Financial Literacy: Loan Fundamentals

EDPUZZLE: Amortization            Home mortgages, auto loans, and student loans are all typically structured as amortized loans. While the minimum monthly payment on a credit card changes each month, the monthly payment of an installment loan is the same every month until the debt is paid off.  Watch this video and answer the questions on […]

Financial Literacy: Amortization

ANALYZE: Understanding Amortization Complete the worksheet using the amortization schedule on the first page. LEARNING TARGET: I can read an amortization table and understand how the payments are structured.

Financial Literacy: Compare Auto Loans

ACTIVITY: COMPARE: Auto Loans Perhaps you think it will be easy to make responsible decisions regarding auto loans in your future. But decision making can be tricky when you’re considering your dream car. Follow the directions on the sheet to complete the activity. Use this calculator if needed. LEARNING TARGET: I can compare auto loan offers […]

Foundations of Business: Pitching Your Innovation

Work in teams of five or less or individually on your PowerPoint presentation. Make sure to include at least one slide for each category below: Start with a vision. Describe what life will be like in the future as if your idea were fully realized. This should be a concise and impactful vision that is […]

Financial Literacy: Auto Loans

EDPUZZLE: All About Car Loans   A car, just like a mortgage, is a secured loan. That means if you fail to make payments, the lender can repossess the property, leaving you with a horrible credit score — and no car! For that reason, it’s especially important that you understand how auto loans work. Watch this […]

Financial Literacy: Mortgages

VIDEO: Demystifying Mortgages Since the start of the 21st century, over half of US households have been homeowners rather than renters. What you may or may not know is that most homeowners can’t afford to buy their homes in one cash payment; instead, they take out a mortgage. Watch this video to answer the questions […]

PSAT

When: October 24th Who: Grade 9 (PSAT 8/9); Grades 10-11 (PSAT/NMSQT) Where: Find your last name for the correct grade (9 vs. 10/11). This list is subject to change and does not include small group testing (conference room or room 4213) or CTC students (rooms 4219 or 4208).   Grade 9 Last Names Proctor/Teacher Room […]

Foundations of Business: How to Succeed in Managing a Business

Read Exploring Business: Chapter 5.7. Group Activity:  Go to http://springfieldsbdc.com/ and pick the resource you’d find most helpful as a young entrepreneur. Discuss the following questions with your group? What resource did you find most helpful? Are there any other small business resources in the area that you can find? Summarize your group’s findings on the whiteboard. […]

Financial Literacy: Predatory Lending

EDPUZZLE: Predatory Lending             Payday lenders don’t actually have a giant mousetrap strapped outside of their buildings to warn you of possible danger, so it’s better for you to understand how they work. Watch this video and answer the questions on your worksheet. VIDEO: The Surprising Logic Behind the Use of Payday Loans     […]