PRE-ORDER: Calculate Your Future Modules Workbook

This workbook contains materials from all five modules of the Calculate Your Future Modules – in print! Order by May 16th to ensure your books arrive before the end of June.

This series of lessons will teach you about your financial life cycle and the basics of personal finance, while only using the most basic mathematics required to successfully navigate your financial life.

Module 1: Wealth Not Cash

This module introduces you to the fundamental concepts in finance, teaching how to understand financial wellbeing in terms of wealth, rather than simply cash. You will learn four of the basic concepts required to understand wealth: Income, Expenses, Assets, and Liabilities. You will then work through activities that explain the notion of wealth and demonstrate the importance of these concepts. Using the net income and net worth equations to model real-world phenomena related to one’s wealth, you will build an understanding of wealth and the mathematical concept of equality, paving the way for greater success.

Module 2: Interest & Percent Growth

This module introduces the concept of wealth to support a basic understanding of finding the percent of a number and builds on that understanding to develop an understanding of percent growth/decay. You will have the opportunity to explore examples and applications from consumer products, advertisements, and interest.

Module 3: Compound Interest and Your Financial Life Cycle

This module introduces the important idea that in order to meet our various financial needs throughout life, we must transfer wealth from phases of life when we have surplus income, to phases of life when we have an income deficit. In doing this module introduces the mathematics of transferring wealth: compound interest and discounting.

Module 4: Soothsaying: Expected Value & Insurance

Should you insure your fancy new phone? What about life insurance? How do casinos survive? What makes something a good bet? In this section, we will learn about risk, and grapple with probability and expected value.

Module 5: Risky Business: Investing and the Stock Market

What’s the best way to invest? Is it better to day trade or invest for the long term? Is it safer to invest in one stock or many? What’s the best that can happen? What’s the worst that can happen and how likely is it? How can you minimize your risks?

Final Project: CYF Modules Video Project

Having completed the CYF Modules, you are now the experts! You’ve recently been informed that, through working with universities in the area, the local government has identified a lack of financial education in a nearby community. As an expert(s), you will pick a financial topic and create a video that explains it to help educate your community.

180 pages