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Money IN/Money OUTSUPPLEMENTAL TRAINING MATERIALS |
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| OVERVIEW of each segment of the six Money IN/Money OUT sessions | |||||
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| Session 1 | Session 2 | Session 3 | |||
| Goal & Learner Objectives |
Goal & Learner Objectives |
Goal & Learner Objectives |
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| Materials Needed |
Materials Needed |
Materials Needed |
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| 1. Getting Started: Fortune Cookies |
1. Getting Started: Use Your Noodle or Lose Your Money |
1. Getting Started: Show Me the Money |
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| 2.Play the Sorting Economic Values Game |
2.Explain APR, compare Purchase Options & study contracts |
2.Discuss debt load and use of money for interest vs. savings |
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| 3.Divide in groups for Wants or Needs |
3.Explain credit reports Your Credit Inventory |
3.Secrets of Saving What $10 Can Do |
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| 4.Discussion of wants vs. needs |
4.Explain debt load | 4.How much can you save? | |||
| 5.Summarize discussion | 5.Explain Is Your Credit Condition Critical? |
5.How much is enough? | |||
| 6.Setting a goal | 6.Summarize session | 6.Summarize session | |||
| 7.Challenge-keep track of spending | 7.Review last week's tracking | 7.Challenge-consider Confidential Memo & Continue record of spending | |||
| 8.Preview - credit | 8.Challenges-Inventory, accounts, report | 8.Preview-getting organized, additional information | |||
| 9.Preview-saving | |||||
| Session 4 | Session 5 | Session 6 |
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| Goal & Learner Objectives |
Goal & Learner Objectives |
Goal & Learner Objectives |
| Materials Needed |
Materials Needed |
Materials Needed |
| 1. Getting Started: Exercise w/ Watches |
1. Getting Started: Arrange Cards |
1. Getting Started: Fold Arms |
| 2.A reality check How much are you worth? |
2.Get organized System to use: Person,Place & Schedule |
2.Review |
| 3.Explanation of assets & PersonalProperty Inventory |
3.The next step: list income, study Spending Record & Credit Record |
3.Distribute envelopes |
| 4.Explanation of liabilities | 4.Challenge-complete one month's records & make Spending Plan |
4.Your Credit Report |
| 5.Calculation of net worth | 5.Summary-Top 10 Reasons Not to Plan, To Plan |
Additional Help - Who Can Help? |
| 6.Summarize session | 6.Preview Credit reports & sources of info |
6.Sharing Ideas |
| 7.Challenge-prepare net worth statement Continue record of spending |
7.Summary & Conclusion | |
| 8.Preview spending plan | 8.Evaluate | |
North Carolina State University
College of Agriculture and Life Sciences
North Carolina Cooperative Extension Service
Family & Consumer
Sciences Department