One of the most important things we can do in our lives to be better, more complete citizens of the world, is to become financially literate. Young people should not start their lives up to their eyeballs in debt. This workshop will arm participating students with the knowledge and tools to avoid common debt pitfalls and proactively lead a financially-sound life.
In this workshop, students will learn how to:
- define and calculate compound interest
- explain the differences between stocks, bonds, and mutual funds
- compare retirement accounts like IRAs and 401(k)s
- discuss opportunity costs like an economist
- describe the opportunity costs of going to college
- understand what mortgages are and how you get them
- analyze the benefits of buying or renting a home
- work out the money needed to retire in comfort
- tell someone else why investing is such a good idea
Webinars, readings, and activities will focus on the basics of the financial tools available to the modern world citizen and build an enthusiasm in the student to plan their financial future before they even get into the real world.
This is 6-session high school workshop. Webinars are 50 minutes long. Recordings are available for students who must miss a session.