Lesson Objective: At the completion of this lesson, students will have a better understanding of how they make informed personal decisions that can affect income generation. Supplies Needed: Student Handout 1 SWOT Analysis for College Choices (2 per student) (found in Task 3) Student Handout 2 Definitions and Risks (found in Task 5) Student Handout Answer Key 2 Definitions and Risks (found in Resource Library) Teacher Resource 1 Five Paragraph Essay Rubric (found in Task 7) Video 1 Laugh and Learn about Personal Finance (3:17) (found in Task 1)  References Econedlink: Council for Economic Education. (n.d.). Economic Glossary. Retrieved from http://www.econedlink.org/economic-resources/glossary.php Laugh and Learn about Personal Finance – InvestorED.ca by GetSmarterAboutMoney.ca. Retrieved from https://www.youtube.com/watch?v=w_mU8VX1Arc MBA dictionary. (n.d.). Retrieved November 15, 2014, from MBAResearch and Curriculum Center 

Learning Objectives
Students will be able to
Arrange companies to create a diversified mutual fund or index fund
Evaluate how the composition of a mutual fund or index fund is associated with risk and reward
Analyze the composition of the S&P 500

Approximate Time
Lesson length: 80 mins

Students will be able to:

Explain the difference between multiple types of payment
Evaluate the risk of using peer-to-peer payment apps
Decide which type of payment is best in different situations

In this 60-minute lesson, students will be able to:
- Explain why practicing good digital citizenship is important
- Determine the most appropriate course of action in certain online situations
- Decide how people can be upstanding digital citizens in response to scenarios in social media

Students will be able to:
- Decide when it is best to itemize their deductions and when to take the standard deduction
- Differentiate between employees, contractors, and freelancers, and how that status affects their taxes
- Understand the tax implications of taking on multiple revenue streams
- Choose which types of investment accounts are best for their current and future tax situations

Students will be able to:

Analyze how diversification effects risk when investing
Explain the benefits and more favorable levels of risk when investing in an index fund vs. picking individual stocks
Analyze the long-term performance of an index fund like the S&P 500 alongside the performance of individual stocks

Students will be able to:
- Understand the factors that determine whether or not someone has to file a tax return
- Explain what a dependent is and establish if they can be claimed as a dependent by someone else on their tax return
- Determine whether someone has to file a tax return based on their specific situation

Students will be able to
-Explain what a checking account is used for and why it is important to have one
-Understand the variety of ways they can deposit and withdraw funds from their checking account
-Describe the consequences of not being in the banking system
-Understand various options for payment (cash, check, debit, person-to-person, prepaid card) and determine when to use each type

Estimated Lesson Time:

Students will be able to:
-Understand what herd mentality and FOMO are
-Explain how these two cognitive biases impact our personal finances
-Identify practical steps someone can take to combat the influence of herd mentality and FOMO

ANSWER KEY LINKS: Create a Next Gen Personal Finance (NGPF) account to access answer keys. They will be listed under the Full Year Curriculum tab.

Students will be able to
- Explain the role the FAFSA plays in the financial aid process
- Understand the importance of submitting the FAFSA
- Apply for the FAFSA
- Identify misconceptions and challenges students have that prevent them from submitting the FAFSA
- Read a Student Aid Report (SAR) and understand the role of their Expected Family Contribution (EFC)

Students will be able to:
- Identify what they need to file their tax returns
- Distinguish tax credits from tax deductions and understand how they can lower their overall tax burdens
- Complete a 1040 form to file their tax returns
- Explain how to pay back any taxes they owe or how to maximize a tax refund
- Identify fees and penalties they will incur if they fail to file a tax return or pay back taxes owed

This lesson introduces students to the concept of financial institutions, such as banks, insurance companies, credit unions, investment companies, and more. First, use the briefing (found in Task 1) to teach students about this concept. Then, instruct students to develop informational charts about financial institutions. This briefing is a part of the Introduction to Finance Course Guide. To download it, visit mbastatesconnection.mbaresearch.org and select "Course Guides" under "Curriculum and Instruction."

In this 80-minute lesson, students will be able to:
-Understand how millions of Americans get their health insurance
-Explain the pros and cons of opting into your employer health plan versus buying your own
-Read the fine print on a health benefits form and shop around for a health insurance plan that works for you
-Determine what steps you can take if you are faced with expensive medical bills

In this 70-minute lesson, students will be able to:
-Use online job boards to find and read job postings for open roles that meet your career goals and qualifications
-Prepare for and navigate career fairs and other networking events
-Write an elevator pitch that will leave a positive first impression
-Overcome imposter syndrome when applying for jobs

In this 95-minute lesson, students will be able to:
-Understand the importance of having health insurance
-Identify the various costs affiliated with having health insurance
-Explain how health insurance works and the different types of plans available to them
-Understand how government healthcare programs like Medicaid and CHIP work and who qualifies for them
-Explore steps they can take to lower their medical costs

In this 75-minute lesson, students will be able to:
-Distinguish the similarities and differences between renters and homeowners insurance
-Read the fine print of a rental insurance agreement and a homeowners insurance declaration page
-Appreciate why it is valuable to have insurance for your dwelling, regardless of whether you own or rent a home

In this 45- minute lesson, Students will be able to
- Track and evaluate a sample student’s current spending habits and expenses
- Determine what the student’s priorities and financial goals are
- Explain how a budget can help the student achieve their financial goals
- Create a plan that outlines the next steps for the student to take

In this 60-minute lesson, students will be able to:
● Prioritize budget categories based on needs, wants, and savings goals
● Explain the difference between gross pay and net pay and why net pay is used when creating a budget
● Analyze a pay stub

Learning Objectives
Students will be able to
Explain the advantages of a 401(k).
Analyze who has access to 401(k) accounts.
Compare different types of retirement accounts, including Roth IRAs, traditional IRAs, 401(k)s, and pensions.
Simulate signing up for a 401(k) or IRA account.

Approximate Time
Lesson length: 115 mins

Students will be able to:
-Identify various rules of thumb and strategies to save money
-Determine whether a direct deposit or manually saving is the best strategy for them
-Understand how compound interest works to increase savings
-Explain how to use the Rule of 72
-Recommend different mobile apps that can help them manage and increase their savings