VAULT - Making good Money Decisions
YOUNG ENTREPRENEUR SHARK TANK VIDEO 1
YOUNG ENTREPRENEUR SHARK TANK VIDEO 2
MONEY WORD SEARCH
MONEY, Could you work at a store?
MONEY PUZZLE
FOOTBALL AND MONEY
FINAL TEST
START 9/28
RESPONSIBLE MONEY CHOICES #1 of 6
Good and Bad Decisions with Money-
An overview of the difference between good and bad financial decisions and the benefits of making responsible choices around saving vs. spending.
Understanding Money - An overview of different financial sources (e.g., banks, family, etc) that people can use to make good financial decisions.
• Making Your Own Money Decisions - Tips and strategies for making good financial decisions, including identifying wants vs. needs and creating a savings plan to meet long‐and short‐term goals.
• Understanding Others - A discussion of the value of going to family or other adults for financial information and learning from their past experiences.
• Controlling Personal Information - A discussion of what personal information can be disclosed and what would be considered a safe vs. unsafe circumstances to disclose personal information.
Game 1: The Cell Phone Blues A branching simulation in which users are tasked with helping a character make responsible choices in order to save money for a purchase.
Game 2: The Protector An interactive game in which users act as a “Protector” and decide what information, if any, other characters can disclose in various circumstances
An overview of the difference between good and bad financial decisions and the benefits of making responsible choices around saving vs. spending.
Understanding Money - An overview of different financial sources (e.g., banks, family, etc) that people can use to make good financial decisions.
• Making Your Own Money Decisions - Tips and strategies for making good financial decisions, including identifying wants vs. needs and creating a savings plan to meet long‐and short‐term goals.
• Understanding Others - A discussion of the value of going to family or other adults for financial information and learning from their past experiences.
• Controlling Personal Information - A discussion of what personal information can be disclosed and what would be considered a safe vs. unsafe circumstances to disclose personal information.
Game 1: The Cell Phone Blues A branching simulation in which users are tasked with helping a character make responsible choices in order to save money for a purchase.
Game 2: The Protector An interactive game in which users act as a “Protector” and decide what information, if any, other characters can disclose in various circumstances
1. What are financial decisions?Why are they important? What type of information do you need to make a good financial decision?
2. What is the difference between a “want”and a “need”? Use an example from the Vault™' activity
3. What(is(a(good(way(to(determine(if(you(need(something,(or(just(want(it?(What(are(some( reasons(to(NOT(purchase(something(you(don’t(need?
DEFINE:
Short-Term Goal
Long-Term Goal
Need
Want
Opportunity Cost
2. What is the difference between a “want”and a “need”? Use an example from the Vault™' activity
3. What(is(a(good(way(to(determine(if(you(need(something,(or(just(want(it?(What(are(some( reasons(to(NOT(purchase(something(you(don’t(need?
DEFINE:
Short-Term Goal
Long-Term Goal
Need
Want
Opportunity Cost
DUE 10/16
FUN MONEY GAME FOR WHEN YOU ARE DONE!
#2 of 6 INCOME AND CAREERS 10/19-11/6
Define:
Job
Career
Entrepreneur
Questions:
1) What is the difference between a job and career? What are some jobs and careers you are interested in and why?
2) Discuss careers that people you know have chosen. Why do you think they have chosen those careers.
3) How does reading and math help you in your journey towards a career or job you may want. Explain. DUE 11/6
GAME FOR WHEN YOU ARE DONE
#3 of 6 Making Plans with Money 11/2- 11/20
DEFINE:
EXPENSE
INCOME
BUDGET
BALANCED BUDGET
1. Why is it important to have a balanced budget? What are some types of household expenses you will have to budget for when you get older?
EXPENSE
INCOME
BUDGET
BALANCED BUDGET
1. Why is it important to have a balanced budget? What are some types of household expenses you will have to budget for when you get older?
#4 CREDIT AND BORROWING
Complete Online World During Thanksgiving Break
#5 INSURANCE AND SAFETY
DEFINE:
1. Risk
2. Health insurance
1. Give 2 examples of financial risk.
2. What are some things that could be considered a personal risk.
1. Risk
2. Health insurance
1. Give 2 examples of financial risk.
2. What are some things that could be considered a personal risk.
GAME FOR WHEN YOU ARE DONE (NFL ADVANCED MONEY SKILLS)
#6 Saving and Investing
WRITE THE DEFINITION FOR:
- Saving Account
- Investing
- Expense
- Budget
- How do you save money? What do you think is the best way to save money?
- With everything you have learned, what is the #1 thing you took away from this program?
After completing the program students will:
• Demonstrate financial responsibility by making well‐informed financial decisions
• Identify ways to make money now and in the future
• Identify career possibilities to pursue based on income and area of interest
• Demonstrate responsible saving and spending
• Understand the value of sticking to a budget
• Understand the difference between buying something cash vs. credit
• Demonstrate an understanding of credit history and its importance
• Recognize the value of saving and investing
• Prioritize needs and wants and understanding how doing so helps determine path for the
future
• Demonstrate an understanding of financial risk and the need for insurance
• Recognize the value of giving to charity