Money and Finance

The topics discussed will be how to create personal budget and plans for spending and saving.  Students will also be introduced to taxes and unit costs for goods and services. Emphasis will be on scenarios which offers students an opportunity to prepare for the future.  Students will then move on to looking at credit and debit and how that affects our budgets and our goals.  Understanding the idea of a “needs” vs “wants” mentality is also developed over the time.

Media plays such an important role in our shopping patterns. Students will examine how commercials and advertisements can influence how we buy things in our daily lives and how to avoid persuasive marketing.

Finally, students will also be able to explore various options for investing and saving that can help them reach their financial goals.

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Week 1

• Design simple basic budgets to manage finances
• Examine different spending scenarios.

Week 2

• Concepts of debt and credit
• Financial decisions based on debt and credit.

Week 3

• Taxes collected by different levels of government
• How tax revenue is used.

Week 4

• Costs of good sand services
• Unit rates, bargains, taxes, tipping.

Week 5

• Investing and saving -examining different investing and savings options
• Savings accounts vs other investment options

Week 6

• Mortgages–what kind of house do you want and how much would it cost?
• Loans-is it okay to take loans out for things we need?

Week 7

• Media and how it affects our buying and spending
• Becoming aware of persuasive marketing

Week 8

• Wrap up of topics learned.

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There are not special requirements or prerequisites.  

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