Students will be able to:

-Identify ways advertisements work on your psychology
-Identify dark patterns you regularly encounter
-Learn why companies use dark patterns

Lesson length: 85 mins

In this 60-minute lesson, students will be able to:
- Identify the advantages of choosing something other than a 4-year college
- Choose an educational path for people who are pursuing a specific career
- Analyze multiple different alternatives to attending a 4-year college

Estimated Lesson Time: 55 minutes

Students will be able to:
-Experience cognitive biases through thought experiments
-Identify various cognitive biases
-Give examples of cognitive biases in your own life
-Explain what cognitive bias is and how it can impact our decision making

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.

In this 100-minute lesson, students will be able to:
-Describe the main types of auto insurance policies
-Explain the relationship between deductibles, coverage limits, and premiums for auto insurance
-List factors that determine auto insurance premiums
-Determine legally required and recommended coverage levels
-Read the fine print of an insurance policy and determine what coverage is provided
-Identify steps to take immediately after an auto accident and successfully file a claim

Lesson Time Estimate: 90 Minutes

Students will be able to:
-Utilize knowledge and strategies to get the best possible financing terms (that meet their individual needs and budget) for a new or used car
-Explain the difference between a car loan and a lease as well as the advantages and disadvantages of each
-Have a backup plan if they find themselves unable to afford their car payments

There is lots of flexibility with this unit. Although it may seem small, this unit allows teachers and students explore topics in greater depth in a lecture/small group discussion format, online discussions, or student led lessons. This resource covers the role of cash management in personal financial management; types of financial institutions; FDIC/NCUA; and cash management products such as savings and checking accounts, bank services, and electronic banking services.

The strength of this unit is the flexibility it provides for teachers and students. The structure of this unit allows for a variety of instructional strategies to be utilized.

Note: this resource was contributed by Todd Williams and authored by Michelle Gibson Herman.

Estimated Lesson Time: 95 Minutes

Students will be able to:
-Explain how to make good choices regarding the use and management of credit and debt
-Understand how credit is typically used in the US
-Calculate net worth
-State the difference between a credit report and score and why each is important

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.

Lesson Objective: At the completion of this lesson, students will be able to create a budget to accomplish personal financial goals. Supplies Needed: Student Handout 1 U.S. Saving and Spending Web Quest (found in Task 1 and Task 2) Student Handout 2 Fast-Forward: Life in 10 Years – A Planning Activity (Found in Task 3) Student Handout 3 Personal Finance Public Service Announcement Rubric (found in Task 4) Student Handout 4 FoolProof: Personal Finance Company’s Guide toMonthly Budgeting (Found in Task 5) Student Handout Answer Key 4 FoolProof: Personal Finance Company’s Guide toMonthly Budgeting (Found in Resource Library) Student Handout 5 Personal Finance Decisions (Found in Task 6) Student Handout 6 What’s Your Budget? (Found in Task 7) Student Handout 6 Answer Key  What’s Your Budget? (Found in Resource Library)   References Econedlink: Council for Economic Education. (n.d.). Economic Glossary. Retrieved from http://www.econedlink.org/economic-resources/glossary.php 

Students will be able to:

-Weigh subscription options for products and services
-Learn about hidden fees and how to avoid them
-Consider the benefits of buying goods second hand
-Evaluate various online marketplace options
-Learn how to stay safe when using buy/sell/trade marketplaces

Lesson length: 75 mins

Bank of America and Khan Academy created an online partnership to educate consumers about the basics of personal finance and money management. Students sign up for free and can accumulate points and earn badges on many topics including credit, taxes, personal banking/security, saving, school expenses, home buying, car buying, and debt. Tools include informative videos, infographics, key takeaways, and short quizzes.

Students will be able to:

-Evaluate the pros and cons of borrowing money
-Propose alternative ways of helping someone rather than lending them money
-Create a repayment plan
-Adjust a repayment plan when one party is unable to follow through

Lesson Length: 60 mins

In this 60-minute lesson, students will be able to:
- Estimate the salary that will be required in order to meet a specific standard of living
- Analyze how a typical American spends their money
- Analyze what it will be like to live on their own
- Adjust a budget based on changing career and life circumstances

In this 90-minute lesson, students will be able to:
- Implement a variety of strategies to save money on groceries
- Calculate the unit price on common grocery items and use it as a part of your decision making process
- Understand how dining out affects your financial goal

Learning Objectives
Students will be able to
Differentiate between income and expenses
Classify expenses into needs or wants
Think critically about how daily choices impact a young person’s budget now and in the future

Approximate Time
Lesson length: 75 mins

Learning Objectives
Students will learn
Factors to consider when deciding where to live, including the cost of living
Benefits of having a roommate and how to set themselves up for success in living with others
How to find and rent their first apartment
How much they’ll need to budget for utilities and renters insurance
How to decide whether to rent or buy a home

Approximate Time
Lesson length: 140 mins

Learning Objectives
Students will be able to
Define the gig economy and freelancing
Understand the financial implications of working in the gig economy
Acknowledge the special importance of saving if you work a gig job

Approximate Time
Lesson length: 100 mins

Learning Objectives
Students will be able to
How to define wealth and differentiate it from “having lots of fancy stuff”
The importance of creating a budget and paying yourself first
Key aspects of three popular budgeting strategies -- 50/30/20, Zero-based, and Cash Envelope

Approximate Time
Lesson length: 80 mins

Students will be able to
-How to define wealth and differentiate it from “having lots of fancy stuff”
-The importance of creating a budget and paying yourself first
-Key aspects of three popular budgeting strategies -- 50/30/20, Zero-based, and Cash Envelope

Students will be able to
-Differentiate between income and expenses
-Classify expenses into needs or wants
-Think critically about how daily choices impact a young person’s budget now and in the future

Students will be able to
- Identify different options for car ownership and the costs associated with these options
- Conduct online research regarding the true cost of car ownership
- Make decisions to budget effectively in order to meet your transportation needs