XSDL 10011 - Financial Literacy

Course description

Learner outcomes

Upon completion of this course, students will be able to

• Assets
  • define what an asset is.
  • identify the 5 different types of assets.
  • set short-term goals related to assets.
  • set long term goals related to assets.
• Budgeting
  • know how needs and wants affect our spending.
  • define expenses and know how to track them.
  • develop a personalized budget.
  • set short-term budget goals.
  • set long-term budget goals.
  • list ways to save money.
• Banking
  • identify the different types of bank accounts with the related options and benefits.
  • use the appropriate banking service safely.
  • demonstrate how to access different banking resources.
• Credit
  • define the purpose of credit.
  • list the advantages and disadvantages of credit.
  • demonstrate an understanding on how to use credit effectively.
  • list various consumer credit tools and resources.
• Consumerism
  • define consumerism.
  • explain how consumerism affects people.
  • define advertising and explain how it works.
  • demonstrate strategies to control consumerism.