Students will comprehend their paycheck, the voluntary and compulsory withholding of income, basic payroll concepts, and explanations of tax documentation.
Students will be able to understand the processes, rights, and responsibilities of renting, leasing, and purchasing a home. Identify key qualification factors for homeownership, including debt-to-income and loan-to-value ratios, and comprehend the roles of professionals in the home-buying process.
Class Time Needed:
1 Block Schedule Lesson, 75-90 minutes
Students will gain a comprehensive understanding of savings vocabulary and products, the PYF concept, and the importance of preserving principles in the face of inflation.
Class Time Needed: 75-90 minutes Block Schedule Lesson
Students will comprehend essential credit concepts, emphasizing the purpose and role of credit, the significance of maintaining a healthy credit rating, and key terms including APR, grace period, late fees, finance charges, default rates, interest, and closing costs.
Students will be able to explore credit-related concepts and tools, delving into key terms including credit, credit cards, installment loans, revolving credit, student loans, mortgage, payday loans, predatory lenders, and simple interest in this lesson.
Class Time Needed: 75-83 minutes (block schedule class-time)
Students and explores the fundamental concepts of credit, creditworthiness, and the long-term consequences of financial decisions.
Class Time Needed: 75-150 minutes depending on length of discussion, and time to complete notes and manipulatives