Instructors update their students’ progress towards proficiency in the Learning Targets throughout the course. Each module is designed to address specific learning targets and students have multiple opportunities through the activities and the projects to demonstrate mastery. At the closure of each module, the instructor will update the Learning Targets page accordingly.
Building Wealth Through Personal Finance
I understand what wealth is.
I can explain what personal finance is and how it can help me build wealth.
I understand the various financial factors that contribute to my future.
I understand why personal financial goals are important.
I understand what the ostrich effect is and how it relates to personal financial goals.
How to Grow My Income
I understand the difference between income and expenses.
I understand that in order to grow my wealth, I have to manage my income streams.
I understand that income can come from multiple sources: a single day job, investing, and entrepreneurship.
I understand the difference between passive and active income.
I understand how to monetize my skills and hobbies.
How to Manage My Spending
I can explain what a budget is and how it impacts my financial status.
I can delineate necessities vs. desires in purchasing decisions.
I can create a reasonable budget for my needs and wants.
I can identify potential sources of expenses in my future.
I understand what social proof is and how it relates to spending.
I understand how the 50/20/30 budget can be used to budget my finances.
How to Build Credit: Making Your Small Purchases Count
I understand what it means to have debt.
I can identify the various ways I might accumulate debt .
I understand the details of the credit system and why it’s important to build a good credit score.
I can identify different methods of payment for large purchases.
How to Make Smart Purchase Decisions
I can make informed purchasing decisions.
I can research products to guarantee I am getting the best quality for the lowest price.
I understand my borrowing options for large purchases.
I understand what the hyperbolic discounting is and how it relates to consumer skills.
How To Find Your Perfect Bank
I understand how to securely store money.
I understand the difference between a checking and a savings account.
I understand why compound interest is a valuable aspect of saving.
How to Plan for and Invest in Your Future
I understand why it is important to set aside money for the future/emergencies.
I can determine a reasonable retirement plan based off personal financial goals.
I can identify different forms of retirement investments.
I can identify different approaches to retirement, such as the FIRE movement.