Master Your Money! Financial Literacy Practical Skills Camp (Level 1) 5 Day
What they aren't teaching in school! Learn about earning, saving, protecting, investing, and borrowing as it relates to financial health. Taught by Mr. Scott, $1M+ biz owner and career AP Econ teacher. 1st OS class? $20 code in listing.
What's included
5 live meetings
4 hrs 10 mins in-class hoursHomework
4+ hours per week. Students will be provided with skills practice packets each session which they can complete with their family. These activities are optional. The instructor is happy to answer questions via the classroom regarding these exercises.Certificate of Completion
A certificate of completion is available on request, listing the hours of study and the key learning goals of the session.Class Experience
US Grade 7 - 10
Beginner Level
New to Outschool? Here's a $20 credit for your first class. 💵 CODE: DNDCLUB20 Note: the kids who get the most out of this class actively engage in some fashion (via chat, camera, or audio). The subject matter requires “doing” as a key theme, so this class emphasizes this throughout the week. Students deserve to learn about money! 🎓💰 This course is like the ultimate treasure map guiding them towards financial independence and wealth creation. In each hour-long session of our camp, we'll unlock a series of key topics that, when pieced together, will set students on the path to financial freedom! 🚀 We'll cover the five key ideas of financial literacy: earning, budgeting, saving, protection, and investing. Within those ideas we cover key topics like the importance of getting a job, how to open a savings account, credit scores, positive spending decisions, insurance (home, car, health), an overview of taxes, as well as an introduction to financial investing. 💵 👩🏫 How will class be taught? Class will be taught through lecture, discussion, question and answer, as well as practice and demonstration exercises. Students have indicated Mr. Scott's teaching style is "intense and engaging". I'm all about putting learners at the heart of the experience, empowering them with actionable takeaways and inspiration. Class will include viewing of a few very short YouTube clips for context and to reach different learning styles. Also, class is taught to push student understanding. We build and unpack complex ideas from start to finish every session. 🎓 Student Expectations: We expect our students to embody our core values of teamwork, integrity, accountability, and problem-solving skills. Active participation and positivity are key! 🔍 Required Skills: Students should be comfortable with decimals, percentages, and basic math operations. If they've got that covered, they're good to go! Note on content 📝 This class teaches financial skills that are broadly applicable in various regions of the globe, where individuals have access to retail and commercial banking services and market or mixed economies. While an attempt will be made to explain ideas so all students can understand, hyper local examples and command based systems fall outside these financial skills. Specifically, this class recognizes the ability to lend money at interest as a core concept within the financial world. It represents the importance of individuals being able to accumulate private property to pursue financial independence. Late Arrivals: They will be admitted at the discretion of Mr. Scott.
Learning Goals
Students will be able to recognize and complete basic applications of the the five aspects of financial literacy: earning, savings, budgeting, protecting, and investing.
Syllabus
5 Lessons
over 1 WeekLesson 1:
Budgeting and Earning
This class builds a basic understanding of the importance of budgeting, the importance of cashflow, and understanding income vs. expenses.
50 mins online live lesson
Lesson 2:
Banking, Saving and Investing
This class covers how banks work, how students can use the banking system, the importance of saving money as it relates to investing and different types of financial assets.
50 mins online live lesson
1 assignment
Lesson 3:
Spending Habits, Credit Cards, and Credit Scores
This class evaluates the spending habits of consumers and builds an understanding of the difference between needs and wants. We learn how behavior relates to our spending decisions.
Students will learn how credit cards work, the difference between credit and debit cards, as well as how this all relates to credit scores.
50 mins online live lesson
Lesson 4:
Insurance, Loans, Taxes
This class builds an understanding of how insurance and borrowing money impact our financial health, as well as learning about income tax basics. We will learn both the positives and negatives of leveraging these choices.
Class introduces the idea of compound interest and how "time" can support investment growth (and the need to protect that investment by understanding the above ideas).
50 mins online live lesson
Other Details
Parental Guidance
We will discuss real world matters involving money, markets, and finance. The key to being a successful business person is understanding how to read real world events without the interference of one's personal ideology. We will discuss this idea in class.
Pre-Requisites
Students should be comfortable with decimals, percentages, and basic math operations. If they've got that covered, they're good to go!
Language of Instruction
English
Teacher expertise and credentials
5 teachers have teaching certificates
Arizona Teaching Certificate in Secondary Education
Georgia Teaching Certificate in Science
Georgia Teaching Certificate in English/Language Arts
Ohio Teaching Certificate in Social Studies/History
Illinois Teaching Certificate
3 teachers have a Graduate degree
Master's Degree in Education from University of Phoenix
Master's Degree in Education from Lewis and Clark Graduate School of Education
Master's Degree in Social Work from Loyola University
2 teachers have a Bachelor's degree
Bachelor's Degree from Oregon State University
Bachelor's Degree in Psychology from Binghamton University
First Outschool class? Get a $20 credit with code: AdamSco2020
The head teacher of RPG Club Academy, Adam Scott, is a licensed, career classroom teacher who has taught AP Economics, Personal Finance, and Business for over 15 years. He is also a business owner and tech entrepreneur.
Reviews
Live Group Course
$124
for 5 classes5x per week, 1 week
50 min
Completed by 258 learners
Live video meetings
Ages: 11-16
4-15 learners per class