Life Skills and Financial Management
Course Description:
This course aims to equip teenagers with essential financial management skills to foster responsible decision-making regarding money. Through interactive discussions, practical exercises, and real-life scenarios, students will learn life skills, budgeting, saving, investing, and understanding credit.
Course Objectives:
- Understand the importance of financial literacy.
- Identify personal goals.
- Learn how to create and manage a budget
- Differentiate between needs and wants.
- Understand the importance of saving.
- Learn strategies for building and emergency fund.
- Learn about different types of bank accounts (checking, savings).
- Understand how to use online banking responsibly.
- Define credit and its importance.
- Learn about credit scores and reports.
- Understand basic investment concepts (stocks, bonds, mutual funds).
- Learn the benefits of starting to invest early.
- Learn to make informed purchasing decisions.
- Understand advertising and marketing tactics.
- Develop personal short-term and long-term financial goals.
- Housing Options: Renting vs. Buying.
- Child Care Basics: Child Development, Safety, First Aid.
- Basics of Nutrition
- Personal Hygiene and Self-Care: Daily Routines and Health Maintenance
- Career exploration.
- Reflect on what has been learned in the course.
Materials Needed:
- Notebook and pen, pencil
- A charged chromebook
Recommended:
- Period starts promptly at 7:40 am, please be on time.
- Participation is key to success in this course.
