Martinez Money Message: Personal Finance Math Class for High School Kids Flex
In this 12-week course, students will use Nearpod and Escape Rooms to learn about various personal finance math topics through videos, articles, fun interactive activities, and an exit ticket at the end of each lesson.
Brooke Martinez
Average rating:
4.9
Number of reviews:(37)
What's included
Class Experience
US Grade 9 - 12
In this 12-week course, students will use Nearpod and Escape Rooms to learn about various personal finance math topics through videos, articles, fun interactive activities, and an exit ticket at the end of each lesson. There will be 5 lessons per week and I will release a new lesson link each day. This course will be filled with hands-on learning! My course is a great way to prepare students for the math behind their own finances! Many learners start with little knowledge about handling finances. After the course, they will grow to enjoy learning about money and will be much more confident in their finances! This course will include videos, articles, interactive activities, projects, and an exit ticket for each lesson. I'm a firm believer in creating engaging learning experiences. I'm excited to begin a journey of discovering financial math with your learner! Students will be able to interact with each other on the Outschool platform. Students will work together to complete various escape rooms, complete a budget, and solve formulas. This is a FLEX course, which means that there are no live meetings, but I will still be interacting frequently with students electronically and ask that they interact with each other as they are comfortable. We will interact using the classroom page and using Nearpod, a collaboration website that is fun, easy to use, and requires no email login information. A Nearpod will be provided every week with my voice as an audio guide. There will be multiple interactive activities throughout the lesson so students can synthesize what they are learning and keep track of it. I will ask students to share their work with me and/or the class and give them feedback on this work. I will pose a weekly discussion question for students to answer in the classroom or Nearpod via video, picture, or chat and I will ask that classmates respond to each other's submissions. There will also be a review quiz after each lesson on Nearpod as a check for understanding. Agenda: Week 1: Gross Income *Straight-Time Pay *Overtime Pay *Piecework *Salary *Commission Week 2: Net Income *Federal Income Tax *State Income Tax *Social Security & Medicare Taxes *Group Health Insurance *Statement of Earnings Week 3: Recordkeeping *Budgeting 101 *Average Monthly Expenditures *Preparing a Budget Sheet *Using a Budget *How to Create a Budget Week 4: Checking Accounts *Deposits *The Check-Writing Process *Check Registers *Bank Statement Reconciliation *Online Banking Week 5: Savings Accounts *Deposits & Withdrawals *Account Statements *Simple Interest *Compound Interest *Daily Compounding Week 6: Cash Purchases *Sales Tax *Unit Pricing *Comparison Shopping *Coupons and Rebates *Sale Price Week 7: Charge Accounts & Credit Cards *Intro to Credit *Loan Fundamentals *Account Statements *Finance Charge Unpaid-Balance Method *Finance Charge Average-Daily Balance-Method Week 8: Loans *Single-Payment Loans *Installment Loans - Amount Financed *Installment Loans - Monthly Payment & Finance Charge *Installment Loans *Determining the APR Week 9: Vehicle Transportation *Purchasing a New Vehicle *Purchasing a Used Vehicle *Vehicle Insurance *Operating & Maintaining a Vehicle *Leasing/Renting a Vehicle Week 10: Housing Costs *Mortgage Loans *Monthly Payment & Total Interest *Real Estate Taxes *Homeowners Insurance *Renting or Owning a Home Week 11: Insurance *Intro to Insurance *Health Insurance Premiums *Health Insurance Benefits *Term Life Insurance *Other Types of Insurance Week 12: Investments *Buying & Selling Stocks *Stock Dividends *Mutual Funds *Bonds *Retirement Investments
Learning Goals
Week 1: Gross Income
-Calculate straight-time pay
-Calculate overtime pay
-Calculate total pay
-Calculate total pay on a piecework basis
-Determine salary per pay period
-Calculate straight commission and determine gross pay
Week 2: Net Income
-Determine the amount withheld for federal income tax
-Compute state taxes on a straight percent basis
-Compute the amount withheld for Social Security and Medicare taxes
-Calculate the deduction for group insurance
-Calculate net pay per pay period
Week 3: Recordkeeping
-Compute the average monthly expenditure
-Use records of past expenditures to prepare a monthly budget sheet
-Compare the amount budgeted to actual expenditures
-Explain how budgeting can be used to reach your financial goals
-Create a salary-based budget
Week 4: Checking Accounts
-Compute the total checking account deposit
-Write a check
-Calculate the balance in a check register
-Calculate the current balance on a checking account bank statement
-Reconcile a check register with a bank account statement
-Compute online banking charges and update the check register
Week 5: Savings Accounts
-Complete a savings account deposit slip and compute the total deposit.
-Fill out a savings account withdrawal slip
-Compute the new balance of a savings account statement
-Calculate simple interest and the amount
-Determine the compound interest and the amount
-Calculate the interest for daily compounding
Week 6: Cash Purchases
-Compute sales tax
-Calculate the total purchase price
-Determine the unit price
-Find the best buy based on unit price
-Calculate an item’s final price after using a coupon or receiving a rebate
-Find the dollar amount of the markdown
-Compute the sale price when the markdown rate is known
Week 7: Charge Accounts & Credit Cards
-Correctly use the three basic components of a loan: principal, interest rate, term
-Differentiate between amortized installment loans and revolving credit lines
-Calculate the new balance on a charge account
-Compute the finance charge by using the unpaid-balance method
-Compute the finance charge based on the average-daily-balance method-new purchases included
Week 8: Loans
-Compute the maturity value and interest rate of a single-payment loan
-Calculate the down payment and the amount financed on an installment loans
-Calculate the monthly payment, total amount repaid, and finance charge on an installment loan
-Calculate the payment to interest, payment to principal, and new balance
-Compute the final payment when paying off an installment loan
-Determine the annual percentage rate of a loan using a table and a formula
Week 9: Vehicle Transportation
-Compute the sticker price of a new vehicle
-Calculate the dealer’s cost of a new vehicle
-Calculate the average retail price or wholesale price of a used vehicle
-Use tables to compute the annual premium for vehicle insurance
-Compute the total cost per mile of operating and maintaining a vehicle
-Calculate the total cost of leasing a vehicle
-Calculate the cost to rent a vehicle and the cost per mile to drive a rented vehicle
Week 10: Housing Costs
-Compute the mortgage loan amount
-Use a table or formula to determine the monthly patent, the total amount paid, and the total interest charged
-Calculate the total closing costs
-Compute the allocation of the monthly payment to principal and interest and the new principal
-Calculate the assessed value and real estate taxes for a home
-Determine the amount of coverage for homeowners insurance
-Calculate the average monthly cost of renting a home, and compare the total costs of renting to the total costs of owning a home
Week 11: Insurance
-Compute health insurance premiums
-Calculate the amount the patient pays for health care
-Utilize tables to compute the annual premium for term life insurance
-Apply tables to data to compute the annual premiums for three types of life insurance
Week 12: Investments
-Calculate the total cost of a stock investment
-Calculate the profit or loss from a stock sale
-Compute the annual dividend and annual yield of a stock investment
-Compute the loading charge, number of shares purchased, and profit or loss when you sell a mutual fund
-Compute the annual interest and annual yield of a bond investment
-Compute the required minimum distribution and the penalty for early withdrawal from an individual retirement account
Other Details
External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.
Joined March, 2021
4.9
37reviews
Teacher expertise and credentials
Utah Teaching Certificate in Secondary Education
I am from the United States and have been teaching various business, marketing, and finance courses for 13 years. I have taught both at the high school and collegiate level. I teach both in person and online but online is my favorite! I have a Bachelor's degree in Marketing and Business Information Technology Education, a Masters in Business Administration and a PhD in Online Education.
I am very excited to work with all of you through Outschool!Reviews
Live Group Class
$13
weekly or $150 for 12 weeks12 weeks
Completed by 3 learners
No live video meetings
Ages: 14-18
This class is no longer offered
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