Financial Literacy

Course Description

"Life Skills 105: Financial Literacy" is a course designed to provide essential financial education, covering fundamental concepts like budgeting, saving, investing, and credit management. The course aims to empower individuals with the knowledge and skills required for sound financial decision-making.

Learning Outcomes

• Understand Financial Literacy Fundamentals: Grasp key concepts of personal finance.

• Develop Budgeting and Saving Skills: Learn effective strategies for managing personal finances.

• Make Informed Investment Decisions: Understand basic investment principles and risks.

• Navigate Credit and Debt Management: Gain insights into responsible credit use and debt handling.

• Plan for Long-Term Financial Goals: Learn about retirement planning and insurance.

Course Outline

• Introduction to Financial Literacy

  • Overview and importance in personal life.

  • Pre-course assessment to gauge current financial literacy levels.

• Key Components of Financial Literacy

  • Detailed exploration of budgeting, saving, investing, credit management, taxes, insurance, and retirement planning.

  • Sub-modules with explanations, examples, and exercises.

• Mindset in Financial Decisions

  • Understanding mindset impacts on financial behavior.

  • Case studies and activities.

• Financial Mindset Self-Evaluation

  • Interactive self-assessment using a 5-point scale.

• Comprehensive Lessons on Financial Literacy

  • In-depth understanding of financial terms and their real-world application.

  • Visual learning through educational videos and reflective journaling.

• Measuring Growth in Financial Literacy

  • Post-course evaluation and self-reflection on knowledge and mindset changes.

• Essential Takeaways in Financial Literacy

  • Summary of top three learnings.

  • Continuous learning and application encouragement.

Bonus Features

• Interactive quizzes and scenarios.

• Customizable learning paths.

• Diverse learning materials including infographics, podcasts, and expert interviews.

Course Implementation

• Use of an online learning management system (LMS).

• Incorporation of interactive tools like simulations and financial planning software.

• Scheduled live webinars for deeper discussions and Q&A.

Course Evaluation

• Regular collection of student feedback.

• End-of-course evaluations for insights and future enhancements.

Conclusion

• Emphasizing the lifelong nature of financial education.

• Resources for ongoing learning and personal finance management.