Fun Money Management Activities: Access Complimentary Resources
Have you noticed that there are a lot of people who don’t have knowledge or skills about basic money management? Do you want to help but don’t know how? If you’re driven to help people become financially literate, read on because we can help you help them.
If you’re looking for high-quality money management activities for groups or families, you can stop searching because you’ve found what you’re looking for. Below, you’ll find resources to get you started and information about how to get the most out of these fun money management group activities.
The National Financial Educator’s Council (NFEC) specializes in fun money management group activities that can be custom targeted to people of all ages and socioeconomic backgrounds. Our Certified Financial Instructors deliver the information in a way that appeals to everyone. We are 100% independent and we don’t advertise. Our courses meet core educational competencies and will inspire you to start making sound money management decisions right away.
The Need for Money Management Group Activities
Sandy, a freelance bookkeeper, was interested in teaching fun money management activities to groups, but was not comfortable enough with her own personal financial literacy to teach a class on it. Besides, she had never taught a class and didn’t know where to start.
She wanted to help empower single women in their 20’s who had gotten themselves into debt and showed habits of bad personal money management activities, but she wasn’t sure about the aspects of finance they most needed.
After doing research online and at the local community center, she determined that these young women lacked knowledge about saving, debt and building a financial foundation.
The Purpose of Fun Money Management Group Activities
Sandy firmly believed that if young, single women knew how to get out of debt, save money and plan financially for the future, it would change their lives. Single women, often with kids, are extremely busy and have very little time to spare. Sandy wanted her audience to at least understand the skills and concepts of personal finance and hopefully start to think critically about managing their money. She felt including some interactive money management games would engage the students so they gain the ability to weigh their options and make prudent decisions would be critical to the program’s success.
Presentation Plan for Fun Money Management Activities
With a clear idea of what she wanted her target audience to get out of her program, she thought about a time structure that would best suit her busy audience. She wanted to keep them on track while maintaining some degree of flexibility, so she decided to offer a webinar once per week, with independent study and homework to be done between the webinars. This would provide incentive to maintain the commitment while also providing a flexible schedule. Webinars would be recorded, in case participants could attend live.
Strategy for Introducing Fun Group Activities in Money Management
Sandy already had a good idea of what subjects these money management group activities would cover. Since her target audience consisted of young adults who were already in debt, she felt that it was important to present the concepts of getting out of debt, saving, budgeting and developing a viable financial plan for the future.
To make her money management classs interesting and engaging, she intended to stress the benefits of applying these concepts to everyday decisions, then dive deeper until critical thought on money management came naturally.
Specifically, they wanted to learn how to get out of debt, save and plan for the future and possibly even put themselves thru college.
The Correct Curriculum for Applicable Money Management Activities
It was important to Sandy that the money management lesson plans cover the core educational competencies of money management activities, in case any of her students decided to go back to school. The financial activities had to be fun, engaging and immediately applicable to everyday life. Sandy particularly wanted these activities to show that today’s decisions can dramatically alter the future. Practical, action-based activities were just what she needed.
A Fun, Relatable Presenter for Group Money Management Activities
Sandy had never presented a webinar and did not want to learn while presenting such an important topic. She wanted her students to gain in depth knowledge of the subject and not just understand the definition of money management. Too much was at stake, so she decided to go with a professional educator who was trained and certified by the NFEC. Someone similar to the audience who had been in their financial situation and escaped, would be ideal. She had enough experience in life to know that the professional help would prove invaluable in ways she could not even imagine at this early stage.
Sandy could always become a Certified Educator herself, but she wanted to take things one step at a time and presently had her hands full with this first course she was creating.
Who Knew that Fun Money Management Activities for Groups Would Be So Powerful
Of the 30 young women who signed up, an astounding 28 completed the course successfully and tests showed that over 2/3 reached the level of strategic thinking. Most of the students reported that the improvement to their lives was immeasurable. Sandy knew that if the program worked at all, it had the potential to change their lives forever, all thru fun money management activities.
Sandy excitedly put the data into a comprehensive report, with the intention of raising funds to continue the financial education of these women. She also wanted to begin the Financial Educator Certification process and become Certified thru the NFEC so she could present money management group activities on her own.
The Continuing Process of Group Money Management Education
During the final webinar, every successful participant was recognized. They were each sent a Certificate of Completion to include in their resume and college application.
Sandy realized that this is just the beginning. Her skills and knowledge on how to teach money management improved and this yielded results. Most of these girls felt a tangible sense of self-esteem and expressed a strong desire to continue their financial literacy education. Sandy gave the participants unlimited access to all the webinar recordings and access to a closed Facebook group just for participants to get ongoing help and support. They also went on an email list as another way to keep informed of new classes, interesting articles and news, and other information to keep them on their newfound path of financial self-empowerment.