Description
The Pre-Recorded Online Course – allows your learners to watch the pre-recorded videos and do them at a time that is FUN for them! You can also spend extra time on the topics your child is most interested in. Since this is a flex class with no live meetings, students can log in at a convenient time to complete the week’s lesson. We will be going through each week as a group and I will post the lesson weekly (depending on which day you started).
The videos will contain the information required to give students a good understanding of each topic and each one will include homework for the students to undertake during the week, as part of a project.
Homework assignments will include compiling a budget, brainstorming ways to make money from things you enjoy, making a list of the things they want versus the things they need, and the process and terminology of opening a bank account. There will also be research assignments into compound interest, investment opportunities, and risk appetite. This will mean lots of interaction between me the teacher and learners after each class to get the homework assignments completed correctly.
After watching each video and completing the homework assignments, students will be provided with feedback and the specific next steps on how to create a process to manage their finances successfully.
Timeframe for the Week:
Mondays – The teacher will post the information needed for the week. Students can submit questions.
Tuesdays-Wednesday – The teacher can answer any questions pertaining to the topic of the week. The students will need to complete any homework assignments and answer any questions in the discussion.
Thursday – Students need to have all tasks completed and uploaded in the classroom for teacher feedback and discussion. Students will discuss it among themselves.
Friday – The teacher will provide feedback to the class and individual students.
Saturday – Sunday – The teacher will be available to answer any questions that the students may have for the week or the next week.
▬▬▬▬▬▬ Class 1 ▬▬▬▬▬▬
What money is and how currency works
The history of money
Tax
Public Sector Vs Private Sector
Bankruptcy
The difference between needing and wanting
Picking the right career
Can money buy happiness or love?
▬▬▬▬▬▬ Class 2 ▬▬▬▬▬▬
This will include:
How banks and financial institutions work
Credit and debit cards, credit ratings, mortgages, and rent, bank loans
▬▬▬▬▬▬ Class 3 ▬▬▬▬▬▬:
Creating a list of income and outgoings
How to manage a budget
What profit and loss is
The best way of saving money
▬▬▬▬▬▬ Class 4 ▬▬▬▬▬▬
What investment is and how they work.
Different examples of what investments can be.
What changes the value of an investment and how to spot trends.
Small investments that are essential: e.g. housing, savings, pensions.
No required experience or knowledge is needed by the learners.
Once a learner has been verified per OS policy, this is a camera optional class.
▬▬▬▬▬▬ Minimum Student Levels ▬▬▬▬▬▬
Please be aware I try to teach all of my classes to at least 2 students as I feel it provides a better teaching and learning experience. If the minimum amount of students is not reached 24 hours before the start of the course, students will be transferred to the next available section at a similar time.
▬▬▬▬▬▬ Explosive Learning Teachers ▬▬▬▬▬▬
This class is currently being taught by Jo Reynolds.
▬▬▬▬▬▬ Schedule Requests & LIVE classes ▬▬▬▬▬▬
This is the flexible version of my course, I also teach all of my classes LIVE. If you do not see a time or date listed for a class that interests you, please message me with a few possible dates and times, and I will do my best to offer a session that will work for your schedule. Here is a link to my live schedule for this class –
https://outschool.com/classes/how-money-works-understanding-money-credit-cards-finance-life-skills-camp-726QQRsR?usid=5GcmKQIx&signup=true&utm_campaign=share_activity_link
▬▬▬▬▬▬ Concessions ▬▬▬▬▬▬
For parents/families who feel their child would benefit from this course, but their budget does not allow for it, I do offer a number of discounts for families of lower income. Please message me with the course, dates and times you are interested in to learn more about the discounts I might be able to offer.
▬▬▬▬▬▬ Discount Coupons for related courses ▬▬▬▬▬▬
For those who wish to continue their journey, I have just created a new finance/money weekly class for those students that took and enjoyed my “How Money Works Class” and wanted to continue the adventure of mastering money, finance, investments, etc with the support of myself and classmates. Every week we will focus on a specific money topic to help them grow financially.
Get the first week for free to see if they like it with this $43 off my class “How Money Works Weekly- Understanding Money – Credit Cards – Finance Life Skills” with coupon code REYNOMONEYWEEK43 until Feb 24, 2023. Get started at
https://outschool.com/classes/how-money-works-weekly-understanding-money-credit-cards-finance-life-skills-YEjz3HcW
and enter the coupon code at checkout.
I have also started a new Money Finance Investing Group Community for All Things Banks Debit Credit Cards which is a new thing on Outschool. This is a place for students to learn, share and connect with like-minded students. If you’re interested in trying the first month for free to see if you like it, please use this link:
Get $25 off my class “Money Finance Investing Group Community for All Things Banks Debit Credit Cards ” with coupon code REYNOMONEYGROUP25 until Feb 24, 2023. Get started at https://outschool.com/classes/money-finance-investing-group-community-for-all-things-banks-debit-credit-cards-KRtxPCc4
and enter the coupon code at checkout.
EL –
Aug 30, 2021
Great. I was so cautious about enrolling classes online because of English. But, my kid really enjoyed this class. Teacher’s voice is energetic and inspiring. I’m about to search other classes by the same teacher. Now my son is into not only credit cards but also economy!
Explosive Learning Jo Reynolds Life Skill Teachers on Sep 7, 2021
This is fantastic news, I am so glad that your son had a good time, and it sounds like he was inspired. A have a few other classes that he may be interested in. Keep an eye out for my advanced money class, cryptocurrencies, how to invest and business 101.