VIDEO: What Is Medicaid? | Medicaid Made Clear ARTICLE: Children’s Health Insurance Program (CHIP) VIDEO: Medicare vs Medicaid: What You NEED to Know The second and third most common ways Americans get health insurance is through Medicaid and Medicare. Access the videos and the article about CHIP, a third government health insurance program. Then, answer the questions on […]
GAME: Play Bummer! As you play the game, pay attention to how your insurance choices and the outcomes of the Wheel of Bummers impact Your Total Money. Complete the worksheet. LEARNING TARGET: I understand the risks associated with different levels of insurance.
DATA CRUNCH: Using the Average Annual Premiums For Homeowners And Renters Insurance, 2010-2019 chart on your worksheet, answer the questions on your worksheet. Please turn in your worksheet at the end of the period. LEARNING TARGETS: I understand the difference between renters and homeowners insurance. I can analyze premiums and recognize trends.
Part I: How Is the Cost of Medical Care Being Divided? Every insurer offers a variety of plans that spread the cost of medical coverage differently between you and them. Plans in the insurance “Marketplace” are classified as Platinum, Gold, Silver, Bronze, or Catastrophic. Watch the first part of Health Insurance 101: Types of Plans […]
Read Exploring Business – Chapter 14.1. Watch Intro to Personal Finance video. Complete the Financial Planning assignment and turn it in at the end of the period. Learning Targets: Define personal finances and financial planning. Explain the financial planning life cycle. Discuss the advantages of a college education in meeting short- and long-term financial goals. Describe the steps you’d […]
Read Exploring Business – Chapter 14.2. Watch Compound Interest video. Watch this video on Savings and discuss the five foundations. Discuss this article. Learning Targets: Explain compound interest and the time value of money. Discuss the value of getting an early start on your plans for saving.
Read Exploring Business – Chapter 14.3. Watch this video on Cash-Flowing College and this video on Cash-Flowing $120,000 in College. Watch Zero-Based Budget video and How to do a Budget video. Complete the Quick Start Budget worksheet. Learning Targets: Identify the three stages of the personal-finances planning process. Explain how to draw up a personal net-worth statement, a personal cash-flow statement, and a personal budget.
ARTICLE: What Is a Budget? Now that you’ve had a chance to see the challenges of balancing all of the things that you wanted to do for Enzo with the needs of day to day life, let’s get back to basics and consider the reasons that you would want to create a budget. Why is budgeting […]
Watch Borrowed Future and fill out worksheet packet. Learning Targets: I understand the main message of the documentary: the student loan industry has built a system that actually works against its borrowers—often destroying the futures it claims to support. If I am planning to attend college, I have a plan to pay for tuition that […]
ARTICLE: What’s the Difference Between Fixed and Variable Expenses? When creating your budget, it’s important to realize that not all expenses are the same. There are actually two distinct types of expenses – fixed and variable. Read this article, stopping at Budgeting for Fixed and Variable Expenses, to learn about these types of expenses. Then, […]
