FLEX How Money Works Personal Financial Literacy Banks & Credit Cards 4W3

In this 4 week class, we will explore the basic concepts of money and how currency works. We will delve into the history of money, including the evolution of different forms of currency and their role in society. We will also cover important topics such as taxes, the public sector vs private sector, bankruptcy, and the difference between needs and wants. Additionally, we will explore the relationship between money and happiness and how to pick the right career.

▬▬▬▬▬▬ Class 1 ▬▬▬▬▬▬
What money is and how currency works
The history of money
Tax
Public Sector Vs Private Sector
Bankruptcy 
The difference between needing and wanting
Picking the right career 
Can money buy happiness or love?

▬▬▬▬▬▬ Class 2 ▬▬▬▬▬▬
How banks and financial institutions work
Credit and debit cards, credit ratings, mortgages, and rent, bank loans

▬▬▬▬▬▬ Class 3 ▬▬▬▬▬▬: 
Creating a list of income and outgoings
How to manage a budget 
What profit and loss is
The best way of saving money

▬▬▬▬▬▬ Class 4 ▬▬▬▬▬▬
What investment is and how they work.
Different examples of what investments can be.
What changes the value of an investment and how to spot trends.
Small investments that are essential: e.g. housing, savings, pensions.

The flexible schedule (Flex Class) allows your learners to watch the pre-recorded videos and do them at a time that is FUN for them! You can also spend extra time on the topics your child is most interested in. Since this is a flex class with no live meetings, students can log in at a convenient time to complete the week's lesson. We will be going through each week as a group and I will post the lesson weekly (depending on which day you started).

The videos will contain the information required to give students a good understanding of each topic and each one will include homework for the students to undertake during the week, as part of a project. 

Homework assignments will include compiling a budget, brainstorming ways to make money from things you enjoy, making a list of the things they want versus the things they need, and the process and terminology of opening a bank account. There will also be research assignments into compound interest, investment opportunities, and risk appetite. This will mean lots of interaction between me the teacher and learners after each class to get the homework assignments completed correctly.

After watching each video and completing the homework assignments, students will be provided with feedback and the specific next steps on how to create a process to manage their finances successfully. 

Timeframe for the Week:
Mondays - The teacher will post the information needed for the week. Students can submit questions.
Tuesdays-Wednesday - The teacher can answer any questions pertaining to the topic of the week.  The students will need to complete any homework assignments and answer any questions in the discussion.
Thursday - Students need to have all tasks completed and uploaded in the classroom for teacher feedback and discussion. Students will discuss it among themselves.
Friday - The teacher will provide feedback to the class and individual students.
Saturday - Sunday - The teacher will be available to answer any questions that the students may have for the week or the next week.

No required experience or previous knowledge is needed by the learners.

▬▬▬▬▬▬ Explosive Learning Teachers ▬▬▬▬▬▬ 
This class is currently being taught by Jo Reynolds.

▬▬▬▬▬▬  Schedule Requests & LIVE classes   ▬▬▬▬▬▬ 
This is the flexible version of my course, I also teach all of my classes LIVE. Please see our profile page for a full list of all the classes we offer.

▬▬▬▬▬▬ Concessions ▬▬▬▬▬▬
For parents/families who feel their child would benefit from this course, but their budget does not allow for it, I do offer a number of discounts for families of lower income. Please message me with the course, dates and times you are interested in to learn more about the discounts I might be able to offer.