FINANCIAL LITERACY The Money Trail Part 20 - Buying a Car Teenager’s Dream Machine -- Students learn that before shopping for a new dream machine or a more practical and serviceable used car, they need to carefully review their budget and cash flow to determine the amount they can afford to spend on a car. They learn the differences between buying new cars vs. used cars along with warnings of scams and frauds that unfortunately is a present danger for anyone (young and old alike) looking to buy new or used cars today. Purchasing a car is a major expense for a buyer because it costs to finance, operate, maintain, and insure it. It’s not wise to buy on impulse, but it is wise to know the vehicle’s history and get as much information about a potential purchase before actually buying the car. Other than purchasing a home, purchasing a new or used car is one of the more complicated purchases anyone will make.
It’s an exciting time when young people are in a position to purchase their first car, and there are many factors that go into making the decision for that first purchase. Are your students aware of various frauds and scams that can make them potential victims if they don’t even know what they are?
What is Curbstoning? What is VIN Fraud? Why is Air Bag Fraud dangerous? What does Title Washing and Car Clipping Mean? What is Salvage Title Fraud?
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. 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.
The Money Trail Series supports the National Standards for Financial Literacy in the following: Earning Income, Buying Goods and Services, Saving Money, Using Credit, Investing, Protecting and Insuring.
Here are the links to all FINANCIAL LITERACY categories where you can find the products that are of interest to you. These links include 24 Chapters and Activities, Instructional PowerPoints for ALL Chapters, Checkpoints (Tests), 3 in 1 Package Deals, Bundles "Galore, and the "Flip of the Die" Budgeting Simulation. For more information, click on these links below:
FINANCIAL LITERACY - Individual Chapters & Activities
FINANCIAL LITERACY - PowerPoints for ALL Individual Chapters
FINANCIAL LITERACY - Checkpoints (Tests)
FINANCIAL LITERACY - 3 in 1 Package Deals (Chapter, Test & PPT)
FINANCIAL LITERACY - Bundles "GALORE"
FINANCIAL LITERACY - FLIP OF THE DIE "`14-Day Budgeting Simulation."
This activity fits nicely with the FINANCIAL LITERACY - "The Money Trail" series. It is a hands-on computerized (EXCEL spreadsheet) unit that reinforces what students learn when they finish or during the "The Money Trail" Parts. Access to computers is essential when teaching this unit. An option could be to use this activity as a final project. "
Get all of the FINANCIAL LITERACY products we offer and incorporate these thought-provoking items into your teaching repertoire. All of our Education Get Real materials are available here on this Teachers Pay Teachers website and we currently have materials in the areas of English, History, and CTE.
If you would like to communicate directly with us, we invite you to contact us on our website at www.educationgetreal.com
and complete the form. We also produce a company newsletter so you may sign up for that on our website as well. Check us out – our EGR “Materials are Created BY Teachers FOR Teachers!"
© EDUCATION: GET REAL!!! materials are copyrighted and most are certified by the Library of Congress. Each individual purchaser is granted permission to copy the materials for their own instructional use only. Redistributing, sharing, editing, selling, or posting this item or any part thereof on the Internet or other digital means are strictly prohibited. Violations are subject to the penalties of the Digital Millennium Copyright Act.
ATTENTION PURCHASERS: Printing permitted -- for best results use a high resolution printer. Notify us through FAQS if you experience technical issues -- we aim to please!
personal finance, real world, integration, interdisciplinary, customers, secondary, home school, math, economics, income tax, taxes, budgets, budgeting, financial goals, financial plan, savings, investing, banking, money, profit, cash, marketing, salaries, salary deductions, payroll, payroll register, 1040EZ form, tax forms, tax return, banking, bitcoins, check register, checking account, reconciliation, IRS, Federal Reserve, notes, credit score, credit bureaus, credit application, interest, finance charge, loans, insurance, identity theft,
fraud, credit protection, credit responsibilities, self-employment, contract, agreement, stocks, bonds, mutual funds, life insurance, auto insurance, automobile, car insurance, stock market game, health insurance, employee benefits, wants, needs, services, percentage, periodic rate, interest rate, inflation, student loans, installment loans, car loans, home loans, homeowners insurance, renters insurance, deductibles, standard deduction, apartment, fixed expenses, variable expenses, bartering, understanding money, spending, invest wisely, earning, payroll, Education Get Real, EGR.
PRIOR TO COMMENTING AND RATING THIS PRODUCT, WE WOULD VERY MUCH APPRECIATE THE OPPORTUNITY TO "CHAT" WITH YOU ON Q&A BEFORE YOU MAKE YOUR PURCHASE, ESPECIALLY WHEN YOU QUESTION WHETHER OR NOT THIS PRODUCT WOULD MEET YOUR INSTRUCTIONAL NEEDS. THAT COULD BE VERY HELPFUL TO YOU AND TO US. IN ADDITION, WHEN YOU PURCHASE THE ITEM, PLEASE ALLOW AT LEAST 48 HOURS TO REVIEW IT AND/OR IMPLEMENT IT BEFORE YOU SUBMIT YOUR COMMENTS AND RATINGS. A LOW RATING IS VERY DAMAGING TO US BECAUSE ALL TPT PRODUCTS ARE EVALUATED USING A 4.0 SCALE (NOT A 5.0 or 10.0): 4.0 (100% = A); 3.0 (75% = C); 2.0 (50% = F); AND 1.0 (25% = F). THE POINTS ARE THEN AVERAGED TOGETHER AND WE RECEIVE AN OVERALL RATING. OUR AUTHORS WORK HARD AND SPEND COUNTLESS HOURS CREATING HIGH QUALITY PRODUCTS FOR OUR CUSTOMERS, AND THEREFORE DESERVE THAT CONSIDERATION. WE ALWAYS LOOK FORWARD TO RECEIVING SUGGESTIONS ON HOW A PRODUCT COULD BE IMPROVED. OUR MISSION IS TO MEET THE NEEDS OF OUR PEERS, SO PLEASE COMMUNICATE WITH US. WE THANK YOU! Education Get Real!!!