Tuesday, February 26, 2013

Period 6: Free Enterprise, Day 1

We talked about budgeting today in class. A big part of my budget is saving to travel. This is a picture of me with my friends Clarke and Beri on the top of the highest mountain in Vietnam: Mt. Fansipan. It was quite the achievement, I assure you.

Hi everyone,

Hopefully you all know exactly where you are at in terms of grades for this class. Please ask questions if you are unsure about how to improve your grade!

Soundtrack: “Smile Like You Mean It” by The Killers. Selected for today because we were reviewing the Chapter 1 test, which some of you did very well on, and some probably need to come and retake. Lyrics here.

AGENDA 2/26/13
Warm Up
Review Chapter 1 Test
Budgeting

Homework: Read the blog. Finish budget paper if you did not in class. Bring textbook for next class!

Warm Up: The question for today (#6 overall, I believe) was: Why does a $500 tuxedo rent for $90 a day, while a $20,000 car rents for only $40? I thought the initial response to this question on Yahoo! answers was a good one. Remember that I just need some proof of your effort in thinking about these questions - more than a sentence, please.

Review Chapter 1 Test: We went over all the answers for the Chapter 1 test. There were a few which we engaged in a class debate on (and mostly, I gave you credit for), but overall, these really should have been pretty clear. If you need further clarification, please post a comment on here or come see me in person. If you would like to retake the test, you also need to come see me and set up a time to do that (the Learning Center is fine - I just need to know that you want to do that, so I can have copies ready for you).

Your grades have been entered for the test and notebook check. I posted grades on the wall (by student ID number) so you know exactly where you are at and what you have to turn in. Again, please see me if this is at all unclear.

Budgeting: Next, I had the class complete a worksheet (please see me next class if you missed it - I do not have a digital copy) with balancing a budget, since many students wrote to me at the beginning of the course to say they wanted to be better at handling money and savings. This was a fairly straightforward activity about trying to use the money that was given to you to pay for various different expenses. At the end, I had you write your own personal plan for the year after high school and how you are going to pay for whatever you end up doing. If you did not finish this in class, it is homework.

Let me know if you have any questions! See you on Thursday!

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