The Fundamentals of Financial Literacy: Understanding Banks and Credit Cards is a four-part series that covers the basics of money and currency, how banks and financial institutions operate, the concepts of credit and credit cards and managing personal finances. The class starts with an overview of the fundamental concepts of money and how currency works, including the history of money, inflation and the role of government. The second class explores the world of banks and financial institutions, including how they operate, types of accounts they offer and lending products they provide. The third class is all about credit and credit cards, how credit works, how credit score are calculated, how to use credit cards responsibly and different types of credit cards. The final class is focused on helping students manage their finances, including budgeting, saving and creating a financial plan that works for them. By the end of the class, students will have the knowledge and tools necessary to take control of their finances and achieve their financial goals.

Topics to include:
▬▬▬▬▬▬ 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.
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 - 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.

Once a learner has been verified per OS policy, this is a camera optional class.

▬▬▬▬▬▬ Minimum Student Levels ▬▬▬▬▬▬ 
Please be aware I try to teach all of my classes to at least 2 students as I feel it provides a better teaching and learning experience. If the minimum amount of students is not reached 24 hours before the start of the course, students will be transferred to the next available section at a similar time.

▬▬▬▬▬▬ 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. If you do not see a time or date listed for a class that interests you, please message me with a few possible dates and times, and I will do my best to offer a session that will work for your schedule. Here is a link to my live schedule for this class - https://outschool.com/classes/how-money-works-understanding-money-credit-cards-finance-life-skills-camp-726QQRsR?usid=5GcmKQIx&signup=true&utm_campaign=share_activity_link

▬▬▬▬▬▬ 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.

▬▬▬▬▬▬ Discount Coupons for related courses ▬▬▬▬▬▬
For those who wish to continue their journey, I have just created a new finance/money weekly class for those students that took and enjoyed my “How Money Works Class” and wanted to continue the adventure of mastering money, finance, investments, etc with the support of myself and classmates. Every week we will focus on a specific money topic to help them grow financially.  
Get the first week for free to see if they like it with this $43 off my class "How Money Works Weekly- Understanding Money - Credit Cards - Finance Life Skills" with coupon code REYNOMONEYWEEK43 until Feb 24, 2023. Get started at https://outschool.com/classes/how-money-works-weekly-understanding-money-credit-cards-finance-life-skills-YEjz3HcW and enter the coupon code at checkout. 

I have also started a new Money Finance Investing Group Community for All Things Banks Debit Credit Cards which is a new thing on Outschool. This is a place for students to learn, share and connect with like-minded students. If you’re interested in trying the first month for free to see if you like it, please use this link:
Get $25 off my class "Money Finance Investing Group Community for All Things Banks Debit Credit Cards " with coupon code REYNOMONEYGROUP25 until Feb 24, 2023. Get started at https://outschool.com/classes/money-finance-investing-group-community-for-all-things-banks-debit-credit-cards-KRtxPCc4 and enter the coupon code at checkout.