Welcome to Financial Literacy, the course intended to teach you how to manage your money and your finances in the future. Days marked with an asterisk (*) mean there is something to print.
Navigational Links: Quarter 2
Day 1
1. Be sure to register and log in to Khan Academy. That way, it will track your mastery and record your scores on quizzes and tests that you take. Make sure you are logged into Khan Academy every time you do one of these lessons.
2. Watch the video “Welcome to Financial Literacy.”
3. Read the article “Welcome to Financial Literacy.” How can becoming financially literate benefit your life?
4. Read the article “What is Financial Literacy?”
Day 2
1. Read the article “What is a Budget?”
2. Read the article “Planning a Budget.”
Day 3
1. Read the article “How Do You Build a Budget?” (Be sure to watch the video.)
2. What expenses do you have? How much would you need to make a month for those expenses to be 50% or less of your income?
Day 4
1. Watch the video “Budgeting and the 50:30:20 Rule.”
2. Complete the exercise “Building a Budget.”
Day 5*
1. Read the article “How Do You Balance Your Budget?”
2. Complete the budget case study. (Print one copy of the monthly budget worksheet for each girl.)
Day 6
1. Watch the video “What is the Better Deal?”
2. Read the article “Unit Pricing: How to Spend Less By Paying More.”
3. Complete the Unit Pricing exercise.
Day 7
1. Read the article “How Do I Lower My Expenses?”
2. Also read this article, “How To Cut Your Expenses.”
Day 8
1. Watch the video “Why and How to Save.”
2. Read the article “Why and How Should I Save Money?”
Day 9
1. Read about planned and unplanned expenses.
2. Read “I am Ready to Save.” Complete the practice exercise at the bottom.
Day 10
1. Watch the video “Saving Wisely: Emergency Fund.”
2. Complete the “Emergency Fund” exercise.
Day 11
1. Read the article “Saving Wisely.”
2. Complete the “planned expenses” exercise.
Day 12
1. Watch the video “Paying Yourself First.”
2. Read the article “Pay Yourself First.”
3. Complete the “paying yourself first” exercise.
Day 13
1. Read the article “What are Different Types of Savings Accounts?”
2. Read the article “What is Interest and How Does it Work?”
Day 14
1. Take the unit test for budgeting and saving.
Day 15
1. Watch the video “What is a Credit Score?”
2. Read the article “What is a Credit Score?”
3. Complete the “Understanding Credit Score” exercise.
Day 16
1. Read the article “How Do I Raise My Credit Score?”
2. Read the article “What is a Credit Report?”
Day 17
1. Read “What is a credit card?”
2. Read about credit card types.
3. Read about what to look for in a credit card.
Day 18
1. Watch the video about Schumer boxes.
2. Read the article “Understanding Credit Card Terms.”
Day 19
1. Watch the video “Which Credit Card is Better For You?”
2. Complete the exercise about credit cards. (Reminder: You must be logged in for your progress to be saved.)
Day 20
1. Read “Credit Cards: The Good and The Bad.”
Day 21
1. Watch the video about payment methods.
2. Read about paying with cash vs. other methods.
Day 22
1. Watch the video “Scenario: Comparing payment methods.”
2. Read about comparing payment methods.
3. Complete the exercise about different payment methods.
Day 23
1. Today take the consumer credit unit test.
Day 24
1. Watch the video about money personalities.
2. Read about money personalities.
Day 25
1. Today read about money personality strategies.
2. Do the money personality exercise.
Day 26
1. Watch the video about charitable giving.
2. Read about the what, why, and how of charitable giving.
Day 27
1. Read about how to give to a charity.
2. Complete the charitable giving exercise.
Day 28
1. Watch the video about SMART goals.
2. Read about SMART goals.
Day 29
1. Read about writing your own SMART goals.
2. Complete the SMART goal exercise.
Day 30
1. Watch the video about short, medium, and long-term goals.
2. Read about short, medium, and long-term goals.
Day 31
1. Read about how to create a financial plan.
2. Complete the exercise about short, medium, and long-term goals.
Day 32
1. Today complete the unit test.
Day 33
1. Watch the video “Sources of Loans and Credit.”
2. Read about loans and credit.
3. Complete the credit exercise.
Day 34
1. Watch the video about payday loans.
2. Read about predatory lending.
3. Complete the predatory lending exercise.
Day 35
1. Watch the video about revolving vs. installment credit.
2. Read the article that goes along with it.
3. Complete the exercise.
Day 36
1. Watch the video about APR.
2. Read what APR is and why it matters.
3. Complete the exercise.
Day 37
1. Take the quiz about loans and debt.
Day 38
1. Watch the video about debt.
2. Read about debt and its causes.
3. Complete the exercise about debt.
Day 39
1. Watch the video about high rate vs. snowball methods.
2. Read about debt and debt repayments.
3. Complete the debt repayment exercise.
Day 40
1. Watch the video about personal bankruptcy.
2. Read about bankruptcy.
3. Complete the bankruptcy exercise.
Day 41
Day 42
1. Watch the video about types of financial risks.
2. Read about risk and risk management.
Day 43
1. Watch the video about managing financial risk.
2. Read about risk management.
3. Complete the risk exercise.
Day 44
1. Watch the video about how insurance works.
2. Read the introduction to insurance.
Day 45
1. Watch the video about insurance terminology.
2. Complete the insurance basics exercise.
