GOOGLE CLASSROOM: pxv6nnr
QUESTION OF THE DAY
At the beginning of class, there will be a “Question of the Day” on the screen (also available right here on the class website). You should do your best to write a complete response (25 word minimum) to the question and EMAIL it to me. If you aren’t sure about what to write, please ask! No credit will be given for late QODs, unless you were absent that day. My email address is firstname.lastname@example.org.
What exactly is CREDIT? What are some of the Pros and Cons of credit?
List five sources of credit. For each of the sources, list what the most common uses might be.
Explain the BENEFITS and COSTS of using credit in your own words. (Give 3 examples of each).
No QOD - Pumpkin Carving!
Give examples of Manual and Electronic Payment Options. Explain the ADVANTAGES & DISADVANTAGES of each.
Give as many examples of CONSUMER LOANS as you can think of. Which ones are secured? Unsecured?
What are 5 helpful hints for establishing and maintaining good credit?
If you get into trouble overspending on credit, what are some of your options for getting UNSTUCK?
What is the purpose of BANKRUPTCY? Explain the difference between Chapter 7, 13, and 11 bankruptcy.
What is IDENTITY THEFT? Explain how it happens and why it’s such a big problem today.
Why is it important to review your credit report at least once a year? How would you go about doing this?
How do you feel about the test today?
Only 10 weeks to prepare for competitions … what are YOU going to do to get ready?
We are grinding on BPA competitions again! What do you want to accomplish today? (let’s make it more productive than yesterday!)
What is the difference between SAVING and INVESTING? Why do people save? Why do people invest?
No QOD - Recruiting
No QOD - Feast
Why is it important to consider INFLATION when planning your saving and investing goals?
Why are RISK, RETURN, and LIQUIDITY important to investors? How are these concepts related to each other?
Today is our fourth BPA Prep Day. What are 3 things you’ll do today to get prepared for battle …?
Give some examples of LOW-RISK saving & investing options. Why is it important to always have some safe, liquid investments?
What are MUTUAL FUNDS? How do they help with our concerns about risk, return, and liquidity?
What is the difference between stocks and bonds? Why might a corporation sell a bond to raise money instead of selling stock?
What is the difference between a MARKET ORDER, a LIMIT ORDER, and a STOP ORDER?
How can you tell if a stock is EXPENSIVE? Why is the PRICE of a stock not always the answer?
What is a STOCK SPLIT? Why might a company want to “split” their stock? Does this affect how much the company is worth?
What are the advantages of diversification in investment? How is diversification related to risk*? Give an example.
Today is our last PFIN test, which covers saving and investing. What is one interesting thing that you learned about these topics…?
Every week, you will be responsible for finding a recent news article which relates to a relevant business, finance, or entrepreneurship topic. The criteria include:
- A 250-word paragraph that (1) summarizes your article, (2) explains how it relates to class, and (3) provides your own personal reflections on the topic.
- Typed in MS Word or Google Docs and attached to an email.
- Use MLA format for the paper and cite your source.
- No credit will be given if your current event does not meet all of these criteria.
Sample of Current Event in MLA Format
SYLLABUS AND WEEKLY SHEETS
2023-24 FSS Syllabus
2023-24 FSS Student Guide and Forms
FSS Week 1
FSS Week 2
FSS Week 3
FSS Week 4
FSS Week 5
FSS Week 6
FSS Week 7
FSS Week 8
FSS Week 9
FSS Week 10
FSS Week 11
FSS Week 12
FSS Week 13-14
FSS Week 15
FSS Week 16
PFIN 7-1, Blogging About Personal FInance
PFIN 7-2, Credit App, BPA Prep #1
PFIN 7-3, Calculating Interest, Reconciling Credit Card
PFIN 8-1, Payment Methods
PFIN 8-2, Loan Amortization Table, Credit Report
PFIN 8-2, 7 Credit Card Mysteries, Cubicle Estate
PFIN 9-1, Debt Collectors, Credit Cases
PFIN 9-2, 9 Ways
PFIN 9-3, Scams & Schemes
PFIN 789 Test Review
PFIN 789 Test
BPA Competition Prep
PFIN 10-3, Invisible Hand
PFIN 10-2, The Impact of Inflation
PFIN 10-3 and Article
PFIN 11-1, What Is A Bond?
PFIN 11-2, Investment Strategies, Mutual Fund Facts
PFIN 11-3, Would You Buy This Stock?
PFIN 12-1, Showtime on Wall Street
PFIN 12-2, Risk Return Liquidity, Ways to Save & Invest
PFIN 12-3, Bulls Bears Pigs
We will be using the PFIN text below.: