Student Workbook

Student
Workbook
Name_________________________________________________________
Checking Account Number______________________________
Student Workbook Overview
Copyright © 1989 – 2012
Young Americans Center for Financial Education
3550 East First Avenue, Denver, Colorado 80206
303. 321. 2265
2012 Printing
Table of Contents
Student Workbook Overview ……………………………………………..
Young AmeriTowne Pretest ………………………………………………
Young AmeriTowne Words to Know …………………………………….
Circular Flow ……………………………………………………………….
Free Enterprise Map ………………………………………………………
Young AmeriTowne – Headquarters …………………………………….
Young AmeriTowne – Belmar ……………………………………………
Young AmeriTowne Businesses …………………………………………
Young AmeriTowne Help Wanted Ads ………………………………….
We Compete!……………………………………………………………….
Product Survey……………………………………………………………..
Design Your Own Money………………………………………………….
How to Make a Deposit……………………………………………………
Practice Deposit Slips……………………………………………………...
Young AmeriTowne Practice Checkbook Register……………………..
How to Write a Check……………………………………………………...
Practice Checks…………………………………………………………….
Profiles in Plastic…………………………………………………………...
Credit Card Confusion………………………………………………… ….
Debit/ATM Cards: The Good and The Bad……………………………..
Ten Terrific Tips……………………………………………………………
Tracking Your Money……………………………………………………...
Check Register…………………………………………………………….
Primary and General Election Ballots……………………………………
Savings Goals………………………………………………………………
Budget Worksheet for Household of Four……………………………….
Investment Risk Pyramid………………………………………………….
What Kind of Risk Taker are You?……………………………………….
Young AmeriTowne Investment Application…………………………….
Personal Investment Results Sheet……………………………………..
Young AmeriTowne Skills Assessment: Part I………………………….
Young AmeriTowne Skills Assessment: Part II…………………………
Young AmeriTowne Job Application……………………………………..
Young AmeriTowne Postcards..………………………………………….
Nonprofit Research Worksheets…….……………………………………
Doing My Part……….……………………………………………………...
Tips For Giving Wisely……………………………………………………..
Young AmeriTowne Nonprofits – Headquarters………………………..
Young AmeriTowne Nonprofits – Belmar..…………………………….
Young AmeriTowne Final Test……………………………………………
Young AmeriTowne Student Evaluation…………………………………
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Young AmeriTowne Pretest
Directions: Circle the letter of the correct answer.
1. The study of the ways people produce, distribute and consume goods and services is the definition of:
A.
Entrepreneur
B.
Economics
C.
Investment
D.
Resource
2. Which of the following is not an example of the flow of money in the economic cycle?
A.
A business sells a product to a consumer
B.
A business pays its employees for their work
C.
A company goes out of business
D.
A consumer buys goods from a business
3. Which business provides goods to consumers?
A.
A doctor
B.
A computer technician
C.
A grocery store
D.
A hair stylist
4. If bad weather causes most of the orange trees to die, the price of orange juice will probably rise.
A.
True
B.
False
5. For a business to be successful, it is important to know _____________.
A.
How much consumers are willing to save
B.
People with a lot of money
C.
Which goods were popular a long time ago
D.
What consumers want to buy and how much they are willing to spend
6. Which of the following is an example of a service:
A.
A jewelry store sells a bracelet
B.
A bank cashes a check for an account holder
C.
A clothing store sells a T-shirt
D.
A bookstore sells a book
7. What are the three branches of government?
A.
Economics, administration and politics
B.
Executive, legislative and judicial
C.
Congressional, banking and legal
D.
Producer, consumer and entrepreneur
Young AmeriTowne
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8. Your check register shows you have a checking account balance of $5.00. You have $2.00 in cash.
You may _________.
A.
Write a check to the Containers Shop for $7.00 to buy a briefcase
B.
Write a check to the Snack Shop for a drink and chips for $6.00
C.
Pay $3.00 cash to buy an address book
D.
Write a check for $5.00 to the Sign and Print Shop for a bottle of magic ink
9. The prices for products in Young AmeriTowne are determined by _________.
A.
Salaries
B.
Supply and demand for items
C.
Cost of supplies
D.
Cost of advertising
10. Which business made a profit?
A.
Snack Shop: expenses -- $280, sold $280 worth of food
B.
Sign and Print: expenses -- $315, sold $345 worth of signs and products
C.
TV Station: expenses -- $253, sold $227 worth of advertising
D.
Bank: expenses -- $476, made $467 in interest
11. A good law should be______________.
A.
Less than ten words
B.
Easy to understand
C.
Hard to enforce
D.
Fair only to the people who voted for it
12. Which branch of government is responsible for making laws?
A.
Judicial
B.
Political
C.
Legislative
D.
Executive
13. People who go to the store to buy things are called?
A.
Consumers
B.
Employees
C.
Producers
D.
Providers
14. The Young AmeriTowne Bank is a business. What is one way it earns a profit?
A.
By printing dollar bills
B.
By making loans
C.
By making coins
D.
By paying interest on savings accounts
15. Which situation would probably cause the price of candy to be lowest?
A.
Only one shop sells candy
B.
Salaries are increased
C.
Two shops sell candy
D.
Candy is for sale in four different shops
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16. If you invest money in a company’s stock ____________________.
A.
You are a shareholder in that company
B.
You’ve made an ownership investment
C.
You may receive a portion of the money made by that company
D.
All of the above
17. McDonald’s restaurant deals mainly with ____________________.
A.
Services
B.
Goods
C.
Opportunities
D.
None of the above
18. Rachel wants to play soccer and go to a movie. She chooses to play soccer. What does her decision
cost?
A.
Time used for playing soccer
B.
The movie
C.
Money for the movie
D.
Getting something for nothing
19. John is working in the Snack Shop. He has seven customers who want to buy cookies. He has only
four cookies left. What should John do?
A.
Lower the price so more people can buy the cookies
B.
Raise the price of cookies so fewer people will want them
C.
Do nothing
D.
Spend more money on advertising
20. Donna deposits $25 into her checking account. She then writes a check for $11.00. What is the
balance in her checking account?
A.
$36
B.
$25
C.
$14
D.
$13
21. Nick has a $10.00 balance in his checking account. He deposits $20.00 and writes a check for $40.00
to buy some new shoes. How much money does Nick now have in his checking account?
A.
$10.00
B.
$30.00
C.
$40.00
D.
Overdrawn by $10.00
22. Savings accounts are used to save money, earn interest and write checks.
A.
True
B.
False
23. A budget is used for ___________________________?
A.
Making sure you spend all of your money
B.
Making sure expenses are always greater than income
C.
Making sure no one steals your money
D.
Planning how to spend and save your money
Young AmeriTowne
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24. To run a business successfully __________________?
A.
Employees should work together as a team
B.
The manager should do everything herself
C.
Employees should come and go as they please
D.
The accountant should not pay expenses
25. The role of media in our economic system is to________________?
A.
Communicate with only small groups of people
B.
Exchange information and communicate with a large number of people
C.
Make sure people only find out what the government wants them to know
D.
Only advertise the products they like
26. Advertising is used to provide information and tell people about the goods and services offered by a
business.
A.
True
B.
False
27. The most important reason for a job interview is to__________?
A.
Find out if you like the interviewer
B.
Let the interviewer know what you do not like to do
C.
Convince the interviewer you are the best, most qualified person for the job
D.
Find out how much money you will get paid
28. A business makes a profit when__________?
A.
It makes more money than it spends
B.
Expenses are greater than income
C.
It sells all of its products
D.
It has a $100.00 balance in its checking account
29. You should never endorse checks you are going to deposit.
A.
True
B.
False
30. There is always risk involved while investing.
A.
True
B.
False
Young AmeriTowne
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Young AmeriTowne
Words to Know
Advertising: The means of attracting public attention to a business and the goods and services it
sells.
Balance: The amount of money in a savings or checking account.
Bank: An institution that receives, lends, borrows, exchanges, issues and safeguards money.
Barter: The direct trading of goods and services between people without using money as an
intermediate step.
Bond: A bond is an IOU. When you buy a bond, you loan money to a company or government. In
return, the borrower repays the amount borrowed with interest.
Budget: An itemized list of predicted income and expenses over a period of time; sometimes called a
spending plan.
Certificate of Deposit: An investment purchased for a specific amount of money at a fixed rate of
interest; also called a “CD.”
Check: A written order instructing a bank to pay money.
Check Register: A record showing the check number, person to whom the check is paid, amount of
check, date and balance.
Checking Account: An account from which money can be withdrawn at any time by writing a check.
Commodity: Products like corn, soybeans, wheat, cattle, gold, crude oil and foreign currencies.
Competition: When two or more businesses try to win over a customer to buy their product or service.
(See Pure Competition.)
Consumers: People who buy and use goods and services; also called buyers.
Credit: An extension of money or promise by one party to pay another for money borrowed or for
goods and/or services; a sum deposited or added to an account
Currency: Coins and paper money.
Debit: A sum withdrawn or subtracted from an account.
Debit Cards: Debit cards allow you to “pay now.” When you use a debit card, you are actually using
your own money in your bank account. Debit cards offer a convenient alternative to carrying cash or a
checkbook.
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Demand: The different quantities of a resource, good or service that will be purchased at various
prices during a specific time period; the willingness and ability to purchase goods and services for a
particular price.
Deposit: To put money into a checking or savings account.
Diversification: Investing in many different stocks and bonds.
Dividend: Payments that stockholders receive that are a portion of a company's profit.
Economics: Social science concerned chiefly with the way society chooses to employ limited
resources, which have alternative uses, to produce goods and services for present and future
consumption.
Endorsement: The signature on the back of a check that allows it to be cashed or deposited.
Expense: A cost.
Free Enterprise: The idea that people can invest in a business in order to earn a profit.
Futures Contract: A deal made now to take place in the future; an investor contracts to buy or sell a
commodity at a future date, guessing on the value of the commodity on that date.
Goods: Objects that can satisfy people’s want.
Income: Payments (wages, rents, interest, profits) received for the provision of resources.
Interest: The income paid to savers; also the cost for the use of credit.
Investing: Spending for the production and accumulation of capital resources; using money to make
more money
Loan: Money borrowed by an individual or a business to be paid back with interest.
Media: A means of mass communication.
Mutual Fund: A pool of money from many investors that is used to buy different stocks and bonds.
Needs: Things we must have to survive.
Opportunity Cost: The thing that is given up when a choice is made.
Overdraft: A check written for a larger amount than the balance in a checking account. The check
“bounces” and the account is “overdrawn.”
Philanthropy: The act of giving a gift or showing kindness; voluntary action for the public good.
Portfolio: All the stocks, bonds or mutual funds owned by one investor.
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Producers: People who combine natural, human and/or capital resources to make goods or provide
services.
Profit: The amount of a firm’s total revenues in excess of its total costs.
Pure competition: A market structure characterized by many buyers and sellers, firms producing
identical products and no barriers to producers to enter and exit.
Real Estate: Property.
Resources: Inputs or factors used in the production of goods and services. Resources are generally
categorized as land (natural resources), labor and capital (man-made resources).
Revenue: The amount of money a business receives from sales of goods and services.
Savings: Disposable income not spent for consumer goods.
Savings Account: An account in which money is deposited and is used to save for long-term goals.
Banks pay interest to savings account customers.
Scarcity: The condition that exists because resources are in fixed or limited supply relative to demand.
Thus a cost must be borne in order to obtain a resource when this condition exists.
Services: Activities that can satisfy human wants; something that one person does for someone else,
usually for a wage.
Signature Card: A card on file at the bank with the signature of the person(s) authorized to use an
account.
Stocks: Stocks represent ownership or a share of a company. When you buy a stock, you buy part of
the company. If the company does well, the stock goes up in price.
Supply: The different quantities of a resource, good or service that will be offered for sale at various
possible prices during a specific time period.
Wages: Payment for human resources or labor; this payment is also known as salaries.
Wants: Things we want for enjoyment or to make life easier in some way.
Withdraw: To take money out of an account.
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Circular Flow
Government
Households
Business Firms
(Consumers, workers and investors)
(Manufacturers,
distributors and retailers)
Young AmeriTowne
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Free Enterprise Map
Instructions: Answer the questions on the Free Enterprise Map!
_____________________________
_____________________________
_____________________________
What is free
enterprise?
Who benefits
from free
enterprise?
How does a
person use free
enterprise?
______________________
________________________
________________________
________________________
______________________
Free
Enterprise
______________________
Why do I need
to know about
free enterprise?
What are some of
the advantages of
free enterprise?
____________________________
____________________________
What are some of
the features of
free enterprise?
____________________________
____________________________
____________________________
____________________________
____________________________
____________________________
____________________________
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Young AmeriTowne
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Young AmeriTowne
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11
Young AmeriTowne Businesses
Citizens of Young AmeriTowne are employed in one of the following businesses. All citizens apply and
interview for the jobs of their choice. Once at work, citizens work as producers, earn a paycheck and
spend their breaks as consumers purchasing goods and services from the businesses in Towne
BANK: Provides personal and business checking
accounts and business loans. Positions available:
President, Vice President, Tellers, Computer
Operators/File Clerks.
COLLEGE: Offers video courses to citizens who
seek career information. Provides student ID cards
to those who complete course work. “Yearbook”
photos are available for sale. Positions available:
President, Accountant, Career Counselor, Virtual
Yearbook Photographer.
PARTS AND SERVICE SHOP: Provides automotive
maintenance services to businesses, offers car care
information and sells automotive-related products.
Positions available: Manager, Accountant, Service
Technicians.
RADIO STATION: Plays music by request and
provides advertising for all Young AmeriTowne
businesses. Positions available: Manager,
Accountant, DJ’s/Ad Agents.
CONTAINERS: Assembles and sells containers and
other products. Assembles and decorates teacher
gifts. Positions available: Manager, Accountant,
Assemblers/Finishers.
SIGN AND PRINT SHOP: Produces business and
custom-made signs using computer technology and
sells merchandise. Positions available: Manager,
Accountant, Graphic Artists, Designers/Salespeople.
INVESTMENT COMPANY: Provides information to
citizens about investments and offers opportunity to
change investment option. Records investor data on
computers and sells merchandise. Positions
available: Manager, Accountant and Investment
Advisors.
SNACK SHOP: Sells snack items such as frozen
treats, drinks and cookies. Positions available:
Manager, Accountant, Salespeople.
MARKET: Sells and bags packaged food items such
as chips and candy, as well as other merchandise.
Rotates and stocks products on shelves. Positions
available: Manager, Accountant, Cashiers.
MEDICAL CENTER: Completes a variety of tests
on patients, provides medical information, preventive
advice and diagnoses for medical problems.
Positions available: Manager, Accountant, Doctors,
Health Technicians/Insurance Coordinators.
NEWSPAPER: Reports on news in Young
AmeriTowne and provides advertising for
businesses. The newspaper is produced on
computers, copied, assembled and sold around
Towne. Positions available: Editor/Manager,
Accountant, Reporters, Typists/Ad Agents.
PARCEL SERVICE: Provides mail delivery services
for businesses and citizens, also sells stamps and
products. Positions available: Manager, Accountant,
Parcel Carriers/Salespeople.
Young AmeriTowne
TELEVISION STATION: Produces commercials for
each business and a newscast. Positions available:
Manager, Accountant, Photojournalists,
Reporters/Ad Agents.
TOWNE HALL: Center of AmeriTowne government.
Issues business licenses, upholds laws, issues
citations, collects fines and coordinates community
philanthropic activities. Positions available: Mayor
and Judge (elected positions), Accountant, Police
Officers, Community Relations Director.
TRAVEL COMPANY: Provides travel instruction and
sells a variety of products. Positions available:
Manager, Accountant and Travel Instructors.
UTILITY COMPANY: Completes maintenance in
shops around Towne and sells a variety of products.
Positions available: Plant Manager, Accountant,
Field Technicians.
WAREHOUSE: Delivers and stocks materials and
supplies for businesses and sells goods. Positions
available: Manager, Accountant, Stock/Delivery
people.
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12
HeLP WanTeD
BANK
Bank President needed to
approve loans and supervise
operations. Problem solving,
leadership, organizational and
math skills necessary. Coordinates
corporate philanthropic decision
and responsible for designing
bank website.
Bank Vice President position
available. Top math skills and good
record keeping abilities a must.
Bank needs Computer Operators
with computer experience and
ability to handle large workloads.
Bank Tellers with strong
money-handling skills
and friendly smiles
needed at local bank.
COLLEGE
Person with leadership skills
needed as College President.
Must be interested in education
and able to manage others.
Responsible for design of college
website. Coordinates decision
making on corporate philanthropic
donation. Data entry when
necessary.
Accountant needed
to keep track of
tuition payments
and pay all
business
expenses for College.
An outgoing individual with an
eye for candid shots needed for
Virtual Yearbook Photographer.
Data entry when necessary.
CONTAINERS
A Manager with manufacturing
experience and good leadership
skills needed to supervise the
Containers Shop. Responsible for
design of shop website.
Coordinates decision making
on corporate philanthropic donation.
Data entry when necessary.
Do you pay attention to detail and
like working with money? Apply for
Accountant in the Containers
Shop. Strong math skills a plus.
Assemblers/Finishers needed
to make, decorate and sell
corrugated products and make
hand crafted items at the fast-paced
Containers Shop. Must enjoy
detailed work and possess
good customer service skills. Data
entry when necessary.
Be a part of the exciting field of
finance and investment. Apply for
the position of Accountant at the
Investment Company.
MARKET
Do you enjoy a busy work
environment?
Are you able to
oversee the work
of others? Apply for
the Manager
position at the Market. Also
coordinates decision making on
corporate philanthropic donation
and design of shop website. Data
entry when necessary.
Accountant needed to
pay bills and make deposits for
local market. Ability to work under
pressure necessary.
Outgoing, helpful individuals
needed to sell food and other
products at popular Market.
Apply for the job of Cashier!
Data entry when necessary.
INVESTMENT COMPANY
Manager needed to oversee
investments and employees as well
as keep financial records at
Investment Company. Responsible
for design of company website.
Coordinates decision making on
corporate philanthropic donation.
Data entry when necessary.
Would you like to help people make
wise investment choices? Apply for
the position of Investment Advisor
at the Investment Company. Data
entry when necessary.
MEDICAL CENTER
Manager needed at medical center
to oversee patient care, manage
employees and coordinate decision
making on corporate philanthropic
donation. Also responsible for
design of medical center website.
Medical Center needs Doctors with
kind hearts to diagnose and treat
local citizens. Data entry when
necessary.
Career Counselors needed to
advise students of available
courses, operate computers and
laminator. Data entry when
necessary.
Young AmeriTowne
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13
HeLP WanTeD
Health Technicians/Insurance
Coordinators needed to assist with
patient care and computer input.
Do you enjoy the action of the
exciting medical field? Are your
math skills top notch? You would
be a great Accountant at the
Medical Center.
NEWSPAPER
Manager/Editor to copy, edit
and write editorial column for
local paper. Coordinates decision
making on corporate philanthropic
donations and is responsible for
design of newspaper website.
Hard-working, assertive people
with good writing skills and a nose
for news, apply for Newspaper
Reporter openings today!
Typist/Ad Agent
is needed to
type stories from
hand-written reporters’ notes.
Also responsible for layout and
paste-up of shop ads. Accurate
typing skills and love for details a
must.
Organized? Like to work with
numbers? Good at seeking out
extra work? Local newspaper
needs an Accountant.
PARCEL SERVICE
Manager with sales and
peopl people skills to supervise
Parcel Parcel Service business.
Also, cAlso, coordinates decision
makin making on corporate
hilan philanthropic donation and
designs shop website. Data entry
when necessary.
Accountant with strong math
skills needed to handle payments
and expenses for Parcel Service.
Young AmeriTowne
If you like to be on the move, meet
people, and make sales, apply for
Parcel Carrier/Salesperson.
Excellent reading skills a must.
Data entry when necessary.
PARTS AND SERVICE
Do you love mechanical things?
Apply for the job of Manager of the
Parts and Service Shop. Ability to
direct others and stay organized a
plus. Coordinates decision making
on corporate philanthropic donation
and designs shop website. Data
entry when necessary.
Service Technician positions open
for friendly, helpful people who
enjoy customer contact. Apply to
Parts and Service Shop. Data entry
when necessary.
Accountant needed to keep
financial records at busy Parts
and Services.
RADIO STATION
Manager needed to supervise staff,
coordinate decision making on
corporate philanthropic donation
and design station website. Data
entry when necessary.
Accountant position open. Person
with good math skills needed to
keep financial records for exciting
broadcasting business.
Disc Jockeys/Ad Agents needed.
A strong voice, good sense of
humor and knowledge of music
a must! Data entry when required.
SIGN AND PRINT SHOP
Manager who is good at delegating
responsibilities and has strong
leadership skills needed at Sign
and Print Shop.
Coordinates decision
making on corporate
philanthropic donation
and designs shop website. Data
entry when necessary.
Accountant needed to keep track
of income and expenses for busy
Sign and Print Shop.
Sign and Print Shop seeking
Graphic Artists with computer
experience to design business and
personal signs. Spelling and typing
skills a must. Data entry when
necessary.
Designers/Salespeople needed to
color and deliver signs and make
sales. Ability to work on many
tasks at once necessary. Data
entry when necessary.
SNACK SHOP
Are you a born leader? Does
working around food appeal to you?
Do you enjoy serving customers
and supervising others? Apply for
position of Snack Shop Manager.
Also coordinates decision making
on corporate philanthropic donation
and designs shop website. Data
entry when necessary.
Accountant needed
to handle large cash flow for Snack
Shop. Good math skills a must!
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14
HeLP WanTeD
Outgoing personalities required for
Salesperson positions at local
snack shop. Must be hard-working
and have good sales skills. Data
entry when necessary.
TELEVISION STATION
T.V. station needs Manager to
supervise employees. Must be well
organized and able to direct others.
Also coordinates decision making
on corporate philanthropic donation
and is responsible for design of
station website.
Local T.V. station seeking an
Accountant to pay bills and make
deposits.
TV Reporters/Ad Agents. Bring
your nose for news and your
speaking and writing skills to this
position. Must also do advertising
interviews and meet deadlines.
TV Photojournalist. Video camera
experience and a steady
hand needed for
photographing news
stories and commercials.
TOWNE HALL
Are you a highly motivated person
with skills in good speaking and
management? Run for the office of
Towne Mayor. Duties include
decision making on corporate
philanthropic donation and design
of Towne Hall website.
Do you have a strong sense of
justice? Able to resolve conflicts
and make fair decisions? Run
for the office of Towne Judge.
Towne Hall Accountant needed to
handle Towne Hall accounts and
keep track of payments for rent,
business licenses and fines.
Young AmeriTowne
Police Officers needed to protect
and serve. Will issue
citations and
act as community
peacekeepers.
Knowledge of laws required. May
also be asked to participate in the
Opening Ceremony when the
Mayor and Judge are sworn in.
Do you enjoy helping others do
their best? Are you interested in
philanthropic issues? You might
be the person to act as Community
Relations Director at the Towne
Hall.
TRAVEL COMPANY
Adventure-seeking person needed
as Manager of Travel Company.
Should be well organized and able
to supervise employees. Also
coordinates decision-making on
corporate philanthropic donation
and designs company website.
Data entry when necessary.
Accountant with excellent math
skills needed for fast-paced Travel
Company.
Outgoing individuals with good
communication skills needed as
Travel Instructors. Data entry
when necessary.
NOTICE
Advertisements in these
employment columns have been
accepted on the premise that jobs
offered
will be filled on the basis of merit
and ability, without discrimination
because of race, color, creed, sex,
religion or national origin, in
compliance with Federal, State
and Local laws.
Student Workbook
UTILITY COMPANY
Plant Manager needed to
supervise operations at the Utility
Company. Responsible for design
of shop website. Also coordinates
decision making on corporate
philanthropic donation. Data entry
when necessary.
Do you like working with your
hands? Do you enjoy paying
attention to detail? Apply for the
position of Field Technician at the
Utility Company. Sales skills a
plus. Data entry when necessary.
The Utility Company needs an
Accountant to pay bills and make
deposits. Strong math skills helpful
WAREHOUSE
Manager to oversee employees
and business operations. Ability to
perform many tasks at once helpful.
Also coordinates decision making
on corporate philanthropic donation
and designs warehouse website.
Data entry when necessary.
Local warehouse seeking Stock/
Delivery people to deliver boxes to
businesses and stock supply boxes
for future use by Towne citizens.
Patience, good reading skills
and
the ability to
stick with a task
important.
Attention to small details a plus.
Data entry when necessary.
Accountant needed to pay bills
and deposit income from busy
warehouse.
15
We Compete!
Some of the ways businesses compete with each other include offering
lower prices, better quality goods and services, or greater convenience.
Read the signs below. Decide which way of competing is shown in
each one. Write “P” for price, “Q” for quality, or “C” for convenience in
the space below each sign.
Oil Change
& Lube
Special Offer
$8
1. ____
Now Open
Factory-Trained
‘Til
Mechanic
Midnight
Service
2. ____
3. ____
Bank by Computer
Buddy’s Burgers
The Poodle Van
Save Time!
2 For the Price of 1
Dog Grooming
Save Gas!
Every Monday
In Your Home
4. ____
5. ____
6. ____
Jogging Suits
Leather Goods
Belts Purses
Tuffy Tires
1/3 Off
Made by
Experienced
Craftsmen
They Cost More
But They Outlast
All Other Tires!
While They Last
7. ____
Young AmeriTowne
8. ____
Student Workbook
9. ____
16
Product Survey
Question: ________________________________________________________
Choice #1:
Choice #2:
_____________
_____________
Record answers to your survey by coloring one block for each vote on the correct bar graph
starting at the bottom of the column.
What percent of the class chose #1? ______________
What percent of the class chose #2? ______________
Young AmeriTowne
Student Workbook
17
Design Your Own Money
Now that you know more about the history of money, here is your
chance to put your imagination to work. Use the space below to
draw the front and back of your own money, either currency or
coin. Whose face will you use? What symbol might you want?
How much will your money be worth? Can you make it more
convenient than the money we have now? Will it have built-in
anti-counterfeit features? Have fun and create.
Young AmeriTowne
Student Workbook
18
How to Make a Deposit
A deposit is money put into an account. You must complete a deposit slip whenever
you want to put money into your checking account. Follow the directions below to
learn how to fill out a deposit slip.
3
1
Name______________________________
Account No. ________________________
CASH
INCLUDING COINS
2
9
4
DATE________________________________
5
10
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
List
Checks
Singly
OR TOTAL FROM
SUB TOTAL
6
7
Young
AmeriTowne
Bank
LESS CASH
RECEIVED
8
1. Print your first and last name.
2. Print your account number .
3. Write the total amount of cash, including coins you are going to deposit, on this line.
4. Write the amount of each check you plan to deposit on these lines. If you have more
than three checks to deposit, write the amounts of the checks on the other side of the
deposit slip.
5. Add the checks on the back of the deposit slip and write the total on this line.
6. Add all amounts listed on the front of the deposit slip together and write the total on
this line.
7. Write the amount of cash back from the deposit you want on this line.
8. Subtract the amount of cash you want from the sub-total and write the new total here.
This is the amount you will add to your register.
9. Write the date you are making the deposit.
10. Sign your name on this line in cursive when you want the teller to give you cash.
Young AmeriTowne
Student Workbook
19
Practice Deposit Slips
Practice: Write the deposits below for the following amounts. Make entries for each deposit on the Practice
Checkbook Register.
Deposit $10.00 of a $25.00 paycheck. Be sure to write down the amount of cash you will receive on the
line for “Less Cash Received.”
Deposit $3.50 in cash, and a $5.00 check. You will not receive any cash back.
Deposit a check for $2,000.00 that you made from investing in the stock market.
Young AmeriTowne
Student Workbook
20
Young AmeriTowne Practice Checkbook Register
Instructions: Follow your teacher’s instructions for recording deposits and checks.
Remember to add deposits and subtract checks. Make sure you figure your new balance
after each transaction.
Check
#
Date
Paid to or Deposit
For what reason?
(-)
Amount
of
Check
(+)
Amount
of
Deposit
Balance

+/=
+/=
+/=
+/=
+/=
+/=
+/=
+/=
+/=
+/=
+/=
+/=
+/=
+/=
+/=
Young AmeriTowne
Student Workbook
21
How to Write a Check
Writing a check is a way to give someone money without actually giving cash. When
you write a check, the amount of money written on the check is taken from your
account and given to the person or business that cashes it. Follow the directions
below to learn how to fill out a check.
1
2
Name________________________
3
Acct. No._____________________
4
No. ______
_____________________ , 20_____
6
5
Pay to the
Order of
$
Dollars
7
Young
AmeriTowne
Bank
8
9
For
1. Print your first and last name.
2. Print your account number.
3. Number each check in order on this line starting with number “1.” Number the next
check number “2” and so on. Each check should have a different number to help
you keep track of it.
4. Write the date you are writing the check.
5. The name of the person or business you are paying goes on this line. Be sure to
write clearly. If you are writing the check to get cash from your account, write the
word “cash” on this line.
6. Write the amount of the check in numbers and decimals in this box.
7. Write the amount of the check in words on this line. Start as close to the left edge
of the line as possible and fill leftover space with a straight line.
8. Use this line to keep track of the reason for writing the check.
9. Sign your first and last name in cursive on this line. Only properly signed checks
can be cashed.
Young AmeriTowne
Student Workbook
22
Practice Checks
Practice: Write the checks below for the amounts listed. Fill out all parts of each check.
Record each check on the Practice Checkbook Register. Figure out your balance after
each transaction.
Check #1 to the Containers Shop for $3.00 for a briefcase.
Check #2 to the Market for $2.00 for a bag of chips.
Check #3 to the Towne Hall for $2.00 to pay a fine.
Name__________________________
Acct. No.________________________
NO.__________
_____________________ , 20____
Pay to the
Order of
$
Dollars
Young
AmeriTowne
Bank
For
Name__________________________
Acct. No.________________________
NO.__________
_____________________ , 20____
Pay to the
Order of
$
Dollars
Young
AmeriTowne
Bank
For
Name__________________________
Acct. No.________________________
NO.__________
_____________________ , 20____
Pay to the
Order of
$
Dollars
Young
AmeriTowne
Bank
For
Young AmeriTowne
Student Workbook
23
Practice Checks
Follow your teacher’s instructions for writing practice checks. Don’t forget to record each
check on the Practice Checkbook Register. Figure out your balance after each transaction.
Name__________________________
Acct. No.________________________
NO.__________
_____________________ , 20____
Pay to the
Order of
$
Dollars
Young
AmeriTowne
Bank
For
Name__________________________
Acct. No.________________________
NO.__________
_____________________ , 20____
Pay to the
Order of
$
Dollars
Young
AmeriTowne
Bank
For
Name__________________________
Acct. No.________________________
NO.__________
_____________________ , 20____
Pay to the
Order of
$
Dollars
Young
AmeriTowne
Bank
For
Young AmeriTowne
Student Workbook
24
Name__________________________
Acct. No.________________________
NO.__________
_____________________ , 20____
Pay to the
Order of
$
Dollars
Young
AmeriTowne
Bank
For
Name__________________________
Acct. No.________________________
NO.__________
_____________________ , 20____
Pay to the
Order of
$
Dollars
Young
AmeriTowne
Bank
For
Name__________________________
Acct. No.________________________
NO.__________
_____________________ , 20____
Pay to the
Order of
$
Dollars
Young
AmeriTowne
Bank
For
Young AmeriTowne
Student Workbook
25
Name__________________________
Acct. No.________________________
NO.__________
_____________________ , 20____
Pay to the
Order of
$
Dollars
Young
AmeriTowne
Bank
For
Name__________________________
Acct. No.________________________
NO.__________
_____________________ , 20____
Pay to the
Order of
$
Dollars
Young
AmeriTowne
Bank
For
Name__________________________
Acct. No.________________________
NO.__________
_____________________ , 20____
Pay to the
Order of
$
Dollars
Young
AmeriTowne
Bank
For
Young AmeriTowne
Student Workbook
26
Name__________________________
Acct. No.________________________
NO.__________
_____________________ , 20____
Pay to the
Order of
$
Dollars
Young
AmeriTowne
Bank
For
Name__________________________
Acct. No.________________________
NO.__________
_____________________ , 20____
Pay to the
Order of
$
Dollars
Young
AmeriTowne
Bank
For
Name__________________________
Acct. No.________________________
NO.__________
_____________________ , 20____
Pay to the
Order of
$
Dollars
Young
AmeriTowne
Bank
For
Young AmeriTowne
Student Workbook
27
Profiles in Plastic
Managing your money isn’t as easy as it sounds. As you read our Profiles in Plastic,
consider whether or not the individual has made the right choice.
$
Bob considers himself to be in complete control of his finances. He thinks it’s easy
to manage money. He can do it all in his head. He deposits $200 every two weeks, and he
spends $200 every two weeks. How much simpler can it get? He never bothers to write
any transaction in his register because that’s just a waste of time. He can hardly wait to
get his very own debit/ATM card --- life will be even simpler.
?
Is Bob a good candidate for a debit/ATM card? Explain your answer:
$
Susie is really careful about writing down her checks. But every month she feels
as though she’s going to run out of money. She doesn’t have time to make a budget
because she thinks budgeting is a waste of time. She’s decided that if she had a credit
card, she would feel less stressed every month.
?
Do you think a credit card is the answer to eliminating Susie’s stress? Explain your
answer:
$
Alex doesn’t like to carry cash around. He thinks it’s unsafe to walk around with
money and he thinks he’ll just spend it if it’s in his pocket. He is really excited about the
opportunity to get a debit/ATM card from his bank. He ‘s decided he can use his card to
get $20 here and there and that will be cool.
?
Is Alex a good candidate for a debit/ATM card? Explain your answer:
$
Julie is headed out-of-state for her freshman year at college. She has a checking
Young AmeriTowne
Student Workbook
28
account in her hometown and she really wants to keep her account there. She doesn’t like
to carry a lot of cash. She is pretty good at balancing her account every month. She just
heard that her bank is offering a debit/ATM card. She is wondering if she should apply
for one.
?
Would you encourage Julie to get a debit/ATM card? Explain your answer:
$
Jim has his own lawn service business. He trims and mows fifteen lawns every two
weeks each month. He schedules his lawns so that he’s usually busy five days every week.
His dad is great about depositing Jim’s money into Jim’s checking account at the bank on
his way to work. But, Jim’s dad can’t access Jim’s account to withdraw any money so Jim
finds himself without any cash on the weekends. Jim would like to access his account
even when the bank is closed. He’s decided to call the bank and find out if the bank
offers a debit/ATM card.
?
Is Jim on the right track – will a debit/ATM card solve his issue? Explain your
answer:
$
What’s your scenario?
?
Are you a good candidate for a debit/ATM card? Explain your answer:
Young AmeriTowne
Student Workbook
29
Credit Cards...Debit Cards...Charge
Cards...ATM Cards... Stored Value Cards...
Are You Suffering from Card Confusion?
With so much plastic being used instead of paper money, it’s hard to keep track of which
card is best for you. Even though credit cards, debit cards, charge cards, ATM cards,
and stored value cards are basically the same thing: a plastic card used make purchases
or to get cash— they are quite different!
Credit cards allow you to “pay later.” Card issuers set your credit limit based on a number of factors:
credit history, ability to repay. If you are able to pay your balance in full each month, a credit card is
convenient. If you can only pay a minimum amount each month, a credit card can turn out to be a very
expensive loan. (You are required to pay back the amount you spent, plus interest on the balance you
owe!)
Debit cards allow you to “pay now.” When you use a debit card, you are actually using your own
money in your bank account. Debit cards offer a convenient alternative to carrying cash or a
checkbook.
Charge cards are also called travel and entertainment cards and are similar to credit cards. However,
charge cards have no credit limit. The catch is that you must pay off your entire balance when the bill
comes.
A Stored Value cards are “pre-paid.” Many stores like The Gap, Target, American Eagle, Media Play
offer cards in specific denominations such as $10, $15, $20, $25 for purchase which can then be used
later to buy items.
So, remember: all cards are not alike. Knowing what kind of a money manager you are is the key to
choosing the right piece of plastic.
TM cards are issued by banks to provide customers with 24/7 access to their accounts. In
many areas, customers can use their ATM cards to withdraw money, make deposits, transfer
money between accounts, check their balance, and make loan payments. Using an ATM card
at a location not affiliated with your bank can result in a fee.
Young AmeriTowne
Student Workbook
30
Debit/ATM Cards: The Good and the Bad
If you qualify to open a bank account, you can usually get a debit/ATM card.
If you carry a debit/ATM card, you usually do not need to also carry cash or a checkbook.
Using a debit/ATM card usually saves you from having to show identification or give out
personal information at the time of the transaction.
Debit/ATM cards may be more readily accepted than checks, especially out-of-state and in
other countries.
A debit/ATM card provides 24x7 access to your bank account (within the limits established by
your bank).
A debit/ATM card allows you to spend only what is in your account.
(
A debit/ATM card can make balancing your bank account difficult if you don’t keep
receipts and record transactions immediately!
(
A debit/ATM card can be costly if you use an ATM that is not affiliated with your bank.
Some ATMs charge fees that can add up fast.
(
If you use your debit/ATM card for large purchases, you may have less protection than
you would with a credit card if the goods are never delivered, are defective or were
misrepresented.
(
If you use your debit/ATM card for gas purchases, sometimes the gas stations place a
hold on your account for a certain amount of money. If you aren’t paying attention to
your account, you could bounce checks before the hold is lifted or you could be
prevented from withdrawing money from your account.
If you are a smart money manager, the good outweighs the bad when it comes to
debit/ATM cards!
Young AmeriTowne
Student Workbook
31
Ten Terrific Tips
for Responsible Use of
Debit/ATM Cards
1. Always protect your debit/ATM card and keep it in a safe place.
2. Do not leave your debit/ATM card lying around your room or in your school locker.
3. If your debit/ATM card is lost or stolen, or you think someone is using it fraudulently, contact
your bank IMMEDIATELY.
4. If your debit/ATM card is lost or stolen, you may want to close your account and open a new
account with a new PIN.
5. Memorize your PIN and do not write it on your card or keep it in your purse or wallet.
6. Never give out your PIN to anyone - keep it secret!
7. Always know how much money you have in your account; review your bank statements each
month.
8. Hold on to your receipts from your debit/ATM transactions. Don’t throw them in the trash
without first shredding them.
9. Keep your receipts in one place for easy retrieval.
10. Write down your debit/ATM transactions; subtract them from your bank account just
like checks.
Young AmeriTowne
Student Workbook
32
Tracking Your Money
Directions: Review the transactions listed below. Make certain the transactions are in
chronological order before you record them in your check register. Record the transactions
and keep a running balance.
You have a beginning balance of 532.87.
You receive your paycheck on July 12 for the amount of 895.80. $100 was
automatically transferred into your savings account. Your total deposit was$795.80.
On July 14, you write check #743 to City of Lakewood for your water/sewer bill. Total
amount was $48.62.
On July 16, you write check #744 to BFI for 3 months of trash removal. The total
amount was $31.00.
On July 16, you use your debit card to withdraw cash from the bank. Total amount was
$20.00.
On July 18, you write check #745 to Kentwood Apartments for your August rent. The
total amount was $475.00.
On July 20, you use your debit card at Old Navy to buy a pair of jeans. Total amount
was $32.97.
On July 20, you write check #746 to buy food at King Soopers. Total amount is $33.89
On July 25, you use your debit card to buy gas at StarMart. Total amount is $35.
Young AmeriTowne
Student Workbook
33
Practice Checkbook Register
.
Check # Date
Paid to or Deposit
For what reason?
(-)
Amount of
check
(+)
Amount
of deposit
Balance
+/=
+/=
+/=
+/=
+/=
+/=
+/=
+/=
+/=
+/=
+/=
+/=
+/=
+/=
+/=
Young AmeriTowne
Student Workbook
34
Primary Election
Write down your choices for Mayor and your choices for Judge.
Mayor
Judge
General Election
Write down 1 choice for Mayor and 1 choice for Judge.
Mayor
Young AmeriTowne
Judge
Student Workbook
35
This page intentionally left blank
Young AmeriTowne
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36
Fill in the lines with short-term and long-term goals.
Short-Term Goal (Something you want to buy within the next few weeks)
What do I want to buy?
Why do I want it?
How much does it cost?
How much can I save each week for it?
How long will it take for me to reach my goal?
Long-Term Goal (Something that will take you years to save for.)
What do I want to buy?
Why do I want it?
How much does it cost?
How much can I save each week for it?
How long will it take for me to reach my goal
Young AmeriTowne
Student Workbook
37
Budget Worksheet for Household of Four
INCOME
Wages or Salary
$
2,250.00
TOTAL AFTER TAXES
$2,000.00
EXPENSES
Rent/Mortgage
$
650.00
Utilities/Phone
100.00
Food
400.00
Clothing
100.00
Car Payment & Gas
200.00
Auto Insurance
100.00
Medical/Dental
125.00
Entertainment
50.00
Charitable Contributions
25.00
$1,750.00
TOTAL EXPENSES
DISPOSABLE INCOME
$_________________
(How much money a household has
left over after paying expenses)
WANTS & SAVINGS
Household Wants
Cost
____________________________
$__________
____________________________
___________
____________________________
___________
____________________________
___________
____________________________
___________
Savings
$__________
TOTAL WANTS & SAVINGS
(Should be equal to disposable income)
Young AmeriTowne
$_________________
Student Workbook
38
Investment Risk Pyramid
High Risk
Medium
Risk
Low
Risk
Young AmeriTowne
Student Workbook
39
What Kind of a Risk Taker are You?
How do you know which investment suits your personality? Take this quick quiz to discover what
kind of an investor you are. There are no right answers --- choose the answer that best describes
YOU.
1.
NASA contacts you and offers you a free ride to Mars. There is no guarantee that you will
have a way home. You:
a. say “Yes!” and start packing
b. ask for some assurance that this is a roundtrip ticket
c. decide to pass on this offer
2.
You and your friends are at the new amusement park. The park includes a new roller
coaster that turns you upside down and almost inside out. No one in your group has tried
this roller coaster out. You:
a. decide to stick with your favorite ride that you know and have waited all winter to ride
again
b. race to be the first in line to get a front row seat
c. encourage your friends to try it out and then tell you what they think about the ride
3.
Three weeks ago, you and your family tried out a new restaurant. You had a great dinner
and told all your friends about it. Now you and your best friend’s family are back at the new
restaurant. Your waiter suggests today’s special: sautéed squid with anchovy pasta. You:
a. skip the special and order the same dinner you had last time
b. go for the special
c. convince your best friend’s sister to order the special so you can taste it
4.
Your brother calls from college and tells you about his great new idea – a solar powered
skateboard. He offers you a chance to invest your life savings in his new company. You:
a. believe in your brother and decide to invest $1500 in his new company
b. think your brother might be on to something, but offer to loan him $1500 at a low interest
rate because he’s family
c. tell your brother to go somewhere else for his startup cash
5.
You are at school when you see a poster promoting a cool looking band you have never
heard of and the tickets are selling fast. The promo states that this is the next band to top
the charts. You:
a. immediately call the number and purchase two tickets
b. ask around to see if anybody else is going to the concert or has heard of the group
c. decide to wait for a concert by a group you already know about
Young AmeriTowne
Student Workbook
40
6.
It’s Friday night and you are at the movie theater with three of your friends. Everyone was
counting on seeing the
but it is sold out. You:
a. buy tickets for a movie your sister said was great even though it looks really stupid
b. pick a movie no one in the group has ever heard of but it sounds interesting
c. call your parents and have them come pick you up and wait until next week
7.
Your cousins are visiting from Florida. They have never seen snow and want to try
snowboarding. You have never been on a snowboard either, but you agree to go to Winter
Park for the weekend. You:
a. take one look at the mountain and offer to stay back and watch over everyone’s
belongings
b. convince everyone in the group that lessons are a waste of time and jump on the
chairlift
c. suggest that a two-hour lesson would be a smart idea and then everyone can
snowboard all afternoon.
8.
It is almost the end of the semester and you have a major test coming up in government. If
you ace the test, you could bring your grade up. On the other hand, if you fail the test, you
might not pass the class. Your friend has invited you to spend the weekend camping – an
activity you love. You:
a. figure you know as much as you will ever know and agree to go camping
b. tell your friend you can only go camping if your friend will help you study for the big test
c. stay home and hit the books all weekend
9.
You are interested in making some extra money because you want to purchase a laptop.
You see flyers around your neighborhood that claim you can earn up to $600 stuffing
envelopes. You:
a. read the fine print and decide the money is not as good as it sounds
b. send in your $15 to get your money making kit
c. ask your parents if there are extra chores you can do to earn money
10.
Your school fundraiser is a raffle for a huge box filled with secret prizes. You have heard
that the prizes might be worth $2500 in value. Raffle tickets are going fast and you can buy
as many as you want – each ticket is only $1. You:
a. buy one because you figure that you only need one ticket to win
b. pass on the raffle because you think being struck by lightening is more likely that
winning the raffle
c. buy $100 worth of tickets because if you win, you will be $2400 ahead of the game.
Young AmeriTowne
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41
Scoring Sheet
1.
a=5 b=2 c=1
6.
a=2 b=5 c=1
2.
a=1 b=5 c=2
7.
a=1 b=5 c=2
3.
a=1 b=5 c=2
8.
a=5 b=2 c=1
4.
a=5 b=2 c=1
9.
a=2 b=5 c=1
5.
a=5 b=2 c=1
10.
a=2 b=1 c=5
Your Total Score _________________
38 – 50 points Aggressive Risk Taker
You enjoy taking risks. It does not seem to matter to you if your decision turns out to be right
or wrong. The chance that your decision will turn out to be great is worth the risk to you. As
an investor, you are more likely to choose investments in the top segment of the Risk Pyramid
such as Futures, Collectibles, and Real Estate.
20 – 37 points Moderate Risk Taker
You are comfortable with some risk but not a lot. You want to know as much as you can about
a situation before you act. As an investor, you are interested in investments in the middle of
the Risk Pyramid such as Stocks, Mutual Funds and Bonds.
10 – 19 points Low Risk Taker
You are not interested in taking a chance. You like to know exactly what is going on before
you make a decision. As an investor, you will be happiest choosing investments in the lower
section of the Risk Pyramid such as Government Obligations, Certificates of Deposit and
Savings Accounts.
Now that you have identified your risk tolerance, you will be ready to select an investment that
meets your needs.
Young AmeriTowne
Student Workbook
42
Young AmeriTowne Investment Application
Use this form to establish an individual account at Young AmeriTowne.
You must be a Young AmeriTowne participant to open an account.
Think through your risk tolerance before completing this application
Please print clearly.
1. Please provide your name and contact information.
__________________________________________________________________
First and Last Name
Date
__________________________________________________________________
School
Grade
2. Which Investment would you like to own? Circle your selection.
o Certificate of Deposit (CD)
o Mutual Fund (Market, Sign and Print, College)
o Stock (Market)
************************************************************************************
3.
During your day in AmeriTowne, you have the opportunity to change your investment.
If you wish to change your investment option during your day in towne, please indicate the
change below. Signatures are required to validate the change.
o Certificate of Deposit (CD)
o Mutual Fund (Market, Sign and Print, College)
o Stock (Market)
_____________________________________
Shareholder
_____________________________________
Advisor
Young AmeriTowne
Student Workbook
43
Personal Investment Results Sheet
Now that you have completed your day in AmeriTowne, it’s time to find out about
how your investment did!
If your investment was profitable, use the following calculations to see how
much your investment has grown.
Certificate of Deposit: 5% Increase
Mutual Fund: (please check each shop that was profitable)
Market: _____
College: _____
Sign and Print: _____
If one stock goes up: 25% Increase
If two stocks go up: 50% Increase
If three stocks go up: 75% Increase
Stocks: 100% Increase
Market: _____
Example:
My $1.00 AmeriDollar x (percentage increase)= _______ (This is how much your
investment has increased by)
My $1.00 AmeriDollar x _____________ = _______
If your investment was not profitable, use the following calculations to see how
much your investment lost.
Certificate of Deposit: No Change
Mutual Fund: 25% Decrease, only if all 3 shops invested in were not profitable
Stocks: 75% Decrease
Example:
My $1.00 AmeriDollar x (percentage decrease)= ________(This is how much your
investment has decreased by)
My $1.00 AmeriDollar x _____________ = ______
Final Calculation: $1.00 +/- ___________ = _________
(original investment) +/- amount made/lost = Total Investment Value
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Young AmeriTowne Skills Assessment: Part I
Circle the letter of each statement that describes you. Circle as many as you wish.
A. I have good speaking skills
B. People ask me questions when they need
help using electronic equipment such as
computers or iPods.
C. Math is my favorite subject.
D. I would be a good team captain.
E. Helping others makes me feel good.
F. I like to work with my hands.
A. I always get my work done early or on time.
B. I am good at solving problems.
C. I can work on a problem for a long time until
I get the answer.
D. My friends look up to me.
E. I like it when people ask me for advice.
F. I manage my time well.
A. I enjoy asking people questions to find out
information.
B. I like to play computer games.
C. I work well under pressure.
D. I like to lead group projects.
E. I find it easy to meet people and make new
friends.
F. I pay attention to details.
A. I can handle stressful jobs.
B. I like to take things apart to see how they
work.
C. I can add and subtract quickly.
D. I am patient with people.
E. I follow instructions well.
F. I finish projects that I start.
A.
B.
C.
D.
E.
F.
I love to write.
I am good at typing on a keyboard.
I am good at using a calculator.
I would enjoy being mayor.
I would be good at selling things.
I make lists of things to do.
A.
B.
C.
D.
I like to follow stories in the news.
I work well on my own.
I like counting money.
I am good at making decisions and
following through on them.
E. I enjoy working with others.
F. I am neat and organized.
Enter the number of A's, B's, C's, D's, E's and F’s you have circled.
A's_____
B's_____
Young AmeriTowne
C's_____
D's_____
E's_____
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45
Young AmeriTowne Skills Assessment: Part II
If you have a score of four or more next to any one letter, you may wish to apply for the jobs
listed below. If you did not score four in any one category, you have many interests that are
still developing.
A.
Media Jobs:
Virtual Yearbook Photographer, Radio Station Disc Jockey/Ad Agent, TV
Photojournalist, TV Reporter/Ad Agent, Newspaper Reporter.
B.
Technology Jobs:
Sign and Print Shop Graphic Artist, Bank Computer Operator/File Clerk, Newspaper
Typist/Ad Agent, Investment Advisor.
C.
Accountants:
There is an accountant in every Young AmeriTowne business. The Vice President of
the Bank is an accountant.
D.
Business Managers:
Every Young AmeriTowne business has a Manager. The Mayor, Bank President,
College President and Newspaper Editor also have Business Manager responsibilities.
E.
Sales Jobs:
Bank Teller, Career Counselor, Community Relations Director, Investment Advisor,
Market Cashier, Parcel Service Carrier/Salesperson, Snack Shop Salespeople, Travel
Company Instructor.
F:
Quality Control Jobs:
Bank Computer Operator/File Clerk, Containers Shop Assembler/Finisher, Medical
Center Doctor, Medical Center Health Technician, Parts and Service Company
Technician, Towne Hall Judge, Towne Hall Police Officer, Sign and Print Shop Graphic
Artist, Sign and Print Shop Designer/Salesperson, Utility Company Field Technician,
Warehouse Stock/Delivery Person.
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Design a stamp and
WIN A PRIZE from
Towne Hall!
To enter, design a stamp in the area below.
Purchase a stamp from the Parcel Service and mail
this postcard to Towne Hall. The Mayor will
present a prize to the winner of the best stamp
design at the end of the day.
Write a trivia question (include the
answer) and WIN A PRIZE from
the College!
To enter, write a trivia question and include the
answer in the space below. Purchase a stamp
from the Parcel Service and mail this postcard to
the College. The College President will present a
prize to the author of the best trivia question at the
end of the day.
Trivia Question:
Answer:
Write the funniest joke and WIN A
PRIZE from the Radio Station!
To enter, write a joke that can be read on the air.
Purchase a stamp from the Parcel Service and mail
this postcard to the Radio Station. The Manager
will present a prize to the author of the funniest
joke at the end of the day.
So l v e t h e M i n d Bu st er a n d
W IN A PRIZE f r o m t h e
Tel ev i si o n St a t i o n
To enter, try to solve the puzzle below. Purchase a
stamp from the Parcel Service and mail this postcard
to the Television Station. All entries with the correct
answer will be entered into a drawing. The Manager
will present a prize to the winner of the drawing at the
end of the day.
LETTER PATTERNS
Which letter pattern does the letter
“K” belong to? Which letter pattern
does the letter “S” belong to?
AEFHI
BCDGJ
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Name
Street
__________________________
Here
Stamp
Place
Street
__________________________
Here
Stamp
Place
________________________
________________________
Street
Here
Stamp
__________________________
Street
__________________________
Street
Business
__________________________
Business ________________________
__________________________
Business
Place
________________________
Business ________________________
__________________________
Name
________________________
Street
Here
Stamp
__________________________
__________________________
Street
__________________________
Street
Business
Name
Business ________________________
__________________________
Business
Place
Business ________________________
__________________________
Name
Nonprofit Research Worksheets
Name of Organization
Street Address
City, State, Zip Code
Phone with area code
Web site URL
E-mail address
Source of information
(Yellow Pages, publication,
Internet)
Organization’s
purpose/mission
Population served (animals,
children, elderly, etc.)
Name of Organization
Street Address
City, State, Zip Code
Phone with area code
Web site URL
E-mail address
Source of information
(Yellow Pages, publication,
Internet)
Organization’s
purpose/mission
Population served (animals,
children, elderly, etc.)
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Doing My Part
I am going to give my__________________________.
(Time, Talent, Treasure)
I am going to be a philanthropist because I am going to:
___________________________________________
___________________________________________
___________________________________________
____________________________________________.
Here is a picture of me doing my part:
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Tips for Giving Wisely
1. Budget for giving.
Plan your philanthropic activities right into your budget just as you would snacks,
entertainment, clothes or vacations.
2. Know your charity.
Charities have an obligation to provide detailed information to interested donors. Request
written literature that includes a list of the board of directors and a mission statement.
Never give to a charity that you know nothing about.
3. Find out where your dollars go.
Ask how much of your donation goes for general administration and how much is left for the
program services you want to support. The general rule of thumb is that less than 40%
should be spent on general administration and fundraising.
4. Keep records of your donations.
Ask for a receipt if you give cash. Writing a check creates a better record of your donation
and has more of a chance of going directly to the non-profit.
5. Do not fall for emotional appeals.
Beware of the pathetic “sob story.” Make sure you get the real story behind the charity.
Ask for as much information as you need to be comfortable giving money to the charity.
6. Consider giving generously.
Once you are satisfied that the charity is worthwhile, give generously if you can. There are
many good non-profit organizations that need your support. By doing your homework, you
can give wisely and you will be giving more effectively.
These tips were adapted from the Independent Sector’s guidelines posted at www.IndependentSector.org.
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Young AmeriTowne Nonprofits – Headquarters
Individuals and corporations share responsibility for promoting healthy communities. At Young
AmeriTowne, you will have the opportunity to donate one AmeriTowne dollar to a nonprofit of
your choice from this list. In addition, you and your co-workers will select a nonprofit and
decide on the amount of your corporate donation. Businesses may donate from one
AmeriTowne dollar up to five AmeriTowne dollars.
Susan M. Duncan Family YMCA – The YMCA
offers programs that teach young people important
values such as caring, honesty, responsibility and
respect.
Young Philanthropists Foundation- YPF is
committed to introducing youth to philanthropy by
creating opportunities for children and their families
to give back to their communities.
Denver Museum of Nature and Science – The
DMNS inspires curiosity and excites minds of all
ages through scientific discovery and the
preservation of the world’s unique treasures.
Make A Wish Foundation – The Make a Wish
Foundation grants the wishes of children with life
threatening medical conditions. This organization
has had life-changing impacts on children, families,
and entire communities worldwide.
Ronald McDonald House - provides temporary
lodging for families of seriously ill or injured children.
Families may stay at the House while their child is
receiving treatment at one of the Denver-area
hospitals.
Denver Zoo – The Denver Zoo’s mission is to
secure a better world for animals through human
understanding. They commit expertise and
resources to saving animals and ensuring their
long-term survival.
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Young AmeriTowne Nonprofits - Belmar
Individuals and corporations share responsibility for promoting healthy communities. At Young
AmeriTowne, you will have the opportunity to donate one AmeriTowne dollar to a nonprofit of your
choice from this list. In addition, you and your co-workers will select a nonprofit and decide on the
amount of your corporate donation. Businesses may donate from one AmeriTowne dollar up to five
AmeriTowne dollars.
Colorado Homeless Families - serves families with children
who are classified as "New Poor" (families who are homeless
for the first time) or "Working Poor" (families who earn low
wages and cannot keep up with the rising cost of living
Family Tree Inc - our mission is to help
people overcome child abuse, domestic violence and
homelessness to become safe, strong and self-reliant.
Mile High Youth Corps - help youth make a
difference in themselves and their community though
meaningful service opportunities and educational
experiences.
Children’s Outreach Project - offers highquality, child focused therapeutic early childhood
education programming using a play based
curriculum with personalized attention and low
child to teacher ratios.
Stink Bug Project - supports families who have a
child diagnosed with a life threatening illness. We
provide well-trained, loving companion dogs from
the Prison Trained K-9 Program at Colorado
Correctional Industries.
The WilLiv Center - By providing moral, emotional,
and even financial support, The WilLiv Center
strives to help women and children make it through
the trials and tribulations of the divorce process until
they can get settled in a new lifestyle.
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Young AmeriTowne Final Test
Directions: Circle the letter of the correct answer.
1. The study of the ways people produce, distribute and consume goods and services is the definition
of:
A. Entrepreneur
B. Economics
C. Investment
D. Resource
2. Which of the following is not an example of the flow of money in the economic cycle?
A. A business sells a product to a consumer
B. A business pays its employees for their work
C. A company goes out of business
D. A consumer buys goods from a business
3. Which business provides goods to consumers?
A. A doctor
B. A computer technician
C. A grocery store
D. A hair stylist
4. If bad weather causes most of the orange trees to die, the price of orange juice will probably rise.
A. True
B. False
5. For a business to be successful, it is important to know _____________.
A. How much consumers are willing to save
B. People with a lot of money
C. Which goods were popular a long time ago
D. What consumers want to buy and how much they are willing to spend
6. Which of the following is an example of a service:
A. A jewelry store sells a bracelet
B. A bank cashes a check for an account holder
C. A clothing store sells a T-shirt
D. A bookstore sells a book
7. What are the three branches of government?
A. Economics, administration and politics
B. Executive, legislative and judicial
C. Congressional, banking and legal
D. Producer, consumer and entrepreneur
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8. Your check register shows you have a checking account balance of $5.00. You have $2.00 in
cash. You may _________.
A. Write a check to the Containers Shop for $7.00 to buy a briefcase
B. Write a check to the Snack Shop for a drink and chips for $6.00
C. Pay $3.00 cash to buy an address book
D. Write a check for $5.00 to the Sign and Print Shop for a bottle of magic ink
9. The prices for products in Young AmeriTowne are determined by _________.
A. Salaries
B. Supply and demand for items
C. Cost of supplies
D. Cost of advertising
10. Which business made a profit?
A. Snack Shop: expenses -- $280, sold $280 worth of food
B. Sign and Print: expenses -- $315, sold $345 worth of signs and products
C. TV Station: expenses -- $253, sold $227 worth of advertising
D. Bank: expenses -- $476, made $467 in interest
11. A good law should be______________.
A. Less than ten words
B. Easy to understand
C. Hard to enforce
D. Fair only to the people who voted for it
12. Which branch of government is responsible for making laws?
A. Judicial
B. Political
C. Legislative
D. Executive
13. People who go to the store to buy things are called?
A. Consumers
B. Employees
C. Producers
D. Providers
14. The Young AmeriTowne Bank is a business. What is one way it earns a profit?
A. By printing dollar bills
B. By making loans
C. By making coins
D. By paying interest on savings accounts
15. Which situation would probably cause the price of candy to be lowest?
A. Only one shop sells candy
B. Salaries are increased
C. Two shops sell candy
D. Candy is for sale in four different shops
16. If you invest money in a company’s stock ____________________.
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A.
B.
C.
D.
You are a shareholder in that company
You’ve made an ownership investment
You may receive a portion of the money made by that company
All of the above
17. McDonald’s restaurant deals mainly with ____________________.
A. Services
B. Goods
C. Opportunities
D. None of the above
18. Rachel wants to play soccer and go to a movie. She chooses to play soccer. What does her
decision cost?
A. Time used for playing soccer
B. The movie
C. Money for the movie
D. Getting something for nothing
19. John is working in the Snack Shop. He has seven customers who want to buy cookies. He has
only four cookies left. What should John do?
A. Lower the price so more people can buy the cookies
B. Raise the price of cookies so fewer people will want them
C. Do nothing
D. Spend more money on advertising
20. Donna deposits $25 into her checking account. She then writes a check for $11.00. What is the
balance in her checking account?
A. $36
B. $25
C. $14
D. $13
21. Nick has a $10.00 balance in his checking account. He deposits $20.00, and writes a check for
$40.00 to buy some new shoes. How much money does Nick now have in his checking account?
A. $10.00
B. $30.00
C. $40.00
D. Overdrawn by $10.00
22. Savings accounts are used to save money, earn interest and write checks.
A. True
B. False
23. A budget is used for ___________________________?
A. Making sure you spend all of your money
B. Making sure expenses are always greater than income
C. Making sure no one steals your money
D. Planning how to spend and save your money
24. To run a business successfully __________________?
A. Employees should work together as a team
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B. The manager should do everything herself
C. Employees should come and go as they please
D. The accountant should not pay expenses
25. The role of media in our economic system is to________________?
A. Communicate with only small groups of people
B. Exchange information and communicate with a large number of people
C. Make sure people only find out what the government wants them to know
D. Only advertise the products they like
26. Advertising is used to provide information and tell people about the goods and services offered by a
business.
A. True
B. False
27. The most important reason for a job interview is to__________?
A. Find out if you like the interviewer
B. Let the interviewer know what you do not like to do
C. Convince the interviewer you are the best, most qualified person for the job
D. Find out how much money you will get paid
28. A business makes a profit when__________?
A. It makes more money than it spends
B. Expenses are greater than income
C. It sells all of its products
D. It has a $100.00 balance in its checking account
29. You should never endorse checks you are going to deposit.
A. True
B. False
30. There is always risk involved while investing.
A. True
B. False
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Young AmeriTowne Student Evaluation
Name ________________________________________ Date ____________
School ________________________________________________________
Your Job in Young AmeriTowne ____________________________________
On a scale of 1 to 5, with 5 being the highest, circle the number that shows your rating.
How would you rate your day in Young AmeriTowne?
Fair
Amazing
1
2
3
4
5
On a scale of 1 to 5, with 5 being the most interesting, circle the number that shows your
rating. How interesting would you say the Young AmeriTowne lessons you studied at school
were?
Boring
Very Interesting
1
2
3
4
5
What did you learn during the Young AmeriTowne lessons and field trip that you think will help
you later in life?
What decisions did you make as a consumer?
What decisions did you make as a producer?
What did you learn about banking?
How do you feel after completing the Young AmeriTowne program?
Use this space to write anything you would like to say about Young AmeriTowne
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