First Finances: Needs, Wants, Spending, and Saving
In this one-time class, students will learn the basics of personal finances including how to earn money, how to determine wants and needs in order to make spending decisions and saving for something they want.
Stephanie Roestel
Average rating:
4.8
Number of reviews:(132)
What's included
1 live meeting
40 mins in-class hoursHomework
You will have the option to print some review worksheets for the student to complete after class to reinforce the concepts.Class Experience
In this one-time class, students will learn the difference between things that they want and things that they need. They will also learn how to make responsible spending and saving decisions. Through illustrations, discussions, and fun interactive scenarios the students will explore why it is important to prioritize our needs over our wants when we go shopping, where the money comes from, and the concept of saving money for something we want but can't afford right now. In addition to these concepts, the students will also be reviewing basic counting and subtraction as we spend money in our virtual store. This course will set an important foundation for future finance lessons. Here is a breakdown of what to expect in this class: Greeting Introduction to needs and wants Now that we know what we want, how can we get it? Shopping scenario as a group Gifts vs Income Saving money for a bigger want Practice these new concepts by playing an interactive game Closing/goodbye I can’t wait to see your child in my class!
Other Details
Supply List
Please have a few pieces of blank paper and a pencil handy.
External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.
Joined April, 2021
4.8
132reviews
Teacher expertise and credentials
Welcome! I'm Stephanie Roestel.
I have my Bachelor's degree in Finance from Eastern Washington University. I started a career in retail banking but chose to leave the profession to stay home with my growing family. Several of my children have special learning needs and I decided to homeschool, during their most challenging years, to meet these needs. Learning how to educate children in the way that they learn best has been a passion of mine for the past 12 years.
On Outschool, I offer classes in Math and Finance, which are the subjects I have my formal education in. But I also offer classes in reading and literature, which are subjects I found a passion for while homeschooling. Teaching my little ones to read and then leading them in discussions about literature when they got older, has been an incredible experience.
In addition to teaching my own children, I spent 6 years as a volunteer unit leader for a scouting organization. During that time, I rotated between the different age groups within our troop. I designed projects for the girls to complete as they worked to earn badges in a variety of subject areas. Some of these projects were academic (creative writing, robotics, kitchen science) and some were designed to teach life skills (camping, fire building, hiking, cooking). It was very rewarding to collaborate with my scouts as we all learned these skills together.
I have been teaching English as a foreign language online for the past 2 years. This experience has allowed me to adjust the way I teach depending on the level and age of my learners. I have taught advanced 5-year-olds and lower-level adults and each has required a unique approach.
I love to teach in an engaging and collaborative way, where we are all contributing to the learning experience. I believe this creates a fun and interactive environment where the students can really be excited and involved.
I have 5 children and our collective interests are vast. We love video games, board games, roller skating, movies, music, live theatre, concerts, reading, and enjoying the beautiful outdoors of Colorado.
I can't wait to share my love of learning, with your child, in my Outschool classroom. Reviews
Live One-Time Class
$10
per classMeets once
40 min
Completed by 438 learners
Live video meetings
Ages: 4-7
2-6 learners per class
