FINANCIAL PLANNING            

This course develops an awareness of the need for care and organization in planning for the wise use of economic resources and financial products available through a study of savings, credit, insurance, banking, investing and financial goals. The students are also made aware of the career opportunities offered by lending institutions.

Week 1 - 9

Journals - Due March 1 use the vocabulary words in the journal.

1)Why do you use Facebook/Myspace?How much time do you spend on it? Do you think it is a good way to communicate? What do you think the future of facebook/myspace will be like?vocab: discombobulated, addle, moil, arrant, pellucid

2)Have you ever fallen in lover from the first sight?  Tell about the first time you've met this person.  What did you feel at that moment?vocab:  self-aggrandizing, pompous, priggish, cordial, genial

3) Tell about the most unforgettable experience you've ever had. vocab:capricious, temerity, stalwart, virago, resolute

4) Have you ever struggled for something and failed?  How did you respond? Have you experienced a feeling of disapppointment and dissatisfaction of yourself? Vocab: meager, lilliputian, pittance, plethora, surfeit,

5) What is your strongest and most determined trait of character?  Do you maintain strong belief and adhere to philosopy?Vocab: Brink-, Brouhaha, Bleak, Bizarre, Blather-

Articles Due on February 2 - Summarize

Share with others while you're still  http://practicalmoneyskills.com/personalfinance/experts/practicalmoneymatters/columns/20090918_passing_wealth.php

Individual Retirement Account (IRA)http://practicalmoneyskills.com/personalfinance/lifeevents/retirement/iras.php

ElderCare: http://practicalmoneyskills.com/personalfinance/lifeevents/eldercare/

Handling the unexpected: http://practicalmoneyskills.com/personalfinance/lifeevents/unexpected/

Loss of a job: http://practicalmoneyskills.com/personalfinance/lifeevents/unexpected/jobloss.php

Death of a spouse: http://practicalmoneyskills.com/personalfinance/lifeevents/unexpected/death.php

Week 1 -Students will Discuss financial planning-Prepare a budget/review budget with parents or caretaker. Chapter 8 - review budget/ facts & Idea , vocab & preparing & adjusting sample budgets.

Play the game - countdown to retirement: http://practicalmoneyskills.com/resources/free_materials/classroom.php

Week 2- Students will :Explain basic steps in the financial planning process. 

Setting goals = short, mid and long term goals.  Chapter 10 - Vocab. /facts & idea and review compound interest - www.Moneyskill.org    lessons 1 - 3

Week 3 Students will:Evaluate a hypothetical situation from a financial planing point of view. work on power point presentation -Planning a Funeral & College Planning teams -

Week 4- Students will Summarize the extent to which financial planning would benefit people of different    financial circumstances - Presentation due 

WEEK #5 Students will: Develop a personal financial plan for a variety of clients.

Week 7 -Students will:  Describe the financial information needed in the data gathering phase of planning.TRade stocks-  

Students will:Explain how a planner analyzes financial data using the components of a financial plan

Week #8 - Students will:  Present their Financial Plan to Prospective Clients & Critique their presentations.

Prepare for Midterm