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FLEX Money Life Skills How Money Works Financial Credit Cards Save Banks 4W2

This 4 week class is designed to teach individuals of all ages about the basics of managing money, understanding credit cards, banking, finance, investing, and savings. The course will cover a variety of topics such as creating a budget, managing debt, understanding credit scores, different types of bank accounts, investing basics, and different types of savings plans.
Explosive Learning Jo Reynolds Life Skill Teachers
Average rating:
4.8
Number of reviews:
(1,279)
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Class
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What's included

4 pre-recorded lessons
4 weeks
of teacher support
1 year access
to the content
Homework
1 hour per week. Each week, there will be approximately 20 - 30 minutes of homework assigned to help participants develop and apply the ideas taught in class to their own lives.

Class Experience

Money Life Skills: Understanding Money, Credit Cards, Banks, Finance, Investing, and Savings

DESCRIPTION: This class is designed to teach individuals of all ages about the basics of managing money, understanding credit cards, banking, finance, investing, and savings. The course will cover a variety of topics such as creating a budget, managing debt, understanding credit scores, different types of bank accounts, investing basics, and different types of savings plans. The class will be a combination of lectures, discussions, and hands-on activities that will provide students with the knowledge and skills they need to make informed financial decisions.

GOALS:
-Teach students how to create a budget and manage their money effectively
-Provide students with an understanding of credit cards and how to use them responsibly
-Help students understand the different types of bank accounts and how to choose the right one for them
-Introduce students to the basics of investing and different types of savings plans
-Provide students with the knowledge and skills they need to make informed financial decisions
-Help students understand their credit score and how to improve it

CLASS TOPICS:
Week 1 - Topics will include: 
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?

Week 2 - Topics will include:  
We will talk about ways of creating money for financial stability. 
How banks and financial institutions work
Credit and debit cards, credit ratings, mortgages and rent, bank loans

Week 3 - Topics will include: 
Creating a list of income and outgoings
How to manage a budget 
What profit and loss is
The best ways of saving money

Week 4 - Topics will include: 
What an 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.

Note: This class is designed to be comprehensive and cover a wide range of topics. Therefore, it is tailored to fit the needs of all individuals regardless of their age or financial background, helping them to manage their money better and make informed financial decisions.

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. 

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 - 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 - 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.

▬▬▬▬▬▬  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.
Learning Goals
The learner goals for this class on "Money Life Skills: Understanding the Fundamentals of Financial Management" are as follows:

Understand the basics of money and its role in daily life, including different forms of currency and their history
Learn about credit cards and banks, including how they work, different types of credit cards, and how to use them responsibly
Gain knowledge of finance and investing, including budgeting, saving, managing debt and different types of investments and how to build a diversified portfolio
Develop the ability to create a savings plan and the skills for successful money management, including how to set financial goals, make informed financial decisions, and develop good money habits.
Overall the class aims to empower the participant to be able to manage their money effectively, make informed financial decisions and build wealth over time.
learning goal

Syllabus

4 Lessons
over 4 Weeks
Lesson 1:
Understanding the Value of Your Work
 Discover how to accurately assess the value of your work and the factors that influence pricing decisions. 
Lesson 2:
Setting Your Financial Goals
 Set clear, achievable financial goals to guide your pricing strategy and overall business approach. 
Lesson 3:
Developing Your Pricing Strategy
 Learn to develop a flexible pricing strategy that accounts for your costs, market demand, and financial objectives. 
Lesson 4:
Overcoming Pricing Obstacles
 Address common pricing challenges and obstacles, and learn strategies to overcome them. 

Other Details

External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.
4.8
1279reviews
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Teacher expertise and credentials
Bachelor's Degree in Science from Brighton University UK
Jo Reynolds BSc Money Business Video Games YouTube
Johnathan has been a martial arts expert since the age of 9. From the age of 16 he worked with various circus teams where he learned many skills. He has travelled the world performing for audiences including Formula 1 events, royalty and international superstars. He is a fully insured fire performer with many skills including bubbleology, staff spinning, juggling and stilt walking, to name but a few. 

As a serial entrepreneur who founded three successful companies before the age of 30, my drive to succeed in life began in my teens when I realised the power of positive motivation. I was lucky enough to have a good mentor who guided me through the intricacies of financial management which helped me to understand the value of money, how to identify and seize opportunities to make money and how to manage an investment portfolio. 

He holds a Bachelors degree and also teaches conversational English to children and adults across the world.

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$25

weekly or $99 for all content
4 pre-recorded lessons
4 weeks of teacher support
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1 year of access to the content

Completed by 8 learners
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Ages: 14-18

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