Day 5

Lesson Objectives

• Describe what personal finance is.
• Outline the components of effective financial planning.
• Identify focuses of study throughout this course.
• Understand the evolution of America’s dependence on credit.
• Observe and analyze the “normal” American family as it relates to personal finance.
• Develop communication strategies for managing money and discussing financial issues.
• Evaluate your own money personality; identify your money strengths and weaknesses.

Assignment 1.S.1

1. Read each of these statements and mark whether you agree or disagree.

Assignment 1.S.2

1. Make a copy of this Google Document, rename the document to Chapter 1 BOWYL – (Your Initials), and move it into your Chapter 1 folder.
2. Complete the graphic organizer in the document.

Assignment 1.S.3

1. Utilize this Chapter 1 Review to assess your learning from Chapter 1.  You have as many attempts as you need to get as good of a score as you can.  You are free to use your Chapter 1 Textbook when going through this review.

Assignment 1.S.4

1. Make a copy of this Google Document, rename the document Short Answer 1-(Your Initials), and move the Short Answer 1-(Your Initials) into your Chapter 1 folder.
2. Use your Chapter 1 Textbook link to help answer your questions.

Assignment 1.S.5

1. Make a copy of this Google Document, rename the document Case Studies 1-(Your Initials), and move it into your Chapter 1 folder.
2. Read THREE of the cases and write a possible resolution to the problems presented. Remember to apply the personal finance knowledge and principles you have learned in this chapter.

Chapter 1 Folder

• Tomorrow you will turn in your Chapter 1 folder.  This folder should include the following files:
  • Personal Finance Journal-C1
  • New Deal Policy
  • Financial Well-Being
  • Chapter 1 BOWYL
  • Short Answer 1
  • Case Study 1
• If you have not yet completed all of these, use time today to get those finished as well.