Session 4

2019-07-10 6:30 pm - 8:30 pm
Henry George School of Social Science
Phone:(212) 889-8020
Address: 149 East 38th Street, New York, NY 10016

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.


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