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