Entries by Naiomi

FiCycle Standards for Personal Finance and Mathematics

To read our standards download here or click through the full standards below. Other helpful documents: Standards Rationale Get a more in-depth picture of the rationale behind our standards such as the five principles that governed our approach and why an approach like this is important given the current state of personal finance and math […]

Projects

Projects Project Workbook: Project Workbook Rubric Materials: Rubric Teacher Guidelines FiCycle General Project Rubric Unit 1 Project Rubric Materials to Practice Projects: Unit 1 Project Practice Spreadsheet Unit 1 Project Practice Spreadsheet *Answers Unit 1 Projects: Sara (Returning to College) Materials: Project 1.1 Financial Statements Template 1.1 Integrated Project *Sample Answer Marco (Managing Student Loans) […]

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What is Debt?

What is credit?  What is debt? “Once I was the credit to my credit card. Spent what I hadn’t got, wasn’t hard.” — Peter Gabriel, Waiting for the Big One. While we have previously discussed money, an asset, here we focus on the liability side of the balance sheet. Many of the words to describe […]

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What is Money

With a rapidly changing financial system, even a simple question like, ‘what is money?’ can become complex. With new financial apps and rise and fall of various flavors of digital currency, it seems that anything or maybe everything could be money. Abstractly, one can think of money as a medium that stores value that is […]