Financial Literacy (1:35)
“Building wealth is all about how to create and maintain the ability to grow your financial resources. It will give you a sense of independence, and it will give you the ability to make your own purchasing decisions, which is invaluable.”
Financial literacy is the foundation of how you will be able to provide for yourself now and in the future.
It gives you freedom to do the things that you want to do in life.
Get a checking account and be accountable for the money that you spend.
You need to understand what you want versus what you need.
It’s really never too early to become a disciplined worker, and you need to look at the earnings from that job to really think about how you can use those earnings to build your financial future.
So any birthday money you get, or if you have graduation money or babysitting money or money from your summer job, put some of it away, and it will pay off later.
So I want you to live on a budget, be frugal, and then I want you to take that money that you’ve saved and build wealth.
Building wealth is all about how to create and maintain the ability to grow your financial resources.
It will give you a sense of independence, and it will give you the ability to make your own purchasing decisions, which is invaluable.
One of the things you can do as a young girl is you can start to invest. You can invest in Disney. You can invest in Apple. You can invest in Abercrombie & Fitch. There’s a book that just came out called Warren Buffett, who is one of the richest men in the world– called Warren Buffett Invests Like a Girl. Well, you’re that girl. So why don’t you go out and invest? Because maybe in 30 years, people will be saying, “So-and-so invests like you.”
Independent Learning Guide: This all-purpose guide can be used by educators, parents, and mentors to jumpstart a lively discussion about making, saving and spending money.
Financial Literacy is a key to controlling your destiny and living the life of your dreams. Challenge yourself to learn just one of these Financial Literacy Terms To Know each day.
This video is all about money: how to make it, spend it, and save it.
Classroom Lesson Plan: This step-by-step lesson plan is available to guide a more in-depth “before, during, and after” learning experience when viewing the video with students. This lesson plan is also suitable for use in after-school programs and other educational settings.
Use Empowerment Activities as a fun way to reinforce the video topic and build community with your students.
Fun Page Activity: Do you need or want books for school? How about a smart phone? You’ll have fun with this activity deciding which things you need, and which you want. It’s not always easy to decide, and the good news is, there are no wrong answers!