I CAN explain wise buying Textbook: 2003.OB.1 Define credit and What decision-making steps should be taken when actions. Unit 4: credit terms making a purchase? Chapters I CAN describe the four 15 2003.OB.2 Complete credit main types of shopping forms and applications Explain seven consumer rights. locations. HSFPP 2003.OB.3 Possess general I CAN explain seven knowledge of the following: What are the five characteristics of an effective consumer rights. Modules checking, savings, loans, budget? 1-6 certificates of deposit, I CAN describe consumer investments, IRAs, customer Provide an explanation of the main types of responsibilities. Work services, trust services, ATMs, endorsements. weeks credit/debit card 10 I CAN explore how Oral spending, saving and 2003.OB.4 Understand the Explain the bank reconciliation process? Management values impact your Federal Reserve System Frame: finances. Formative 2003.OB.5 Understand the role What are the main advantages and disadvantages of Time I CAN set financial goals Financial & of FDIC consumer credit? that are specific and measurable. 2003.OB.6 Describe the check Personal clearing system Which kind of loan schedule would be best for very I CAN apply strategies to 4: large loans paid back over a number of years? be mindful about 2003.OG.4 Understand debits Unit March/April/May spending decisions. and credits Describe each of the C’s of credit and explain their I CAN create a spending 2003.OA.4 Apply the concepts purpose. plan to reach my goals. of maintaining a checkbook and reconciling a bank statement I CAN figure out ways to What is the purpose of the Fair Credit Reporting Act? maintain a positive cash flow. 2003.OG.2 Compute simple and compound interest What are the four factors to consider when selecting an investment?
March/April/May Time Frame: 10 weeks Unit 4: Personal Financial Management I CAN explain wise buying actions. I CAN describe the four main types of shopping locations. I CAN explain seven consumer rights. I CAN describe consumer responsibilities. I CAN explore how spending, saving and values impact your finances. I CAN set financial goals that are specific and measurable. I CAN apply strategies to be mindful about spending decisions. I CAN create a spending plan to reach my goals. I CAN figure out ways to maintain a positive cash flow. Textbook: Unit 4: Chapters 15 HSFPP Modules 1-6 Work Oral Formative & 2003.OB.1 Define credit and credit terms 2003.OB.2 Complete credit forms and applications 2003.OB.3 Possess general knowledge of the following: checking, savings, loans, certificates of deposit, investments, IRAs, customer services, trust services, ATMs, credit/debit card 2003.OB.4 Understand the Federal Reserve System 2003.OB.5 Understand the role of FDIC 2003.OB.6 Describe the check clearing system 2003.OG.4 Understand debits and credits 2003.OA.4 Apply the concepts of maintaining a checkbook and reconciling a bank statement 2003.OG.2 Compute simple and compound interest What decision-making steps should be taken when making a purchase? Explain seven consumer rights. What are the five characteristics of an effective budget? Provide an explanation of the main types of endorsements. Explain the bank reconciliation process? What are the main advantages and disadvantages of consumer credit? Which kind of loan schedule would be best for very large loans paid back over a number of years? Describe each of the C’s of credit and explain their purpose. What is the purpose of the Fair Credit Reporting Act? What are the four factors to consider when selecting an investment?
2015-2016%20Business%20Principles%20Curriculum%20Map.docx