Financially Fit Program

A Two-Day Intense Coursework to Improve Financial Literacy

 A Dream Academy Course

About this Course

This course is a mandatory pre-requisite to qualify for the You Are a Business internship. Students will follow an intense two day Financial Literacy plan to be used during their entrepreneurial internship. Qualifying students will be notified before the close of business on MONDAY MAY 2nd, 2022.

Objectives:

 

  1. Guide students with information and strategies to tackle their debt to work toward improving their credit score.

  2. Laying a financial foundation that uniquely fits a student’s financial position.

  3. Assist students in understanding the employee benefits available on the job.

  4. Address the basic principles of investing.

 

Methodology:

 

  1. Have students pull their credit reports, write letters of inquiries, and communicate with outstanding debtors.

  2. Complete a budget.  Evaluate present financial positions and answer the question, “If money were not an issue, what would you do with your life?”

  3. Teach students to use company benefits to achieve financial goals.

  4. Introduce the tax benefits associated with a home based business.

SKILLS DEVELOPED

Financial Planning

Goal Planning

Mindset

 

Upcoming Course Dates

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Bootcamp#1

Thursday, April 4th

&

Thursday, April 11th

6:00pm - 7:30pm

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Bootcamp#2

Thursday, April 21st

&

Thursday, April 28th

6:00pm - 7:30pm

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Bootcamp#3

 

Saturday, April 30th

11:00am - 2:00pm

 

Instructors

Dr. Nicole B. Simpson, CFP

Dr. Nicole B. Simpson, CFP

Finance & Mindset

 

Curriculum

1

Ditch the Debt and Collect The Coins

Setting Goals and Outlining the Vision for the financial bootcamp
a. Address the importance of setting goals
b. Evaluate life at present moment-where are you and where are you looking to go?
c. How do I get started cleaning my debt and begin to save?

2

Laying the Financial Foundation Fit For You

a. Discuss financial relationship to goals-will work with students to determine economic objectives relative to time commitment.
b. Establish a budget. What resources do you have available to fund the plan.
c. The benefits of having a house, a baby and/or a business. We will address how the tax code impacts your overall financial picture.
d. Insurance liabilities. What are the basic protection insurance policies that are necessary?

3

Leveraging Your Workplace Benefits with Your Overall Plan

a. Retrieve a copy of the company benefits. What is the company offering?
b. Teach students how to leverage the benefits available on the job, verses what benefits may need to be handled independently
c. Review retirement benefits. Do you have a profit sharing account? Where is your money from previous employers? How to research if money was left at previous employers and how to consolidate the assets.

4

The Basic Principles of Investing

a. Teach what is a stock, bond and mutual fund
b. Address the various levels of risk and how they impact one’s financial picture.
c. The students will learn how to identify their individual risk tolerance and overall investment objectives.
d. Taking away the stigma and uncertainty of the stock market.