Henry George School of Social Science Calendar

Financial literacy is understanding how to make choices for deploying money in goal-effective ways. This course will not cover everything but will provide a framework for developing an effective relation with money.

Instructor: Steve Taft

Vice President at Morgan Stanley and author. Steve has been an instructor at the Henry George School of Social Science since 2016.

Location: 149 East 38^th Street, New York, NY 10016
Time: 6:30 PM – 8:30 PM
Dates: Wednesdays: 6/12, 6/19, 6/26, 7/10, 7/17
Course is 5 sessions and has a $5 registration fee. Payment or proof of payment must be provided at first session.

Topics

Basic Concepts

•  Interest
  • What is interest?
  • Why does it even exist? (What does it represent?)
• Dividends
• Debt
  • The role of debt
  • Why does debt make sense? (Is debt something to fear?)
• Equity
  • What is equity?
  • What are different ways to invest in equity?
• Risk
  • Various types of risk
  • Credit quality Market Interest rate
  • Political Taxes, War, Trade Time (value of money)
• Opportunity

Taking Control of your Money

• Managing your financial life
  • Understanding what your money needs to do for you
  • Having a budget that allows for investing
• Can risk be part of your budget?
  • Prioritizing debts
• Insurance
  • Its purpose
  • Does it fit in with your life?
• Open Q&A

Investment Vehicles

• Funds
  • Types
  • Finding quality and value
• Bonds
  • Types
  • Finding quality and value
• Commodities
  • Types
  • Futures

Spending and Saving Strategies

• Credit Cards and Debit Cards
• Other payment methods
• Portfolio Diversification
  • Merits
  • Shortcomings
• Things that are helpful to understand Yourself!
  • Economic principles (Business cycles, Georgism)
  • Media’s incentives to report or not.

How do current events affect my money?

Open discussion on current events and how to interpret them