Module One

Topic: Course Introduction & Goal Setting

Tomorrow belongs to the people who prepare for it today!

Module 1 Overview

Introduction/ Lesson: Instructors of the course will introduce themselves and provide participants with an outline of what will occur today and throughout the remainder of the program. They will then provide a brief overview of different types of goals (short-term goals, medium term goals, and long-term goals). Instructors will then explain what it means for goals to be “S.M.A.R.T.” (Specific, Measurable, Achievable, Relevant, Time-Based) and how this tool will enhance their goal-setting capabilities. Instructors will wrap up this explanation by emphasizing the fact that a strong financial literacy foundation can contribute to them achieving their goals. (10-15 minutes)

Exercise: Participants will break into smaller groups of between 5 and 15 students (depending on how many student instructors/participants are present at each section) and student instructors will lead small group discussions. In these discussions, they will be asked to complete the “Show Me the Money: Reaching Your Goals” Activity Sheet from the Practical Money Skills Program website (see attached). (15-25 minutes)

Conclusion: Student instructors will guide participants through a full group discussion in which some participants present their goals. The session will conclude with a summary of what the students have learned from completing this activity. (10 minutes)

Pre-Test: Following Module 1, participants will be asked to complete a 25-question multiple choice pre-test measuring their knowledge of the topics the course will cover. A calculator will be provided to aid students in the completion of any mathematical calculations. (30 minutes)

Lesson 1

Show Me the Money: Reaching Your Goals

Are you dreaming of buying your own car, visiting a new city or learning a language— but aren’t sure how to get there? The key to achieving your financial goals is to break them down into manageable steps. Fill in the sheet below to see how you can start reaching one of your goals today.

Financial Literacy Program Pre-Test

Please complete the following information about yourself. And then please select the best answer to each of the following questions. You may use a calculator to assist in any necessary mathematical calculations.