Personal+Finance+Warm-ups

=**Personal Finance Warm-ups**=

=**Wednesday, September 2nd**=

= Warm-Up Question: What do you expect from Ms.B an Ms. Wall as teachers? =

**"I expect from Ms.B and Ms. Wall....**
=**Thursday, September 3rd, 2015**=

= Warm-up Question: How would you define the word, "value?" What do you value in life? Please answer in a complete sentence. =

=**Tuesday, September 8th, 2015**=

= Who has a bigger influence over what you spend your money on and why? = 1.) Friends  2.) Family 3.) The media and advertising

=**Please answer in a complete sentence.**=

=**Wednesday, September 9th, 2105**=

= Which population do you believe advertising has the greatest impact on and why? = = = = 1.) Teens = = 2.) Adults = = 3.) Children =

=**Thursday, September 10th, 2015**=

= Yesterday, we learned that recent college students have an average of 4 credit cards. = = Do you think the government should set the limit on the number of credit cards someone should have? =

= Tuesday, September 15th, 2015 = = Identify one way your needs will change in 10 years and why =

= Wednesday, September 16th, 2015 = = Now that you have begun evaluating advertisements, how much influence do you really think they have on consumer spending and why? =

= Thursday, September 16th, 2015 = = What is the most important thing you have learned in this class so far and why? =

= Friday, September 18th, 2015 = = What do you know about credit cards? =

=**Monday September 21st, 2015**=

= Identify one thing you would like to learn about credit cards and why? =

=Tuesday September 22nd, 2015=

= What is the difference between a credit card and a debit card? = =

= =Wednesday September 23rd, 2015=

=** Respond to this quote in complete sentences. What does it mean to you? **= = "Money is only a tool. It will take you wherever you wish, but it will not replace you as a driver." =

=Thursday, September 24th, 2015=

= How much money would you need to make you happy and why? =

= Friday, September 25th, 2015 =

=** From the yesterday's article, what is one way that money can make you happy. **= = = = Tuesday, September 29th, 2015 =

=Respond to this quote. What does it mean to you and why?= = " All riches have their origin in mind. Wealth is in ideas - not money." = = = = Wednesday, September 30th, 2015 =

=Respond to this quote. What does it mean to you and why?=

= "Greed is not a financial issue. It's a heart issue." = = = =Thursday, October 1st, 2015=

= What does APR stand for? Please answer in a complete sentence =

=Friday, October 2nd, 2015=

= There is a saying..."More money, more problems." What does this mean to you and why? =

=**Monday, October 5th, 2015**=

= Define interest rate. =

=**Tuesday, October 6th, 2015**=

= If Ms.B made 40,000 a year, what is the maximum amount of debt in loans can she have? Apply the 20/10 Rule. =

=**Wednesday, October 7th, 2015**=

= Define Grace Period. =

=Thursday, October 8th, 2015=

= What is a credit score, and why is it important? =

=**Friday, October 9th, 2015**= = = = Refer to your credit card vocabulary. How is a student grant different than a student loan? =

=** Monday, October 12th, 2015 **=

= If Ms. Wall took out a loan for a new Harley for $50,000 for 5 years at an interest rate of 6%, how much interest would she pay on her loan? =

= Tuesday, October 13th, 2015 = = Describe your dream car. =

= Wednesday, October 14th, 2015 =

= Define billing cycle in your own words. =

=**Friday, October 16th, 2015**=

= What is the most important idea you have learned about credit so far and why? =

=**Monday, October 19th, 2015**=

= How does credit score impact interest rates? =

=**Tuesday, October 20th, 2015**=

= Explain credit in your own words. Please answer in a complete sentence. =

"Credit is...."

=**Wednesday, October 21st, 2015**=

= No warm up today, but please do not begin working on car project. We are going to do some review. =

=**Thursday, October 22nd, 2015**= = = = Describe your dream house in as much detail as possible in complete sentences. =

= = =**Friday, October 23rd, 2015**=

= Identify one thing you are doing well in this class. Identify one thing you would like to improve in this class and why. =

=**Monday, October 26th, 2015**=

= What do you know about renting an apartment? =

=**Monday, October 26th, 2015**=

= What do you know about renting an apartment? =

=**Monday, November 2nd, 2015**=

= In a complete sentence, name one reason why it's important to save money. =

=**Tuesday, November 3rd, 2015**= = =

= = = =

= Generally speaking, you should put away 20% of your income in some type of savings account. =

= Warm up Problem: = = = = If you make 30,000 a year how much should be set aside for savings? = = = = 30,000 = = x.20 = = ___ = = = =

=**Wednesday, November 4th, 2015**=

= Based on what you learned in this class, what advice would you give to teenagers about money and why? =