BACKGROUND: Research findings show that Georgia, Tennessee, Alabama, and Mississippi are among the highest-ranking states for numbers of annual personal bankruptcies filed per household. This information coincides with a survey conducted by Lewis Mandell, dean of business at Marquette University in Milwaukee, whose results show a connection between states that have adults declaring personal bankruptcies and twelfth graders scoring poorly on personal finance subjects. Personal finance subjects include budgeting, taxes, insurance, retirement, and use of creditâ??subjects that are important to master in becoming a financially successful individual.
PURPOSE: As part of the Federal Reserve Bank of Atlantaâ??s community relations program, a personal finance curriculum was developed and is being taught to middle-school students. This web page shares the courseâ??s objectives and provides other resources on financial literacy.
Most of the instructor tools listed below link off-site. GOAL SETTING BUDGETING Overview
GlossaryINSTRUCTOR TOOLS:
Create a balance sheet
Savings calculator
FRB Atlanta job opportunities
College savings calculator
Career interest quizOverview
GlossaryINSTRUCTOR TOOLS:
Budget worksheet
Smart Shopper Tips brochureSPENDING & CREDIT SAVING & INVESTING Overview
GlossaryINSTRUCTOR TOOLS:
Credit card rate calculator
Credit card payoff calculator
Auto monthly loan calculator
Auto loan calculator (with trade-in values)
New vs. used car calculator
Buying a car
Mortgage calculatorOverview
GlossaryINSTRUCTOR TOOLS:
Compounding savings calculator (with graphs)
Compounding calculator (investments)
Retirement calculator
Compounding worksheet
Investment spreadsheet
Stocks and bonds quiz
College savings calculator
