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Financial Literacy Course - I

This financial course is designed to provide introductory knowledge about money and finance to teems and kids. It's part 1 of our financial courses for kids.

 

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What is Money

Overview Financial Literacy Course - Part 1

Money can't buy happiness, but it is an essential part of life and something that is important to understand and manage early on so that it does not cause misery. Starting with the basics. this course will go over the concept of money, its different forms, and its role in daily life. Building on that understanding of money, budgeting and financial goal setting are introduced as the foundation of good money management. Once goals and a budget are set, then it is on to the valuable skill of saving and an introduction to basic financial planning tools beyond the piggy bank. Finally, this course will help students learn the importance of smart spending, recognizing the importance of making wise consumer decisions as part of good money management.

 

Module

1

What Is money and why should I care?

In Section 1, you will meet Moon and Evey, two middle school students navigating the world of money and finance. Topics that will be covered in this section include: Understanding the concept of money and its importance in daily life, Recognizing different forms of money (coins, banknotes, digital transactions), Identifying the value of money and basic denominations Introducing the concept of how money obtains value, and money's connection to work.

Module

2

Budgeting to achieve your dreams

In Section 2, you will meet Moon and Evey, will be covering the topics of: Defining budgeting and its significance in managing finances, Differentiating between needs and wants, Creating a personal budget, Developing strategies for tracking income and expenses, and Setting financial goals and priorities.

Module

3

Pay yourself first- SAVE!

In Section 3, Moon and Evey discuss the importance of saving money as part of smart financial management. The following saving topics are presented: Importance of saving money, Differentiating between short-term and long-term savings goals, Introducing basic concepts of interest, compounding, and the time value of money, Strategies for saving money effectively, and Introduction to basic financial planning tools.

Module

4

Spend, Spend, Spend- but do it wisely!

In Section 4, now that Moon better understands the importance of savings, he learns the value of spending wisely. Students will join Moon on learning the following topics: Understanding the concept of spending wisely, Distinguishing between essential and non-essential expenses, Comparing prices, quality, and value before making purchasing decisions, Introduction to budgeting for specific expenses (e.g., entertainment, clothing), and Recognizing advertising techniques and making informed consumer choices.

Meet Finance Course Creator, Heather Gossler

A part-time teller job led to an MBA from DeSales University in the United States and a 27 year career in the finance and banking industry. I developed a youth banking program at my bank believing that it is never too young to learn to make good financial decisions. I took the program out into the surrounding communities’ schools to teach students basic finance. I then discovered that my true calling was education.

I left the executive offices of banking and began my teaching career, which I’ve been doing for 15 years. I went back to school and earned my M.Ed. in Educational Leadership from Cabrini College. I’ve taught  middle school students the subjects of U.S.History, English and Language Arts, Science, and Family and Consumer Science which included a unit on personal finance. My ultimate goal is to help students find their passion for learning what it takes to be the best person they can be.

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