Business

__Planning Guide__

Content: (What do you want students to know and be able to do?) Personal Finance - Purchasing a New Car

Objectives: At the conclusion of this activity students will be able to:
 * justify their new car purchase selection
 * understand how application information effect loan terms
 * evaluate loan options (term, APR, monthly payment)
 * evaluate the effect of a new car loan on their budget/income
 * understand all the costs involved in taking on new debt

Pedagogy: Complete the NEFE/Kelly Blue Book units on Financial Planning (Unit I),Budgeting (Unit II), and Credit (Unit III). Introduce the options available in the decision-making process as it pertains to a common personal finance activity - purchasing a new car.

Technology: Accessing various websites to obtain needed information and then entering the options on the established class Moodle site.

__Next Steps__

What next steps will you take to implement this lesson?
 * 1) Provide necessary schema through classroom discussion and text review.
 * 2) Arrange for computer lab time/access for students.
 * 3) Proceed through the four steps of the lesson plan:
 * Explanation
 * Demonstration
 * Correction
 * Repetition
 * 1) Assist students - as needed - in completing the assignment.
 * 2) Review and evaluate the student entries.

Timeline: When are you planning to implement the lesson?
 * Latter 3rd of each semester

Follow Ups: Any other questions or concerns? (in relationship to their completed project above)
 * Students will view the video "No-Brainers: Buying a New Car" and evaluate the information contained therein