Obtaining this very specific financial education can prevent a lifetime cycle of co-dependency and potential for homelessness and addiction.
THE COST / TIMES / LOCATION FOR JUNE 2025 - LAKE HAVASU CITY, ARIZONA
- A $200 tax deductible donation per student is necessary to cover the hard costs of the assessments and materials for the financial literacy LIVE in-class portion. The in-class portion will be two 1.5 hour sessions per week for 4 weeks starting in June 2025 in Lake Havasu, during bank hours, likely Tuesday and Wednesdays.
- A separate $300 tax deductible donation per student is necessary to cover the equestrian portion of this financial literacy course for the application and attainment of volunteer work hours. The work program portion will be two 1.5 hour sessions per week for 4 weeks starting in June 2025 in Lake Havasu, during bank hours and assuming Katie's House Foundation has received enough financial donations to set up the equestrian site by April 10th 2025.
If you can make a donation to support a scholarship for a teenager, please click HERE
The sign up sheets will be posted to our website homepage in the first week of April 2025. Contact Us to volunteer to help with this program or sign up your teenager!
READ BELOW TO SEE THE FULL CURRICULUM
Day 1. What is Financial Literacy?
- Who needs 501c3 volunteer hours for court order or letter of recommendation for work or college? These will served at another location. You will apply the below financial literacy, work, and ride. The financial literacy class is taught in tandem with the horses. It is unlikely they will be separated.
- Entry Survey: Log your knowledge and confidence in specified areas
- Introduction, website, donors, cost of the class
- Rules, grading, the format of class, cookies and cupcakes game
- Audiobooks: Rich Dad Poor Dad 20th An. and The Laws of Human Nature
- Textbook and FIRE Calculator
- Life goals and financial goals
- Learning tips and styles - learning through a firehose, being prepared
- Languages assessment (HW)
- StrengthsFinder assessment (HW)
- Fear of money and the lifelong learner mindset
- Saving money is essential, whoever saves the most during this class gets $50
Day 2. Credit Scores and Why They Matter
- What is a credit score?
- The importance of social security numbers and tax IDs
- The impact of credit score on interest rates for loans
- Where to get a free credit report
- The rules of maintaining a good credit score
- Review of student credit reports
- How to dispute items on credit
- How to put freeze on your credit
- How to contact creditors
- Deal or No Deal Money Game $
Day 3. Building a Budget and Staying Organized
- Rich Dad Poor Dad 20th An. and The Laws of Human Nature. If you can tell me the premise of Chapter 3 - You've earned the opportunity to play Deal or No Deal a second time at the end of class today!
- Typical budget
- Build your own budget + a food budget (HW)
- Using envelopes and good credit vs bad credit
- Allocating time each week to review mail (class action postcards) and finances
- Items that add up (subscriptions and food)
- Profit first
- The importance of focus, identifying a goal and timeframe
- Budget, micro budget (food) and items that add up (HW) open discussion
- Staying organized with paperwork
- Using your phone for purpose
- Business email and voicemail etiquette
- Password security (website) and keeping a safe log
- Locking devices
- Social media and reputational risk
- NPI
- Deal or No Deal Money Game $
Day 4. Bank accounts, Checkbooks and Introduction to Loans
- Bank accounts
- Checks and checkbooks
- Writing a check
- Bank statements
- Reviewing assets statements for fraudulent activity
- What is a tradeline?
- Why do credit tradelines matter when it comes to getting your own apt/home?
- What is the process of obtaining and maintaining these trade-lines?
- Student loans and calculating interest
- Auto loans - where and how to prepared and get your first car
- Why is having a reliable car with insurance important to propel your independence?
- Gap insurance
- Credit cards (HW for those age 18 and over) - Must set up a credit card
- Deal or No Deal Money Game $
Day 5. Introduction Into Insurance and Resumes
- Auto insurance
- Renters insurance
- Health insurance
- Dental insurance
- Vision insurance
- Life insurance and other types of insurances
- What does a resume look like
- Where to find jobs
- Gap year
- What is retirement, really (being work optional)
- Passion projects
- Deal or No Deal Money Game $
Day 6. Interview Skills and Being a Renter vs Being a Homeowner
- Getting your resume through the online auto-bots
- What hiring managers usually look for
- Best practices for applying and interviewing
- Student resumes (HW)
- Remote work and the status quo
- Student resumes (HW)
- How much does it cost to rent a home in Lake Havasu?
- How much does it cost to buy a home in Lake Havasu?
- What are the benefits of being a renter?
- What is the process of renting a room, or a home?
- What are the benefits of being a homeowner?
- Taxes and homeowners’ insurance
- Down payments
- Years of planning, time is on your side
- How to use real estate as the vehicle to increase your personal wealth and security
- Deal or No Deal Money Game $
Day 7. Grit and Introduction to Starting a Business
- Kids start businesses every day
- If you could have any type of business, what would it be
- Working inside your business vs on your business
- ROI on a business, for exit or cash flow
- Investments as a business - Capital gains
- The first step for a new business: passion + a problem
- People, process, product
- Business insurances
- Validating your business with Google
- Resale value and acquisitions
- Business planning
- Human resources
- Circle back to assessments
- Being self-employed and how it relates to physical health and mental health
- Remember to mind your business (your investments)
- Mid-Term (exam)
Day 8. The Power of Money
- The actual cost of children in dollars
- The financial benefits of marriage
- The potential costs of divorce
- The potential costs of habits
- Giving back
- Military
- Trade school
- College
- Final Exam: Life Plan including 5-year chapters
- Exit Survey: Rate your increased knowledge and confidence
- How much did each student save or invest during this class? - Who earned $50?
- Review each life plan including 10-year chapters
- What is business attire
- Best practices for your first networking event
- Deal or No Deal Money Game $
Day 9. Dress to Impress and Shake Hands
- Class graduation networking dinner
- Meet local business owners and put your interview skills to practice
- You never know who will come and that's life!
- You must be prepared!
Contact Us to volunteer to help with this program or sign up your teenager!