Diane's+Lesson+Page+2-Collaboration

TECHNOLOGY INTEGRATION FOR MEANINGFUL CLASSROOM USE
** A Standards-Based Approach ** A Problem-based learning unit activity A Collaborative learning lesson plan

My students (grades 9-12) will pretend they are Certified Financial Planners. A client, Chris, arrived at their office and has asked that a personal financial plan be prepared for him/her. If Chris is satisfied with the plan, the planner will receive Chris' investing business for the next 5 years, guaranteed.

Chris graduated last week from a 4-year college with a Bachelor's degree in Business-Marketing. Chris is starting a new job next week, in his/her hometown, which pays $30,000 a year. Chris has no savings or investments but, does have a 4 year old car and a $20,000 loan at 3% APR. The loan is for 10 years with no prepayment penalty. Chris’ parents have offered for Chris to live at home for one year. Chris would be paying them $300 a month, to help pay for food, utilities etc. Today Chris received a $150,000 check in the mail for an inheritance from his/her grandmother. Neither Chris, nor his/her parents were expecting for Chris to inherit anything. Chris’ grandmother's only request, was that Chris save/invest at least half of it for retirement. Chris loved his/her grandmother dearly and will honor her request.
 * Here is the scenario. **

Students will prepare a personal financial plan for Chris, which includes setting financial goals, providing a Net Worth Statement and Income/Expense record, insurance plan and a savings/retirement investment plan. Prior to this unit they have learned what each of these encompass.

In the prior lesson each student researched one company from the DJIA 30. In this lesson they will be introduced to a wiki created for this PBL unit and will post their research findings on the class wiki for all to use in preparing their savings/retirement investment plan. = Daily Lesson GAME Plan Template = Show and Tell || Students will have prior classroom experience in using a wiki. || Unit: Personal Financial Planning-Investing for the Future || **Content Standards: The student will**
 * Lesson Title: Wikis Work Wonders || Future Related Lessons:
 * Each student will be adding their research results from one of the 30 Dow Jones Industrial Average companies to the classroom wiki. They will be working with a partner and using a wiki (3 sets of partners per wiki=6 students) to plan and prepare their personal financial plan for the client, Chris.
 * ** GOALS ** ||
 * demonstrate ways of increasing income through saving/investing.
 * understand the implications of retirement planning.
 * demonstrate an understanding of how to invest in stocks, bonds and mutual funds.
 * explore real-world issues and solve authentic problems using digital tools and resources.
 * model collaborative knowledge construction by engaging in learning with students and others in a virtual environment.


 * **ISTE NETS-S **

o  Creativity and innovation X Communication and collaboration Research and information fluency || 

X Critical thinking, problem-solving, & decision-making X Digital citizenship X Technology operations and concepts || 1. Prepare a class wiki and 4 student team wikis. Obtain all students' e-mail addresses and set them up as members of the wikis. 2. Have students complete the prior lesson which involves individual research. 3. Create a file with the questions students must research on their company, including directions for proper citation of resources. 4. Create 4 wikis and a wiki page on each wiki which provides the PBL scenario along with the project directions. 5. Create an Excel spreadsheet for students to enter their individual stock research statistics into. The completed Excel spreadsheet will be placed on the classroom wiki, which all students will be able to access. 6. Also on the class wiki will be a list of websites which will serve as a starting point for students to use in creating their personal financial plan. Note: The class wiki is a separate wiki from those the students will use in preparing their financial plans. Students will have prior experience in using the classroom wiki. || I have 28 Internet connected computers in my classroom || 1/2 class period
 * Instructional objective(s): The student will **
 * establish goals for a savings/investment plan.
 * <span style="font-family: 'Arial','sans-serif'; font-size: 10pt;">demonstrate the steps involved in developing a personal investment plan.
 * <span style="font-family: 'Arial','sans-serif'; font-size: 10pt;">examine the financial implications of an inheritance.
 * <span style="font-family: 'Arial','sans-serif'; font-size: 10pt;">identify sources of information for selecting stocks, bonds and mutual funds.
 * <span style="font-family: 'Arial','sans-serif'; font-size: 10pt;">determine if a stock/bond/mutual fund purchase matches a person’s investment goals.
 * <span style="font-family: 'Arial','sans-serif'; font-size: 10pt;">prepare a personal financial plan for a client.
 * ** ACTION  ** ||
 * <span style="font-family: 'Arial','sans-serif'; font-size: 10pt;">Before-class preparation:
 * <span style="display: block; font-family: 'Arial','sans-serif'; font-size: 10pt; text-align: center;">During class ||
 * **<span style="font-family: 'Arial','sans-serif'; font-size: 10pt;">Time ** || **<span style="font-family: 'Arial','sans-serif'; font-size: 10pt;">Instructional Activities ** || **<span style="font-family: 'Arial','sans-serif'; font-size: 10pt;">Materials & Resources- **
 * <span style="font-family: 'Arial','sans-serif'; font-size: 10pt;">

1/2 class periods

7 class periods || <span style="font-family: 'Arial','sans-serif'; font-size: 10pt;">Describe the PBL activity (including the sticky scenario, the use of the wiki site for collaborative learning and the upcoming reflection via digital storytelling.

Demonstrate to students how to add their research information to the excel spreadsheet on the wiki stock research page; as well as how to have each student team create their own pages on their wikis.

Students will post their research results in the Excel spreadsheet on the wiki stock research page of the classroom wiki.

Each pair of students will create the personal financial plan for the client, using a wiki for planning. They will present the plan via their wiki pages. || <span style="font-family: 'Arial','sans-serif'; font-size: 10pt;">Sticky scenario file

Excel spreadsheet

Wiki site links

Student daily log of attempts, accomplishments, problems/concerns and learning.

Student daily log response sheet.

Student daily log of attempts, accomplishments, problems/concerns and learning. || <span style="font-family: 'Arial','sans-serif'; font-size: 10pt;"> Notes: Student groupings, environmental modifications needed, etc.

Students will be seated with a strong student on either side of a weaker student so they can help each other out. Once the students enter their data into the Excel spreadsheet, they will begin planning their personal financial plan. Students will work in pairs to complete their personal financial plan. Three pairs of students will be assigned to each wiki.


 * ** MONITOR ** ||

<span style="font-family: 'Arial','sans-serif'; font-size: 10pt;">Ongoing assessment(s): I will be monitoring their Excel input, being certain one student at a time is entering their statistics. While not working with the Excel spreadsheet, students will be working in pairs on creating their financial plan. I will be circulating throughout the room monitoring their activities and providing guidance as needed.

Accommodations and extensions: Students will be permitted to come in before/after school and during study halls as well as work on this outside of the classroom. Most, if not all, of my students have computers at home.

Backup plan: If there are computer problems on any day (which has only happened twice in 12 years in my classroom), we will use a paper copies of the Excel spreadsheet and students will hand record statistics, which will be keyed in later. Students will each use one of a classroom set of books on different investment vehicles, to begin their research on types of investments. <span style="font-family: 'Arial','sans-serif'; font-size: 10pt;">Lesson reflections and notes: Students will be evaluated on the thoroughness of the personal financial plan they complete, including their bibliography. A rubric will be provided to them at the beginning of the PBL unit. Their daily reflection log will be used as a formative assessment, and as content for their digital storytelling ( a future lesson).
 * ** EVALUATE AND EXTEND ** ||

I will have a Certified Financial Planner come and speak with the class before the project begins and again to assess and comment on their final plans. The certified financial planner will have access to the wikis and will be able to post comments on each group's respective wiki pages.