Monetary Mindfulness for High School Students

Upon successful completion of this course, students will be able to do the following:

Unit 1
Identify types of income.
Explain the three types of expenses.
Understand ways to save money.
Describe the ways people give.
Differentiate between assets and liabilities.
Classify assets into short or long-term.
Classify liabilities into short-term, long-term, or contingent.
Complete a personal financial statement.
Explain the difference between gross and net wages.
Understand types of wage withholdings.

Unit 2
Apply basic financial theories to everyday financial decisions.
Differentiate between financial account types.
Know how to open a checking and savings account.
Reconcile a checking and savings account.
Write a check.
Explain types of investment tools.
Differentiate between stocks, bonds, mutual funds, and other investments.
Distinguish between a secured loan from an unsecured loan.
Calculate a loan payment.
Describe a creditor's loan approval process.
Read and understand a credit report.
Explain the components of a FICO Score.

Unit 3

Identify financial pitfalls.
Describe healthy financial habits.
Create a budget.
Manage a budget.