Sports Illustrated Staff Layoff Lesson

Students learn about the Sports Illustrated layoffs and the broader implications for the media and journalism industries. The lesson covers the causes and consequences of these job cuts, including the role of The Arena Group and Authentic Brands Group in SI’s financial struggles.

Students delve into the effects of layoffs in print media and sports journalism, along with the larger trend of magazine industry restructuring. The curriculum also explores the impact of newsroom downsizing and the shift towards digital media. By studying Sports Illustrated’s debt issues and its uncertain future, students gain insight into the importance of understanding layoffs’ impact on employment trends in journalism and media.

CONCEPTS

Use this video lesson on the topic of the employment and media. Learn related concepts of:

  • Financial Management
  • Career Choices
  • Debt Management
  • Savings Strategies
  • Investment Planning
  • Earning Income
  • Protecting Wealth
  • Income Management
  • Budgeting
  • Financial Decision Making
  • Risk Management

GRADE LEVEL

7-12th grades. High School. College. Adult Education.

TIME REQUIRED

45-60 minutes. Adjust the lesson plan and allocate time to certain topics based on the needs and interests of the students.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have them complete the worksheet.  Review the questions on the worksheet.  A more comprehensive and detailed lesson plan can be accessed below for further instruction and study.

Sports Illustrated Staff Layoff | Understanding the Impact

After watching the video, have students tell what the most important things they learned from the video.

 

Sports Illustrated Staff Layoff – Lesson Plan

 

Lesson Plan: Understanding Media Shifts through the Sports Illustrated Layoff

Overview:

This lesson plan is designed to explore the recent layoffs at Sports Illustrated, delving into the reasons behind it and its implications for the journalism industry. The plan includes a video presentation, discussion questions, activities, and a quiz to reinforce learning objectives.

Objectives:

  • Understand the factors leading to the layoffs at Sports Illustrated.
  • Analyze the impact of economic and technological changes on the journalism industry.
  • Discuss the importance of quality journalism and the challenges it faces.
  • Reflect on the role of media and journalism in society.

Materials:

  • “Sports Illustrated Staff Layoff” video
  • Internet access for additional research
  • Writing materials for notes and responses

Classroom Activities:

  1. Video Viewing:

    Watch the “Sports Illustrated Staff Layoff” video. Encourage students to take notes focusing on key points such as the reasons for layoffs, the impact on the magazine, and broader industry implications.

  2. Group Discussion:

    Facilitate a discussion based on the video. Use the discussion questions provided to guide the conversation.

  3. Research Activity:

    Divide students into small groups. Assign each group to research a specific aspect of the Sports Illustrated story or the state of the journalism industry and present their findings to the class.

  4. Role Play:

    Organize a role-play session where students act out different perspectives in the story (e.g., Sports Illustrated employees, company executives, readers).

Discussion Questions:

  • What are the primary reasons for the layoffs at Sports Illustrated?
  • How do these layoffs reflect broader trends in the journalism industry?
  • What is the impact of technological advancements on traditional journalism?
  • How can quality journalism be sustained in the current economic environment?
  • What is the role of journalism in society, and how does it affect our daily lives?

Assessment:

  • Conduct a quiz based on the video and classroom discussions. Include multiple-choice, true/false, and short-answer questions.
  • Assess group presentations for understanding and depth of research.
  • Evaluate participation in discussions and role plays.

Conclusion:

Conclude the lesson by summarizing the key points discussed. Emphasize the importance of staying informed about changes in the media landscape and the value of quality journalism in society.

Additional Resources:

  • Articles and case studies on the evolution of the journalism industry.
  • Interviews with media professionals and journalists.
  • Documentaries on the history and impact of influential publications like Sports Illustrated.

Get Lesson




LESSON CATEGORIES

For additional related lessons, explore our main category pages:


Categories Careers, Debt, Earning Money, Economics, Tags , , , , ,
Leave a comment

Child Tax Credit Changes Lesson

This lesson is designed for students to learn about the potential changes to the Child Tax Credit in 2024 and how it could result in larger tax refunds for parents, especially benefiting lower-income families. This overview highlights the role of the Child Tax Credit as a significant financial support for families, focusing on the expected adjustments in the coming year. They will explore how this federal tax policy is designed to reduce tax bills, increase refunds, and potentially expand childcare tax deductions.

The lesson will delve into the details of the inflation adjustment to the tax credit and its implications for family financial support. It emphasizes the necessity for parents to understand the nuances of tax breaks for children and to meet the IRS Child Tax Credit eligibility requirements. This information is crucial for families aiming to maximize government benefits for their children, and it plays an integral role in effective financial planning, particularly for enhancing tax relief among low-income families.

CONCEPTS

Use this video lesson on the topic of the child tax credit. Learn related concepts of:

  • Tax Credits
  • Financial Planning
  • Income Management
  • Government Policies
  • Saving and Investing
  • Risk Management
  • Credit and Debt
  • Income and Careers
  • Income Tax Basics
  • Financial Decision Making
  • Government Benefits
  • Economic Influence

GRADE LEVEL

7-12th grades. High School. College. Adult Education.

TIME REQUIRED

45-60 minutes. Adjust the lesson plan and allocate time to certain topics based on the needs and interests of the students.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have them complete the worksheet.  Review the questions on the worksheet.  A more comprehensive and detailed lesson plan can be accessed below for further instruction and study.

Child Tax Credit Changes | What Families Need to Know

After watching the video, have students tell what the most important things they learned from the video.

 

Lesson Plan: Understanding the Changes in the Child Tax Credit

Objective: To provide students with a clear understanding of the Child Tax Credit, its potential changes in 2024, and the impact on families.

Grade Level: High School – Economics or Social Studies

Materials Needed: Access to the “Child Tax Credit Changes | What Families Need to Know” video, writing materials, internet access for research.

Lesson Duration: 1 Hour

Lesson Outline:

  1. Introduction to the Child Tax Credit (10 minutes)
  2. Viewing of the video (20 minutes)
  3. Group Discussion and Q&A (15 minutes)
  4. Quiz and Review (15 minutes)

1. Introduction to the Child Tax Credit:

  • Provide a brief overview of the Child Tax Credit and its purpose.
  • Discuss the relevance of tax credits in general and the importance of being informed about tax-related matters.

2. Viewing of the Video:

  • Play the “Child Tax Credit Changes | What Families Need to Know” video.
  • Encourage students to take notes on key points, especially the potential changes in 2024.

3. Group Discussion and Q&A:

  • Facilitate a discussion around the video content. Possible questions include:
    • What is the Child Tax Credit, and how does it currently function?
    • What are the proposed changes in 2024 and their potential impact?
    • How do these changes affect different income groups?
    • Why is it important for all citizens, not just parents, to be aware of these changes?
  • Encourage students to express their opinions and thoughts on the topic.

4. Quiz and Review:

  • Conduct a short quiz based on the video to assess understanding.
  • Review the answers and clarify any misconceptions.
  • Encourage students to research more on the topic and follow up on the bill’s progress.

Homework/Extension Activity: Ask students to write a short essay on how changes in the Child Tax Credit might impact a hypothetical family based on a given income scenario.

Closure: Summarize the key points discussed in the lesson and highlight the importance of staying informed about tax policies and their impact on individuals and families.

Lesson Resources

Get Lesson




LESSON CATEGORIES

For additional related lessons, explore our main category pages:


Categories Taxes, Tags , , , , ,
Leave a comment

What is Cryptocurrency? Understanding the Basics Lesson

This lesson is designed for students to learn about the essentials of cryptocurrency, from its definition as digital money to the complex workings of blockchain technology and cryptography. It explores the acquisition, value, benefits, and risks of cryptocurrencies such as Bitcoin.

Students learn about the foundational aspects and complexities of cryptocurrencies in this comprehensive lesson. The lesson explores the vital role of cryptography in securing these digital assets, making them nearly impossible to counterfeit. Viewers will learn about popular cryptocurrencies like Bitcoin, Ethereum, Ripple, and Litecoin, along with their unique characteristics. The tutorial delves into the concept of blockchain technology, a decentralized digital ledger crucial to cryptocurrency transactions, offering insights into its security and transparency features. It also covers how to acquire cryptocurrencies, including purchasing, receiving as payment, and mining. The session addresses the volatile nature of cryptocurrency value, its potential benefits such as facilitating inexpensive international transfers, and its usefulness in unstable economic regions. However, it also warns of risks like lack of regulation and vulnerability to hacking. Lastly, it advises on the cautious approach needed when considering cryptocurrency investment, emphasizing informed decision-making.

CONCEPTS

Use this video lesson on the topic of crypto. Learn related concepts of:

  • Cryptocurrency Basics
  • Blockchain Technology
  • Investment Risks
  • Market Volatility
  • Risk Management
  • Investment Principles
  • Financial Decision Making
  • Financial Responsibility

GRADE LEVEL

7-12th grades. High School. College. Adult Education.

TIME REQUIRED

45-60 minutes. Adjust the lesson plan and allocate time to certain topics based on the needs and interests of the students.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have them complete the worksheet.  Review the questions on the worksheet.  A more comprehensive and detailed lesson plan can be accessed below for further instruction and study.

What is Cryptocurrency? Understanding the Basics

After watching the video, have students tell what the most important things they learned from the video.

 

Cryptocurrency Lesson Plan: Understanding Cryptocurrencies

 

Objective: To provide students with a comprehensive understanding of cryptocurrencies, their functioning, and their role in the financial world.

Materials: “What is Cryptocurrency?” video, computers/internet access, quiz materials.

Lesson Duration: 60 minutes

Lesson Outline:

  1. Introduction to Cryptocurrency (10 minutes)
    • Watch the video “What is Cryptocurrency?”
    • Brief discussion on initial thoughts about cryptocurrencies.
  2. Discussion Questions (15 minutes)
    • What are cryptocurrencies and how are they different from traditional currencies?
    • Explain the concept of blockchain and its significance in cryptocurrency.
    • Discuss the role of cryptography in securing digital currencies.
    • What are some common cryptocurrencies other than Bitcoin?
  3. Group Activity: Exploring Cryptocurrencies (20 minutes)
    • Divide students into small groups.
    • Each group researches a specific cryptocurrency (e.g., Ethereum, Ripple, Litecoin) and presents its unique features and current market status.
  4. Discussing the Risks and Benefits (10 minutes)
    • Facilitate a discussion on the potential benefits and risks associated with cryptocurrencies.
    • Encourage students to consider different perspectives, including ethical and economic viewpoints.
  5. Quiz (5 minutes)
    • Conduct a short quiz based on the video and the discussion to assess understanding.

Homework: Write a short essay on the potential future of cryptocurrencies and how they might impact the global financial system.

Additional Resources:

  • Recommended articles and websites for further reading on cryptocurrency.
  • Access to cryptocurrency market analysis tools and platforms.

Lesson Resources

Get Lesson




LESSON CATEGORIES

For additional related lessons, explore our main category pages:


Categories Saving & Investing, Tags , , , , ,
Leave a comment

What is an ETF? Understanding the Basics Lesson

This lesson is designed for students to learn about Exchange-Traded Funds (ETFs), focusing on their composition of diverse assets and the flexibility they offer in trading. We will explore how ETFs provide cost-effective investment opportunities, how they can be adapted to fit various investment strategies, and their role in managing market risks.

Students learn about ETFs through a lesson designed for beginners or those new to ETFs. This lesson covers the fundamentals, explaining ETFs as funds holding a variety of assets such as stocks, bonds, and commodities, and are traded like stocks for added flexibility. It underscores the principle of diversification, illustrating how it minimizes risk in comparison to investing in individual stocks. The lesson also delves into the workings of ETFs, which are managed by professionals who select assets from different sectors, and highlights their cost-effectiveness due to lower fees than mutual funds. Different types of ETFs, including index, sector, and thematic ETFs, are explored, each suitable for different investment strategies. Additionally, the lesson emphasizes the necessity of comprehending market risks and the importance of aligning ETF choices with individual investment goals and risk tolerance.

CONCEPTS

Use this video lesson on the topic of ETFs. Learn related concepts of:

  • Investment Basics
  • Risk Management
  • Cost-Effectiveness
  • Savings and Investment
  • Buying and Selling
  • Diversification Principles
  • Financial Decision Making
  • Investing Principles

GRADE LEVEL

7-12th grades. High School. College. Adult Education.

TIME REQUIRED

45-60 minutes. Adjust the lesson plan and allocate time to certain topics based on the needs and interests of the students.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have them complete the worksheet.  Review the questions on the worksheet.  A more comprehensive and detailed lesson plan can be accessed below for further instruction and study.

What is an ETF? Understanding the Basics

After watching the video, have students tell what the most important things they learned from the video.

 

Lesson Plan: Understanding ETFs

 

Objective: To provide students with a comprehensive understanding of Exchange-Traded Funds (ETFs), their benefits, risks, and how they fit into investment strategies.

Materials: “What is an ETF?” video, quiz materials, whiteboard, markers, student notebooks.

Lesson Duration: 1 hour

Lesson Outline:

  1. Introduction (10 minutes)
    • Brief overview of ETFs and their significance in the investment world.
    • Discuss students’ prior knowledge or experience with investments.
  2. Video Viewing (20 minutes)
    • Play the video “What is an ETF?”.
    • Encourage students to take notes for discussion and quiz preparation.
  3. Group Discussion (15 minutes)
    • Discuss the concept of diversification and its importance in reducing investment risk.
    • Explore different types of ETFs and their unique characteristics.
  4. Activities (10 minutes)
    • Activity 1: Case Study Analysis – Analyze the performance of a selected ETF over the past year.
    • Activity 2: Role Play – Students act as financial advisors recommending ETFs based on different client profiles.
  5. Quiz (5 minutes)
    • Conduct a short quiz to assess understanding of key concepts from the video.

Discussion Questions:

  • What are the main features that distinguish ETFs from other investment vehicles?
  • How does diversification in ETFs help in risk management?
  • Why are ETFs considered cost-effective compared to mutual funds?
  • What are the different types of ETFs and their respective investment focuses?
  • Discuss the risks associated with investing in ETFs.

Homework: Research and prepare a report on an ETF of your choice, covering its performance, asset composition, and how it aligns with certain investment strategies.

Assessment: Students will be assessed based on their participation in discussions, the accuracy and depth of their activity responses, and their performance on the quiz.

 

Activity 1: Case Study Analysis – ETF Performance Over the Past Year

Objective: Analyze and understand the performance of a selected Exchange-Traded Fund (ETF) over the past year, focusing on its asset composition, sector distribution, and overall return.

Materials Needed:

  • Access to financial websites or databases (e.g., Yahoo Finance, Morningstar)
  • Computers or tablets with internet access
  • Worksheets for note-taking and analysis
  • Projector or screen for presentation (optional)

Procedure:

  1. Introduction (5 minutes): Explain the importance of ETF performance analysis and introduce financial research tools.
  2. Group Formation (5 minutes): Divide class into groups and assign/select ETFs.
  3. Research Phase (20 minutes): Groups research assigned ETFs focusing on asset composition, sector distribution, and yearly performance.
  4. Analysis and Discussion (15 minutes): Groups analyze data and prepare summaries of their findings.
  5. Group Presentations (10 minutes): Each group presents their findings, followed by class discussion.
  6. Debrief (5 minutes): Conclude with a discussion on observed trends and relevance to lesson concepts.

 

Activity 2: Role Play – Financial Advisor and Client Scenarios

Objective: Apply ETF knowledge in practical scenarios, simulating financial advisor-client meetings for ETF recommendations based on client profiles.

Materials Needed:

  • Client profile cards
  • List of various ETFs
  • Note-taking materials

Procedure:

  1. Introduction (5 minutes): Explain the role-play scenario and the importance of aligning ETF recommendations with client profiles.
  2. Preparation (10 minutes): Students prepare for role-play by reviewing client profiles and selecting ETFs.
  3. Role Play (20 minutes): Pairs simulate advisor-client meetings, recommending ETFs and then switching roles.
  4. Group Discussion (10 minutes): Pairs share experiences and recommendations, discussing the influence of investment goals on ETF selection.
  5. Debrief (5 minutes): Summarize key takeaways and emphasize understanding client needs in financial planning.

 

Lesson Resources

Get Lesson




LESSON CATEGORIES

For additional related lessons, explore our main category pages:


Categories Saving & Investing, Tags , , , , ,
Leave a comment

What is a Mutual Fund? Understanding the Basics Lesson

A lesson for students on about the fundamentals of mutual funds, including diversification, fund management, types of funds, fees, and investing strategies. This guide is ideal for beginners seeking to understand and grow their wealth through mutual funds.

Students learn about mutual funds as being collective investments in a variety of securities, underscoring the advantage of diversification in minimizing risk. The guide also elaborates on the critical role of fund managers who focus on distinct investment goals, such as growth or stability. Vital aspects like the range of management fees and their effect on overall returns are emphasized. Additionally, it delves into various types of funds, including equity, bond, and balanced funds, aiding in the selection of a fund aligned with individual investment goals and risk tolerance. Finally, the process of investing in mutual funds is presented in a simplified manner, showcasing them as an accessible avenue for long-term financial growth, especially for those new to investing.

CONCEPTS

Use this video lesson on the topic of mutual funds. Learn related concepts of:

  • Investment Basics
  • Portfolio Diversification
  • Fund Management
  • Investment Fees
  • Types of Funds
  • Risk Assessment

GRADE LEVEL

7-12th grades. High School. College. Adult Education.

TIME REQUIRED

45-60 minutes. Adjust the lesson plan and allocate time to certain topics based on the needs and interests of the students.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have them complete the worksheet.  Review the questions on the worksheet.  A more comprehensive and detailed lesson plan can be accessed below for further instruction and study.

What is a Mutual Fund? Understanding the Basics

After watching the video, have students tell what the most important things they learned from the video.

 

Lesson Plan: What is a Mutual Fund”

 

Objective: To provide students with a comprehensive understanding of mutual funds, their structure, management, benefits, and how to invest in them.

Materials:

  • Video: “What is a Mutual Fund?”
  • Worksheets for quiz and activities
  • Access to computers/internet for research activities

Lesson Duration: 45 minutes to 1 hour

Introduction (5 minutes)

  • Briefly introduce mutual funds as an important financial instrument.
  • Explain the objective of the lesson.

Video Viewing (15 minutes)

  • Show the video “What is a Mutual Fund?”
  • Encourage students to take notes for the quiz and discussion.

Discussion (10 minutes)

  • Discuss the concept of diversification and its importance.
  • Explore the role of fund managers in mutual funds.
  • Analyze the impact of fees and expenses on mutual fund investments.

Activity: Mutual Fund Research (10 minutes)

  • Students research different types of mutual funds (equity, bond, balanced).
  • They present their findings, focusing on risk levels and potential returns.

Quiz (10 minutes)

  • Conduct a quiz based on the video to assess understanding.
  • Include questions on the basics of mutual funds, their management, and investment strategies.

Conclusion (5 minutes)

  • Summarize the key points learned.
  • Highlight the importance of mutual funds in long-term investment strategies.

Homework Assignment:

  • Ask students to write a short essay on the pros and cons of investing in mutual funds, incorporating concepts learned in the lesson.

Further Study:

  • Recommend additional resources for students interested in deepening their understanding of mutual funds and investment strategies.

Lesson Resources

Get Lesson




LESSON CATEGORIES

For additional related lessons, explore our main category pages:


Categories Saving & Investing, Tags , , ,
Leave a comment

50/30/20 Rule | Budgeting & Saving Lesson

A lesson for students on how to manage their money with the 50/30/20 rule, a simple strategy for budgeting that balances needs, wants, and savings. Discover practical tips for managing income, reducing expenses, and building a secure financial future.

Students learn to divide their after-tax income into three categories: Needs, Wants, and Savings. They will understand the importance of allocating 50% of their income to essential needs like rent, utilities, and transportation, and learn the significance of distinguishing these from wants. The lesson also covers how to enjoy life by responsibly spending 30% on wants such as entertainment and personal luxuries while maintaining financial discipline. Furthermore, the guide emphasizes the crucial role of dedicating 20% of income to savings and debt repayment, including building an emergency fund and contributing to retirement accounts. It offers practical tips for monitoring spending habits, finding creative solutions to reduce expenses, and highlights the importance of starting small with savings. This approach is adaptable to different financial situations, encouraging a balance that ensures comfortable living and a secure financial future.

CONCEPTS

Use this video lesson on the topic of money management. Learn related concepts of:

  • Budgeting
  • Savings
  • Debt Management
  • Income Allocation
  • Earning Income
  • Buying Goods
  • Financial Investing
  • Risk Management

GRADE LEVEL

7-12th grades. High School. College. Adult Education.

TIME REQUIRED

45-60 minutes. Adjust the lesson plan and allocate time to certain topics based on the needs and interests of the students.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have them complete the worksheet.  Review the questions on the worksheet.  A more comprehensive and detailed lesson plan can be accessed below for further instruction and study.

50/30/20 Rule | Budgeting & Saving

After watching the video, have students tell what the most important things they learned from the video.

 

Lesson Plan: Mastering Money Management with the 50/30/20 Rule

Objective: To understand and apply the 50/30/20 rule for effective budgeting and financial management.

Introduction:

  • Begin with a brief introduction to the 50/30/20 rule.
  • Explain the importance of budgeting and financial planning.

Video Viewing:

  • Show the video titled “50/30/20 Rule”.
  • Encourage students to take notes for the quiz later.

Discussion Questions:

  • What are the three categories of the 50/30/20 rule?
  • Why is it important to distinguish between needs and wants?
  • How can one manage if their needs exceed 50% of their income?
  • Discuss the importance of savings and how to start, even with small amounts.
  • How can this rule be adapted to different financial situations?

Group Activity:

  • Divide students into small groups.
  • Each group creates a monthly budget for a hypothetical scenario using the 50/30/20 rule.
  • Groups present their budget plans and discuss challenges and solutions.

Individual Activity:

  • Students draft a personal budget plan using the 50/30/20 rule.
  • Encourage them to consider their actual income and expenses.

Quiz:

  • Conduct a quiz based on the video and lesson content.
  • Includes questions about budgeting concepts, the rule’s categories, and practical applications.

Conclusion:

  • Summarize key takeaways from the lesson.
  • Emphasize the importance of regular financial planning and budget review.

Further Reading/Resources:

  • Provide a list of resources for additional learning on budgeting and financial management.

Lesson Resources

Get Lesson




LESSON CATEGORIES

For additional related lessons, explore our main category pages:


Categories Budgeting, Saving & Investing, Spending Money, Tags , , , , ,
Leave a comment

What is Money Management Lesson

A lesson for students on the essentials of money management, from budgeting and saving to investing and debt handling, in this beginner’s guide. Discover the steps to make informed spending decisions, build good credit, and develop a strategic financial plan for long-term success.

The lesson focuses on empowering individuals with essential financial skills for a stable future. It covers the importance of budgeting, a methodical approach to plan and track income and expenses. The lesson also emphasizes the significance of saving, highlighting the need for an emergency fund and setting aside money for future goals. Investing is presented as a key to wealth growth, emphasizing the power of compound interest and the feasibility of starting with small amounts.

Additionally, the lesson delves into spending habits, advocating for informed purchasing decisions and differentiating between wants and needs. It addresses debt management, outlining strategies for handling various types of debt responsibly. Building and maintaining good credit is underscored as crucial for financial opportunities. Lastly, the lesson discusses financial planning, guiding students through setting realistic goals and strategies to achieve financial freedom and stability. These topics are designed to guide students towards effective money management, not just for wealth accumulation but for overall financial health.

CONCEPTS

Use this video lesson on the topic of money management. Learn related concepts of:

  • Budgeting
  • Saving
  • Investing
  • Spending
  • Debt Management
  • Credit Building
  • Financial Planning
  • Financial Decision Making

GRADE LEVEL

7-12th grades. High School. College. Adult Education.

TIME REQUIRED

45-60 minutes. Adjust the lesson plan and allocate time to certain topics based on the needs and interests of the students.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have them complete the worksheet.  Review the questions on the worksheet.  A more comprehensive and detailed lesson plan can be accessed below for further instruction and study.

What is Money Management? Understanding the Basics

After watching the video, have students tell what the most important things they learned from the video.

 

Lesson Plan: What is Money Management?

Objective: To provide students with a comprehensive understanding of money management, including budgeting, saving, investing, spending, debt, credit, and financial planning.

Materials Needed: “What is Money Management?” video, worksheets, quiz materials, writing utensils, internet access for research.

Duration: 90 minutes

Lesson Outline:

    • Introduction (10 minutes)
      • Introduce the topic and objectives of the lesson.
      • Play the video “What is Money Management?”
    • Group Discussion (20 minutes)
      • Discuss the key concepts covered in the video.
      • Encourage students to share their thoughts and personal experiences related to money management.
    • Interactive Activities (30 minutes)
      • Activity 1: Budgeting Workshop – Students create a sample monthly budget based on a given scenario.
      • Activity 2: Investment Research – Students research different types of investments and present their findings.
      • Activity 3: Role-play on Spending Decisions – Students engage in role-play exercises to learn about making informed spending choices.
  • Discussion on Credit and Debt (15 minutes)
    • Discuss the importance of credit scores and debt management.
    • Examine real-life scenarios and discuss strategies for managing debt.
  • Financial Planning Exercise (10 minutes)
    • Students set personal short-term and long-term financial goals.
    • Discuss how to develop strategies to achieve these goals.
  • Quiz (5 minutes)
    • Conduct a short quiz based on the video and lesson content.

Discussion Questions:

  • How can budgeting impact your financial future?
  • What are the benefits and risks of investing?
  • Why is it important to differentiate between wants and needs in spending?
  • How can effectively managing debt contribute to financial health?
  • What steps can you take to build and maintain good credit?

Conclusion: Summarize the key takeaways of the lesson and encourage students to apply these principles in their daily lives for better financial management.

Activity 1: Budgeting Workshop

      • Objective: To teach students how to create and manage a monthly budget.
      • Materials: Worksheets, calculators, sample budget scenarios.
      • Procedure:
        • Provide students with a sample monthly income scenario.
        • Discuss various types of expenses (fixed, variable, discretionary).
        • Students create a budget, allocating funds for necessary expenses, savings, and discretionary spending.
        • Review and discuss each budget, focusing on the importance of saving and prioritizing expenses.
      • Duration: 10 minutes

Activity 2: Investment Research

      • Objective: To explore different types of investments and their potential risks and rewards.
      • Materials: Internet access, project or presentation tools.
      • Procedure:
        • Divide the class into small groups, each assigned a different type of investment (e.g., stocks, bonds, mutual funds).
        • Students research their assigned investment type and prepare a short presentation covering key aspects such as risks, benefits, and how to get started.
        • Each group presents their findings to the class.
        • Facilitate a discussion comparing the different investment types.
      • Duration: 10 minutes

Activity 3: Role-play on Spending Decisions

    • Objective: To understand the impact of spending choices and differentiate between wants and needs.
    • Materials: Spending scenario cards, role-play guidelines.
    • Procedure:
      • Distribute different spending scenario cards to pairs of students.
      • Each pair role-plays the scenario, making decisions on spending based on wants versus needs.
      • After each role-play, the class discusses the choices made and their potential financial impact.
    • Duration: 10 minutes

Lesson Resources

Get Lesson




LESSON CATEGORIES

For additional related lessons, explore our main category pages:


Categories Budgeting, Credit, Saving & Investing, Spending Money, Tags , , , , ,
1 Comment

How do Bonds Work? Beginners Guide Lesson

A lesson for students on the fundamentals of bonds, where we explore their role in the financial market, different types, and how they can be a valuable part of your investment strategy

Students learn about the intricacies of bonds and their role in investing. This lesson covers bonds as a type of loan where investors lend money to entities like governments or corporations. It explores the concept of face value (or par value), which is the amount repaid at the bond’s maturity, distinct from regular interest payments. The lesson also highlights how a bond’s market price can differ from its face value due to factors such as interest rate fluctuations and the issuer’s credit rating. Different types of bonds, including government, municipal, and corporate bonds, are examined, each with its own risk level and interest rates.

Students gain insight into the relationship between bond prices, yields, and market interest rates, understanding how these factors impact a bond’s potential return and risk. Additionally, the lesson delves into the inverse relationship between bond prices and market interest rates, and it discusses the importance of a bond’s maturity date in terms of its risk and sensitivity to interest rate changes. Overall, this lesson is ideal for those seeking to comprehend how bonds function and their importance in a diversified investment portfolio.

CONCEPTS

Use this video lesson on the topic of bond investing. Learn related concepts of:

  • Bond Fundamentals
  • Investment Concepts
  • Risk Management
  • Interest Rates
  • Market Dynamics
  • Savings and Investments
  • Financial Decision Making
  • Economic Principles
  • Investment Strategies
  • Risk and Return

GRADE LEVEL

7-12th grades. High School. College. Adult Education.

TIME REQUIRED

45-60 minutes. Adjust the lesson plan and allocate time to certain topics based on the needs and interests of the students.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have them complete the worksheet.  Review the questions on the worksheet.  A more comprehensive and detailed lesson plan can be accessed below for further instruction and study.

How do Bonds Work? Beginners Guide

After watching the video, have students tell what the most important things they learned from the video.

 

Lesson Plan: How do Bonds Work

 

Objective: To understand the concept of bonds, their types, market dynamics, and their role in finance and investment.

Materials: “How do Bonds Work?” video, whiteboard, markers, handouts, quiz materials.

Introduction (10 mins):

  • Begin with a brief introduction to financial instruments.
  • Show the video “How do Bonds Work?” to the class.

Discussion Questions (15 mins):

  • What is a bond and how is it different from a loan?
  • Explain the terms ‘face value’, ‘maturity date’, and ‘coupon rate’.
  • How does the market price of a bond differ from its face value?
  • Discuss different types of bonds and their risk profiles.
  • What is the relationship between bond prices and market interest rates?

Activities (20 mins):

  • Divide the class into small groups and assign each group a type of bond (government, municipal, corporate) to research and present.
  • Conduct a role-play activity where some students are bond issuers and others are investors.

Quiz Preparation (10 mins):

  • Inform students about an upcoming quiz based on the video and discussion.
  • Review key concepts that will be covered in the quiz.

Conclusion (5 mins):

  • Summarize the key points discussed in the lesson.
  • Highlight the importance of understanding bonds for anyone interested in finance and investing.

Homework: Prepare for the quiz by reviewing notes and the video.

Lesson Resources

Get Lesson




LESSON CATEGORIES

For additional related lessons, explore our main category pages:


Categories Saving & Investing, Tags , , , , ,
Leave a comment

What is a Bond? Understanding the Basics Lesson

A lesson for students on the fundamentals of bond investing, including types, returns, risks, and their role in financial planning and portfolio diversification. Discover how bonds offer a stable investment option compared to stocks and the importance of understanding market dynamics and personal finance goals.

Students learn about the fundamental aspects of bonds as financial tools through this video lesson. It explains how bonds function as loans to entities like governments or corporations and covers aspects like fixed interest returns and the maturity date for repayment. The lesson also details why various entities issue bonds and delves into the different types of bonds, including government, municipal, and corporate bonds, each with their unique risks and benefits. Students are taught how to earn from bonds, either through interest or by selling them at a profit, and the video elucidates the inverse relationship between bond prices and market interest rates.

Additionally, the lesson addresses risks associated with bond investing, such as default, interest rate fluctuation, and inflation. It highlights the role of bonds as a more stable investment option compared to stocks and concludes by emphasizing the importance of bonds in diversifying investment portfolios and mitigating stock market volatility. This lesson is essential for anyone interested in investment strategies, underscoring the need for thorough research and understanding of personal financial goals and risk tolerance.

CONCEPTS

Use this video lesson on the topic of bond investing. Learn related concepts of:

  • Risk Assessment
  • Interest Rates
  • Debt Instruments
  • Market Dynamics
  • Investment Principles
  • Financial Decision Making
  • Saving

GRADE LEVEL

7-12th grades. High School. College. Adult Education.

TIME REQUIRED

45-60 minutes. Adjust the lesson plan and allocate time to certain topics based on the needs and interests of the students.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have them complete the worksheet.  Review the questions on the worksheet.  A more comprehensive and detailed lesson plan can be accessed below for further instruction and study.

What is a Bond? Understanding the Basics

After watching the video, have students tell what the most important things they learned from the video.

 

Bond Investment Lesson Plan

 

Lesson Plan: Understanding Bonds

Objective: To provide students with a comprehensive understanding of bonds as a financial instrument, including their types, benefits, risks, and how they work in the investment world.

Materials:

  • Video: “What is a Bond?”
  • Quiz on bond concepts
  • Worksheets for activities

Lesson Duration: 1 hour

Lesson Outline:

  1. Introduction (10 minutes)

    • Briefly discuss what students already know about bonds.
    • Introduce the video “What is a Bond?” and explain its relevance.
  2. Video Viewing (15 minutes)

    • Watch the video “What is a Bond?”
  3. Discussion (15 minutes)

    • What is a bond, and how is it different from a loan?
    • Why do entities issue bonds, and what are the benefits?
    • Discuss the different types of bonds and their unique features.
    • How can investors make money from bonds?
    • What are the risks associated with bond investing?
  4. Activities (15 minutes)

    • Group Activity: Role-play different entities (government, corporation) deciding why and how to issue bonds.
    • Individual Activity: Calculate bond interest payments and discuss their significance in investment portfolios.
  5. Quiz (5 minutes)

    • Conduct a short quiz to assess understanding of key concepts from the video and discussion.

Conclusion (5 minutes)

  • Summarize the key takeaways about bonds.
  • Encourage students to explore more about bonds and other investment tools.

Lesson Resources

Get Lesson




LESSON CATEGORIES

For additional related lessons, explore our main category pages:


Categories Saving & Investing, Tags , , , , ,
Leave a comment

What is Online Banking? How Does it Work Lesson

A lesson for students on the convenience and security of online banking, covering everything from setting up an account to managing transactions and ensuring safety in the digital age.

Students learn about the fundamentals of online or internet banking in this comprehensive lesson. They explore the convenience and functionality of managing bank accounts online through both websites and mobile apps. The lesson content delves into key aspects such as checking account balances, transferring funds, paying bills, and applying for financial products like loans and credit cards. A major focus is placed on the importance of security in online banking, highlighting essential measures such as encryption and multi-factor authentication, and offering advice on safe practices including the use of strong passwords and avoiding public Wi-Fi.

The lesson also guides beginners on setting up and navigating online banking platforms, emphasizing their 24/7 availability and ease of use from any location. To ensure a well-rounded understanding, it addresses challenges such as the need for a stable internet connection and the initial learning curve for new users, thus equipping students with a thorough appreciation of online banking’s benefits and necessary considerations.

CONCEPTS

Use this video lesson on the topic of online banking. Learn related concepts of:

  • Account Management
  • Financial Security
  • Transaction Handling
  • Protecting Assets
  • Income Management
  • Savings Strategies
  • Financial Decision-making

GRADE LEVEL

7-12th grades. High School. College. Adult Education.

TIME REQUIRED

45-60 minutes. Adjust the lesson plan and allocate time to certain topics based on the needs and interests of the students.

PROCEDURE

Hand out the worksheet below (see the GET LESSON button near the bottom of the page).

Show students the video and have them complete the worksheet.  Review the questions on the worksheet.  A more comprehensive and detailed lesson plan can be accessed below for further instruction and study.

What is Online Banking? How Does it Work?

After watching the video, have students tell what the most important things they learned from the video.

 

Lesson Plan: Understanding Online Banking

Objective

To provide students with a comprehensive understanding of online banking, its features, security measures, and the practicalities of using it effectively in daily life.

Materials

  • Video: “What is Online Banking? How Does it Work?”
  • Computers or tablets with internet access
  • Quiz materials (either digital or paper-based)

Lesson Duration

45 minutes to 1 hour

Lesson Outline

1. Introduction (5 minutes)

Briefly introduce the concept of online banking and ask students about their prior experiences or perceptions of online banking.

2. Video Viewing (15 minutes)

Watch the video “What is Online Banking? How Does it Work?” and encourage students to take notes on key points.

3. Group Discussion (10 minutes)

Discuss the main points of the video. Sample discussion questions include: What are the primary functions of online banking? How does online banking enhance financial management? Discuss the security measures mentioned in the video. What are the advantages and challenges of online banking?

4. Interactive Activity (10 minutes)

Break students into small groups to create a list of dos and don’ts for online banking based on the video.

5. Quiz (10 minutes)

Distribute the short quiz based on the video to reinforce key concepts. Questions are included about online banking features, security practices, and practical usage tips.

6. Conclusion (5 minutes)

Summarize the key points learned, emphasize the importance of security in online banking, and encourage students to explore and use online banking tools responsibly.

Follow-Up Activity

Assign students to sign up for a demo online banking account (Online Simulator) and navigate through its features, followed by a reflection on their experience and understanding of the functionalities.

Assessment

Evaluate students based on their participation in discussions, the group activity, and their performance in the quiz.

Additional Notes

Ensure that the discussion is inclusive, allowing all students to share their thoughts. The teacher should be prepared to answer questions related to online banking security, privacy concerns, and technological aspects.

Lesson Resources

Get Lesson




LESSON CATEGORIES

For additional related lessons, explore our main category pages:


Categories Banking, Tags , , , , ,
Leave a comment


css.php