Financial Pitfalls Strategies
ANALYZE: Change a Bad Financial Habit
In this task, pupils should be able to:
- Examine a bad economic habit of theirs that they wish to alter
- Understand the Habit Cycle as described by Charles Duhigg in their guide, the ability of practice
- Create and perform an agenda to assist them to alter their bad habit that is financial
- Think about the way the Habit Cycle empowers them to alter their practices
ANALYZE: The Impact of Ads
In this task, pupils should be able to:
- Comprehend the different techniques advertisers used to influence customers
- Review 6 different commercials and determine which methods advertisers are employing most effectively
DETERMINE: Play the Lottery or Save? (Sp)
In this task, pupils should be able to:
- Use an on-line calculator to determine the worthiness a normal texan who generally plays the lottery would draw out by spending the amount of money in a your retirement account rather.
- For sale in English & Spanish
DETERMINE: The Expense of Rent-to-Own
In this task, pupils should be able to:
- Utilize a charge card calculator and some information from Consumer Reports to compare the expense of “purchasing†a washer dryer from Rent-to-Own versus purchasing the exact same washer dryer on credit cards.
http://cashusaadvance.net/payday-loans-wy
CARTOONS: Predatory Lending
In this task, pupils should be able to:
- Examine number of cartoons about predatory lending and choose one to investigate in more level
- Explain the cartoon’s key message about predatory financing and exactly how it illustrates that message
COMPARE: Forms Of Identity Theft (Sp)
- Explore the various types of identification risk and theft facets for every.
SMALL PRINT: Car Title Loan Agreement
With this specific print that is fine should be able to:
- Read a car name loan contract by reviewing details such as for example interest price and repayment schedules
- Recognize exactly just how automobile name loans causes consumers to get into much much deeper financial obligation
TERMS AND CONDITIONS: Cash Advance Agreement
With this specific small print pupils should be able to:
- Read a loan that is payday by examining details including APRs and interest
- Recognize just how pay day loans can cause customers to get into much deeper financial obligation
INTERACTIVE: Are You Currently Hacked?
In this task, pupils should be able to:
- Finish a quiz to observe how often times their private information was hacked
- Propose solutions to prevent these hacks
INTERACTIVE: Shady Sam
In this activity, pupils should be able to:
- Have fun with the part of that loan shark
- Determine what techniques loan providers use to optimize their earnings
- Determine which loan terms increase profits for loan providers
- Find out about several types of loans and fees loan providers offer and cost
INTERACTIVE: Win the Powerball!
In this task pupils should be able to:
- „Play“ the Powerball using an internet lottery simulation and explore the chances of winning the jackpot that is huge
- Observe how they fare standing up against the powerful imagery that is positive attraction associated with the Powerball ads
- Complete an optional mathematics bonus area to dive just a little much much deeper in to the possibility of any specific number being chosen a success
MOVE: Is This a Pitfall?
In this task, pupils will be able to:
- Think critically about some traditional monetary pitfalls and understand that individual values and circumstances have impact that is great the economic choices individuals make.
- Get right up and going, from their seats!
TASK: Create a scam Guidebook
In this task, pupils should be able to:
- Operate in groups to produce A scam Guidebook
- Have full Scam Guidebook that every pupil can think about when every team contributes
TASK: produce a PSA or Ad for Predatory Lending
In this task, students should be able to:
- Work in teams to either
- Develop a service that is public teaching their market to remain far from predatory lenders OR
- Create adverts persuading their potential audience to make use of their kind of predatory financing item
PROJECT: Establish an ID Theft Awareness Campaign
In this task, students will be able to:
- Publish a Public Awareness Campaign to aid students in school find out about several types of ID theft and means they may be able protect their information
- Work with groups to conduct research and produce interaction tools which they will utilize through the campaign
TASK: The Million Dollar Matter: Is the Lottery Good or Bad?
In this activity, pupils should be able to:
- Participate in a debate on whether state-operated lotteries benefit or harm lottery champions and culture in general
- Have a side, conduct research on arguments and counterarguments, and form a personal viewpoint after the debate
TASK: The True Relationship Test: Reconcile Your Money
In this activity, pupils should be able to:
- simply simply Take from the part of the character that is quickly become married
- Training reconciling their funds by having a partner on many different subjects inside their economic lifestyles, such as for instance housing, financial obligation, etc.
- Think about the significance of having a discussion about funds having a partner or spouse
TASK: Write a Children’s Book on Bankruptcy
In this task, students should be able to:
- Work with partners to publish and produce a Children’s Book about Bankruptcy
STUDY: Bankrupt at 23
In this task, pupils should be able to:
- Read and answer a article from a female who’d to seek bankruptcy relief at age 23 as a result of out-of-control charge card debt and spending.
BROWSE: Signature Loans
In this task, students should be able to:
- Utilize this reading guide to know about all loans that are personal techniques to make use of if a member of family or buddy asks for the money.
ANALYSIS: Bankruptcy Internet Quest (Sp)
In this task, pupils should be able to:
- Make an online search to analyze definitions for key bankruptcy terms.
- Establish the vocabulary within their words that are own offer examples.
- Obtainable in English & Spanish
ROLEPLAY: Say NO to Loan Needs (Sp)
In this task, pupils will be able to:
- Role-play decreasing to provide loans that are personal relatives and buddies in many different real-world situations.
- For sale in English & Spanish