By Author, Gary Rabbior
Financial Literacy is A Skill
Today’s world is full of opportunities. There are opportunities to do new things, generate new ideas, accomplish new tasks, and set new goals. Although change creates stress for many, for those prepared to take control of their lives, the future can hold much promise.
Financial Education
The process of systemic instruction to increase financial literacy and capability
Financial Literacy
Level of knowledge about financial concepts and principles
Financial Capability
Application of financial literacy in financial decision making
Walk through any major city today, and you’ll notice a familiar scene: teenagers looking for the best online deal for their favourite sneakers, streaming music on their phone, or transferring money to friends for yesterday’s lunch. But amidst this digital fluency, one important question remains: do these young people truly understand how to manage their personal finances?
Publication Structure
The Money Guide is positioned as supplementary reading within Life Orientation for grade 10,11 &12, it is also suitable for TVET colleges.
Working through the guide learners are encouraged to self-pace with interactive prompts that indicate which real-life action could be influenced by the lesson they are in. Summary insights are provided at the end of each module, and some quick quizzes are applied for self-reflection.
Content
PART 1
Goals, Values and Decision-making
Module 1: Your Money Decisions: Who is in Control
Module 2: Your Goals and Your Values
Module 3: Your Goals: Some Things To Consider
Module 4: Decision-making
Module 2: Your Goals and Your Values
Module 3: Your Goals: Some Things To Consider
Module 4: Decision-making
PART 2
Getting and Earning Money
Module 5: Sources Of Income
Module 6: Career Under Construction: Investing In You
Module 7: Are You an Entrepreneur?
Module 6: Career Under Construction: Investing In You
Module 7: Are You an Entrepreneur?
PART 3
Spending Money and Taking Control
Module 8: Money Basics
Module 9: Taking Control Of Your Money
Module 10: Spending On Major Purchases
Module 9: Taking Control Of Your Money
Module 10: Spending On Major Purchases
PART 4
Borrowing Money And Using Credit
Module 11: Borrowing Money
Module 12: Getting And Managing Credit
Module 12: Getting And Managing Credit
PART 5
Saving and Investing Money
Module 13: Putting Your Money To Work
– Saving And Investing
– Saving And Investing
PART 6
Protecting Assets And Planning For The Future
Module 14: Protecting Assets –
And Planning For Financial Independence
And Planning For Financial Independence