Teacher Resources:
Learning Outcome 1.2
EXPLORE THE AVAILABLE RESOURCES
1.2: Identify and classify sources of income and expenditure, compare options available to best manage financial resources, evaluating the risks associated with each option and making informed and responsible judgements
To find resources on the site associated with the selected Learning Outcome, feel free to browse the Lessons, Reflections, Interactive Pages, BizLife Blog and Learning Large Library listed below. We’ve sorted through the materials for you to save you some time!
LESSONS
You can mouse over each illustration for the lesson number and name, and we’ve included a brief content summary of the lesson below each illustration.
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Summary:
- Objective 1.2: How to take your resources and goals and turn them into income. Examples include Michael the painter and Anna the dog walker. Also, include your time in your calculations, and keep track of your finances.
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Summary:
- Objective 1.2: Three different options for keeping track of your money–a pen & ledger (simplest), your phone (most convenient), and a computer (most powerful).
BIZLOG BLOG
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William Rabillo used determination and drive to get a car for his single mom.
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Kickstarter is a potential way to find resources to make your creative ideas a reality.
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A dozen ideas to raise money for a club or organization.
RIPPLES & REFLECTIONS
AP1.2A Now to the Nitty Gritty
AP1.2B Grab Your Toolbox
- Ripple
- Reflections #1: Now that you know some of the available options for managing your personal economic life, do you think you’ll start keeping track of your financial life? Why or why not?
- Reflections #2: What method are you most likely to use to keep track of your finances?
- Reflections #3: What makes your preferred method of financial tracking so appealing to you
- Reflections #4: Would you recommend your preferred financial tracking method for your friends?
INTERACTIVES AND VIDEOS
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Back in the old days, if you wanted something that someone else had, you either had to give them something that you had – your neighbour has a goat, you’ve got some pottery, you do a deal; or you had to trade something that you could do – your neighbour had a goat, you could thatch their roof. Today there’s a lot to managing your money and it’s important to get an understanding early on.
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Managing money seems like it should be an easy thing to do – I have money, I need to buy things, and when I have no more money, I can buy no more things. Right?
Wrong! It doesn’t have to be overly complicated, but you’ll see soon that having an idea of where your money is, where it needs to go, and how much you need to make to get there, is really crucial.
LEARNING LIBRARY RESOURCES
We’ll be adding links and materials here as the program grows so you can choose additional or bonus materials for the students, or plan a class around current events or outside websites or books.