Welcome to Personal Finance
My name Rajvi and I am a finance teacher for Explorer Hop. Throughout the next week, I will be guiding your child on how to start their personal finance journey in a balanced and healthy way. The purpose of this course is to teach children to manage their money through budgeting, savings techniques, paying taxes and several other concepts.
After each class, I will post what the children did in the class, what the next class is about and homework for the children to complete before next class.
Meeting Link for Program:
You can join the meeting Link everyday at 11 am EST from July 5-9.
Meeting Link: https://meet.google.com/ojc-fuvc-nvb
Please ensure you have signed up for a zoom account
Today we discussed the importance of having balance in your life, how to set realistic money goals and the key strategies to save money. Additionally, we walked through the set up of the balance game and discussed how to choose a credit card, car and car loan.
Next Class: We will discuss budgeting and banking.
Today we reviewed the saving strategies, learned how to calculate interest, discussed how banking works and introduced the concepts of budgeting.
Next Class: We will breakdown all the steps of budgeting and discuss how to create a detailed budget.
Today we discussed how banks make money and went through the process of making a budget.
Next Class: We will learn about loans.