Welcome toWelcome to

Volunteer TrainingVolunteer TrainingPlease sign the back of your Volunteer Registration Form

Volunteer RoleVolunteer Role

• Provide guidance to students

• Facilitate activities

• Monitor student progress

• Collect necessary materials at end of day (Calculators!!)

Daily Daily ScheduleSchedule Daily Schedule 9:00 Arrival

9:10-9:25 Opening and General Information

(15 minutes) • Students and teachers are given general information about the Park

and the day.

9:25-10:10 The Truth Revealed (45 minutes)

• Students report to their place of business and learn their life situation

• Students compute their Net Monthly Income (NMI) worksheet • Students compute Budget Guidelines

10:10-11:25 The Big Search

(1 hour 15 minutes) • Students receive bank approval Codes for housing and

transportation expenditures • Students collect budget options from each business • Students acquire a investment portfolio • Students record “opening” Stock Prices

Student Lunch Schedule

10:10-10:35 Group A 10:35-11:00 Group B 11:00-11:25 Group C

11:25-12:25 The Budget Puzzle

(1 hour) • Students report to their place of business to study collected budget

options • Students make their final budget decisions based on their Budget

Guidelines and collected options • Students complete their Actual Budget • Students record “midday” Stock Prices

12:25-1:15 The Final Commitment

(50 minutes) • Students finalize decisions by making all payments • Students record “closing” Stock Prices

1:15–1:30 Closing

(15 minutes) • Students participate in cleanup, recap and are dismissed

MEETING

MEETING

MEETING

MEETING

THETHE

TRUTH REVEALEDTRUTH REVEALED

(45 Minutes)(45 Minutes)

Student Portfolio

Make sure students place

Name and Account # on

Portfolio

VOLUNTEERS: 4 TASKSVOLUNTEERS: 4 TASKS GIVE GIVE DEBIT CARDDEBIT CARD TO TO CORRECT STUDENTCORRECT STUDENT

READ LUCKY CHANCE (ADDITIONAL READ LUCKY CHANCE (ADDITIONAL INCOME)INCOME)

CHECK THE 2CHECK THE 2NDND PAGE ( Net Monthly PAGE ( Net Monthly Income) FOR CORRECT NMIIncome) FOR CORRECT NMI

LET THE STUDENTS CHECK THEIR LET THE STUDENTS CHECK THEIR BUDGET & REGISTER; COLUMNS 1&2 BUDGET & REGISTER; COLUMNS 1&2 ONLYONLY

Life SituationLife Situation

Account# 102 PIN 5678 Age: 29Ages of Children: 5,8 Married: NoBusiness: Key Bank Group: 2Gross Annual Income: $59,088 Fed Tax: $246SS Tax: $148 Med Tax: $98

These cards are sitting in your businesses.

The students already know what their place of business will be for the day.

Solarity Credit Union

MOST IMPORTANT STEP

First Last Business Account PIN Lunch

Jennifer E Mejia Key Bank –Group 1 97 8274 B

Kinsey Nicole Miller Key Bank –Group 1 98 2134 B

Bogdan Petrovch Mosiychuk Key Bank –Group 1 99 1987 B

Kristina Marie Nelson Key Bank –Group 1 100 1964 B

Cadence Brienne Nickerson Key Bank –Group 1 101 2579 B

Emily Rose Ouellette Key Bank –Group 1 102 9641 B

Account# 102 PIN 5678 Age: 29Ages of Children: 5,8 Married: NoBusiness: Key Bank Group: 2Gross Annual Income: $59,088 Fed Tax: $246SS Tax: $148 Med Tax: $98

Solarity Credit Union

11STST STEP STEP

Students must sign in to receive credit

2ND Step: FIGURE NET MONTHLY INCOME

31,164

2,597

130

78

52

260

2,337

Gross Annual Income (GAI)From the life situation sticker

GAI divided by 12 months

Taxes from the back of debit card

Total taxes

Monthly income minus total taxes

Volunteer Initials

Correct NMI

$2,337

CLZ

NMI

STUDENTS will complete Columns 1& 2

(minimums and maximums)

421 561

70 164

23

$2,337

117

NMI

421 561

70 164

23

$2,337

117

Students will self-correct(ONLY 10 DIFFERENT NMI’S: You have all of the answer keys in your volunteer binder)

Minimums

Maximums

ALL ANSWERS ALL ANSWERS ARE ROUNDED TO ARE ROUNDED TO

THE THE NEAREST NEAREST DOLLARDOLLAR

The Truth RevealedThe Truth Revealed-- reviewreview

How do students get their life situation? ((account How do students get their life situation? ((account #))#))

What do the students need to do on the computer?What do the students need to do on the computer? How do the students know what lunch they attend?How do the students know what lunch they attend? Does everyone get a Lucky Chance? Does everyone get a Lucky Chance? Are the Unexpected Expenses/ Student Loans Are the Unexpected Expenses/ Student Loans

passed out now?passed out now? What is Net Monthly Income (NMI)? What is Net Monthly Income (NMI)? ANSWER KEY Who corrects the worksheet? Who corrects the worksheet? ANSWER KEY

Questions about the Truth Revealed?Questions about the Truth Revealed?

THETHE

BIG SEARCHBIG SEARCH

60 minutes60 minutes

Pick up pre-printed Bills from areas in this column

Bills are printed from computer stations

Check Marks the SPOT!

‘‘THE BIG SEARCH’ – THE BIG SEARCH’ – FINAL STEPFINAL STEP

Students MUST put Students MUST put bills in order from bills in order from line 2, to line 18.line 2, to line 18.

Solarity CCrreeddiitt UUnniioonn SSaavviinnggss

Directions: During The Budget Puzzle, determine the amount of money you wish to deposit into

your Bank of America savings account. Remember, you may deposit any amount you wish into your savings account as long as the deposit is equal to or more than 2% of your NMI.

Remember to plan your future and pay yourself first! Can you meet the Finance Park challenge and save 10% of your

net monthly income?

CHOOSE YOUR SAVINGS AMOUNT

Be sure to record this Savings amount on line 9 of your Actual Budget Worksheet.

$

Line 9

Stock Price

ChangesThe Big Search - Opening

The Budget Puzzle - Midday

The Final Commitment Closing

Stock Prices

Change 3 Times

Investment Report

•Print your investment report in RBC Dain Rauscher Investing. Record the opening price of each share.

•Multiply the price per share by the amount of shares you own.

•Add the total value to determine your portfolio value.

Total portfolio value l l l

•BillsBills Can be collected in any orderCan be collected in any order

•DecisionsDecisions on actual budget worksheet will on actual budget worksheet will be done later (Students should not work on the be done later (Students should not work on the budget & register worksheet)budget & register worksheet)

•StocksStocks Remind students to record Remind students to record Opening stock prices. Opening stock prices. ( if they miss opening or ( if they miss opening or midday prices please read them their stock midday prices please read them their stock prices – answer key)prices – answer key)

•LunchLunch Students will eat in the restaurant Students will eat in the restaurant during this time according to their assigned group during this time according to their assigned group (A,B or C) – this information is on your excel (A,B or C) – this information is on your excel spreadsheet. spreadsheet.

The Big Search- reviewThe Big Search- review What are students doing during the Big Search?What are students doing during the Big Search? What do the volunteers do during the Big What do the volunteers do during the Big

Search?Search? Bills: Pre-printed vs. Computer Printed (left vs. Bills: Pre-printed vs. Computer Printed (left vs.

right)right) Do students make any buying decisions during Do students make any buying decisions during

the big search?the big search? Where/when do students eat lunch? Volunteers?Where/when do students eat lunch? Volunteers? What must students remember to go record?What must students remember to go record?

Questions about the Big Search?Questions about the Big Search?

THE THE

BUDGET PUZZLEBUDGET PUZZLE

1

443205

102.00

46.00

148.00

Calculating insurance payment

Write this amount onto your budget worksheet.

OORR

#11 Yakima RegionalAt this point add up all your budget decisions . They should not total more than

approximately 62% of your NMI. Write down this total.

Step 3 - Budget decisions - check Step 3 - Budget decisions - check pointspoints

#19 Unlucky or Student Loan Total the rest of your budget decisions(#12-#19). Write this total down.

Total A The sum of (#2 through #11)Not more than approximately 62%

Total B The sum of (#12 through #19)

Volunteer checks work and lets student proceed to payment phase.

Volunteer checks work and lets student proceed to payment phase.

Step 3 - Budget decisions -check Step 3 - Budget decisions -check pointspoints

Total A

Total B

NMI

+

SavingsSavings

SSooaallrriittyy CCrreeddiitt UUnniioonn SSaavviinnggss

Directions: During The Budget Puzzle, determine the amount of money you wish to deposit into

your Bank of America savings account. Remember, you may deposit any amount you wish into your savings account as long as the deposit is equal to or more than 2% of your NMI.

Remember to plan your future and pay yourself first! Can you meet the Finance Park challenge and save 10% of

your net monthly income?

CHOOSE YOUR SAVINGS AMOUNT

Be sure to record this Savings amount on line 9 of your Actual Budget Worksheet.

$

Line 9

Finance Park Challenge:

Save 10% of your Net Monthly Income

(NMI)

Budget Puzzle- reviewBudget Puzzle- review Who gets an Unexpected Expense or Student Who gets an Unexpected Expense or Student

Loan?Loan? Why is it important that students put their bill Why is it important that students put their bill

sheets in order before making decisions?sheets in order before making decisions? What can volunteers do to help during What can volunteers do to help during

Budget Puzzle?Budget Puzzle? How much money should students have left How much money should students have left

after they have made all their decisions?after they have made all their decisions? Students should also be sure to record and Students should also be sure to record and

calculate MIDDAY STOCKS from the ticker.calculate MIDDAY STOCKS from the ticker.

Questions about the Budget Puzzle?Questions about the Budget Puzzle?

THE FINAL THE FINAL COMMITMENTCOMMITMENT

(Pay the bills)(Pay the bills)

……after they have balanced their after they have balanced their budget….budget….

Each student must go to the different business to pay their bills.

Fiesta Foods Groceries

CHECK OUT at CHECK OUT at Checkout KioskCheckout Kiosk

Once the students have Once the students have paidpaid all their bills all their bills at at each business, they will each business, they will bring their folder to me bring their folder to me at the Checkout Kiosk.at the Checkout Kiosk.

I will check their work I will check their work against the computer against the computer and give them final and give them final approval to move on to approval to move on to the budget register to the budget register to check their work.check their work.

Checking with the registerChecking with the register

You are working in the shaded areas

Subtract each entry from the previous balance on the shaded line. The final balance must be $0.

3,468650-

2,81875-

2,743120-

2,623

The Final Commitment-The Final Commitment- reviewreview

What are students doing during this time?What are students doing during this time? Which worksheets must be completed before Which worksheets must be completed before

students start to pay their bills? students start to pay their bills? Budget & Budget & RegisterRegister

Where is the unlucky or student loan bill paid? Where is the unlucky or student loan bill paid? Which stock prices should the student be Which stock prices should the student be

recording at this time?recording at this time? Where do students ‘check out’?Where do students ‘check out’? What do students do once they have ‘checked What do students do once they have ‘checked

out’ ?out’ ?

Closing ActivitiesClosing Activities

Have students clean up their Have students clean up their business; unwanted paper is business; unwanted paper is recycled, chairs stacked/organizedrecycled, chairs stacked/organized

Turn in calculators to basket !!!Turn in calculators to basket !!! Complete evaluation form (blue)Complete evaluation form (blue) Return nametagReturn nametag

*THANK YOU*