Financial Fundamentals for Students

Invest in Your Students Financial Wellness

Overview

The #1 reason students drop out of college? Money management problems! The average amount of student loan debt is over $32,000. And the average credit card debt of U.S. households is over $15,000*.

Most people learn about personal finance the hard way on the day they go to buy a car, apply for a home loan, or attempt to rent an apartment. We learn about our mistakes only after we have made them and, in the world of finances, this is very costly.

This self-paced asynchronous online financial literacy course will help students build financial health and avoid financial messes that can derail important life goals like college graduation. Financial Fundamentals for Students provides a solid foundation to help students navigate personal finance basics including:

• Spending and saving
• Understanding student loans
• Managing credit
• Investing

Bonus lessons offer simple but often overlooked Life 101 tips for handling financial milestones:

• Buying a car
• Renting an apartment
• Reducing debt
• Saving for retirement
• Giving back to the community

Benefits

This asynchronous course will guide students through all aspects of personal financial literacy. The course will explain:

• The fundamentals of personal finance (income, assets, liabilities, expenses) and how they relate to your life
• How to check and protect your credit report and credit score
• How to build credit even if you have no previous credit history
• How to create a budget that will actually work
• How to get started on a long term investment plan
• What key numbers you need to know about your student loans, as well as the key resources for finding loan servicers and negotiating payment plans
• How to get out of debt if you are already in it (and how to stay out of debt forever)
• How to buy a car
• What to look for when renting an apartment
• How to give back to your community
• How retirement accounts work and what account is right for them

Helpful tools like an Apartment Rental Checklist and a Car Buying Checklist are included with a comprehensive Student Guide to help students take immediate action.

Topics Covered

Unit 1: Personal Finance Basics

• Introduction to Personal Finance
• Goals
• Compound Interest
• Organizing Your Financial Life: Definitions
• Organizing Your Financial Life: Resources

Unit 2: Spending and Saving

• Introduction to Budgeting
• The Emergency Fund and the Income Myth
• Bank Account Basics
• Tracking Your Expenses
• The Zero-based Budget

Unit 3: Credit

• Introduction to Credit
• Credit Reports
• Credit Cards
• Improving Your Credit: Part 1
• Improving Your Credit: Part 2

Unit 4: Student Loans

• What They Are
• How They Work
• What You Are Responsible For
• What If You Cant Pay
• Tips for Paying On Time

Unit 5: Investing

• Introduction to Investing: Part 1
• Introduction to Investing: Part 2
• How the Stock Market Works: Part 1
• How the Stock Market Works: Part 2
• What to Buy

Bonus Lessons: Financial Life Events

• Buying a Car
• Renting an Apartment: Part 1
• Renting an Apartment: Part 2
• Huge Debt Problems Made Simple
• Dealing with Debt Collectors: Part 1
• Dealing with Debt Collectors: Part 2
• Retirement Accounts
• Giving Back

Group Enrollment:

Discount pricing is available for multiple seats purchased at the same time.
For 10 or more seats, please contact Magna Sales at sales@magnapubs.com or call 800-433-0499 ext. 183 to receive a customized quote.

Request a customized quote!

The course enrollment will expire one year from date of purchase.

Product code: SO19AC

*Bill and Melinda Gates Foundation survey and Nerdwallet.com