Financial, Economic, Business,
and Entrepreneurial Literacy
Contact
Mr. Pearson
steven.pearson@woodbridge.k12.nj.us
Mr. Pearson's Schedule:
Fall 2015
Block 1: Financial Literacy (Room 231)
Block 2: Professional
Block 3: Financial Literacy (Room 231)
Block 4: BR duty (new wing)
Proficiencies
• Apply reliable information and systematic decision making to personal
financial decisions
• Evaluate financial information from a variety of sources and make
financial decisions by systematically considering alternatives and
consequences
• Understand taxes and citizen financial responsibilities
• Evaluate investment alternatives and identify diversified investment
strategies compatible with personal goals
• Use a career plan to develop personal income potential
• Create a financial plan
• Organize personal finances and use a budget to manage cash flow
• Identify the costs and benefits of various types of credit
• Explain the purpose and importance of health, disability, property,
liability, and life insurance protection and create a personal insurance
plan
• Complete an inquiry based project as it relates to a current global
financial situation
• Discuss ethical dilemmas as they apply to different financial situations
• Investigate how agencies that regulate financial markets protect
investors
• 45 day course
• 6 major / 20 minor assessments (50%/50%)
• Quizzes, Tests, Papers, and Projects
• Fire drill
• School Emergency Plan
• School wires
• Grading Policy
• Attendance
• Lates
• Bathroom
• Lunch
• No Food and/or Drinks allowed
• Electronics policy
• Be in class before the bell rings
• Remain seated until the bell rings
• Arrive to class on time or present a late pass if tardy.
Two unexcused lates will result in a written referral to the office. In
excess of 3 unexcused lates will result in a loss of credit for the
class (only a 45 day course).
• Be organized and prepared for class. You must bring your notebook,
homework, folder and a pen or pencil to every class.
• Please raise your hand before speaking out loud in class.
• Do not speak while the teacher or other students are speaking.
• Ask questions and participate as much as possible.
• Treat others (and their property) the way you want to be treated.
• Always respect yourself, others and the school.
• Cell phones, ipods, or any other electronic devices are not allowed in
class.
• Keep bathroom use to a minimum. When you must use the bathroom
please return as quickly as possible.
Unit on Income and Careers (5 days)
• Careers
• Exemptions and deductions
• Government Programs
• Collective bargaining
• Resume
• Interview Questioning
Evaluation/Assessments
• Career Project
• Chapter test
• Quizzes
Unit on Money Management (8 days)
• Checking Account
• Budget
• Emergency Fund
• Strategies for sharing, saving and spending
• Analyze how changes in taxes, inflation, and personal circumstances
can affect a personal budget
• Analyze how income and spending plans are affected by age, needs,
and resources
Evaluations/Assessments
• Chapter Test
• Quizzes
• Cost of college
• Personal Living Budget
Unit on Credit and Debt Management (6
days)
• Mortgages
• Credit Cards
• Bankruptcy
• Credit Report and Credit Scores
• Interest
• Financial benefits of different products and services offered by
financial institutions
Evaluations/Assessments
• Credit Standing Project
• Comparing Credit Cards Project
• Celebrity Bankruptcy Project
• Test
• Quizzes
• Classwork/Homework
Unit on Planning, Saving and Investing (8
days)
• Investing for short term, medium term, and long term goals
• Stockbrokers, Advisors, and Financial Planners
• Company sponsored retirement plans (401 K)
• Stocks, Bonds, and Mutual Funds
• Risks Returns
• Impact of current market events on stock prices
Evaluations/Assessments
• Chapter Test
• Quizzes
• Homework assignments
• Mutual Fund Project
Unit on Becoming a Critical Consumer
(5 days)
• Evaluate business practices
• Evaluate contracts
• Evaluate how the media affect the prioritization of consumer
decisions
• Analyze and apply multiple sources of financial information when
prioritizing financial decisions
• Determine how objective, accurate, and current financial information
affects the prioritization of financial decisions
Evaluations/Assessments
• Comparison Shopping Project
• Homework assignments
• Test
• Quizzes
Unit on Civic Financial Responsibility (3 days)
• Discuss consumer’s basic rights
• Analyze how citizen decisions and actions can influence the use of
economic resources to achieve societal goals and provide individual
services
• Compare and contrast the role of philanthropy, volunteer service, and
charities in community development and quality of life
Evaluations/Assessments
• Charity Project
• Test
• Quizzes
• Homework assignments
Unit on Risk Management and Insurance
(7 days)
• Differentiate between property and liability insurance protection
• Compare the cost of various types of insurance (life, homeowners,
auto) for the same product or service, given different liability limits
and risk factors
• Evaluate individual and family needs for insurance protection
• Differentiate the costs and benefits of renters and homeowner’s
insurance
• Explain how to self insure and how to determine when self insurance
is appropriate
• Understand how to insure your automobile, home, and property
sufficiently
• Choosing health insurance and buying life insurance
Evaluations/Assessments
• Test
• Quizzes
• Auto insurance Project
• Homework assignments
Review and Final Exam (3 days)