Ready For Life Academy students learn how to manage their own finances through four different classes focusing on the different aspects of money managements. Students will learn how to create a personal budget, maintain a personal budget using online banking and apps, read their paycheck, pay bills and save for the future.
FIN 101 Consumer Spending (2 cred):
Students will learn the value of price comparing through hands on learning activities. Students will learn different ways to shop for goods and services as well as the value of decision-making shopping versus impulse buying. Finally, students will learn about consumer rights.
- Students will self-assess three different shopping trips throughout the semester and identify ways they used price
- Students will utilize an assigned simulation shopping list and price compare between two stores or two products to determine the best shopping
- Students will identify five goods and services they purchases every month and using research based strategies identify the best value for their purchase.
FIN 102 Budget Building (2 cred):
Students will create a budget plan and spend the semester putting their budget into action. Using real-life financial problems students will build and maintain a healthy credit, qualify for a mortgage, utilize insurance and work toward a savings goal.
- Students will create and evaluate their own weekly expenses in comparison to their
FIN 103 Managing Money (2 cred):
Students will learn how to control their spending by limiting impulse buying and sticking to a budget. Students will understand banking, how to set up a bank account, use online banking, pay bills online and how to read and understand their own paycheck. Students will learn about using debit and credit cards. Finally, students will learn how to adjust and improve their budget as their financial situation changes based on real life scenarios.
FIN 104 Financial Literacy (2 cred):
Students will use an interactive curriculum to learn about income, expenses, assets, liabilities, and risk management. Students will utilize a real-life simulation to apply their learning to their own financial life expectancies in the areas of employment, housing, transportation, education, entertainment and saving for their future. Students will also learn how to utilize technology to assist them in their management of their daily financial needs.