Semester Two: Summative Assessment

Project One of Three:(Embed presentation and speech document in your BLOG with a POST titled "Project One of Three")

Use: Google Docs, Prezi, Google Slides, SlideShare, or PowerPoint (NSCS-PersonalFinance.blogspot.com; Post Feb 4, 2016)

for the following:

Write a speech, be sure to include all necessary steps and provide as much detail needed. Make certain that the speech is structured and ordered (provide steps, objectives, etc.) do reduce any listener confusion.

Create a presentation that will accompany the speech. The presentation should not be a copy of your speech, but used to enhance your speech.

TITLE: Financial Health 
TOPIC: Achieving Lifelong Financial Fitness

Your speech is to provide an overview of essential steps to achieving lifelong financial health – include: getting financially organized, tracking your income and spending, understanding credit, and protecting yourself from identity theft. 

In the Script for your speech include corresponding notations for which slide in your presentation should be displayed.



Project Two of Three:
(Embed presentation and speech document in your BLOG with a POST titled "Project Two of Three")

Using Google Spreadsheet and selecting the template "Monthly Budget" create a family budget with the following information:

	Actual:	Budget:
Starting Balance:	$967.28
Income:
Salary: My Job One:	$2,540.31	$2,500
Salary: My Job Two:	$2,540.31	$$2,500
Salary: Spouse Job One:	$1,029.38	$1,000
Salary: Spouse Job Two:	$1,308.53	$1,000
Other Misc. Income:	$250.00	$0

Expenses:	Actual:	Budget:
Housing	895.94	900.00
Home Repair	564.22	500.00
Vehicle One	195.88	195.88
Vehicle Insurance	$124.76	125.00
Vehicle Fuel	464.07	400.00
Vehicle Maintenance	431.07	100.00
Utilities	49.70	60.00
Cell Phone	$246.58	220.00
Groceries	736.57	650.00
Clothing	234.76	150.00
Miscellaneous	572.95	500.00
Student Loads	105.42	150.00
Credit Card	378.00	300.00
Credit Loan	161.00	165.00

Project Three of Three:
(Embed presentation and speech document in your BLOG with a POST titled "Project Three of Three")

Using Google Docs create a paper in MLA format. Be sure to look up the format if you are uncertain. Title the report, "Answers in Personal Finance". Type onto your report the following questions, and then follow each questions with your response. Be sure to answer the question completely and provide as much detail as possible.

Question 1: Taxes

There are two most commonly used forms for Americans to submit their calculations for the Federal Income Tax. Form 1040ez and Form 1040. Write a paragraph that describes the differences between the two forms and and outlines the reasons for using each form over the other.

Question 2: Credit Card

You have your first credit card, it's 21% interest, but the first thing you bought was a computer that you could use for school. The computer's cost was $1,000. You plan to pay $100 per month, even though the credit statement says you only need to pay $42 per month. Other than the computer you only use the card every once in awhile, never more than $20 per month. How many months would it take to pay off your credit card? Explain why it takes longer than the 10 months you thought it was going to take. 

Question 3: Money

The Rich get Richer. How? List and describe three ways that you can make the money that you have make more money for you.