1 / 14

Personal Finance

Competency 2.00 Understand economic challenges of individuals and families. Objective 2.02 Understand threats to financial security. Personal Finance. 2.02A “Get Rich Quick” Wouldn’t it be nice if we could “GET RICH QUICK!” Scan the questions on your handout.

elu
Download Presentation

Personal Finance

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Competency 2.00 Understand economic challenges of individuals and families. Objective 2.02 Understand threats to financial security. Personal Finance

  2. 2.02A “Get Rich Quick” • Wouldn’t it be nice if we could “GET RICH QUICK!” • Scan the questions on your handout. • We will answer the questions directly after we read aloud “Easy Money” pages 95-105 in Chad Foster’s Financial Literacy for Teens. Easy Money

  3. What consumer behaviors can threaten a person’s financial security and lead to financial losses? • What scams and schemes can lead to financial losses? • How can a consumer communicate caution and report incidents of fraud? Essential Questions

  4. Use for reference during this objective. Key Terms

  5. Scams and schemes could not occur without cooperation from their victims. In the space provided, develop your own graphic organizer to represent the content. Consumer Behaviors Lead to Losses Failure to Protect Failure to Plan Consumer Behaviors Failure to Communicate Failure to be Informed

  6. Many types of scams and schemes can threaten financial security, and new scams are being invented each day. Develop your own graphic organizer to represent the content. Beware of Scams and Schemes Scams & Schemes

  7. Conduct research on the internet to find an example of one of the types of scams and schemes. Write an original newsflash including all the parts of a news story following the directions on the handout. Newsflash: Example of a Scam or Scheme

  8. Anyone know the odds that any person who purchases a lottery ticket will be a winner? Conduct research on the internet to find a lottery. Find odds as either “percentage of chance to win” or “1 chance in . . .” Lottery Winner Odds

  9. What consumer behaviors can threaten a person’s financial security and lead to financial losses? • What scams and schemes can lead to financial losses? • How can a consumer communicate caution and report incidents of fraud? Essential Questions

  10. Brainstorm examples of communication media that can be used to alert family and friends. Follow the directions on the handout to complete Part One. Your partner with whom you communicated will complete Part Two. Beware! Tell, Tele, Text or Email It

  11. What consumer behaviors can threaten a person’s financial security and lead to financial losses? • What scams and schemes can lead to financial losses? • How can a consumer communicate caution and report incidents of fraud? Essential Questions

  12. Where to report fraudulent scams and schemes? Develop your own graphic organizer to represent the contents. Draw a Tree Chart – Write the details as the branches. Reporting Scams and Schemes

  13. Complete individually. (On the back of the Key Terms) • Summarize what you have learned by completing the following sentence in your notebook: • Don’t expect something for nothing because . . . . • Complete Study Guide 2.02 Key Terms Puzzle – Scams and Schemes

  14. Have each student design a poster on paper or poster board. Each poster should depict a scam/scheme in combination with one or more consumer behaviors that lead to financial loss. Poster

More Related