STANDARD COMPETENCIES:

 

 I.      Explain how the economy works and what it means to you.

 II.     Describe the role of work and income.

 III.    Create a workable plan using goal setting and budgeting.

 IV.     Demonstrate a knowledge of the habits of a smart shopper.

 V.      Explain frauds and swindles and how to avoid them.

 VI.     Demonstrate a knowledge of the costs of transportation.

 VII.    Discuss how to combine spendable dollars and spendable leisure time in the most rewarding way.

 VIII.   Demonstrate a basic knowledge of buying, financing, renting and selling a home.

 IX.     Demonstrate a basic knowledge of financial institutions.

 X       Explain the wise and unwise uses of credit and borrowing.

 XI.     Demonstrate a basic knowledge of how to make money grow through investments.

 XII.    Explain how life, health and income insurance protect from risk.

 XIII.   Describe the various methods used in financial planning for later years.

 XIV.    Demonstrate a basic knowledge of estate planning.

 XV.     Explain the importance of knowing about income taxes

 XVI.    Describe the advantages and disadvantages of working for yourself.

 TOPICAL OUTLINE:

 

 I.      The Economy:  How it works and what it means to you

 II.     Working, budgeting and planning

 III.    Sensible shopping and spending

 IV.     Frauds and swindles and how to avoid them

 V.      Transportation:  Buying, financing and insuring your cars

 VI.     Buying a home

 VII.    Financing a home

 VIII.   Housing costs and regulations

 IX.     Renting

 X       Selling your home

 XI.     Financial institutions

 XII.    Credit and borrowing

 XIII.   Making your money grow: an overview

 XIV.    The money market

 XV.     The stock market

 XVI.    Real estate and other opportunities

 XVII.   Life health and income insurance

 XVIII.  Financial planning for the later years

 XIX.    Estate planning

 XX      Income taxes

 XXI.    Working for yourself