Financial Foundations Class

The Financial Foundations Class was designed using a participatory adult learning methodology. Each session of the three 90-minute sessions include handouts and activities to facilitate interaction and "hands on" learning, in addition to instructor-led education.

Session One

Money and our Emotions:

Our emotions and money: how our emotions play a role in financial decisions; our definition of wealth; the “Money Story”: how our foundational beliefs about money play a role in our current lives; examining our emotional spending triggers; identifying short term/long term financial goals.


Using budgets as a tool to increase savings, meet short and long term goals; how budgets can increase your credit score; comparing budgets and diets; budgets as a motivator. Explore several types of budgets; discuss budgeting apps; discuss strategies to increase the “bottom line”.

Session Two

The Financial Decision Making Process

Each participant will be given a “Money Personality Test” and the results will be used in conjunction with how they make decisions with their finances in three major areas: Saving, Budgeting and Spending. This information is combined with a discussion and handout regarding the timing of financial decisions.

Credit and Debt:

In-depth discussion of how credit is obtained; credit scores: factors in credit score calculations; sources of loans: types of lenders; principal and interest payments; types of loans: secured, unsecured, installment. Student loans: types and re-payment; credit agreements; debt repayment strategies.

Session Three

The Basics of Insurance and Investments:

Discussion of what it means to “invest”; basic types of investments: stocks, bonds, mutual funds. Review market returns and indices; Review types of Life Insurance; Discuss Disability Insurance-weighing the cost vs. the need.

Retirement Accounts:

Looking ahead to create wealth in retirement years; Discuss Individual Retirement Accounts (IRAs); Comparison of ROTH IRAs and traditional IRAs; Review types of Employer Sponsored Retirement Accounts; Review Social Security.