This class will follow the W!se Financial Literacy Program Curriculum. At the end of the course, each student will be required to take the Financial Literacy Certification Test. This test will evaluate the students’ knowledge of budgeting, money, interest, credit, banking, insurance, investing, regulatory agencies, housing, and retirement planning. Students passing the Certification Test will receive a certificate that certifies them as Financially Literate.
The following website will help you prepare for the certification test at the end of the semester. Please use this website throughout the course of the year.
Username and password are case-sensitive.
**Upon entering the information, you will be prompted to enter your birthday and zip code. You are NOT required to enter your name.
Personal Finance Curriculum
- History, Importance, Description and Characteristics · Fiat Currency · Cashless Society · Sources of and Factors Influencing Income · Relationship between Money, Income, Savings, Spending and Financial Literacy · Gross and Net pay · Taxation and Payroll Deductions · Pay-Day Lending · Income Tax Returns
- Financial goals · Preparing, Managing, and Balancing a Spending Plan/Budget · Needs vs. Wants · The 3 R’s -- Reality, Responsibility, and Restraint · Factors Affecting a Budget · Strategies for Financial Wellness and Developing Wealth
COST OF MONEY
- Role of Interest · Role of the Federal Reserve · Compounding, Time Value of Money, Rule of 72 · Annual Percentage Rate (APR) · Inflation and Impact of Inflation
- Importance and Need for Savings · Types of Banks · Banks as Intermediaries · Safety (FDIC and SIPC) · Role of the Federal Reserve · Banking Services and Products · Checking and Reconciliation · How Banks Make Money · Credit Unions, Pawn Shops, Check Cashing Centers, and Finance Companies
- Credit and How It Works- Sources/Benefits · Factors Affecting Credit · Credit Products and Elements Related to Their Use · Credit History and Credit Score · Mortgages · Credit Problems, Abuses and Remedies · Consumer Rights and Responsibilities
- Purpose of Insurance and Shared-Risk · Characteristics of Policies · How to Determine Needs · Types of Insurance, Purpose and How They Work · Strategies to Reduce Cost
- Putting Money to Work · Risk and Rewards · Brokers vs. Investment Online Services · Primary vs. Secondary Markets · Investment Products/Choices · Factors Influencing the Market and Financial Products · Capital Gains and Losses · Monitoring Groups and Regulating Agencies
MONEY MANAGEMENT/FINANCIAL PLANNING/RETIREMENT PLANNING
- Net Worth · Financial Plans · Strategies for Being a Smart Consumer · Ethics and Money · Housing · College Tuition and Expenses · Retirement Planning and Products · Wills
- FDIC · SEC ·FED · IRS · Consumer Financial Protection Bureau · FINRA · SPIC
To check your grades and attendance click on the Information Now link at the top of the page. To get assistance with your iNow username and password please call the attendance office at 615-904-6771 ext. 31508. If you would like to look at the Information Now home portal quick guide for parents, please click on this link.
You can access your Office 365 email account by clicking here, the username and password are the same as your computer login at school. If you need help with how to use different features in your account you can click on this link to download the Office 365 guide.