Family Economics

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Family Economics Financial Education

• A Collaborative Project Among

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Financial Statistics Puzzle 5.0.18

• Prepare puzzle pieces
• Type financial statistics using a large font and
  landscape layout, type one statistic per page
• Print each statistic on different colored paper
• Cut each page into 4-7 pieces, creating a
  separate puzzle for each piece of paper
• Play activity
• Give each participant a piece of a puzzle
• Direct participants to find others that have the
  same color paper
• Once they find everyone with the same colored
  paper, the group must put their puzzle together
  to reveal the financial statistic

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Facilitation Tips

• Once the statistics have been formed they can be
  posted on butcher paper. Give participants the
  opportunity to walk around and give initial
  feedback on the statistics
• Have participants display their statistics in
  different areas of the school or community
• Do fact or fiction statistics instead of all fact
  encouraging discussion among participants

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Four on the Floor 5.0.7

• If a worksheet is in front of a participant,
  he/she must answer one of the questions and write
  down the response
• Then he/she crinkles the worksheet into a ball
  and tosses it across the room
• The participant closest to the worksheet must
  pick it up, answer one of the remaining
  questions, crinkle it into a ball, and toss it
  across the room
• This continues until all questions have been
  answered on the worksheet or until a certain time
  limit has been reached because the questions are
  open ended, the activity can go on for as long as
  seems appropriate for the group
• After the activity is finished, have the last
  participant answer a question and keep the
  worksheet
• Choose one question to discuss first and have the
  participants read the corresponding responses
  aloud
• Discuss the questions and answers

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Facilitation Tips

• Create many sheets with many different questions,
  thus having many different questions being tossed
  around the room at the same time rather than
  having the same four questions being tossed
  around
• Have participants toss the paper to the center of
  the room and retrieve a different one than the
  one they threw

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Project Mission

• Provide educators with no-cost curriculum
  materials and the skills and confidence to
  effectively teach family economics and finance

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Curriculum Development

• Curriculum developed by educators for educators.
• The team of educators developed, taught, and
  evaluated curriculum materials
• The educators were part of the projects Master
  Teacher program
• Educators complete a week-long training, use the
  curricula in their classrooms and provide
  continued support to FEFE through evaluation and
  development of new materials and newly trained
  family finance educators

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Curriculum Development

• Over 100 lesson plans currently available that
  have been tested and aligned to state and
  national standards
• Up-to-date
• Designed using a family based approach and the
  multiple intelligences model, in a ready-to-teach
  format requiring minimal educator preparation.
• Lessons may be taught independently, in units, or
  as a semester course Take Charge of Your
  Finances
• Lessons available for many content courses
  (CTSOs, Culinary Arts, Child Development,
  Entrepreneurship)

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Curriculum TypesOver 100 Lessons

• Take Charge of Your Finances
• Approximately 60 lesson plans designed for
  students grades 10-12
• Get Ready to Take Charge of Your Finances
• Approximately 15 lesson plans designed for
  students grades 7-9, or those with limited
  financial knowledge
• Finance Simulations
• Applied assessments for both Take Charge and Get
  Ready curriculums

• Bulletin Boards
• Create a positive learning environment
• Active Learning Tools
• Quick activities to introduce a lesson, review
  content learned and/or keep students actively
  engaged
• Enhancement Tools
• Project based learning
• Workshop Guides
• The most important content condensed into a 60
  min workshop format

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Beach Ball Toss

• The first time the beach ball is tossed use a red
  marker to write on the beach ball examples of
  expenses
• Continue until the facilitator says stop
• The second time the beach ball is tossed, use a
  black marker to write examples of income on the
  beach ball
• At the end of the activity have one participant
  read off the different types of expenses and the
  different types of incomes indicated on the beach
  ball

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Facilitation Tips

• Place masking tape on the beach ball and instruct
  participants to write on the tape to allow the
  ball to be used multiple times
• Use the same color marker to have participants at
  the end of the activity review expenses and
  income without reading each based upon the color
  it was written in

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Attitudes about money 5.0.2

• 5 different statements have been hung around the
  room
• Instruct participants on their sticky notes to
  write the first thing that came to mind when they
  heard the statement
• Instruct participants to go and hang their sticky
  note by the appropriate poster
• Discuss with participants the statements and give
  some examples of what was written on the sticky
  notes

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Facilitation Tips

• Group Activity
• Have groups share with each other what their
  responses were to the individual questions
• Individually
• Hand out an Attitudes About Money worksheet
  5.0.2.A1 to each participant
• Brainstorm sheets
• Can also use butcher paper for the participants
  to attach their sticky notes to, or they can
  write directly on the butcher paper
• Educator led discussion
• The educator will read the questions and discuss
  answers aloud with the participants

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Curriculum Design Coding
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Ready-to-Teach Design

• Lesson Plan
• Introduction
• All background information
• Body
• Recommended step-by-step facilitation
• Conclusion
• Activity based review
• Materials
• List of necessary supplies
• Resources
• Reference lesson plans, documents, Web sites and
  more for additional information

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Lesson Plan Components

• Worksheets
• Test students knowledge
• Consistent format
• Can be used in multiple ways
• Note taking guides
• Graphic organizers to help participants make note
  of key content within the lessons

• Answer Keys
• Created for all worksheets and assessments
• PowerPoint presentation
• Guides student learning
• Created for most lesson plans
• Information Sheets
• Serves as the students text book

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Curriculum Coding

• Designed to identify curriculum materials in each
  unit and lesson plan
• Code appears in the upper-right corner of all
  pages
• Understanding the coding system is critical to
  effectively navigating the Web site
• Helpful when asking the FEFE staff questions to
  reference the code
• Refer to Curriculum Coding System document

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Curriculum Coding

• First Number 1.4.3.A1
• Curriculum Type
• 1 Take Charge of Your Finances
• 2 Get Ready to Take Charge of Your Finances
• 3 Finance Simulations
• 4 Bulletin Boards
• 5 Active Learning Tools
• 6 Enhancement Tools
• 7 Workshop Guides
• Second Number 1.4.3.A1
• Unit Code 1-30

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Curriculum Coding

• Third Number 1.4.3.A1
• Lesson Plan Number
• Lesson Plans are not listed in recommended
  teaching order
• Fourth Number (Letter and Number) 1.4.3.A1
• Materials Code
• The number after the materials code
  differentiates between multiple materials of the
  same style
• Examples
• 1.4.3.A1
• 2.4.1.L1

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FREE Curriculum!

• All curriculum is available for no cost!
• Must create a user name and password to download
  materials
• Can edit personal profile at any time
• All spaces must be filled in for the profile to
  be created properly
• Can choose to receive important FEFE
  announcements including curriculum revisions, the
  bi-monthly newsletter, and training updates
• Can Contact Us to receive staff support

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Activity Based Learning Model

• Employed Within Every Lesson

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Activities within the FEFE Curriculum

• Twister 5.0.10
• Part of the Understanding Your Paycheck lesson

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Activities within the FEFE Curriculum

• Diving Into Spending Plans lesson

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Activities within the FEFE Curriculum

• Fly Swatter Facts 5.0.28
• Multiple boards can be occurring at once

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Family Finance Simulations

• Life in Life of

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Welcome to Life in

• Research based ready-to-teach family finance
  spending plan simulation.
• Designed to emulate the real life constraints
  households encounter when managing their
  finances.
• Designed as a community of 25 individuals in 18
  households.

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Life in Objectives

• Create a spending plan
• Provide realistic insights into the costs of
  living associated with the spending plan process
• Incorporate the use of the decision making
  process into daily life
• Demonstrate the relationship between income,
  education and career opportunities

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Boykin Family

• Have a cat named Melvin who costs 71 monthly
• Recently purchased a home
• Additional health care expenses for fertility
  drugs and saving money to adopt a child

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Spending Plan Process

• Complete a spending plan for scenario
• Housing
• Transportation
• Insurance
• Food
• Average expenditures
• Credit and Chance Cards
• Goal is to reach zero

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Sample Life In Housing Options
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Facilitation Methods

• Facilitator guided
• Semester course
• Throughout or at the end as an applied assessment
• Workshop (about 3 hours)
• Independent study
• Career development
• Your own creative way

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Family Economics Financial Education
Get ready to Take Charge of Your Finances
Life Of..
Taylor B. Jones
A Teenagers Spending Plan
Funded by a grant from Take Charge America, Inc.
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Click to edit Master title style
SnapshotTaylor B. Jones
SnapshotTaylor B. Jones

• Attends North Shore High School
• Participates in motocross competitions
• Member of the chess club
• Part time job at Cubbys Restaurant Grill

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SnapshotTaylors Income and Expenses
Click to edit Master title style
SnapshotTaylors Income and Expenses

• Taylors Expenses
• Transportation
• Fuel
• Other Items

• Taylors Income
• Cubbys Restaurant Grill
• 5.25/hour
• 10 hours a week
• 75.00/ month for tips
• Allowance
• 20.00/month
• Gifts
• 50.00 birthday gift

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Jones Major Family Expenditures Summary

• Browse through page 5-7
• House
• Family Size
• Hobbies
• Lifestyle
• Other Family Dynamics
• Transportation
• Taylor
• Get to and from work
• Taylor must pay for his own fuel expenses
• Jones Family
• Family Size
• Neighborhood Car pool

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SnapshotJones Family Expenses
Facilitation Acquiring

• Educator facilitated in 3-4 45 minute class
  periods
• Life of Monica Erickson, Life of Ben West, Life
  of Mandy Gonzales, and Life of Carlos Chavez are
  also available
• Others will be coming soon!

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MoneyWorld Squares 5.0.8

• Choose 9 participants to be the activity board
• Activity Board Diagram
• Stand Stand Stand
• Sit on Chair Sit on chair Sit on chair
• Sit on Floor Sit on floor Sit on floor

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MoneyWorld Squares 5.0.8

• The first team selects a square
• Facilitator reads a question to the person in a
  square
• The square answers the question (not the team)
• After the square answers, the team chooses to
  agree or disagree with the squares response

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MoneyWorld Squares 5.0.8

• If the square answers correctly and the team
  agrees with the answer or if the square answers
  incorrectly and the team disagrees with the
  answer, the team gets that square
• The square then holds the letter, X or O, that
  corresponds with the team in front of them and
  the play moves to the next team
• If the square answers correctly and the team
  disagrees with the answer or if the square
  answers incorrectly and the team agrees with the
  answer, the team does not get that square and
  play moves to the next team
• If a team does not get a square, the square is
  not automatically won by the other team

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Facilitation Tips

• If there are not enough participants to be a
  activity board the individuals can play the
  activity by hanging the X and O cards on the
  board and playing a activity of tic tac toe as
  they get answers correct
• If there are enough participants for multiple
  activity boards designate one individual to be
  the host with the questions and answers to help
  facilitation

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FEFE Web site
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Where to login/Create an account
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Personal Profile
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Curriculum Main Page
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Career Table of Contents
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Career Research 1.1.2
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File Download
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Professional Development
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Professional Development

• FEFE Newsletter with curriculum updates and
  important announcements
• Must have indicated Yes on the FEFE Web site
  log-in
• National Conference each June in Tucson, AZ
• A limited amount of grants will be available each
  January
• Week-long annual training conference
• Provide educators with background knowledge to
  teach personal finance
• Allow educators to experience the lesson plans to
  feel more comfortable teaching them
• Provide educators with all of the printed
  curriculum and materials necessary to teach the
  lesson plans
• Network with other professionals

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Educational Support
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Contact Us
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Contact Information

• Address
• Family Economics and Financial Education
• The University of Arizona
• 650 N. Park Ave Room 427
• Tucson, AZ 85721
• E-Mail fefe_at_cals.arizona.edu
• Web site www.fefe.arizona.edu

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Any Questions?