Welcome toJA Finance Park™

Teacher Training

JA Finance Park Teacher Training

By the end of this session, you will understand:

• The purpose of JA Finance Park

• How to efficiently and effectively use the program materials

• The operation of the JA Finance Park facility

• Teacher responsibilities necessary for a successful JA Finance Park student visit

Goals of JA Finance Park

• Help students think creatively, analyze tasks, and solve problems at grade level or above.

• Encourage students to develop and demonstrate personal responsibility for learning and self-management.

• Actively involve the business community and parents in helping students achieve at their highest level.

• Communicate and work with schools to promote the highest student achievement.

• Help students develop and follow a monthly budget.

Teacher

Resource Guide

Begin Collecting These

Unit Four Materials Early!√ Calculators√ Markers or colored pencils√ Glue, tape, scissors√ Large envelopes or Ziploc bags√ Newspapers (especially Sunday),

magazines, catalogs, advertisements√ Fliers from grocery stores, mailed food

advertisements, etc.√ Grocery store receipts

Remember to:• Send Volunteer Recruitment

Letters Home with Students• Send Volunteer Response

Forms to JA Finance Park

Suggested Timeline

Based on 45-50 minutes of daily

instruction

Program

Introduction

Presentation/Lesson Plans

Class Period

Student Overview

Found in the Guide for Teachers and the Student

Workbook

The Pre-Test and Post-Test are the same test. Use your copy as the test master. Students have a

copy of the Test in the Student Workbook.

Pre- Test and

Post-Test

The Pre-Test/Post-Test Key also is

located in the Guide for Teachers.

Student worksheets are located in the Student

Workbook and the Guide for Teachers.

Sample Activity

Each worksheet has an

Answer Key.

ATM/Debit Card

1. What is it?

2. Why use it?

Credit Card

1. What is it?

2. Why use it?

Credit

Advantages and Disadvantages

Always an Answer Key

PYF

Savings and Investing

Time Means Money

Resource Sheets in Student Workbook

Stocks, Bonds, and Mutual

Funds

Calculating Stock Value

1. Locating stock

2. Determining day’s price

3. Multiplying closing price by number of shares

Unit Two: Taxes and My Salary

Concepts• Government• Income• Salary• Taxes• Wages

Skills

• Active listening

• Brainstorming

• Charting

• Comparing

• Math computation

• Reading

• Teamwork

Where Is All My Money?

1. Taxes

2. Social Security

3. Medicare

Calculating NMI

1. Gross Annual Income

2. Gross Monthly Income

3. Net Monthly Income

Unit Three: Budgeting

Concepts• Budget• Expenses• Income• Needs• Opportunity cost• Savings• Taxes• Wages• Wants

Skills

• Active listening

• Comparing

• Decision-making

• Math computation

• Reading

• Teamwork

Case Studies

Unit Four: Preparing for JA Finance Park

Concepts

• Budget

• Expenses

• Income

• Needs

• Savings

• Taxes

• Wages

• Wants

Skills

• Active listening

• Comparing

• Interpersonal skills

• Math computation

• Reading

• Role-Playing

• Teamwork

• Verbal communication

Begin Collecting These

Unit Four Materials Early!

√ Calculators√ Markers or colored pencils√ Glue, tape, scissors√ Large envelopes or Ziploc bags√ Newspapers (especially Sunday),

magazines, catalogs, advertisements√ Fliers from grocery stores, mailed food

advertisements, etc.√ Grocery store receipts

Groups

Unit Four is agroup project.

Groups of two to six (2-6) are recommended.

Life Situation Card

Student Checklist

1. Prepares students for JA Finance Park on-site Checklist.

2. Assures students will finish group work.

NMI Worksheet

Budget Guidelines Worksheet

Actual Budget Decisions

Investments

1. Account Number

2. Business Assignments

Before the Visit

Unit Five: The Visit

Concepts

• Budget

• Expenses

• Income

• Needs

• Savings

• Taxes

• Wages

• Wants

Skills

• Active listening

• Critical thinking

• Interpersonal communication

• Math computation

• Teamwork

• 4.5 hours on-site.

• Students must know their account numbers and assigned businesses on arrival.

• Students should bring their own lunches.

• A JA Finance Park staff member will lead the opening activity.

• Students report to their assigned businesses.

JA Finance Park On-Site Visit

Unit Six: After the Visit

Concepts

• Budget

• Expenses

• Income

• Needs

• Savings

• Taxes

• Wages

• Wants

Skills

• Active listening

• Critical thinking

• Self-reflection

Unit Seven: Career Goals

Concepts

• Career

• Goals

• Income

• Values

Skills

• Active listening

• Critical thinking

• Research writing

• Self-assessment

Glossary

Visit Information

Account Number Information Sheet

1. Provided to you by JA Staff.

2. Must be completed and returned to JA prior to visit.

3. Keep a copy for yourself and bring to simulation.

Parent Consent Letter

Customize on your Teacher CD

JA Finance Park

Visit

Sample Daily Schedule

The Truth Revealed

Life Situation Sticker

Debit Card

JA Finance Park Student Worksheets

Student Checklist

Should be used during the entire

day!

NMI Worksheet

Round off all answers to the nearest dollar.

Volunteers initial worksheet only when NMI is correct.

Guidelines and Actual Budget Worksheet

Line 9 from NMI worksheet becomes Line 1 on Guidelines and Actual Budget worksheet.

Students complete Steps 1 and 2 by calculating percentages to nearest dollar amount.

Checkbook Register

Must be used during The Final Commitment.

The Big Search

Sample Option Sheet

Students will pick up one Option Sheet from most businesses.

Note line number in top right hand corner of Option Sheet.

Student Checklist

The Student Checklist should be used during the entire day.

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The Budget Puzzle

Guidelines and Actual Budget Worksheet

1. Budget decisions are made.

2. Step 3 is completed.

3. Budget is balanced.

The Final Commitment

Checkbook Register must be completed!

NMI is the beginning balance.

Final balance must be 0 or a positive number.

A JA Finance Park staff member must check the completed

Checkbook Register.

End of Day Budget Review

Questions