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Financial Apps?

Discover the world of financial apps, their benefits, risks, and costs. Learn to use different payment methods and make informed financial decisions. Research and share findings with the class.

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Financial Apps?

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  1. Financial Apps? What are they? What are the benefits? What are the rewards? Why use them? https://tinyurl.com/yytc34zm

  2. How comfortable are you going cashless? Completely Uncomfortable Somewhere in the middle Completely Comfortable Move to the back of the room Somewhere in the middle Move to the front of the room

  3. Lesson Objectives: Students will be introduced to finance apps Students will investigates three apps using valid resources to determine what they do what the benefits are, and what the risks and costs are. Students will summarize findings to share out with the class.

  4. Maine Financial Literacy Framework & Resource Guide: Spending & Saving: Standard 3. Describe how to use different payment methods. Summarize the risks and protections of checks, stored value cards, debit cards, gift cards and online and mobile payment systems. Financial Decision Making: Standard 2.Use reliable sources when making financial decisions. Evaluate whether financial information is objective, accurate and current.

  5. Maine Learning Results (2019): Personal Finance: Students understand the principles and process of personal finance by (F1) Explaining how personal finance involves the use of economics as the basis for saving, investing and managing money. Next Gen Personal Finance Resources (for extension or modification with this lesson): NGPF Lesson 2.4 Mobile Banking & Payment Apps FinCap Fridays: Bye Bye Banks? I The $17 Million Pizza I Disappearing Dollars

  6. China is going Cashless

  7. Financial App Kahoot Play now!

  8. Do you recognize these?

  9. Research: Graphic Organizer Task: Students research and take notes on two randomly selected finance apps from the list in the lesson plan Student chooses one additional app of their own interest to research Encourage them to look at THEIR banks’ app Students are given a number of resources to use as scaffolding CNet: “Apple Pay vs. Google Pay vs. Samsung Pay” Barron’s: “The 5 Best Stock Apps for New Investors” PC Mag: “The Best Mobile Payment Apps” NerdWallet: “Best Banks and Credit Unions for Mobile Banking”

  10. Research: Graphic Organizer

  11. Research: Student Sample

  12. Two Minute Pitch

  13. Rubric:

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  15. Tickethttps://forms.gle/DRLG8nLnVNMe7Es18

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