FINANCIAL LITERACY-The Money Trail - Part 8 Invest Wisely in Stocks, Bonds (2024)

FINANCIAL LITERACY - "The Money Trail" - PART 8 - INVEST WISELY IN STOCKS, BONDS & MUTUAL FUNDS -- (NEW) What impact has the Coronavirus (COVID-19) had on the stock market in 2020? In this part students learn to carefully consider, study, and evaluate the differences of investing in the stock market, bond market, or mutual funds market and how the market reacts to emergencies like the Coronavirus Pandemic. Your students will learn to: read financial reports/quotes in the newspaper: read and understand the ticker that scrolls across the screen on a financial television program, they will search the Internet to learn about the Dow 30, and more. They will gain a basic understanding of the study that should be done before deciding the type of investing that will work best for their financial goals, risk tolerance, career growth, and future income. A simple suggestion to follow: Plan It, Do It, and then Review & Revise It! meaning to be always in the mode of watching and reviewing their investment decisions – nothing is “set in stone” and changes can and will be made along the way. Activities with an answer key are included in this unit. The Money Trail Series is .

  • Are you required to offer FINANCIAL LITERACY to your secondary students?
  • Are you looking for financial literacy activities that meet the National Standards for Financial Literacy?
  • Do you want a plan of action and common sense activities that are applicable to financial literacy that students need to know for their financial future?

Then, Financial Literacy: The Money Trail Series is just what you are looking for! In each part of the series, students will develop a working knowledge of the financial decisions that they need to make now and in the future.

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ATTENTION TEACHERS: Many teachers are choosing the option of purchasing the 3-in1 BUNDLES instead of the individual chapters because they include ADDITIONAL TEACHER "TOOLS" that they can use for instruction when they teach the information in the chapters:

  1. Chapter PowerPoint
  2. Chapter Assessment (Test)
  3. Vocabulary

Perhaps you may want to check these out for yourself. To see these options, click on the 3-in1 Package Deal link below.

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: "The Money Trail Series" -- Helps students develop a working knowledge of the financial decisions that they need to make now and in the future. The Financial Literacy Parts are reinforcement activities using current research stats that parallel the standards. They are not intended as stand-alone units rather they are interactive activities between the teacher and students.

:

  1. Earning Income
  2. Buying Goods and Services
  3. Saving Money
  4. Credit
  5. Investing
  6. Protecting
  7. Insuring

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Here are the links to all FINANCIAL LITERACY categories where you can find the products that are of interest to you. For more information, click on these links below:

(24 Chapters & Activities)

FINANCIAL LITERACY - PowerPoints for ALL Individual Chapters

FINANCIAL LITERACY - Bundles "GALORE"

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FINANCIAL LITERACY - FLIP OF THE DIE "`14-Day Budgeting Simulation" (MS EXCEL VERSION)

FINANCIAL LITERACY - FLIP OF THE DIE "14-Day Budgeting Simulation (PDF VERSON)

This 14-DAY SIMULATION fits nicely with the FINANCIAL LITERACY - "The Money Trail" series and could be implemented as a final project. It is available in both MS EXCEL for teachers who have Microsoft Office, and also in a PDF format for those who do not have access to MS. It is a hands-on computerized unit that reinforces what students learn when they finish or during the "The Money Trail" Parts.

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FINANCIAL LITERACY-The Money Trail - Part 8 Invest Wisely in Stocks, Bonds (2024)

FAQs

Does Huston 2010 explain that financial literacy is made up of two elements understanding and use? ›

Huston (2010) argues that financial literacy has two dimensions: understanding, which represents personal financial knowledge, and financial education and use, which refers to the management of personal financial knowledge.

Is investing part of financial literacy? ›

Financial literacy involves concepts like budgeting, building and improving credit, saving, borrowing and repaying debt, and investing. Becoming more financially literate might make financial decisions related to loans, major purchases and investments less daunting.

What is a bond in financial literacy? ›

Bonds: "A bond is an investment representing a loan made by an investor to a borrower — typically a business or government entity. The borrower promises the debt will be paid back with interest at a specific time.

What is the theory about financial literacy and investment decisions? ›

People with higher financial literacy can engage in better financial behaviours and investment decisions, such as retirement plans and savings, whereas people with lower financial literacy make poor investment decisions, which negatively influence their finances (Gilenko and Chernova, 2021).

What are the 3 keys to financial literacy? ›

Three Key Components of Financial Literacy
  • An Up-to-Date Budget. Some tend to look at the word “budget” as tantamount to the word “diet,” but at its most basic, a budget is just a spending plan. ...
  • Dedicated Savings (and Saving to Spend) ...
  • ID Theft Prevention.

What are the 4 main financial literacy? ›

Financial literacy is having a basic grasp of money matters and its four fundamental pillars: debt, budgeting, saving, and investing. It's understanding how to build wealth throughout one's life by leveraging the power of these pillars.

What is financial literacy Huston? ›

Huston (2010a) suggests that financial literacy should be measured over four content areas: money basics (i.e., time value of money, purchasing power, financial statements), borrowing (using future resources in the present through the use of revolving credit and installment loans), investing (saving present resources ...

What is the element of financial literacy? ›

According to the Financial Literacy and Education Commission, there are five key components of financial literacy: earn, spend, save and invest, borrow, and protect.

How many components does financial literacy have? ›

Financial literacy has five components: earn, spend, save and invest, borrow, and protect. A basic understanding of each and how it applies to you is critical to achieving basic literacy.

What is Step 2 to financial literacy? ›

Step 1: Build an emergency fund. Step 2: Employer-sponsored matching funds. Step 3: Pay down high/moderate interest debt. Step 4: Savings for retirement in an IRA & higher education expenses. Step 5: Save more for retirement.

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