This FDIC curriculum contains both computer-based and instructor-led instruction on basic personal financial management. The curriculum consists of 11 modules on the following topics:
Bank On It: An introduction to bank services
Borrowing Basics: An introduction to credit
Check It Out: How to choose and keep a checking account
Money Matters: How to keep track of your money
Pay Yourself First: Why you should save, save, save
Keep It Safe: Your rights as a consumer
To Your Credit: How your credit history will affect your credit future
Charge It Right: How to make a credit card work for you
Loan To Own: Know what you're borrowing before you buy
Your Own Home: What home ownership is all about
Financial Recovery: How to recover from a financial setback
The computer-based instruction features a game-based learning design and should be used to complement formal classes by providing learning assignments that users can complete at their own pace. The instructor-led curriculum (which must be ordered online and arrives on CD-ROM) includes an instructor's manual, participant's take-home guide, and overheads.
Successful completion of a computer-based module will earn the user a certificate of completion for the module.
Preparation
Make sure that the Web site is not blocked at your school before using it with students.
Under Search Products, search for "Money Smart Instructor," select and order the Money Smart Instructor-Led (CD-ROM)
Register as a student would to get an account and test that the student computers are able to run the computer-based instruction.
Help students register for an account in the same way. They will need to create a Username and Password as well as choose a Secret Question and provide a secret answer. Have students write down their Username and Password in their notebooks since you will have no access to their account information.
When you receive the CD-ROM in the mail, review the instructor's manual and print out the participant's take-home guide.
The instructor-led curriculum for adults can be used without the self-paced computer-based instruction. The self-paced computer-based instruction can be used without the instructor-led curriculum, though this is not recommended for an ESL class.
Program Areas
ABE: Adult Basic Education
Levels
High
View Lesson Plan
Warm-up
Engagement
Financial Reality Poll (Interactive) Display the following statements and have students respond using Mentimeter, Kahoot, or a simple show-of-hands poll:
I have a bank account.
I know my credit score.
I have a savings goal.
I understand how interest works.
I know how to protect myself from financial scams.
Think–Pair–Share Students discuss:
What is one financial mistake people commonly make?
What is one financial skill every adult should know?
Brief whole-class discussion.
Transition: “Today, we are going to explore a nationally recognized financial education program designed to help adults make informed money decisions.”
Introduction
Introduce the FDIC and its role in protecting consumers and promoting financial education.
Explain that Money Smart includes 11 modules covering:
Bank On It
Borrowing Basics
Check It Out
Money Matters
Pay Yourself First
Keep It Safe
To Your Credit
Charge It Right
Loan To Own
Your Own Home
Financial Recovery
Learning Objectives
By the end of this unit, students will:
Identify key financial concepts related to banking, credit, and savings.
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ChatGPT was used to reformat this lesson in the WIPPEA format
