Your Name

1
Your Name
Computer
Your Address
Your Phone
Their Work Phone
Your Parents Name
Skip a line
Things you like to do
Skip a line
Your GOAL this year
Your GOAL after graduation
Skip a line OR on the back
In your life, what is special
2
CLASS INTRODUCTION

• WHAT A STUDENT SHOULD KNOW ABOUT MR FISHER
• WHAT FISHER THINKS ABOUT DO RIGHT INFO SHEET
• CLASS CONDUCT RULES / PROCEDURES CONTRACT
  SIGNED
• ASSESSMENT / RUBRIC OUTLINE
• WHAT A STUDENT SHOULD KNOW ABOUT INSTRUCTION
• WARM-UPS / NOTES ie VOCABULARY
• DAILY ACTIVITIES FOLDER HARD COPIES / CD-ROM
• TEST PROJECTS
• ELECTRONIC PORTFOLIO PERSONAL DISKETTE

NOTE HARD COPIES WILL BE RETURNED IF THEY DO
NOT MEET THE RUBRIC FOR MASTERY
3
PORTFOLIO ASSESSMENT GENERAL RUBRIC MR.
FISHERS BUSINESS EDUCATION CLASS
4
THINGS TO DOCOMPUTER LAB
S
NOW!

• FORMAT DISK
• Click Start, select and click My Computer
• From My Computer, Right click and select Open
• Right click the icon 3 ½ Floppy (A)
• Insert disk in A drive
• From the menu, click Format
• Highlight Full Format, click to start
• When complete, close format and place in A
  drive check floppy
• Place your name on the disk use this to save
  files assigned for a rubric grade and your
  portfolio.

• CREATE A FOLDER
• Click Start, select and click My Documents
• From My Documents, Right click and select Open
• Click on File from the dropdown menu, select
  Newthen click FOLDER
• A folder should appear in the documents file
  called New
• Right click the icon
• From the dropdown menu, select Renamethen click
• Name the folder KBCNotes and place your name
  next to the title
• Use this to save files assigned as notes.

5
Accessing the Internet

• Go to Start click on All Programs select
  Internet Explorer Click
• Connectivity troubleshoot LAN settings
• Go to TOOLS select Internet Options go to
  Connections select LAN settings Go to Proxy
  check select Address 10.11.2.1, then select Port
  80 also check Bypass Proxy click OK, again OK
  close reopen.
• Select your Web Page Search

6
THINGS TO DOCOMPUTER LAB
NOW!

• SEARCH THE INTERNET
• From your INTERNET WEB PAGE, select Search
• Go to a BUSINSS site
• usatoday.com
• businessweek,com
• howstuffworks.com
• business2.0.com
• forbes.com
• Any site related to the world of personal finance
  
• Find an article of interest
• List the title and site
• Provide a brief overview/summary of the article
  in your own words
• Save as Article 1 Print and turn in for a grade.

7
Keyboard techniques by touch

• REVIEW YOUR KEYBOARDING SKILLS
• OPEN A WORD DOCUMENT
• USE THE DRILLS WORKSHEETS
• PRINT THE ALPHABETIC SENTENCES AND SPEED
  SENTENCES USE A HEADER FOR YOUR NAME.
• SAVE AS DRILLS AND TURN IN FOR A GRADE.

8
Resources
Warm-up

• What comes to mind when you think of resources?
• What is the definition of resources?
• What 4 categories do humans have to get what we
  want?
• Which 3 can be increased by choice How?
• Which resource can not be increased in amount?
• List characteristics that relate to individuals
  regarding resource decisions.

9
Resources ideas

• Water, minerals, oil, money
• Anything used to satisfy wants.
• Time, Income, Energy, and Skills (TIES)
• Income (Hrs for ), Energy (rest, nutrition,
  exercise, taking steps to protect your health)
• Time (everyone is limited to 24 hours)

10
The Decision Guide

• People choose.
• All choices involve cost (opportunity cost)
• People respond to incentives in predictable ways.
• People create economic systems that influence
  choices and incentives
• People gain when they trade voluntarily.
• Peoples choices have consequences for the future.

11
Individual Resource Analysis
12
Problem Solve Decision Making
Warm-up

• What does the term SCARCITY mean?
• What is an example of scarcity?
• How do you solve this situation?

13
Problem Solve Decision Making

• Scarcity shortage of resources
• Examples oil/gasoline, rainforest (wood),
  minerals (gold), etc
• Use a problem solving method find alternatives.

14
5 Steps to Problem Solve Decision Making

• Identify the problem
• List the alternatives (possible choices)
• List the criteria (your standard what is
  important in this problem)
• Evaluate the alternatives using the criteria
• Solve the problem use the best alternative

15
Decision Making Grid
16
Decision Making Grid
17
Decision Making Grid

• Evaluate a personal decision made recently or
  think of a decision you will have to make soon
  (real or fictitious). Note You may work with a
  friend.
• Create a grid and follow the steps to determine a
  solution.
• Explain your outcome save, print, and turn in
  for a grade.

18
Problem Solve Decision Making
Warm-up

• What are the factors that can influence a
  decision?
• What are the common decision-making strategies?

19
Problem Solve Decision Making

• Factors that can influence a decision are
• Values
• Peers
• Habits
• Feelings (love, anger, frustration, rejection,
  etc)
• Family (what families want/dont want, siblings
  decisions)
• Risk and consequences
• Age (minor-adult)
• Common decision-making strategies are
• Spontaneity ?Desire
• Compliance ?Avoidance
• Procrastination ?Security
• Agonizing ?Synthesis
• Intention

20
Problem Solve Decision Making

• From the list of problems
• 1. Determine the factors that can influence a
  decision
• 2. Determine a strategy, and
• 3. Provide a solution.
• Scenarios (480, 590, 6100)
• Your friend tells you she is pregnant.
• You know your friend is cheating
  (boy/girlfriend).
• You know someone in class who has been stealing.
• You went to a party without permission, got
  busted by a friends parent and you could get
  grounded if they tell your parents.
• You know or part-take in illegal activities that
  lead to someone else getting in big trouble and
  are asked to snitch.
• You start a rumor at school that gets your friend
  in trouble.

21
Setting Goals
Warm-up

• What are goals?
• What are the type of goals?
• What is an action plan?

22
Setting Goals

• A Goal is an objective desired outcome or a
  desired state of affairs of a person
• There are 3 types of goals short, medium, and
  long term
• An action plan is a specific, measurable and time
  targeted objective.

23
My Goal Priority Action Plan
24
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25
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26
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27
Careers Planning

• Create a personal file of websites
• Search words careers related to your interest
• Minimum of 3 sites try Occupational Outlook
  Handbook
• Use the following categories
• State Links
• General career links
• Specialized (your interest) links
• Save and print for a grade

28
Careers Planning

• Identify careers examine personal
  characteristics.
• Complete the following (handout - typed)
• Initial Career Choices
• Getting To Know Me
• Seven Intelligence Overview
• Learning Styles Inventory
• Save and turn in for a grade.

29
Job Information Search

• Go on line and key in OCCUPATIONAL OUTLOOK
  HANDBOOK
• Use the handout provided select 3 jobs form your
  Initial Career Choices
• Complete the handout categories listed all
  information can be found at the OOH site
• Turn in for a grade when completed.

30
Work to date Review

• Test review Make sure all notes are up to date
  for the test topics
• Resources
• Problem Solving
• Goals
• Complete your Learning Styles Inventory Handout
  any other assignments
• Individual Resource Analysis Table
• Decision Making Grid
• Problem Solving Scenarios
• Goal Priority Action Plan
• Initial Career Choices
• Getting To Know Me
• Seven Intelligence Overview

31
Tomorrows Jobs

• Read the handout provided YES, READ!
• Analyze the charts/graphs
• Use the article as a guide to interpret the data
• Write a brief statement describing what the
  chart/graph represents
• Complete and turn in for a grade
• NOTE Test to follow on this topic!!

32
How Income Affects Career Goals
Warm-up

• What are 2 opposing views of work?
• What are assets?
• What are the primary factors influencing job
  choices?
• What are secondary factors influencing job
  choices?

33
How Income Affects Career Goals

• Career View work as
• Just a job short term, personal conflicts, too
  demanding, too little pay
• As a career excitement, positive, long term
  commitment, advancement opportunitities
• Assets what you own or possess
• Greatest asset is earning power talents, skills,
  profession

34
Factors Influencing Job Choices

• Primary Factors
• Education
• Skills
• Job Availability
• Anticipated Earnings
• Personal Needs

• Secondary Factors
• Time Availability
• Transportation
• Cost

35
Start the Paper Work

• Complete a job application
• Have all your personal information with you.
• Pick it up return it completed ASAP.
• Neatness counts PRINT vs. cursive writing.
• Bring scrap paper to pre-write any required
  responses dont cross out or misspell.
• W4 Tax Document must be completed in order to
  get paid

36
Getting a Job
Warm-up

• What do employers want?
• What is meant by the slogan First impressions
  are lasting impressions

37
What Employers Want

• Employers want the following
• Willingness and ability to learn
• Versatility and flexibility
• Good reading, writing, and math skills
• Communication skills (how you talk, listen and
  understand manners included)
• Problem solving and creative thinking
• Ability to work with others
• People judge you as soon as they meet you how
  you look, speak even smile and shake hands
  (usually males), so turn on the charm!

38
Start the Paper Work

• Complete a job application 2
• Have all your personal information with you.
• Pick it up return it completed ASAP.
• Neatness counts PRINT vs. cursive writing.
• Bring scrap paper to pre-write any required
  responses dont cross out or misspell.
• W4 Tax Document must be completed in order to
  get paid

39
Paychecks Deductions
Warm-up

• What is gross pay?
• What are payroll deductions?
• What are taxes? Give 3 examples.

40
Paychecks Deductions

• Gross Pay/Income The total amount of income
  from wages or salary BEFORE payroll deductions
• Wages Hourly pay (7.79) times the number of
  hours worked (40)
• Salary Pre-determined amount of pay based on a
  40 hour work week (320.00)

41
Paychecks Deductions

• Payroll Deductions Amount subtracted from gross
  income resulting in Net Income or take-home pay
• Taxes Fees placed on income, property, or goods
• Federal Income Tax collected by the employer
  and paid to the Internal Revenue Service (IRS)
• Based on amount earned number of exemptions
  elected on your W4 withholding statement
• State Income Tax collected by the employer and
  paid to the State department of Revenue
• Social Security Tax a set of gross income
  collected from the employee and matched by the
  employer to fund the SS Program
• Employee Benefits may include health Insurance,
  retirement, discounts, dues, etc.

42
The Amount of Pay to Expect

• Wages (Sussex County, DE)
• http//www.delawareworks.com/oolmi/welcome.shtml
• http//www.delawareworks.com/oolmi/resources/Wages
  2005.pdf
• OCCUPATIONAL TITLE
• Total all occupations
• Employees ()Mean ()Entry ()Exp ()Median
• 70,650 14.57 7.79 17.95
  11.57

43
The Amount of Pay to Expect

• Find a part-time job and list the hourly wage.
• Now, assume you work 20 hours what is your gross
  pay?
• Next, you are Exempt no Federal Income taxes
  come out but you have FICA (social security)
  deducted (.0765)
• State taxes are 2
• Calculate your amount save the info.

44
Calculating Payroll

• Open an Excel workbook use the sample to copy
  the labels and formulas.
• Create 5 employees hours are as follows 20, 32,
  40, 42, 50 use DE pay rates for each one.
• Input data
• Go to the Federal State withholding tables
  input data
• Save as Taxes Print for a grade.

45
Paychecks Deductions
Warm-up

• What elements of a paycheck are important to you?
• What information do you find in the Tax Tables?

46
Paychecks Deductions

• Compare the gross pay and the net pay to insure
  the proper amounts were taken out.
• The Tax Tables provide the withholding amount
  related to the taxable gross.

47
Calculating Payroll

• Open an Excel workbook use the SAVED sample to
  use the labels and formulas you need.
• Create 5 employees determine their hours, their
  hourly wage input your data.
• Go to the Federal State withholding tables
  input data
• Save as Payroll Print for a grade.

48
Planning/Budgeting
Warm-up

• What is a budget?
• How does your paycheck relate to a spending plan?

49
Planning/Budgeting

• A budget is a plan of action used to meet
  financial goals.
• Since a paycheck determines the amount you have
  earned for a specific time period, it provides
  you with the facts needed for a spending plan.

50
Planning/Budgeting

• Create a table that will help in developing a
  spending plan.
• Make a list of 5 to 10 spending objectives.
• Establish a date to achieve each and how many
  weeks, months, etc. it will take.
• List your Total Cost and the savings and/or
  earnings each pay to meet each.
• Save as Budget Print for a grade.

51
Budget Plan
52
Managing Credit
Warm-up

• Explain the following 3 terms
• Credit
• Debt
• Finance Charge
• Explain what is meant by getting into debt is
  much easier than getting out of debt.

53
Managing Credit

• Credit amount of money loaned to you based on
  your ability willingness to repay
• Debt What you owe with an obligation to repay
• Finance Charge A fee for using credit
• Using debt can be helpful, but overuse/abuse can
  lead to financial hardship and more debt than
  income.

54
Managing Credit

• Research the topic CREDIT.
• The following are some possible key words for the
  topic.
• Credit cards
• Credit score/history
• Debt ratio
• How to apply, get started, etc
• The following are some possible topics.
• Importance of managing credit
• Cost of credit
• Identify sources of credit
• The advantages/disadvantages of credit
• Steps to get out of debt
• Factors to consider when using credit
• Create a short essay or develop a presentation to
  cover your topic CITE your sources.
• Minimum of 3 Paragraphs/Slides Intro, Body of
  Info, Conclusion
• Save as Credit Print for a grade.

55
Calculating Credit
Warm-up

• Explain the following terms
• APR
• Monthly rate
• Available credit
• Credit line/limit
• Closing date
• Due date
• Account balance

56
Calculating Credit

• APR annual percentage rate, total for the year
• Monthly rate interest rate charged per month
• Available credit difference between total
  credit and purchases
• Credit line/limit maximum credit you can use
• Closing date end of the billing cycle
• Due date payment must be received by this date
• Account balance amount owed

57
Credit Card Statement

• Complete the handout
• Intro to Credit Cards
• Credit Card Statement
• Reading a Credit Card Statement
• Read the directions and fill in the blanks.
• Check your calculations
• Check the reasonableness of your answers
• Review to insure correct responses
• Turn in for a grade.

58
Calculating Credit
Warm-up

• More terms to explain
• Price
• Cost
• Down Payment
• Amount Financed
• Interest Rate
• Amortization

59
Calculating Credit

• Price The amount a customer pays.
• Cost The amount a seller pays.
• Down Payment of total, generally required by
  the financing company.
• Amount Financed Remaining balance borrowed
  after the down payment.
• Interest Rate The amount paid to use someone
  else's money.
• Amortization Calculating loan payments,
  interest payments the balance over the length
  of the loan.

60
Financing a Car

• Make a 6x6 Table to compare/contrast your
  research for your first car try these column
  headings
• Type of car (year, make, model), Down Payment, 
  Amount Financed,   Interest Rate, 6 for 36 or 48
  Months, Payment per month, Total Yearly Payments
• Assume all financing requires a 10 down payment,
  and that the remaining cost of purchasing a car
  will be financed.
• To calculate, use an amortization Table Go to
  http//www.mrkent.com/calculators/amator.asp
• Save as Finance, Print for a grade.

61
Finance Table Sample
62
Financing a Car

• Comparing interest rates
• Find 3 companies that will finance at least one
  of the selections you made earlier.
• Go to LOCAL bank sites to see the rates
  available update your chart with the real
  rates.
• Know the requirements for a loan think in
  regards to a parent co-signing a loan.

63
Auto Insurance
Warm-up

• What is Insurance?
• What are Premiums?
• What is Auto Insurance?
• What are the types of coverage?

64
Auto Insurance

• Insurance defined as a contract (called an
  insurance policy) where one party (insurer)
  agrees to pay another party (insured) for losses
  affecting the insured's interests (the insurable
  interest).
• Premium the consideration that the insurer
  receives for paying the loss.

65
Auto Insurance

• Automobile Insurance - provides coverage for
  automobile accidents and damage to the insured's
  automobile.
• The types of coverage are
• Liability - covers damages if the (insured)
  driver injures someone or damages someone's
  property in an automobile accident.
• Collision insurance - pays for damage to the
  insured automobile when it is involved in a
  collision.
• Comprehensive insurance - covers damage to the
  insured automobile resulting from causes other
  than collision (Ex. - hail).

66
Auto Insurance Facts

• Go online Key in Auto Insurance Facts
• Make a list of at least 3 sites providing
  information regarding auto insurance statistics.
• From the 3 sites come up with 10 to 12 TIPS that
  students should know for understanding.
• Some TIPS should address such issues as Cost,
  Coverage, Vehicle type, Age, Demographics, etc.

67
Auto Insurance Rates
Warm-up

• How are rates determined?
• How are rates listed?

68
Auto Insurance Rates

• Rates are determined by several variables, such
  as age, demographics, type of vehicle, driving
  record, etc.
• Rates are listed in a series (100/200/50) of
  maximum dollar values representing Liability,
  Collision, and Comprehensive coverage.

69
Auto Insurance

• Complete the handout
• Car Insurance
• Read the directions and fill in the blanks.
• Check any calculations
• Check the reasonableness of your answers
• Review to insure correct responses
• Find an article relating to teenage drivers
• Summarize (3 paragraphs) the article in your own
  words
• Turn BOTH in for a grade.

70
Time Management
Warm-up

• What is Time management?
• What are time management tools?
• How can you get the most out of your time?

71
Time Management

• Time management is the ability to manage
  ourselves and what we do with the time that we
  have, since we are all limited to 24 hours.
• Time management tools are used to track your
  schedule commitments and generally a calendar is
  sufficient.
• To get the most out of your time
• Prioritize
• Stop wasting time
• Create goals with time limits
• Establish routines

72
Time Management

• Go online Key in Time Management
• Make a list of at least 3 sites providing
  information regarding time management.
• From the 3 sites come up with 10 to 12 TIPS that
  students should know for understanding.
• Some TIPS should address issues
• Prioritize
• Stop wasting time
• Create goals with time limits
• Establish routines