Life Skills

Money Smarts 101: Thinking Before Buying Is a Powerful & Rewarding Life Skill!

In this one-time financial literacy workshop, children learn to research the full value of a possible purchase (e.g. including sales tax & shipping ) as well as how much they will use & appreciate an item or experience, BEFORE they buy it.
8 total reviews for this teacher
8 reviews for this class
Completed by 76 learners

45 minutes

per class

Meets once


year olds


learners per class

per learner

How does aOne-Timeclass work?

Meets once at a scheduled time
Live video chat, recorded and monitored for safety and quality
Great for exploring new interests and different styles of teachers

How Outschool Works

Available Times

Pacific Time

Fri Jun 3

Meet once (1 day)
6pm - 6:45pm
Only 3 spots remaining

Fri Jun 3

Meet once (1 day)
7:15pm - 8pm
Only 3 spots remaining

Sun Jun 5

Meet once (1 day)
9:15pm - 10pm
Only one spot remaining

Don't see a time that works for you?


Class Experience

This class is taught in English.
Children actually experience that thinking before buying does NOT mean you never get to buy anything fun! It just means that you plan your spending in order to avoid being disappointed (buyer's remorse), while protecting the planet. Because items purchased after more careful consideration actually get used, versus going into landfills.
My formal education is in Economics. I worked for a global bank as a Risk Analyst before my family was born. My family is now grown. I have been teaching kids how to think before they buy for over five years now - and I love it! Thinking before buying is the cornerstone of financial literacy, which is why I believe giving kids the habit of thinking before buying is one of the best gifts ever. And - it's not that hard a gift to give. 
The only homework is that we ask children to come to workshop with a possible purchase in mind, and an image or photo of the item or experience in question. Every student receives a pdf summary of all the math and thinking they have done when calculating the DIMS - Does It Make Sense? Score for a possible purchase. They can embed an image into that summary, which is particularly helpful if they are going to forward it to out-of-town family members who may have asked what your son or daughter might like to receive for an upcoming holiday or birthday gift.
You children will be calculating the DIMS - Does It Make Sense? Score for possible purchases on the website. Gifting Sense offers a free and safe online calculator that collects no personal information. If your children want to print off the pdf summary of all the math and thinking they have done, they will need access to a printer. Please visit the site to learn more. Please do not hesitate to ask me any questions you may have.
In addition to the Outschool classroom, this class uses:
Before you know it, your kids will be asking themselves "What's the DIMS Score?" before placing an item on a wish-list. Your family will be able to discuss the pros and cons of possible purchases in a relaxed but structured fashion, because you'll be armed with all the relevant information, in advance of having to make a decision. Parents are shocked to see children change their minds about a possible purchase after calculating the DIMS Score. Kids are shocked to see how quickly their parents get behind a request when it is made in advance, with thought and manners.
45 minutes per week in class, and maybe some time outside of class.
Please feel free to visit and take a look at the Teacher Tab which contains a glossary you can download and print off. The Gifting Sense blog is another resource for parents and educators who are interested in helping children acquire the vocabulary and basic analytical skills to be able to successfully manage their personal finances. Please note that your child can calculate the DIMS Score for any possible purchase as many times as they like after a workshop. 


Karen Holland
Lives in the United States
Give your kids the best gift ever: the habit of thinking before buying!
8 total reviews
38 completed classes

About Me

Hi! My name is Karen Holland. I'm a Mom, with an educational background in Economics (Honours Bachelor of Arts and Masters Degree), who worked for a global bank. I believe that thinking before buying is the cornerstone of financial literacy; which... 
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