives you $20 for running errands for him. He gives you a twenty-dollar bill but you only want to deposit $10 of it. Fill in the fifth deposit slip to show this.
You purchase some books on July 26 at Waldenbooks for $24.39 and write check #509.
You receive another paycheck for $ Fill in the deposit slip to show a $200 deposit with the remainder being given to you as cash. Use the sixth deposit slip on July 27.

20. Anna Mayer, 6th
Numeric Amount
Check Number
Written Amount
Payee
Account Number
Memo
Date
Name & Address
Signature

21. NAME:

22. Explore the process involved in securing credit and the effects of poor credit management.
Assignments
(Include in PowerPoints)
Chapters 16 – 19
All Vocabulary Terms for Chapters
Read all chapter summaries; pages 398, 420, 439, 460.
Choose a chapter
Create a PowerPoint Presentation on one of the above listed chapters.
Follow the section headings for the chapter such as… in chapter 16– the history of credit, the early 1900s, etc
Change the slide design and add graphics relevant to the topic
Credit Interview Project
Vocabulary Test (Major Grade)
Design a Credit Card
Complete the in-chapter assignment for your relevant chapter (only one):
Chapter 16 Point Counterpoint, page 395
Chapter 17 Personal Perspective, page 407
Chapter 18 Point Counterpoint, page 431
Chapter 19 Personal Perspective, page 453
Complete the following end of chapter assignments for your chosen chapter (only one chapter):
Facts & Ideas in Review (3 Questions)
Applications for Decision Making (Complete 1 Question)
Life Situation Problem Solving (Complete 1 Question)

23. Credit Terms Credit Bureau Credit card Principal Creditworthiness
Simple Interest
Annual Percentage Rate (APR) (441)
Bankruptcy (461)
Debt collector
Collateral
Credit card
Creditworthiness
Fair Credit Reporting Act
Credit(399)
Finance companies
Installment loan
Credit report(421)

24. Credit Interview Project (Test Grade)
Interviewer (Student)________Period______
Interviewee Male Female Age______
Directions: Interview one adult (you may use an alias); have them to answer the following questions; answer all questions.
Do you use credit in any form? If so, how?
Do you feel credit has increased your standard of living? Explain.
 Do you think that Americans in general rely on credit too much?
What advice can you give to people just starting out—beginning to work for the first time and starting out on their own—in relation to credit?
 Do you know anyone with credit problems? What did he or she do wrong?
How many credit cards to you have?
What major purchases do you have planned for the next five years?
 If you need to borrow a large sum of money, what three places, in order of preference, would you go to apply for a loan?
If you found that you were in financial trouble because of credit and had great difficulty paying your monthly bills what would you do?

25. Ch. 18: Simple Interest; p. 429 - 434
The following information will be on your competency 5 test for credit.
Ch. 18: Simple Interest; p
Test Questions
List 2 Advantages & 2 Disadvantages of Using Credit
What is the difference in Chapter 7 Bankruptcy vs. Chapter 11 Bankruptcy?
What are the five C’s of Credit?
What are three credit reporting agencies?
I=_____________
P=$500
R=8%
T=3 MONTHS (3/12) 0.25
P=$1,000
R=18%
T=24 MONTHS (24/12) 2

26. Use a credit card for the rest of your expenses.
Label the Parts of a Credit Card; Create your own credit card using PowerPoint
Use a credit card for the rest of your expenses.

27. Identify basic strategies for making money, stocks, bonds, terminology for stocks/bonds and apply procedures in maintaining a fictitious stock market portfolio.
Chapters 10 – 13
Read all summaries for chapters 10 – 13
Vocabulary Terms Chapters 12 & 13; (pages 295 & 313 odd only)
Create a PowerPoint Presentation on Chapter 10, 11, 12, or 13
Write an essay on one of the following topics (use the Internet & Textbook)
Compare stocks and bonds
Compare and contrast different market economies
Identify and discuss sources for personal finance, family income, savings and investments.
Competency test
S/Stocks.html
Quiz: S/StockBondQuiz.html
_Center/Learn/Stocks_and_Bonds.as p m

28. Personal Finance Unit 6: Money, Stocks, & Bonds
Chapter 10: Saving for the Future Define Measure of how easily a deposit can be converted into cash.__________________________ An ending date on which a certificate is due (must be renewed or redeemed).____________________________ A sum of money in a savings account on which interest accrues._______________________ Fill in the Blank The purpose of savings is to provide for future needs—short- term, ________________________, and unexpected. What are three common places to deposit savings? Chapter 11: `Managing Your Investments Name at least four main sources of financial information: Debt obligations of corporations or government.__________________________________ _ Ownership in a corporation; can be common or preferred.___________________________________
Chapter 12: Investing in Stocks A class of stock whereby the person who owns the stock shares directly in the success of failure of a company.___________________________________ Assigning your vote, as a common stockholder, to another person.____________________ Chapter 13: Investing in Bonds Debt security issued by federal agencies.______________________________ A bond that sells for less than face value.______________________________________ What is the difference between stocks and bonds? ________________________________________________ __ Find an Internet document on Stocks & Bonds. Cite it___________________________________________

29. Develop a working knowledge of the types of insurance available.
Chapters 25 – 27(Read & Take Notes from all summaries)
Create a PowerPoint about a specific type of insurance. Find 3 Internet Sources, Insert pictures (mjr.)
1.) Title Slide, 2.) Introduction Slide, 3.) 3 detailed facts, 4.) Pictures 5.) Give book References 6.) 5 review/test questions for your topic. 7.) Cite Internet & Book Sources
Insurance Terminology: Pages 613 – 614
Facts & Ideas in review
Page 626 #1
Page 644 #s 1 & 9
Page 663 # 12 & 13
Applications for decision making

30. Explore tax functions as related to personal finance and personal payroll.
Chapters 6 – 7
(pg. 146 – 147 )Define the following terms from Chapter 6: deductions, gross pay, incentive pay, net pay, overtime
Facts & Ideas #3, 5
(pg 176 – 177 ) Define the following terms from Chapter 7: gross income, taxable income
Facts & Ideas #1, 4,
Applications for decision making # 1