Embed Size (px)
Citation preview
Where o’ Where Did All My Money Go?Personal Finance and Teens
Dr. Sherry J. Roberts
2009 Ohio ACTE Conference
• Did you know it is estimated of teens age 12-17: – 47.4% have a savings account;– 11.6% have a checking account;– 15% have an ATM card;– 3.5% have a credit card in their own
name.
*PR Newswire, Jan 7, 2008
• Over thirty percent of high school students use a credit card and more than 80 percent of undergraduate college students have at least one credit card.
• Did you know that the estimated 24.8 million people age 12-17 represent a total yearly income of $80 billion for marketers?
• They are now the prime target for: ”plastic”—debit, credit, and gift cards.
• Of teens ages 14-19, 95 percent have either bought or received a gift card!
Monopoly
Activity 1
• Using Webquests to introduce personal finance
• http://its.guilford.k12.nc.us/webquests/money/finance.htm#resources – This particular Webquest may be used as
a review– It is very simplistic and a good way to
begin using Webquests in your class
Activity 2
• Activity #1– Connections:
• Language Arts, Technology, and Math
– Great review activity• Focus on financing a car
– Can be done in groups of 2-5
Activity 3
• Making Connections– Connections
• Math, Technology
– Review for determining Cash Inflow and Outflow
– SCANS Skills:• Foundation Skills: Basic, Thinking, and
Personal
• Workplace: Resources, Information, and Systems
Activity 4
• Teamwork– Develop a Public Service
Announcement (PSA)• Provide information about good financial
decision making
– Fun activity that allows students to be creative
Activity 5
• Webquest on Paychecks
• http://questgarden.com/49/85/4/070411182518/index.htm
• How Far Does a Paycheck Go?– This is a great webquest to look at how
much you are spending• Does it equal what you are making
Activity 6
• Newspapers in the Classroom– How to do the activity
• Go over abbreviations that can be found in the Classified Ads for housing or employment
• Use to reinforce terms and knowledge
– Handout
Activity 7
• Service-Learning Activity– Four R’s of Taxes– Informative presentation explaining the
Four R”s of Taxes for children• Revenue
• Redistribution
• Repricing
• Representation
Activity 8
• Budgeting– Open Response
• Good writing activities
• Scoring guide is included
– Budgeting activity
• Both make a connection with math
Activity 9
• Making Connections– Career Research: The Past vs The
Present• Can be completed as a group or individually
• Research paper
Where to find information on Careers:• For information on the fastest growing
occupations and occupations projected to have the largest number of increases in employment between 2006 and 2016 go to the Occupational Outlook Handbook— http://www.bls.gov/oco/home.htm .
• If you want to know how much money certain professions pay, go to www.careerjournal.com and type in a job title.
• The United States government also publishes pay information at www.bls.gov.
More web resources:
http://finance.yahoo.com/banking-budgeting
http://moneycentral.msn.com/home.asp
Let’s end
• Many of the activities you have been given are in the workbook, teacher resources, or textbook:– Personal Financial Literacy
• Madura/Casey/Roberts
• Pearson
Questions and Answers
• Contact information:
Dr. Sherry J. Roberts.
615.904.8250
Middle Tennessee State University
Murfreesboro, TN
