Steph unit 23 week 2
Transcript of Steph unit 23 week 2
PowerPoint Presentation
Unit 23 MANAGING YOUR OWN MONEY
Week 2Session 1
Learning Aim
Understand the use of credit to borrow money
OBJECTIVES OF THE LESSONAll students will be able to: Apply mathematical understanding to work out calculationsIdentify different sources of creditExplore how to use credit responsiblyAssemble a creative mobile to show your understanding of creditMany students will be able to:Discuss the different types of credit availableSome students will be able to: Critically evaluate the use of credit to borrow money
StarterOn Monday William bought a guitar for 13On Tuesday he sold it for 16On Wednesday he bought it back for 27On Thursday he needed money for a football match so he again sold his guitar, this time for 40.Overall, did William make or lose money?
RecapTop tips on Managing money
Welcome to the tearoom
The class will split into two.
Group 1 - Will sit down and order some food and drinks. Then individually pay for their itemsGroup 2 Will take the orders prepare the food and then take the payment from a single person
THEN WE WILL SWAP
Demonstrate two methods of paying when you settle your bill Lets practice your maths skills
Other students are looking up minimum wage and living wage. 6
Review the tearoom taskWhat did you learn from the tearoom task?What did you find hard?What did you find easy?Why was this task important?
Payday Loans
A dangerous way to borrow money.. Discuss
http://www.youtube.com/watch?v=t7JT2enNi3A
What does APR mean
Board BlastSources of credit
Paired Research ActivityHow can you use credit responsibly.
Consider the following as headings- Know how much you can afford to borrowCheck the interest rateState your personal financial details accurately
Have you met your objectives yet?
Task
Make a creative tree mobile to demonstrate your understanding of credit
LoansCredit cards
Knit me a scarfThroughout this year we will be creating a learning scarf. We will each have a turn at knitting a stitch which signifies what we have learnt in a lesson.
Lets see how long this scarf will get and lets see which group has the longest by the end of the year
Have you met your objectives yet?
ReflectHow could knowing and understanding about borrowing help them in the future.
HomeworkResearch task-Find out about the Student Discounts available.
MANAGING YOUR OWN MONEY
Week 2Session 2
OBJECTIVES OF THE LESSONAll students will be able to:Describe the potential problems of using creditOutline activities to encourage children to learn about basic money concepts Design a childrens game to promote understanding of moneyMany students will be able to: Explain how to ensure credit problems can be avoidedSome students will be able to: Define the benefits of saving money
Starter activityHow many words from the letters inREPOSSESSED
RecapOn your white boards
What is meant by credit
Feedback on homework- are there any new discounts available for students
DiscussionPotential problems of using credit:-
Legal action
Emotional stress
Goods repossessed
Complete the Handout
Think, pair and shareIndividually think of an activity to do with children to help them understand moneyWork in a pair to talk about your ideasShare your idea with the group
Lets PlayUsing the maths resources available can you develop your ideas.
Have you met your objectives yet?
EvaluatePlay other learners games think what areas of SPICE are covered
ReviewThrow a ball to answer a question
MANAGING YOUR OWN MONEY
Week 2Session 3
OBJECTIVES OF THE LESSONAll students will be able to:Assess the importance of charity workResearch and formulate an action plan for a charity event.Many students will be able to: Explain the benefits of fun raising charity eventsSome students will be able to: Formulate a creative and original fun raising plan
Time to think.Think of a charity write it down and pass the paper on
http://www.youtube.com/watch?v=ETxmCCsMoD0&feature=kp
DiscussionWhy is charity work important
Have they taken part in a charity event
Individual Research taskResearch a charity and explain what they do
Plan an event you could do to raise money for the charity
PresentationPresent your findings to the group
Feedback and reflection
Unit EvaluationPlease complete the unit evaluation at the end of you assignment
Make sure everything is signed and dated too!
Have you met your objectives yet?