Transcript Slide 1
Family Economics &
Financial Education
A Collaborative Project Among:
Project Mission
“Provide educators with no-cost
curriculum materials and the skills and
confidence to effectively teach family
economics and finance”
Curriculum Development
Curriculum developed by educators for educators
The team of educators developed, taught, and
evaluated curriculum materials
– The educators were part of the project’s 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
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 (CTSO’s, Culinary Arts,
Child Development, Entrepreneurship)
Curriculum Types
Over 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
CURRICULUM
DESIGN & CODING
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
Lesson Plan Components
Worksheets
– Test student’s 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 presentations
– Guides student learning
– Created for most lesson
plans
Information Sheets
– Serves as the student’s text
book
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
Curriculum Coding
First Number [1.4.3.A1]
– Curriculum Type
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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
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
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
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
Family Finance
Simulations
Life in… & Life of…
3.18.3.G1
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
Project funded by a generous grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
3.18.3.G1
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
Project funded by a generous grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
3.18.3.G1
Boykin Family
Personal Profile
Race/Gender/Age
Marital Status
Martrell - African American Male, Age 40
De’ara - African American Female, Age 35
Married for 8 years
Occupation
Martrell - Surveyor
De’ara - High School Family and
Consumer Sciences Teacher
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Children
None
Residence
Metropolitan Area
2-5 Million
Educational Level
Martrell - Associate’s Degree
De’ara - Bachelor’s Degree
Have a cat named Melvin who costs $56 monthly
Recently purchased a home
Additional health care expenses for fertility drugs and saving money to adopt a child
Project funded by a generous grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
3.18.3.G1
Spending Plan Process
• Complete a spending plan for scenario;
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Housing;
Transportation;
Insurance;
Food;
Average expenditures;
Credit and Chance Cards;
• Goal is to reach zero
Project funded by a generous grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
3.18.3.G1
Sample Life In…
Housing Options
Mortgage: $1,246.59/mo.
Insurance: $90.67/mo.
Property Taxes:
$405.01/mo.
Repairs & Maintenance:
$433.00/mo.
Down Payment:
House A
$21,980.00
$259,900—A 1963
Total Interest Paid
sq. ft. three story
(over lifetime of loan):
fixer-upper home
featuring 5 bedrooms, $240,850.76
Location: Anywhere
2 bathrooms, family
room, living room,
laundry room w/
washer/dryer, porch,
fenced yard, and 4
car garage.
Mortgage:
$671.02/mo.
Condominium
Association Fee:
$150.00 (covers
water/sewer, garbage,
and building
House B
maintenance)
$139,900—A 900 sq. ft. Insurance: $15.83/mo.
condominium featuring Property Taxes:
3 bedrooms, 1
$218.01/mo.
bathroom,
Repairs &
window air
Maintenance:
conditioning, extra
$83.16/mo.
storage, and pets are
Down Payment:
allowed.
$27,980.00
Total Interest Paid
(over lifetime of loan):
$129,646.10
Project funded by a generous grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Location: Anywhere
3.18.3.G1
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
Project funded by a generous grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Family Economics & Financial Education
Get Ready to Take Charge of Your Finances
Life Of…..
Taylor B. Jones
“A Teenager’s Spending Plan”
Funded by a grant from Take Charge America,21Inc.
Family Economics & Financial Education
Snapshot
Taylor B. Jones
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Attends North Shore High School
Participates in motocross competitions
Member of the chess club
Part time job at Cubby’s Restaurant & Grill
Funded by a grant from Take Charge America,22Inc.
Family Economics & Financial Education
Snapshot
Taylor’s Income and Expenses
• Taylor’s Income
– Cubby’s Restaurant & Grill
• $7.25/hour
• 10 hours a week
• $75.00/ month for tips
Taylor’s Expenses
– Transportation
• Fuel
– Other Items
– Allowance
• $20.00/month
– Gifts
• $50.00 birthday gift
Funded by a grant from Take Charge America,23Inc.
Family Economics & Financial Education
Jones’ Major Family Expenditures Summary
• Browse through page 5-7
• House
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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
Funded by a grant from Take Charge America,24Inc.
Family Economics & Financial Education
Sample Housing Options
House A
A 1963 sq. ft. three story fixer-upper home
featuring 5 bedrooms, 2 bathrooms, family
room, living room, laundry room with
washer/dryer, porch, fenced yard, and 4 car
garage.
Monthly Payment: $2454.32
Utilities: $206.20
House B
A 1016 sq. ft. single story mobile home
featuring 3 bedrooms, 2 bathrooms,
fireplace, porch, shed and small lot.
Monthly Payment: $478.65
Utilities: $170.85
Funded by a grant from Take Charge America,25Inc.
Family Economics & Financial Education
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!
Funded by a grant from Take Charge America,26Inc.
Financial Statistics
Puzzle 5.0.18
Prepare puzzle pieces
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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
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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
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
FEFE WEB SITE
Where to login/Create
an account
Personal Profile
Curriculum Main Page
Career Table of
Contents
Career Research 1.1.2
File Download
Educational Support
Contact Us
Contact Information
Address:
Family Economics and Financial Education
The University of Arizona
650 N. Park Ave Room 427
Tucson, AZ 85721
E-Mail: [email protected]
Web site: www.fefe.arizona.edu
Any Questions?