financial literacy
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Curipod generated lesson: "financial literacy". #5-7
hermon.markos
Updated 5 months ago
1. Word cloud
120 seconds
In one word, describe what financial literacy means to you?
2. Poll
60 seconds
What is the definition of financial literacy?
- The study of economic theories
- The management of a company's financial records
- The ability to manage one's personal finances
3. Poll
60 seconds
Why is financial literacy important?
- It improves physical health
- It increases social status
- It helps individuals make informed decisions about their money
4. Poll
60 seconds
What are some key skills associated with financial literacy?
- Playing the stock market
- Learning to program
- Budgeting and saving
5. Poll
60 seconds
Why is financial literacy important?
- It improves physical health
- It increases social status
- It helps individuals make informed decisions about their money
6. Poll
60 seconds
What is the definition of financial literacy?
- The study of economic theories
- The management of a company's financial records
- The ability to manage one's personal finances
7. Slide
60 seconds
Financial literacy is the ability to understand and use money and finances. Knowing how to manage money can help you make good decisions and reach financial goals. Developing financial literacy skills can help you make informed decisions about money throughout your life.
Understanding Money and Finances
8. Slide
60 seconds
Savings Account: A savings account is a type of bank account that allows individuals to store their money and earn a small amount of interest on the money they deposit. Budget: A budget is a plan for how you will use your money. It is important to plan ahead and create a budget in order to save money and avoid overspending. Credit Score: A credit score is a number that lenders use to evaluate how likely a person is to pay back a loan. It is important to maintain a good credit score in order to be eligible for loans or other forms of credit.
Concepts:
9. Poll
60 seconds
In your opinion, what is the most important element of financial literacy?
- Understanding income and expenses
- Knowing how to save and budget
- Being able to invest
- Having a good credit score
10. Slide
60 seconds
High financial literacy can help protect against identity theft, since individuals with a good knowledge of finance can spot signs of potential fraud. Financial literacy can also help individuals make more informed decisions about investments and retirement planning. In some countries, financial literacy is taught in schools as early as 8th grade, to prepare students for the financial world ahead of them.
Did you know?
11. Open question
300 seconds
What are some long-term financial goals that you think are important to achieve?
12. Open question
300 seconds
How can you create a financial plan that will help you reach your long-term goals?
13. Personalised Feedback
360 seconds
How can you budget your money effectively in order to achieve your financial goals?
14. Open question
300 seconds
What potential obstacles may prevent you from reaching your long-term financial goals?
15. Open question
300 seconds
How can you ensure that your financial plan is up to date and meets your needs over time?
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