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Why this style of training?
- Know More, Get More
- Get Organized for Professional Advice
- Dream Big and Have Fun!
Financial literacy is one of the most crucial skills for navigating life, yet it’s often overlooked or misunderstood. Everyone, regardless of age, income, or background, deserves access to financial knowledge and the tools to maximize their resources. To bridge this gap, we’ve developed a distinctive approach that prioritizes education, empowerment, and action—through “Scenario-Driven Financial Literacy.” This approach considers the dynamic nature of life and its many variables, offering a comprehensive and personalized way to learn financial literacy and to better manage personal finances.
Our philosophy is centered around the idea of "Scenario Driven Financial Literacy” which takes into account the dynamic nature of life and the many factors that can impact one's financial situation. By focusing on holistic analysis of specific personalized scenarios, we believe we can provide a more comprehensive and accessible approach to financial literacy.
Throughout this course, we will guide you through the process of creating your own financial scenarios using a software tool designed to embody our philosophy. You will learn how to create and compare various scenarios, such as changing jobs, buying or selling a house, or adding to your family. By the end of this journey, you will have a deeper understanding of your financial situation and the tools to make informed decisions.
Here is a basic overview of our vision for this course.
1. Know More, Get More
Financial literacy is the foundation upon which you can build a stable and prosperous future. By understanding the basics of budgeting, saving, investing, and debt management, you empower yourself to make informed decisions about your money. This knowledge is not only valuable in the short term, helping you to stretch your income further and avoid financial pitfalls, but it also has long-term implications. The “American Economic Review” says that a .2 standard deviation improvement on a financial literacy score would result in a predicted additional $13,800 in new wealth, making it clear that education would go a long way to making people’s financial lives more successful. The bottom line is that the more you understand about your personal finances, the better equipped you are to plan for major life events, such as buying a home, starting a family, or retiring comfortably.
2. Get Organized for Professional Advice
As your financial knowledge grows, so does your capacity to pursue more ambitious goals. But some financial decisions require professional insight—whether it’s navigating complex topics like investments, insurance, or real estate transactions. Informed discussions with advisors can help you achieve your financial vision more efficiently:
-Research from the Certified Financial Planner Board of Standards shows that individuals who consult financial advisors are 60% more likely to achieve their long-term financial goals.
-Organizing your financial documents and understanding key concepts not only prepares you for professional advice but also ensures that advisors help execute your vision—not dictate it.
This course will help you get organized, making interactions with advisors more productive and empowering.
3. Dream Big and Have FUN!
Personal finance isn’t just about crunching numbers—it’s about dreaming bigger, feeling empowered, and having fun while doing it! As you gain control over your finances, you may realize your dreams are more attainable than you thought:
Whether it's saving for a world trip, funding a passion project, or planning for an early retirement, financial literacy helps you see what's possible.
Studies from Pew Research Center indicate that young people with strong financial literacy are 25% more likely to pursue entrepreneurial ventures and feel more confident in their financial decisions.
Financial literacy is about designing a fulfilling life that aligns with your values, dreams, and passions. It’s not about deprivation or sacrifice—it's about creating opportunities. Celebrate every milestone, dream bigger with each goal achieved, and enjoy the journey of taking control of your financial future.
Sources
Lusardi, A., & Mitchell, O. S. (2014). The Economic Importance of Financial Literacy: Theory and Evidence. National Bureau of Economic Research Working Paper No. 18952. Retrieved from NBER.
Lusardi, A., & Mitchell, O. S. (2007). Baby Boomer Retirement Security: The Roles of Planning, Financial Literacy, and Housing Wealth. American Economic Review, 97(2), 310-314. Retrieved from AER.
Certified Financial Planner Board of Standards. (2013). Benefits of Financial Planning and Working with a CFP Professional. Retrieved from CFP Board.
Pew Research Center. (2020). Millennials and Entrepreneurship: Barriers and Opportunities for Growth. Retrieved from Pew Research.
