FTAMG FINANCIAL PENTAGON PROGRAM SYSTEM (FFPPS)

Financial Literacy Program Overview

(5-,8-, 10-, and 12-Week Sessions.  Quarter, Semester or Cohort Implementation)

Program Title: Financial Foundations for Future Success

Target Audience: Elementary, Junior High, and High School Students

 

Program Objectives:

1. Equip students with essential financial knowledge and skills to make informed decisions.

2. Foster an understanding of key financial concepts and their practical applications.

3. Empower students to manage their finances responsibly and plan for their future.

4. Cultivate an entrepreneurial mindset and encourage innovative thinking.

5. Provide resources and support for students to navigate financial challenges and opportunities.

 

 

Program Structure:

1. Entrepreneurship Examination and Tax Minimization:

   - Introduction to Entrepreneurship:

     - Definition of entrepreneurship and its importance.

     - Exploration of entrepreneurial traits and characteristics.

   - Basics of Business Ownership:

     - Types of business structures (sole proprietorship, partnership, corporation).

     - Legal and financial considerations for starting a business.

   - Understanding Tax Minimization Strategies:

     - Explanation of basic tax concepts (taxes, deductions, credits).

     - Identifying deductible business expenses and tax planning strategies.

   - Case Studies and Simulations:

     - Analyzing real-world business scenarios and applying tax minimization strategies.

 

2. Insurance Protection:

   - Introduction to Insurance:

     - Definition of insurance and its role in risk management.

     - Overview of different types of insurance coverage (life, disability, home/renters, auto).

   - Basics of Insurance Coverage:

     - Explanation of insurance policies, premiums, and deductibles.

     - Understanding the claims process and factors influencing insurance premiums.

   - Risk Management and Safety:

     - Identifying potential risks in everyday life and discussing safety measures.

   - Case Studies and Scenarios:

     - Analyzing real-life insurance situations and making informed decisions about coverage.

 

3. Debt Elimination and Credit Restoration and Repair:

   - Understanding Debt:

     - Definition of debt and its impact on personal finances.

     - Different types of debt (credit cards, student loans, mortgages).

   - Credit Management:

     - Importance of credit scores and reports.

     - Strategies for improving credit scores and resolving credit issues.

   - Debt Repayment Strategies:

     - Budgeting techniques and debt repayment plans.

   - Case Studies and Practical Exercises:

     - Developing personalized debt repayment plans and practicing responsible credit management.

 

 

 

4. Investment Education of the Market:

   - Introduction to Investing:

     - Definition of investing and its role in wealth building.

     - Overview of different investment vehicles (stocks, bonds, mutual funds).

   - Investment Strategies:

     - Exploration of investment strategies (long-term vs. short-term, diversification).

     - Introduction to investment accounts and retirement savings options.

   - Market Analysis and Research:

     - Fundamental vs. technical analysis and conducting investment research.

   - Practical Application:

     - Simulated investment portfolios and tracking investment performance.

 

5. Real Estate Appreciation:

   - Introduction to Real Estate:

     - Definition of real estate and its significance as an investment asset.

     - Overview of the real estate market and factors influencing property values.

   - Buying, Investing, and Selling Real Estate:

     - Steps involved in buying, investing, and selling real estate.

     - Exploring real estate investment strategies and financing options.

   - Real Estate Market Analysis:

     - Evaluating real estate market trends and property listings.

   - Case Studies and Role-playing:

     - Analyzing real estate transactions and making informed investment decisions.

 

Program Delivery:

- Weekly interactive sessions with engaging live/zoom presentations, discussions, and hands-on activities.

- Guest speakers from relevant industries to provide insights and real-world experiences.

- Online resources and tools for further learning and practice.

- Regular assessments to track students' progress and understanding.

- Support and guidance from educators and mentors throughout the program.

 

Conclusion:

FTAMG FINANCIAL PENTAGON PROGRAM SYSTEM (FFPPS) aims to empower students with the knowledge and skills they need to navigate the complex world of finance confidently. By providing a comprehensive curriculum covering entrepreneurship, insurance, debt management, investing, and real estate, we aim to prepare students for financial independence and success in their future endeavors.