FiCycle Workbooks
FiCycle’s math workbooks cover five different units, beginning with the fundamental concepts for understanding finance through more advanced concepts, such as investments and managing financial risk. There are three separate workbooks that can be purchased as a set or individually. To learn more, visit the FiCycle Shop.
Workbook 1 (Unit 1)
Keeping Score introduces the fundamental concepts for understanding finance. Students learn to think about wealth by taking into account assets and debts. After completing this unit, students will be able to distinguish between income, expense, asset, liability; fill in and read T-accounts; create and read balance sheets; analyze a person’s situation and provide the best financial decision for them; research online to find budgeting constraints; and much more.
Workbook 2 (Units 2 and 3)
Unit 2: Earning Interest covers the role of interest in loans and investment. Content includes math related to exponents, the financial instruments that are used to transfer consumption and how they can help people achieve their financial goals, and more. Unit 3: Regular Payments shows students how to calculate arithmetic and geometric series and apply this math to payment series. It also covers the financial problems that require regular payments, from retirement to home-owning, and the financial instruments that are used.
Workbook 3 (Units 4 and 5)
Unit 4: Expected Value and Insurance shows how to model and manage financial risk. It covers the financial tools that are needed, in particular the central types of insurance, and teaches the mathematics required to evaluate risk. Unit 5: Stocks and Risk introduces the stock market and the key concepts required to invest in it. It shows the probability and statistics required to calculate risk associated with stocks, as well as how different financial tools help manage the risk through diversification.
How to get the workbooks:
Schools can purchase print copies of all workbooks through the FiCycle Shop. You can also order digital copies of workbooks to be sent via Dropbox. Contact us to learn more.
