Financial Literacy Topic Survey Name First Last Financial Literacy Topics - Please Select 12 Apps/ in App purchases Bank accounts, how to open, use Bank accounts, statements, reading, understanding Barriers to financial success - obstacles, mistakes Budget, college - housing, recreation, food, transportation Budget, keeping records Budget, living on your own, or with a roommate Budget, manage money 25%,25%,25%,25% Why? (Earn, Donate, Save, Save, Spend) Budget, savings for car, college, apartment Calculating tips Cars, new vs. used, warranties vs. as is, car expenses Cash vs. Invisible Money (credit & debit cards, online payments, checks) Cells phones, apps, cost Check cashing Checking Accounts - How to write a check, manage & balance acct Choices, Comparison Shopping, Decision making Communication - Talk to parents about money (ask, learn, avoid hard feelings) Community resources - credit counseling, financial planning Contracts - liability when signed Credit matters – credit card offers, credit scores Credit reports - ordering, reading Credit Score - Building credit Credit Score - Fixing Debit and Credit Cards - differences Debt, what is it, how did we get there Depreciation, Appreciation (what is it, advantages, risks) Digital Buying Earning Money (allowance, chores, first jobs, gifts) Earning Money (Employee, Independent Contractor, Under the table, Side Hustles) Earning Money (federal & state programs/benefits) Employee vs Independent Contractor Expenses of Living on Your Own Financial Institutions, brick n mortar, online Financial terminology - understanding Free trial periods - turn into monthly fees Gambling - odds of winning Goals and priorities - post-secondary education, car, home Individual Development Savings Account (IDA) parameters for set up, usage Insurance - car Insurance - health Interest, calculating, how much $/time added to loan Investments – Own a part of McDonalds, 401K Loans - Terms, Interest, Years, Minimum Payment (Inc Credit Cards) Making Good Decisions -- Wants vs. Needs Money Transfer Apps Net worth (assets-liabilities) vs. Self worth (happiness-accomplishments) not tied together Online banking, paying bills Paychecks, what does it look like, gross/net/deductions, direct deposit Paying bills, cash, by app, PayPal, Amazon Pay, VMO. Predatory lending, check cashing storefronts, payday loans Sales, how to tell if you're really saving money Start your own business, basics, business plan, help - training programs, financial assistance Subscriptions Taxes - Federal, State, City, Sales, Social Security Time value of money, compounding interest Trial periods (Free turns into monthly fee) Tuition - how to pay for school Why don't my parents have money to spend on me (how parents spend their money) Other Financial Literacy Topics Δ
