Financial Literacy for Kids
Start building wealth TODAY! Learn personal finance by learning how to invest money in the stock market, the difference between credit vs debit, why banks are important and how to retire a MILLIONAIRE!
Keallah Smith, Entrepreneur & Investor
Average rating:
4.8
Number of reviews:(192)
What's included
4 live meetings
3 hrs 20 mins in-class hoursHomework
1 hour per week. Each week, learners will have homework to reinforce the finance concept that was introduced in class.Class Experience
Warren Buffett bought his first share of stock at 11 yrs old. It is NEVER to early to learn about Finance. Financial Literacy is a skill that is imperative for success in life but is also seldom taught. This class will review 4 basic financial topics (the Stock Market, the Time Value of Money, Credit Cards & Credit Scores and Banking). Each week, students will receive a handouts based on the current weeks topic. There will also be homework each week to help drive home the points learned in class. This class is perfect for those interested in the stock market and investing (our first assignment will be a stock market challenge) or any young ones who want to learn how to build wealth. The first week, we will create a mock stock portfolio to simulate real-time investing based on current stock prices and we will see which portfolio outperformed the rest, and why, in our last class. Each week, students will have an assignment to enforce the current weeks lesson. No background knowledge about finance is needed to join. Topics by Week: Week 1: Stock Market -The 3 stock market indeces -How to start an investment account for a minor -What to look for when choosing stock -Students will be given a Mock Brokerage Account where they will need to pick stocks for their portfolio based on what was learned in class. Week 2: Time Value of Money (TVM) -Students will explore the TVM concept and will see how to apply this concept to real life situations like investing and making loan payment. -We will learn how to calculate how much an investment/sum of money is worth in the future -We will see first hand the benefits of investing money NOW, rather than later Week 3: Credit Cards and Credit Scores -We will explore such questions as: Is debt bad? Will I need a credit card? What is a credit score? -We will review what to look for when choosing a credit card -How to be responsible with a credit card at any age -How is a credit card different from a debit card -How your credit score is calculated Week 4: Banking -We will explore the difference between a Banks and a Credit Unions / Brick & Mortar vs Virtual -Checking vs Savings accounts -Certificate of Deposits (CD) -2008 U.S. Financial Crisis -Review the Mock Brokerage Accounts and see how the students investments did and examine factors that affected the gain/loss as well as investment strategies This class is a great way to introduce yourself to the great big, and sometimes confusing, world of finance and begin the path to be a financially independent adult. *Class duration is approximate - Class Participation is highly encouraged :-)*
Other Details
Supply List
Financial Calculator (optional)
External Resources
In addition to the Outschool classroom, this class uses:
Joined July, 2019
4.8
192reviews
Teacher expertise and credentials
My name is Keallah Smith and I am a graduate of Georgia State University with a degree in Finance and a degree in Accounting. I'm an entrepreneur and a full-time homeschooling mother to four boys.
Basic financial principles are things that should be taught to all kids prior to reaching adulthood. Because this topic is not widely taught in schools, I've made it my mission to address this gap in a fun and engaging way. So, in my wheelhouse, you will find classes which encourage financial independence and entrepreneurship.
To learn more about myself, you can contact me at hello@KeallahSmith.comReviews
Live Group Class
$90
for 4 classes1x per week, 4 weeks
50 min
Completed by 748 learners
Live video meetings
Ages: 10-15
5-10 learners per class
