Rocky River High School

Wealth Management Course Syllabus

Mr McLaughlin

(440) 356-6800

Synopsis

Wealth Management is designed for students who want to become financially savvy individuals. In this course, we will learn the fundamentals of money management. Students will analyze the basics of financial documents, savings, investing, budgeting, spending, insurances, and credit to name a few. Students will also participate in the Ohio Stock Market Game where classroom concepts can be applied in an interactive simulation.

Students will be exposed to a variety of informational resources, such as: Ramsey’s Foundations in Personal Finance, The National Endowment for Financial Education (NEFE), Lakeshore Community Credit Union Making the Right Money Moves, and The National Council on Insurance.

Grading Policy

Grades are based primarily on completion of assignments. Weekly goals must be set and successful completion of those goals will be rewarded. Quality and quantity of computer work completed are both essential. This course is project based and graded accordingly.

Homework Policy

There will be outside assignments. Students will need to participate in surveys, interviews, and other marketing techniques to help understand marketing concepts. It is essential that you start early on assignments and turn them in on time. Timing is essential in marketing!

Materials / Supplies / Textbook Policy

You will need a 3-ring binder to keep handouts and create your own personal finance portfolio, samples of your best work, business reports, and Finance Plan. You will also need a notebook.

Make-up Policy

Make-up is only available for excused absences. Please be sure to communicate about sickness or extended leaves. This is a student responsibility, NOT the instructors.

Extra Credit Policy

Extra credit is available on request for special circumstances. The business department encourages individual reading of business-related books and magazine articles. A book list is available and extra credit is given for written book reports or other assignments mutually agreed upon by student and me.

Introduction:

Economic Review

Career Decisions

Goal Setting

Chapter 1: Savings

DAY VIDEO PART CLASSROOM ACTIVITY

VIDEO: Dave’s Personal Testimony VIDEO: Orientation TEST: Financial pre-test

Part 1 WORKBOOK: Before you Begin ACTIVITY: Clay’s Candy Bar Madness

Part 2 ACTIVITY: Savings by Nation ACTIVITY: Live from Financial Peace Plaza

Part 3 ACTIVITY: Impact of Daily Decisions

Part 4 ACTIVITY: Rate of Return

ACTIVITY: Financial Calculators WORKBOOK: Money in Review

TEST: Chapter 1 Test BONUS VIDEO: “Setting Goals That Work”

Chapter 2: Investment Options

DAY VIDEO PART CLASSROOM ACTIVITY

Part 1 WORKBOOK: Before you Begin

Part 2 and Part 3 ACTIVITY: Venn Diagram

Part 4 ACTIVITY: Reading a Prospectus

Part 5 ACTIVITY: Investment Scavenger Hunt

Part 6 WORKBOOK: Money in Review

ACTIVITY: Investments Examined

ACTIVITY: Investments Compared

ACTIVITY: Name That Investment

TEST: Chapter 2 Test BONUS VIDEO: “Leadership Skills”

Chapter 3: Wealth Building and College Savings

DAY VIDEO PART CLASSROOM ACTIVITY

Part 1 WORKBOOK: Before you Begin

Part 2 ACTIVITY: Roth IRA and 401(k)

Part 3 ACTIVITY: Wealth Building Pyramid

Part 4 ACTIVITY: Rule of 72

Part 5 ACTIVITY: Monthly Retirement Planning

WORKBOOK: Money in Review

ACTIVITY: Funding 401(k) and Roth IRAs

TEST: Chapter 3 Test BONUS VIDEO: “Preparing for College”

Chapter 4: Dangers of Debt

DAY VIDEO PART CLASSROOM ACTIVITY

Part 1 WORKBOOK: Before you Begin

Part 2 and Part 3 ACTIVITY: Rent to Own

ACTIVITY: Research Activity

Part 4

Part 5 ACTIVITY: True Cost of Ownership

Part 6 ACTIVITY: Making the Minimum

Part 7 ACTIVITY: Hidden Costs of Credit

Part 8 ACTIVITY: The Debt Snowball

BONUS VIDEO: “Drive Free, Build Wealth” ACTIVITY: Drive Free

WORKBOOK: Money in Review ACTIVITY: Persuasive Writing

TEST: Chapter 4 Test

Chapter 5: Consumer Awareness

DAY VIDEO PART CLASSROOM ACTIVITY

Part 1 WORKBOOK: Before you Begin ACTIVITY: Commercial Viewer

Part 2 ACTIVITY: 0% for 24 Months

Part 3 ACTIVITY: Advertising Awareness

Part 4 and Part 5 ACTIVITY: Opportunity Cost

4WORKBOOK: Money in Review

ACTIVITY: Marketing Madness

TEST: Chapter 5 Test BONUS VIDEO: “Warnings for College”

Chapter 6: Credit Bureaus and Collection Practices

DAY VIDEO PART CLASSROOM ACTIVITY

Part 1 WORKBOOK: Before you Begin

Part 2 ACTIVITY: Reading a Credit Report

Part 3 ACTIVITY: Avoiding On-Line Fraud

Part 4 ACTIVITY: Research Project

Part 5 ACTIVITY: Investigate and Report Scams

Part 6 ACTIVITY: Pro Rata Debts WORKBOOK: Money in Review

TEST: Chapter 6 Test BONUS VIDEO: “Credit Score and Employment”

Chapter 7: Budgeting 101

DAY VIDEO PART CLASSROOM ACTIVITY

Part 1 WORKBOOK: Before you Begin ACTIVITY: Family Feud

Part 2 BONUS VIDE: “Balancing your Checkbook”

Part 3 ACTIVITY: Balancing Your Checkbook

Part 4 ACTIVITY: How to Write a Check

Part 5 ACTIVITY: Student Budget

Part 6 ACTIVITY: Consumer Equity

WORKBOOK: Money in Review

TEST: Chapter 7 Test

Chapter 8: Bargain Shopping

DAY VIDEO PART CLASSROOM ACTIVITY

Part 1 WORKBOOK: Before you Begin

Part 2 and Part 3 ACTIVITY: Computing Discounts

Part 4 ACTIVITY: Seven Basics of Negotiating ACTIVITY: Food For Thought

Part 5 ACTIVITY: Double Discounts WORKBOOK: Money in Review

ACTIVITY: Bargain Shopping

TEST: Chapter 8 Test BONUS VIDEO: “Buying Your First Car”

Chapter 9: Relating with Money

DAY VIDEO PART CLASSROOM ACTIVITY

Part 1 WORKBOOK: Before you Begin ACTIVITY: Back Then

Part 2 and Part 3 ACTIVITY: Time Budget ACTIVITY: Further Reading

Part 4 ACTIVITY: Creative Debating

Part 5 WORKBOOK: Money in Review ACTIVITY: Travel Agent

TEST: Chapter 9 Test BONUS VIDEO “Time Management”

Chapter 10: Career Choices and Employment Taxes

DAY VIDEO PART CLASSROOM ACTIVITY

Part 1 WORKBOOK: Before you Begin

Part 2 ACTIVITY: Researching Careers

Part 3 ACTIVITY: The Interview ACTIVITY: Careers and Personality Traits

Part 4 ACTIVITY: Real World Taxes ACTIVITY: FORM W-4

WORKBOOK: Money in Review ACTIVITY: Resumes and Cover Letters

TEST: Chapter 10 Test BONUS VIDEO: “First Years of College”

Chapter 11: Ins and Outs of Insurance

DAY VIDEO PART CLASSROOM ACTIVITY

Part 1 WORKBOOK: Before you Begin ACTIVITY: Comparing Rates

Part 2 ACTIVITY: Understanding Renter’s Insurance

Part 3 ACTIVITY: Health Plan Overview

Part 4 ACTIVITY: Comparing Insurance

Part 5 ACTIVITY: Presenting Risk

Part 6 WORKBOOK: Money in Review

TEST: Chapter 11 Test BONUS VIDEO: “Insurance for Students”

Chapter 12: Real Estate and Mortgages

DAY VIDEO PART CLASSROOM ACTIVITY

Part 1 and Part 2 WORKBOOK: Before you Begin

Part 3 ACTIVITY: Rentals ACTIVITY: Real Estate Listings

Part 4 ACTIVITY: Calculate New Payment

Part 5 BONUS VIDEO: “15 vs. 30 yr Mortgage” ACTIVITY: Mortgage Math

ACTIVITY: Understanding a Lease WORKBOOK: Money in Review

TEST: Chapter 12 Test

End of Course

DAY VIDEO PART CLASSROOM ACTIVITY

Review for Exam

TEST: Financial Post-Test

TEST: Final Exam

Rocky River High School

Wealth Management Course Syllabus

Mr. McLaughlin

(440) 356-6800

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