Personal Finance Self Paced - A Teen's Guide to Financial Literacy Part 2
In this self paced class, your learner will engage in a practice game of life. They will practice (hypothetically) taking out and paying loans, buying a home, renting an apartment, planning for college and more!
Thrive Virtual Academy by Patch Kulp
Average rating:
4.9
Number of reviews:(651)
Popular
What's included
10 pre-recorded lessons
10 weeks
of teacher support1 year access
to the contentHomework
1-2 hours per week. Students will be given Real-Life based projects that allow them to apply life skills to real life scenarios. For example, when they are introduced to investing their money, they can use a free stock market simulator to practice investing in a zero risk, hands on environment.Assessment
Personalized feedback will be provided for all submitted projects.Grading
Grades are provided upon request of the parent and if the student turns in all projects.Class Experience
US Grade 7 - 11
In this innovative self-paced class, learners will be introduced to the real-world scenarios of managing finances and making informed decisions. The course is designed to simulate the experience of adult life, where students will engage in practical exercises like paying credit card bills, handling mortgage or rent payments, shopping for a new car, applying for loans, and finding suitable insurance. This hands-on approach provides an invaluable opportunity to acquire financial literacy and life management skills in a controlled and supportive environment. Please check out our weekly schedule in the syllabus.
Learning Goals
Students will develop REAL, Practical skills to prepare for a life of sound, thoughtful financial decision making.
Syllabus
10 Lessons
over 10 WeeksLesson 1:
Week 1 - Insurance Basics
Learners will understand different types of insurance. Through a case study analysis, they will determine appropriate insurance coverage for different scenarios and calculate premiums. 1 assignment
Lesson 2:
Week 2 - Financial Planning for College
Learners will plan for college expenses. They will research different funding sources, including scholarships and student loans, and create a financial plan for hypothetical college scenarios. 1 assignment
Lesson 3:
Week 3 - Career Considerations
Learners will investigate potential career options using a variety of metrics: Personal skills, passions, hobbies, interests, financial situation of the job, potential growth or decline of specific job industries, and more! 1 assignment
Lesson 4:
Week 4 - Loan Basics - Home and Auto
Students will learn about the loan process, including interest rates and repayment terms. They will participate in a loan application simulation, evaluating different loan offers for scenarios like car purchase. 1 assignment
Other Details
Supply List
None
External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.
Sources
Financial Based Life Skills: https://www.practicalmoneyskills.com/, https://www.investopedia.com/, https://www.mymoney.gov/
Joined March, 2020
4.9
651reviews
Popular
Teacher expertise and credentials
2 teachers have teaching certificates
Utah Teaching Certificate in Science
Washington Teaching Certificate in Science
2 teachers have a Graduate degree
Master's Degree in Science from University of Utah
Master's Degree in Education from Grand Canyon University
1 teacher has a Bachelor's degree
Bachelor's Degree in Biology/Biological Sciences from Brigham Young University
Hi learners and parents!
I currently am the Senior Director of Education and Technology for a FLEC (Financial Literacy, Entrepreneurship, and Career Education) company based in the United States.
I currently am a credentialed teacher in Washington State and hold my endorsements in biology (5-12), health (K-12) and fitness (K-12).
I currently teach AP Biology, honors biology, anatomy and physiology and health science.
I hold my Masters Degree in Secondary Education with an emphasis in life sciences and health.
I received my Bachelors Degree in the field of Sports Medicine from Whitworth University. I completed 1,250 clinical hours in physical therapy clinics, collegiate, semi-professional and high school athletic training rooms, emergency rooms and urgent cares.
Reviews
Self-Paced Course
$12
weekly10 pre-recorded lessons
10 weeks of teacher support
Choose your start date
1 year of access to the content
Completed by 3 learners
Ages: 12-17
