Students will be able to identify methods used by predatory lenders for prevention, comprehend basic consumer rights, and demonstrate knowledge of filing complaints when these rights are violated. Additionally, students will understand tactics employed by predatory lenders and be equipped with the skills to avoid falling victim to them.
Material Type: Lesson Plan
Unit that includes lessons on your money & social media, advertisements & dark patterns, comparison shopping, identity theft, scams & fraud.
Material Type: Lesson Plan, Unit of Study
Today, every state has an unemployment insurance program. This provides some income to qualified, unemployed workers who have lost their jobs through no fault of their own. But how did these programs begin and how does the federal-state partnership work? The December 2020 issue of Page One Economics®: Focus on Finance describes this partnership that began in 1935.
Material Type: Lecture, Lesson, Lesson Plan, Reading
When tragedy strikes, how do people avoid bearing all of the costs of their loss? Learn more in the February 2017 issue of Page One Economics: Focus on Finance.
Material Type: Lesson, Reading
Car insurance is complicated. How much does car insurance cost and what do all those terms and numbers mean? These two segments of Personal Finance 101 Conversations offer insights and information about purchasing car insurance. The content for these videos was reviewed by members of the Missouri Insurance Education Foundation.
Material Type: Lecture
Insurance: Protecting Yourself from Damage is the sixth video in the Federal Reserve Bank of St. Louis series, "No-Frills Money Skills." This episode begins with examples of activities with varying amounts of risk and introduces insurance, explaining how it is used to transfer or reduce risk. With a story about a homeowner, students learn several key insurance related concepts and terms. The content for these videos was reviewed by members of the Missouri Insurance Education Foundation.
Material Type: Lecture
Understanding Car Insurance: Paving the Way is the seventh video in the Federal Reserve Bank of St. Louis series, "No-Frills Money Skills." This episode uses a radio talk show format to explain various aspects of car insurance. From the responses to questions from callers, students learn several key concepts and terms related to car insurance. The content for these videos was reviewed by members of the Missouri Insurance Education Foundation.
Material Type: Lecture
This unit covers topics in insurance.
Material Type: Unit of Study
life insurance meaning-insurance that pays out a sum of money either on the death of the insured person or after a set period."he has taken out life insurance"
Material Type: Lesson Plan
Understanding an insurance company's sense of my chances of dying. Created by Sal Khan.
Material Type: Lesson
Before buying an extended warranty or a service contract for your home, a car, or an appliance, be sure to read the fine print and weigh the costs and benefits.
Material Type: Lesson, Reading
Introduction to traditional IRA's (Individual Retirement Accounts). Created by Sal Khan.
Material Type: Lesson
In the second episode of the No-Frills Money Skills video series, students learn that it is important to save for college, cars, retirement, and the unexpected. The video also explains the difference between a 401(k) and a Roth 401(k).
Material Type: Lecture
This 9 minute video will explain what a 401(k) is and how a student can use this to build wealth for retirement. This video will enforce standard EPF. 18
Material Type: Lecture
Using concepts of time value of money to calculate savings needed for retirement goal
Material Type: Unit of Study
In this mini-unit, students learn basic vocabulary about insurance and then play an online game called “That’s a Bummer” to practice knowledge learned. Additional activities in this lesson include an insurance edpuzzle, video resources, reflection questions, and an insurance math worksheet. Class Time Needed: 4 to 5 Class Periods
Material Type: Lesson Plan
Lesson Objective: At the completion of this lesson, students will be able to explain risk management through a combination of avoidance, risk, reduction, retention, and transfer.
Material Type: Lesson Plan
In this example, students are asked to obtain a credit card disclosure statement, identify the various interest rates and payment rules, and keep track of a revolving monthly balance under several payment scenarios. While modeling several months to a year of credit card statements is easily accomplished with pencil, paper, and a basic calculator, this example is also well-suited for analysis with a spreadsheet.
Material Type: Activity/Lab
In this first episode of the No-Frills Money Skills video series, economic education specialist Kris Bertelsen explains compound interest, or "Growing Money."
Material Type: Lecture
This short video describes the use of the interest rate on bank reserves as a tool of monetary policy.
Material Type: Lecture, Lesson, Lesson Plan
