Certificate Program in Sustainable Entrepreneurship – Course 2: Financial Literacy
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 38th 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
