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 energy of Habit
- Create and execute an idea to simply help them alter their bad monetary practice
- 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 strategies that are various used to influence customers
- Determine 6 different commercials and determine which techniques advertisers are employing many effectively
DETERMINE: Play the Lottery or Save? (Sp)
In this activity, pupils should be able to:
- Use an on-line calculator to determine the worthiness a typical texan who generally plays the lottery would draw out by spending the funds in a your your retirement account rather.
- For sale in English & Spanish
DETERMINE: The Cost of Rent-to-Own
In this activity, pupils should be able to:
- Make use of a charge card calculator plus some information from Consumer Reports to compare the price of “purchasing†a washer dryer from Rent-to-Own versus purchasing the exact same washer dryer on a charge card.
CARTOONS: Predatory Lending
In this task, pupils should be able to:
- Examine a true quantity of cartoons about predatory lending and choose one to assess much more level
- Give an explanation for cartoon’s key message about predatory financing and just how it illustrates that message
COMPARE: Kinds Of Identity Theft (Sp)
- Explore the various kinds of identification risk and theft factors for every single.
SMALL PRINT: Car Title Loan Agreement
With this specific print that is fine should be able to:
- Read an automobile name loan contract by reviewing details such as for instance interest payment and rate schedules
- Recognize exactly how car name loans trigger customers to get into much much deeper financial obligation
SMALL PRINT: Cash Advance Agreement
With this specific print that is fine 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 debt
INTERACTIVE: Are You Currently Hacked?
In this task, pupils should be able to:
- Finish a quiz to observe several times their information that is personal was hacked
- Propose solutions in order to avoid these cheats
INTERACTIVE: Shady Sam
In this task, students should be able to:
- Have fun with the part of that loan shark
- Know very well what techniques loan providers used to optimize their profits
- Determine which loan terms increase profits for loan providers
- Read about various kinds of loans and fees loan providers offer and fee
INTERACTIVE: Win the Powerball!
In this task students should be able to:
- “Play” the Powerball using an on-line lottery simulation and explore the possibilities of winning the jackpot that is huge
- Observe how they fare standing up resistant to the effective good imagery and attraction for the Powerball ads
- Complete an optional mathematics https://cashusaadvance.net/payday-loans-ma/ bonus part to dive just a little much much much deeper in to the possibility of any specific quantity being chosen a success
MOVE: Is It a Pitfall?
In this task, pupils should be able to:
- Think critically about some typically common monetary pitfalls and understand that individual values and circumstances have impact that is great the monetary choices individuals make.
- Get fully up and going, out of their seats!
TASK: Create a ripoff Guidebook
In this task, pupils should be able to:
- Operate in teams to generate A ripoff Guidebook
- Have full Scam Guidebook that each pupil can think on as soon as every team contributes
TASK: Create a PSA or Ad for Predatory Lending
In this task, pupils should be able to:
- Work with teams to either
- Produce a service that is public teaching their audience to keep far from predatory lenders OR
- Create adverts persuading their potential audience to utilize their form of predatory lending item
PROJECT: Publish an ID Theft Awareness Campaign
In this task, pupils should be able to:
- Publish a Public Awareness Campaign to simply help pupils in school find out about several types of ID theft and means they are able to protect their information
- Operate in groups to conduct research and produce interaction tools which they shall make use of through the campaign
TASK: The Million Dollar Matter: Is the Lottery Good or Bad?
In this activity, pupils should be able to:
- Take part in a debate on whether state-operated lotteries benefit or harm lottery champions and culture in general
- Have a part, conduct research on arguments and counterarguments, and form an opinion that is personal the debate
TASK: the relationship that is real: Reconcile Your Money
In this task, students should be able to:
- Simply simply Take from the part of the character that is quickly become married
- Training reconciling a partner to their finances on many different subjects within their economic lifestyles, such as for example housing, financial obligation, etc.
- Think about the necessity of having a conversation about funds having a partner or partner
TASK: Write a Children’s Book on Bankruptcy
In this task, pupils should be able to:
- Work with partners to publish and produce a Children’s Book about Bankruptcy
BROWSE: Bankrupt at 23
In this task, pupils should be able to:
- Read and answer an article from a female that has to seek bankruptcy relief at age 23 as a result of out-of-control charge card investing and financial obligation.
STUDY: Unsecured Loans
In this task, pupils should be able to:
- Utilize this reading guide to know about all unsecured loans and methods to make use of if a member of family or buddy asks for the money.
ANALYSIS: Bankruptcy Online Quest (Sp)
In this task, pupils should be able to:
- Make an online search to analyze definitions for key bankruptcy terms.
- Describe the vocabulary within their words that are own offer examples.
- Obtainable in English & Spanish
ROLEPLAY: Say NO to Loan Requests (Sp)
In this task, pupils should be able to:
- Role-play decreasing to provide loans that are personal relatives and buddies in a number of real-world situations.
- For sale in English & Spanish
