1

NO SCHOOL

Discussion of banking features. Take notes during descussion. Click here for outline of discussion.

2

(If you were not here for discussion on banking) - Click on to Money 101 and go to lesson 3. Read the lesson (8 pages) and take the test at the end. After test is complete, show me results of your test

Create a flyer for a bank (use MS Word or Publisher) listing at least six checking account options with a description of the benefits of each. Also, include prices for these options. Use your notes from our discussion on checking account features for reference. By the way, it's your bank, charge what you want. Also, feel free to use your artistic abilities.

3

Update prices of your five stocks.

Using the two-line method of record keeping. No calculator needed!

Keeping a running balance (checkbook register) Worksheet. Use this Excel file to show class how to use a checkbook register.

An example of three transactions on a register.

Reading a bank statement Worksheet

4

NO SCHOOL

"If you are bored with life, if you don't wake up every morning with a burning desire to do things - you don't have enough goals."

5

NO SCHOOL

8

Demonstration of reconciling a checking account

Reconciling a checking account Worksheet

If you missed the discussion on checking go through the Checking Account Coach provided by the Credit Union National Association. This shoulod familiarize you with chekcing accounts.

9

Writing Checks, deposit slips

Endorsing a check:

• Blank
• Restrictive
• Special
• Joint

Check Washing Video. What is check washing?

Checking Simulation-January- The checkbooks are to stay in the classroom. DO NOT TAKE THEM HOME. Write your first and last name on the masking tape that is on your check book. Do not waste any of the checks. Complete the simulation for January. Leave the checks in the checkbook - do not tear out. Put the worksheet in the checkbook and turn into the cupboard for your period.

10

Update prices of your five stocks.

Review endorsements - maybe we could make a quiz out of it just for fun.

Checking Simulation-January- The checkbooks are to stay in the classroom. DO NOT TAKE THEM HOME. Write your first and last name on the masking tape that is on your check book. Do not waste any of the checks. Complete the simulation for January. Leave the checks in the checkbook - do not tear out. Put the worksheet in the checkbook and turn into the cupboard for your period.

Read ch. 4 in textbook. Answer Items for Discussion 1-13, Application 1 & 2, and Case Problem #7.

11

Begin Employee Benefits. Look at my personal pay stub and deductions taken out.

Discussion of employee benefits

12

IRS Video - Taxes and You (the best video made in the last 25 years).

Form W-4 - explanation and filling out. Can you claim exemption from withholding? Not if you are a dependent. Use this tax tutorial to find out what a dependant is.

Tax returns - Filling out 1040EZ using the 1040EZ instructions

15

I heard you guys might be a day off so I will just leave this day blank.

I hope you enjoyed your weekend.

And no C. Harp, I am not torturing my daughter by teaching her to play fundamental defense. You're never too young to learn you know. Besides, I think she likes it.

16

More Taxes - Yeah

Complete Simulation 3 from the IRS website to complete the tax form for Tasha Miller.

Complete form1040EZ for Joe K. Red case study using the 1040EZ instructions (Do not print out the instruction booklet!)

17

Update prices of your five stocks.

Hand back January Checking

Begin February Checking simulation

18

Complete February Checking

Complete 1040EZ form for Julio Deselle

19

Identity Theft

20

22

Rich Dad Poor Dad assets, liabilities, and cash flow

Buying a house

Interest and Rule of 72. Answer questions using whateverr resource you wish to use (Internet, textbook, NEFE workbook, etc)

23

Review for Final - Study Guide

24

Review for Final - Study Guide

25

Finals

26

Finals

27

Review for Final - Study Guide

Finals

29

Memorial Day

Interest and Rule of 72. Answer questions using whateverr resource you wish to use (Internet, textbook, NEFE workbook, etc)

Review Interest and Rule of 72.

Show the power of compounding with time on your hand (Advantage of Starting Early transparency)

Update prices of your five stocks.

Saving and Investing - Read ch. 8 in text (p. 147-161). Terms to understand as you read: Principal, interest, nominal rate, true annual percentage rate (effective yield or effective rate), diversification, liquidity.

Answer applications 1-11 at the end of the chapter.

Article - "Banks reap billions from stealth fees"

Review Saving and Investing Ch. 8 in text (p. 147-161) - 20 minutes

Discussion on compounding, pay yourself first (PYF), time value of money, taxes

Video from History Channel on The Stock Market.

Review Interest and Rule of 72. Understanding the difference between nominal rate and effective yield.

Discussion on compounding, pay yourself first (PYF), time value of money, taxes

Begin Power Point pesentation The Fundamentals of Investing

Complete The Fundamentals of Investing presentation.

Discuss IPO's, Laddering and Insider Trading.

Read article of Certificates of Deposit and answer questions on back.