This workshop is designed to provide participants with a comprehensive understanding of personal finances and equip them with the necessary skills and knowledge to make wise financial decisions. Participants will gain a deeper understanding of financial management through interactive discussions, case studies, and activities.
The workshop will begin by defining and highlighting the importance of financial literacy in today's world. Participants will then explore common misconceptions about personal finances and learn how to create a budget based on their income and expenses. They will also be introduced to tools and techniques for tracking expenses and identifying areas where they can improve.
In addition, participants will gain insight into different types of savings accounts and the benefits they offer. The fundamentals of investing will also be covered, providing participants with a basic understanding of how to grow their wealth.
Another important aspect of personal finances is credit management. Participants will learn about credit scores, reports, and strategies for managing and avoiding common debt traps. The workshop will also focus on goal setting and creating a financial plan. Participants will learn how to set SMART (Specific, Measurable, Achievable, Relevant, and Time-bound) financial goals and develop a plan to achieve them. This includes creating an emergency fund, saving for retirement, and planning for major expenses such as education or buying a home.
By the end of this workshop, participants will have a solid understanding of personal finances and be equipped with practical tools and strategies to manage their money effectively. They will also have a personalized financial plan to guide them toward their goals.
Mark your calendars and stay tuned for more details!
Learning Objectives
By the end of this workshop, participants will be able to:
- Define and understand the importance of financial literacy.
- Explore common misconceptions about personal finances.
- Understand how to create a budget based on income and expenses.
- Learn how to track expenses and identify areas for improvement.
- Gain an understanding of the different types of savings accounts and their benefits.
- Gain insight into the fundamentals of investing.
- Grasp an understanding of credit scores and reports.
- Learn how to manage and avoid common debt traps.
- Gain an understanding of goal setting and creating a financial plan.
- Understand long-term planning for retirement, education, and other major expenses.
Lesson Plan
- Lesson 1: Course Overview
- Lesson 2: Introduction to Financial Literacy
- Lesson 3: Budgeting
- Lesson 4: Savings and Investments
- Lesson 5: Credit Management
- Lesson 6: Financial Planning
