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Integrated videos and classroom activities guide students through future value, discounting, and investment choices.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/exam/","Exam",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/document/personal-finance-how-to-build-wealth/347381/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/personal-finance-how-to-build-wealth/347381.png","ImageObject",300,407,{"name":42,"@type":43},"Himbo","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-11-08","2026-09-22",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",9,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What is the main goal people have when making saving and spending decisions, according to economists?","Question",{"text":63,"@type":64},"They aim to get the most satisfaction from their money over time.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"Why might the value of an asset be lower?",{"text":68,"@type":64},"One reason is that the asset is very risky.",{"name":70,"@type":61,"acceptedAnswer":71},"According to the efficient market hypothesis, what do stock prices reflect?",{"text":72,"@type":64},"They reflect all publicly available information.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},347381,1791483708,{"code":4,"msg":82,"data":83},"success",[84,88,92,95,100,105,110,115,119,122,126],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},"Story & Novel",90,"story-novel",{"id":26,"doc_module":4,"doc_module_name":25,"category_name":89,"show_sort_weight":90,"slug":91},"Literature",80,"literature",{"id":33,"doc_module":4,"doc_module_name":25,"category_name":29,"show_sort_weight":93,"slug":94},70,"exam",{"id":96,"doc_module":4,"doc_module_name":25,"category_name":97,"show_sort_weight":98,"slug":99},5,"Comic",60,"comic",{"id":101,"doc_module":4,"doc_module_name":25,"category_name":102,"show_sort_weight":103,"slug":104},6,"Technology",50,"technology",{"id":106,"doc_module":4,"doc_module_name":25,"category_name":107,"show_sort_weight":108,"slug":109},7,"Healthcare",40,"healthcare",{"id":111,"doc_module":4,"doc_module_name":25,"category_name":112,"show_sort_weight":113,"slug":114},8,"Research & Report",30,"research-report",{"id":55,"doc_module":4,"doc_module_name":25,"category_name":116,"show_sort_weight":117,"slug":118},"Religion & Spirituality",20,"religion-spirituality",{"id":117,"doc_module":4,"doc_module_name":25,"category_name":120,"show_sort_weight":117,"slug":121},"World Cup","world-cup",{"id":123,"doc_module":4,"doc_module_name":25,"category_name":124,"show_sort_weight":123,"slug":125},10,"Lifestyle","lifestyle",{"id":127,"doc_module":4,"doc_module_name":25,"category_name":128,"show_sort_weight":96,"slug":129},19,"General","general",{"code":4,"msg":82,"data":131},{"doc_id":79,"user_id":132,"nickname":42,"user_avatar":133,"doc_module":4,"category_id":33,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":111,"language":139,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":140,"faqs":141,"seo_title":142,"seo_description":12,"update_tm":143,"read_time":117,"preview_page_count":4},687197100911,"https://ap-avatar.wpscdn.com/avatar/a000239b6f1da00475?x-image-process=image/resize,m_fixed,w_180,h_180&k=1785132997149421697","| Unit: Special Topics in Economics | Lesson Title: Personal Finance |\n| --- | --- |\n| How to Build Wealth |  |\n\n\n| Fundamentals | Steps \\#1-2 | 1 Class Periods |\n| --- | --- | --- |\n| Deeper Dive | Steps \\#3-6 | +1 Class Periods |\n\nContext  \nEconomists study personal finance to understand how people make choices about saving, spending, and investing throughout their lives. These decisions are based on the idea that people want to get the most overall benefit or satisfaction from their money over time. Economists consider how people balance spending now versus later, how their income changes at different life stages, and how they deal with financial risks. This lesson introduces key economic ideas and introduces basic economic models that can help individuals make smarter, more informed financial decisions.  \nLesson Outcomes  \nBy the end of the lesson, students will be able to:  \n1. Explain why individuals save money and how economists model saving behavior over a lifetime.  \n2. Describe the concept of consumption smoothing and how it relates to changes in income and utility.  \n3. Understand what assets are and explain how their prices are determined based on expected benefits, resale value, and risk.  \n4. Summarize the efficient market hypothesis and explain why it suggests that stock prices are difficult to predict and why diversification is important.  \nThe Videos  \nThree E4E videos are integrated into this lesson plan.  \n1. Core Video: Personal Finance  \na. Explainer video: Future Value and the Compounding of Interest  \nb. Explainer video: Present Value and Discounting  \nClassroom Activities  \nCore Activity  \n1. Which investment is best? Evaluating three investment bundles  \nDeeper Dive Activities  \n2.  How to Become a Millionaire: Compounding Interest at Work  \n3. When to Get Paid: Looking at Discounting  \nTeacher Note: The two “deep dive” explainer videos get into the formulas for calculating  \npresent and future value. These might be outside of the scope of a typical high school class. The activities under each of the “deep dive” are intended to be high school appropriate and teach the important ideas behind each concept.  \n| STEP \\#1 | Introductory Activity: Which Investment is Best? (20 minutes) |\n| --- | --- |\n\nTeacher Explanation: This activity is meant to have students reflect on the three factors that determine how to price an asset: how much money you receive while owning the asset (revenue stream), the resale value of the asset at a later time and the risk of the asset. Students, working in teams, will evaluate three fictional investment bundles with different profiles and decide which one to acquire based on the three asset pricing factors.  \n| | Teacher Instructions:\u003Cbr>. |\n| --- | --- |\n| 1) Divide the class into groups of three students.\u003Cbr>2) Define the following word/phrases for students:\u003Cbr>a. Asset: Anything you own that has value and can help you earn or save money in the future\u003Cbr>b. Bond: A type of loan you give to a government or business. In return, they agree to pay you back at a later set date, but you receive regular interest payments along the way.\u003Cbr>c. Stock: Represents ownership in a company. When you buy a share of stock, you own a small piece of that company and, possibly receive a share of the company’s profit (dividend)\u003Cbr>d. Revenue Stream: Income you earn while owning the asset\u003Cbr>e. Resale Value: What someone will pay for the asset in the future if you choose to sell it\u003Cbr>f. Risk: How likely it is that things won’t go as planned—like making less money than expected or not being able to sell the asset later.\u003Cbr>3) Distribute an Investment Profile Sheet to each group (see Teacher Printable \\#1 at the end of this lesson) .\u003Cbr>4) Give groups 5 minutes to decide which of the three bundles they choose to invest in. Have them justify their reasoning, explaining which factors were most/least important.\u003Cbr>5) Have groups share out for 1 minute each their decision and reasoning. |  |\n\n\n| STEP \\","cbCaiqaCQBRzNmgr","https://ap.wps.com/l/cbCaiqaCQBRzNmgr","pdf",811188,"English","# How to Build Wealth\n## Lesson Outcomes\n## The Videos\n## Classroom Activities\n### Core Activity\n### Deeper Dive Activities\n## Step #1 Introductory Activity\n## Step #2 Watch Video & Answer Comprehension Questions\n## Deeper Dive Step #3 Watch Future Value Video","[{\"question\":\"What is the main goal people have when making saving and spending decisions, according to economists?\",\"answer\":\"They aim to get the most satisfaction from their money over time.\"},{\"question\":\"Why might the value of an asset be lower?\",\"answer\":\"One reason is that the asset is very risky.\"},{\"question\":\"According to the efficient market hypothesis, what do stock prices reflect?\",\"answer\":\"They reflect all publicly available information.\"}]","Personal Finance - How to Build Wealth | PDF",1790066721]