What does the term 'Education Return on Investment' (EROI) refer to?

The financial benefit gained from investing in education

The amount of time spent in school

The total cost of school supplies

Which of the following is a key component of financial literacy?

Understanding how to budget effectively

Reading financial news articles

What is the purpose of a budget?

To plan and track income and expenses

To find the best investment opportunities

What is a common benefit of being financially literate?

Better decision-making regarding money

Ability to avoid all financial loss

Which of the following best describes 'compounding' in the context of saving and investing?

Earning interest on both the initial principal and the interest that has already been added

Losing money over time due to inflation

The total amount saved in a bank account

What is meant by 'diversification' in investing?

Spreading investments across different assets to reduce risk

Investing all money in one stock

Avoiding any form of investment

What does the term 'interest rate' refer to in the context of loans and savings?

The percentage charged on borrowed money or paid on savings

The fees for managing an account

What is the primary goal of financial planning?

To achieve financial security and future goals

What is a 401(k) plan?

A retirement savings plan sponsored by an employer

A government grant for education

Education Return on Investment & Financial Literacy Warm-Ups 5/8/25

Scholars should also bring a bottle of water labeled with their name every day. Videos may be used in the classroom for educational purposes that are appropriate and revolve around the lesson. Movies being shown for educational purposes such as a compare and contrast on a book a scholar read will be sent home a permission slip to participate. Failure to return the permission slip will result in an alternative assignment.

Using active voice of the verbs with this stimulus Bees Collecting Nectar Bees make honey to survive. It is their only essential food. If there are 60,000 bees in a hive about one third of them will be involved in gathering nectar which is then made into honey by the house bees. A small number of bees work as foragers or searchers. They find a source of nectar, then return to the hive to tell the other bees where it is. Foragers let the other bees know where the source of the nectar is by performing a dance which gives information about the direction and the distance the bees will need to fly. During this dance the bee shakes her abdomen from side to side while running in circles in the shape of a figure 8. The dance follows the pattern shown on the following diagram. MAKING HONEY When the bees arrive at the hive carrying nectar, they give this to the house bees. The house bees move the nectar around with their mandibles, exposing it to the warm dry air of the hive. When it is first gathered the nectar contains sugar and minerals mixed with about 80% water. After ten to twenty minutes, when much of the excess water has evaporated, the house bees put the nectar in a cell in the honeycomb where evaporation continues. After three days, the honey in the cells contains about 20% water. At this stage, the bees cover the cells with lids which they make out of beeswax. At any one time the bees in a hive usually gather nectar from the same type of blossom and from the same area. Some of the main sources of nectar are fruit trees, clover and flowering trees. Source: “Hum Sweet Hum”, National Foundation for Educational Research, 1993. GLOSSARY house bee a worker bee which works inside the hive. Mandible mouth-part

Understanding the Features of Finance: A Guide for Newbies Finance is a broad field that involves managing money, including activities such as investing, borrowing, lending, budgeting, saving, and forecasting. As a beginner, understanding the basic features of finance is crucial. This guide will relate these features to blockchain technology, cryptocurrency, and decentralized finance (DeFi). 1. Basic Financial Concepts Investing: Putting money into assets like stocks, bonds, or real estate with the expectation of earning a return. In the blockchain world, this translates to investing in cryptocurrencies like Bitcoin, Ethereum, or various DeFi projects. Borrowing and Lending: Traditional finance involves banks and financial institutions providing loans. In the DeFi space, platforms like Aave and Compound allow users to borrow and lend cryptocurrencies without intermediaries. Budgeting: Planning how to allocate your income to cover expenses, save, and invest. Using blockchain technology, you can utilize smart contracts to automate budgeting and savings processes. 2. Blockchain Technology Blockchain is a decentralized ledger that records transactions across multiple computers. It is the technology behind cryptocurrencies and has several key features: Transparency: All transactions are recorded on a public ledger, making them visible to anyone. Security: Cryptographic techniques ensure that data on the blockchain is secure and tamper-proof. Decentralization: No single entity controls the blockchain, reducing the risk of centralized control and failure. 3. Cryptocurrencies Cryptocurrencies are digital or virtual currencies that use cryptography for security. They operate on blockchain technology and offer several advantages: Lower Transaction Costs: Sending money across borders is cheaper with cryptocurrencies compared to traditional banking methods. Accessibility: Anyone with an internet connection can access cryptocurrencies, promoting financial inclusion. Ownership and Control: Users have complete control over their funds without relying on banks. 4. Decentralized Finance (DeFi) DeFi is a movement that uses blockchain technology to recreate and improve traditional financial systems in a decentralized manner. Key features of DeFi include: Smart Contracts: Self-executing contracts with the terms directly written into code, enabling trustless and automated transactions. Liquidity Pools: Users can provide their assets to a pool and earn interest or rewards, promoting liquidity in the DeFi ecosystem. Yield Farming: A strategy where users move their assets between different DeFi platforms to maximize returns. 5. Applications in DeFi and Blockchain HaloFi Save: A platform that leverages blockchain technology to help people save money efficiently and securely. It encourages users to save larger amounts for longer durations, offering higher interest rates compared to traditional banks. Non-Custodial Savings: Users have full control over their funds, reducing the risk of losing their money to institutional failures or fraud. Access to DeFi: Integrating with DeFi platforms like Moola Market, HaloFi Save provides additional opportunities to earn interest on savings, promoting financial growth and stability. Practical Example: A Farmer's Journey Imagine a farmer in a remote village in Africa. Traditionally, this farmer might not have access to banking services, making it difficult to save money, get loans, or invest in better farming equipment. With platforms like HaloFi Save, the farmer can: Save money securely and earn interest. Access microloans through DeFi platforms integrated with Celo. Participate in educational programs to learn more about blockchain and DeFi. Conclusion Blockchain technology, through platforms like HaloFi Save and initiatives by Celo Africa DAO, has the potential to drive significant social change by promoting financial inclusion, transparency, and access to resources. By empowering individuals and communities with the tools and knowledge to participate in the digital economy, blockchain can help address global issues and foster sustainable development.

Education

110.31.b.17.C

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