+ LifeDojo Financial Skills 101: A turn-key technology resource for teaching financial literacy.
LifeDojoLifeDojoFinancial Skills 101: A turn-key technology resource for teaching financial literacy. +The Challenges of Financial Education DeliveryDelivery constraintsLength of course (2 weeks, 2 months, semester?)ResourcesWhich way to turn? Will anyone use textbooks in 5 years?Evolving world of moneyConcepts and tools are constantly evolvingStatic materials become quickly outdatedTeacher trainingHow many teachers just had this dumped in their laps?+Technology as a Teaching ToolLifeDojo's the tool, teachers are the artists who bring the science of our content alive for students. +Blended Learning Best PracticesONLINE VS. BLENDED LEARNING: DIFFERENCES IN INSTRUCTIONAL OUTCOMES AND LEARNER SATISFACTION - Lim, Morris, Kupritz Include instructional activities and collaboration opportunities that enhance the learners emotional engagement with peers and instructors. Blended delivery format provides clearer instructions to learners rather than the online delivery format alone.Learners seemed to value those learning activities that they could apply learned knowledge and skills to personal situations more than merely understanding instructed learning content.+Financial Skills 101:A Blended Learning ProgramLifeDojo The Animated StoryMain charactersGary and WayneNon threatening, subtle humorStoryGuides students through concepts aligned to standards in a story formatStories are 5-8 minutes20 total storiesFocusFinancial capability = personal happiness, well being, health**Evidence based view+LifeDojo Opening StoryURL: https://docs.google.com/file/d/0B4VodSaJdsZhakJUSjN0MDB5UWs/edit Note must be signed into Google Account to present+LifeDojo The QuizFirst three assessments pre-assessBehavior: Putting knowledge into actionKnowledgeAttitudes: Ex. do they trust banks, would they be willing to borrow, etc.Remaining assessments are 10 questions each.Critical thinkingPractical application to the lives of teenagersMultiple choice+Example Quiz Questions1. Do you have a savings goal?YesNo 2. Do you have an account specific for savings at a credit union or bank, that you only draw from in the event of an emergency or if you reach your savings goal?YesNoI do not know3. Do you contribute regularly to an account specific to savings, that you only draw from in the event of an emergency, or if you reach your savings goal? Select all that apply.Yes, I make monthly payments by depositing money myselfYes, I use direct deposit services to make deposits directly into my savings accountNo, I do not have a savings accountI have a savings account but do not contribute at least once a monthI do not knowI do not have a job+LifeDojo Take Action Steps teachers and/or students can choose. DifferentiatedWritten with the overburdened teacher in mindWritten for teachers of all delivery requirements in mindDuration of class, subject area, expertise of teacherWritten to engage students in the financial world they live in nowBehavioral strategies integratedBuilt in program pledge, monitor, and encourage application Various other strategies recommended throughout+Example Take Action StepsStep 1 Option 1: Create a free Lift account. Lift gives you steps and milestones to make progress more manageable; it provides the daily motivation to stay focused and stick with it; and the community support one another. We will use Lift for a number of nudging activities throughout the course.URL: https://lift.do/ Step 1 Option 2: Select a trustworthy family member or close friend who has self control interested in helping motivate you to put what you're learning in the course to action. Much like a social group working together to become more physically fit, this person must be willing to work with you to encourage you to become more financially fit. Step 2 Option 1: Browse and bookmark the USA.gov Consumer Action Handbook online. The handbook provides objective and practical consumer information for savvy consumerism, resolving consumer problems, a resource for consumer resource and assistance programs.URL: http://www.usa.gov/topics/consumer/consumer-action-handbook-online.shtml Step 2 Option 2: Browse and bookmark the America Saves website. America Saves is a campaign coordinated by the nonprofit Consumer Federation of America (CFA) and is dedicated to helping individuals save money, reduce debt, and build wealth. URL: http://americasaves.org/ +LifeDojo Learning MoreOpportunities for students to extend their learningReal world resources to help them now, and in the near future+Example Learning More ResourcesAmerica Saves is a campaign coordinated by the nonprofit Consumer Federation of America (CFA) and is dedicated to helping individuals save money, reduce debt, and build wealth. Twitter: @AmericaSavesURL: http://americasaves.org/ The Consumer Financial Protection Bureau is dedicated to making markets for consumer financial products and services work for Americans whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products.Twitter: @CFPBURL: http://www.consumerfinance.gov/ +LifeDojo Coach OptionFor a additional price, a coach option is availableLifeDojo is also used for corporate wellness. This option was built primarily for corporate wellnessNote This Financial Skills 101 is specifically for HS Students+ModulesIntro - The power of money and class overviewThe good old daysMoney in the modern worldGoals, values and philanthropyFinancial planningIntroducing budgetingIncome and CareersSavingBankingCredit and debtGood and bad debtBuilding creditHow to get out of debtInvestmentsRetirementTaxesInsuring yourselfInsuring your stuffSafety onlineBuilding your budget+19Get started Program Environment20Employee Dashboard21Scaffolding and Pace of Course+PlatformsLaptopsTabletsSmartphones (BYOD Schools)+How to Learn Surrounded by TechEvidence Based Approaches+Why I Know ThisThe MotivationiPhones, iPads, etc.The ResearchThe ExperienceTeacherParent (Bryce)+Mr. Page, why did you give a bunch of kids with A.D.D., A.D.D. devices? Prior student+iPads help but+Technology is only a tool to help grow your.+Students Need To Understand How to use technology as an effective learning tool. +Research Study #1College students were asked to watch a 30-minute videotaped lecture.Some were sent eight text messagesOthers were sent four or zero text messages.Those who were interrupted more often scored worse on a test of the lectures content. Those who responded to the experimenters texts right away scored significantly worse than those participants who waited to reply until the lecture was over. +Research Study #215 minute observation by Larry Rosen, a psychology professor at California State UniversityDominguez Hills. Students on-task behavior was disrupted 2 minutes in, mainly responding to texts or checking Facebook. They only spent 65 percent of the observation period actually doing their schoolwork. +Further ResearchSt. Johns University found through observation 58 percent of second- and third-year law students who had laptops in class were using them for non-class purposes more than half the time.University of Vermont found that students engage in substantial multitasking behavior with their laptops and have non-course-related software applications open and active about 42 percent of the time.Technology was a cited distraction for surrounding students. +Multitasking is a MythChecking social media/text messages draw on the same mental resources demanded by schoolwork.Under most conditions, the brain simply cannot do two complex tasks at the same time.Multitasking can happen only when the two tasks are both very simple and when they dont compete with each other for the same mental resources.There is a lag when switching from one task to the other.Listening to a lecture while texting, or doing homework and being on Facebook uses the same area of the brain (prefrontal cortex).+Multitasking with Technology Damages the Learning Process Dropping and picking up mental threads leads to damaged mental threads and more mistakes.Students subsequent memory of what theyre working on will be impaired if their attention is divided.When we are distracted our brains process and store information differently, in less useful ways.Increases decision fatigue.More about this later+Transferable SkillThese distractions are also real for adults, so this is a lifelong learning lesson.Technology is a part of the 21st century labor force.Using technology effectively and efficiently, such as an iPad, is essential in the modern world if used as an empowering tool free of distractions. +Creative & Introspective Thinking+Example Student Assignment Write one rule for using technology as a learning tool, and avoiding technology as a distraction tool.+Extra Time?A few more tips and tricks for integrating technology into the classroom+A Little HumorBill Cosby on BudgetingURL: https://www.youtube.com/watch?v=hUxttPh7_XQFires up their brainsResearch has found that humor lights up more of the brain than any other functions+Tips and Tricks to Integrate-Online gamesOnGuardOnline Risk management and online safety (Need flash)URL: http://www.onguardonline.gov/ Financial Football and Financial Soccer Review for financial examination and an anchor activity (Financial Football has an app)URL: http://www.practicalmoneyskills.com/games/trainingcamp/ff/ D2D games (Bite Club, Celebrity Calamity) Casual gamesURL: http://financialentertainment.org/ +Why Game Based Learning?According to a recent We Are Teachers survey81% of teachers feel students are more engaged in learning when playing games65% cite games as an aid in developing problem solving skillsAccording to Dr. Blunt who researched game based learning in business and economics coursesWhen assessed, data analysis found classes using games scored higher than those classes who did not.+Tips and Tricks to Integrate-SimulationsGen I Revolution Integrate with CEEs LEI lessons (Need flash)Hands On Banking Online courses; quasi simulations, for kids of all ages aligned to standards and supported with lessons; ideal special education resourceBudget Challenge Online bill paying simulation, ideal for homeworkPlaySpent Play to conclude a financial hardship lesson (need flash); ideal special education resource+Why Simulations?We need to make it as REAL for the kids as we canRewards for wise financial choices, consequences for bad financial choicesStudents are more engaged when they are leading their learningTeachers can identify and sprinkle in teachable moments, as opposed to the fire hose approach of giving information with long sit and get lectures+Tips and Tricks to Integrate-K-8 StudentsAvengers Financial literacy lessons integrated into a comic bookCentsables A broad collection of comics, lessons, and videosSecret Millionaires Club A broad collection of comics, video lessons (cartoons), and gamesMoneyAsYouLearn Offers educators tools to integrate personal finance into the teaching of the Common Core SS in Math and ELA. +Questions?Brian PageTwitter: @FinEdChat+