Basic Financial Principles: Are You Ready for Life?
In this 5-session course, students will learn the fundamentals of personal finance and then put their new knowledge to the test in an interactive budgeting game.
Jacob Prince
Average rating:
4.9
Number of reviews:(9)
What's included
5 live meetings
5 in-class hoursClass Experience
RECENTLY UPDATED! After teaching my first round through this course and receiving helpful feedback, I have changed the structure to be one week with more meat on the bones, per se. Halfway through college, I was crippled with life's big questions - how will I get a job? Will I be able to start a family? How can I afford a house? Will I retire joyfully or unsure of my investment accounts? My lack of confidence in my answers has led me down a road of educating myself on personal finance and spreading this knowledge to others around me. Far too often teens go to college with insufficient expertise on finances and are still dealing with decisions that were made in their 20s even into their 40s. This course will equip students with knowledge and skills to be financially dependent and prepared for college, career, and beyond! The first four sessions of the course will be instructional and cover the fundamentals of personal finance - savings, budgeting, loans, and investing. These lessons will be a mixture of lecture and discussion. I will use PowerPoint slides for learners to engage with as well as fill-in-the-blank sheets. There will be practice problems that students will complete in class and then interact with one another as they share about the decisions they made. The final session will be a decision-based game where students will choose their college, career, family, and retirement goals. At each phase in the game, students will need to adjust their savings plan, re-create a budget, decide on loans, and keep up with their retirement account. Students will be required to make budgets, handle the "curveballs" of life, and practice the things they learned in the first four weeks. Lesson 1 - Fundamental A: Savings Lesson 2 - Fundamental B: Budgeting Lesson 3 - Fundamental C: Loans Lesson 4 - Fundamental D: Investing Lesson 5 - Life Budgeting Game: College, Career, Family, Retirement!
Learning Goals
Students will grasp an understanding of basic financial principles and gain experience practicing what they have learned.
Other Details
External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.
Joined June, 2020
4.9
9reviews
Teacher expertise and credentials
Hello students and parents! I am Jacob Prince. I live in Charlotte, NC with my high-school heart wife and our two kiddos! I have been working with students of all ages for 7 years, but as part of my full-time job with middle and high school students for the past 4 years. I would love to focus on teaching students about the power of money, what it is, how it's used, and all the personal finance skills I was never taught growing up. My degree and background are in Finance & Banking which gives me expertise, knowledge, and passion for the subject! I have also been teaching students (ages 5-12) online for 1 year. My style of teaching utilizes fill in the blank worksheets, props, and everyone's favorite - fun facts! Being from North Carolina, I love college football, Cheerwine (a local soda), and being outdoors!Reviews
Live Group Class
$60
for 5 classes5x per week, 1 week
60 min
Completed by 3 learners
Live video meetings
Ages: 14-18
2-10 learners per class
