Thursday, April 27, 2017

Homework for Thursday, April 27

We're working towards completing our work on our lives soon!  I assigned three of the assignments today, but now you can be productive in your homework planning and in knowing what questions you have to ask when you come to class.  Keep on living!

Book Assignment:
Credit Scenarios, page 55
*reference pages for this assignment are 45, 51, and 52.
This is all of the assignments you will receive in your book.  I will work towards correcting them this weekend so you can attend to any redoes you may have before the due date.
FINANCE PARK BOOKS ARE DUE THURSDAY, MAY 4
Late books will receive 10% off their total for each school day they are late.

Folder Assignments:
Both of these assignments have full instructions on one side and the work page on the other side.  Please refer to the directions when your questions pop up ... it's much more efficient than waiting to talk to me in the classroom and having me point to the sentence on your page.  ;-)
13) Clothing - link!
Take special note of who you are buying for and what the specifications are.
You may only use the given websites and you may not use the same website for your Home Improvement.
You may shop at more than one website.
Assume you are paying cash for your clothing purchases.

14) Home Improvement - link!
Take special note of how many items you need to buy and what kinds of items apply to this category.
If you do not have room to describe your items in the box, please use the other side of the worksheet or attach another sheet of paper.
You may only use the given websites and you may not use the same website for your Home Improvement.
You may shop at more than one website.
Assume you are using your credit card for most of these purchases.

Folders will be do on or around May 10, exact date still TBA


Wednesday, April 26, 2017

Homework for Wednesday, April 26

Folder Assignments:
1) Transportation - Fixed (buy a car!) -  Link!
Follow the directions on the worksheet to purchase your transportation for this month.
Be sure to check all of the appropriate boxes every time you check out another car.
Be sure to print the picture of the car, include the gas mileage and the median of the city & highway mileage.
Be sure to print the calculator work page with your final calculations.
*If you have a lucky chance, don't forget it!

2) Variable Transportation (gas & maintenance) - Link!
Save the variable things on this worksheet, like gas & maintenance, until after your car has been approved.
You may fill in the fixed information like your family situation and your mileage to work.

Mo has been approving (or not) housing choices so you can determine your utilities!

Tuesday, April 25, 2017

Homework for Tuesday, April 25

Folder Assignments:
1) Housing - link!
All of the directions are on this worksheet and you must abide by them.  Your grade is in the details ... did you assess your 10% down payment correctly? Did you use your lucky chance if you have one? Did your final payment fall between the minimum and maximum guidelines?
Read the worksheet and follow it step-by-step if you are confused.
Make sure you PRINT your page with the calculator showing.  Then staple it to the back of your aqua housing worksheet and put it into your folder for me to approve at a later date.

2) Water/Sewer/Trash - link!
Once your housing has been approved you may complete this worksheet.  Remember that you must have a phone line, but internet and cable are optional.  We talked about this at length in class, so you know why even if it drives you a little crazy!  ;-)

QUIZ BOWL #5 Questions are due on WEDNESDAY, April 25

Thursday, April 20, 2017

Homework for Thursday, April 20

Book Assignments:
Write a Check - page 57
*You are graded on following these directions precisely!  Ask an adult if you need help understanding what to do or how a check looks.
Checkbook Balance - pages 58-59
*Be careful as you work through the debits and credits, keeping a running balance as you go.  Inaccurate record keeping will lose you points!

Folder Assignment:
Groceries - green sheet
*This was covered in class today and all of your questions are most likely backed-up by reading the helpful information on the work side of this assignment.
*Note - do not transfer this onto your yellow budget sheet until you have had it approved!  (there is another reason too, but we'll talk about that in class)

Wednesday, April 19, 2017

Homework for Wednesday, April 19

Book Assignment: 
#10 - Evaluating Sample Budgets - pg 77
Use the information given in the table to answer the questions.
Have conversations with adults, (not including me) if you need guidance, but remember that the point of these assignments is to use YOUR brain, wisdom, and the given data to draw your own conclusions.
"I don't know," and "Not enough information," and "Because he's not smart," are not acceptable answers ... and there ARE incorrect answers if you misinterpret the question or are too brief.  Be clear!

Folder Assignments:
Unlucky Chance (possibly or not)
Savings and Charity worksheet - sections 1 and 3.

Tuesday, April 18, 2017

Assignments for Tuesday, April 18

Have you had your final NMI approved yet?  Be sure to do so before you begin the Budget Guidelines assignment below.

In your Folder:
Lucky Chance - 
Today we drew lucky chances; this should be written on your assignment sheet.  Once you have completed your lucky chance task, you should check this off on your assignment sheet.  You will be graded on following the directions accurately. ALL of the lucky chances are different and occur at different times in your life.

Life Profile - Link!
You can start on this assignment, but will not be able to complete it until we draw Unlucky Chances.  Fill in as much as you can now!

Budget Guidelines -  Link!
This is the meat of your assignments today.  This is a hefty, important assignment and worth up to 13 points simply for completing the first portions accurately.
Once you have had your final NMI approved you can transfer that number to this worksheet and begin.
USE YOUR FINAL NMI to complete the minimum and maximum guidelines for each of the budget categories.  These guidelines need to be approved before you begin purchasing and will serve as your basis for how much you can (and need to) spend in each of the categories.
You may use a calculator, of course, and copy any percentage numbers that reoccur from one category in another.
We will discuss HOW to use your budget guidelines later!  You should not attempt to complete the "spent" or "balance" portions of this worksheet at this time.



Monday, April 17, 2017

Homework for Monday, April 17

Assignment: Calculate your NMI
*but not including your lucky chance!
Follow the directions on this worksheet ... it's all there.
*The first column is for writing the number of that tax (example: Medicare = $415.00) based on the percent of your GAI.
*The second column is your running total of subtractions and additions.
DO NOT work past the Lucky Chance line!  We will do that tomorrow.
Due in the in-box Tuesday

Finance Park Book:
Stock Quotes: page 39 
Use the table ... seriously.  Don't overthink it, it's all there.  Normally you would read a line plot, but they've already put the data into the table for you!  Most of it is "for the day," at the time the stock market closed yesterday.  Please, just go with it.
*Previous Close is the current price "for the day."
*High & Low both refer to the previous day's data.

Back to the Future: page 41
This assignment is to be done with and discussed with a parent or grandparent.  The point of it is the discussion that happens as you think of different savings scenarios.  Every question needs an answer.
*Note - some people like to answer the questions themselves and have their parents answer them too (in another color) in order to guide the discussion.  Your choice!



Thursday, April 13, 2017

Homework for Thursday, April 13

Book Assignment: Caleb's Budget, pg 73
Be careful, there are tidbits of information scattered about the story, but you can find it!

Wednesday, April 12, 2017

Assignment: Your Federal Income Tax worksheet - Link!
Today you received a pretty complicated (yet simplistic at the same time) form for figuring out your federal taxes.  A few of you came in at break as I suggested and got some help, but the rest of you just might be struggling to figure this form out.  Hint #1 - follow the directions.  Hint #2 - your parents CAN most likely help you navigate this form, so do check with them ... just tell them not to expect actual federal compliance or accuracy. ;-)
Follow the steps, as we did in class today, this time using YOUR GAI to calculate your NAI.  This is a graduated tax, so pay attention to the details.  Your grade will reflect how well you follow these steps using your GAI, so be careful.  You may definitely use a calculator and round to the nearest penny or dollar.
Due Thursday (in the in-basket)

In your FP Book:
Assignment #5 - Paycheck Calculations, page 15 (15 points)
might be struggling to figure this form out.  Let me tell you that your parents CAN most likely help you navigate this form, so do check with them ... just tell them not to expect federal compliance. ;-)
Follow the steps, a
On this page, you have three different scenarios to calculate taxes for.  Jamal will remind you of Kyle, but now you will use proportions to figure out the taxes he pays in each of these categories.  (remember, there were no taxes in Kyle's world)  You will then meet Trey and Marie, both of whom earn salaries as given.  Note that there FICA taxes have different percentages, yet the other tax rates are the same ... with different numerical results.  
Use a calculator, set them up as proportions as needed, round to the nearest penny or dollar (be consistent with your choice), and check it off on your assignment sheet when completed!

Tuesday, April 11, 2017

Homework for Tuesday, April 11

Folder Assignment:  Career Research
Complete this worksheet based upon the CAREER you drew for your life, not about your life situation (family members, etc.).  You may use the internet, real people, or other materials to do your research, but your information must be accurate. 
*Main Ideas: You are looking for trends and generalities about your career remembering that you yourself are most likely not at the top of your career. 
*Your Ideals:  For each of the research categories in "Main Ideas," write your feelings on how your imaginary job matches your actual interests.  Responses like, "Yes, I match," are not answers that will get you credit, so be detailed in your answers.
At the bottom of the page, write your overall thoughts about the CAREER you have drawn.  Be honest!  
And be prepared to have fun with the coming challenges. 
Target Due Date Wednesday - but keep in mind this is just to be inserted in your life folder

Assignment: Life Poster - It's time to represent your new self artistically! 
Posters should be completed with real names and reflect your life situation. 
You are to draw yourself as if you are going to your job; how would you dress as a professional in your field? 
If you have a spouse or children, you will draw them too - make sure you reflect their ages and interests (as you imagine them). 
The "previously known as" line is for the 7th & 8th graders who "lived your life" before you did.
Family portraits should be drawn, inked, and colored directly on the sticker you were given.  I do have extra stickers if you don't like what you've drawn. 
Borders MUST be decorated; the inside of the posters may be.
This is an effort based grade, so put your best effort into it!
Due Friday

Nina, you will need to draw your life when you get back, so you can complete these assignments. Get well soon!

Monday, April 10, 2017

Homework for Monday, April 10

You got a life!!!!
Congratulations to all of you (except Nina), your lives have begun.  You are about to "live" one month in your imaginary life complete with a lucky break and something that goes badly for you.  You will be moving to a new home, buying a car, and making other purchases to fulfill your new average American life.  But that's all in the weeks to come and we'll talk more about things tomorrow.  For today ...

Assignments 1 - 3:  Pages 4, 5, 6 in Finance Park Book
For these first assignments, this is all about you and becoming connected to what you think as an individual.  Think about how you feel and be honest; you are given credit for completing these assignments; there are no "right" answers.  And be sure to read the directions fully on each page so you complete each page correctly!!!!
*these should be written on the assignment sheet taped to the inside front of your FP book.
1) Rate Your Interests - page 4
*complete the table and circle your top three.
2) Rate Your Abilities - page 5
*complete the table based upon what YOU think your ability levels are; do not be overly humble.  If you feel there are other abilities you have that are not represented on this table, please add in and identify any in the "other" lines.  Be sure to complete your top three on the bottom.
3) Rate your Values - page 6
*complete the table based upon what you believe will be important to YOU in your future job.  Be sure to list your top three on the bottom of the page.
Due Tuesday at the beginning of class for full credit.

The Finance Park tab has been added! You can use this page to keep updated on the assignments for both your book and your folder.  Keep up with the assignments as they come your way and you'll be good to go, trust me!