Guide to Developing an Engaging Personal Finance Class
Are you on the internet in search of help in planning your own personal finance class? Well, you have arrived at the right place! We’ve spent a lot of time developing a step-by-step walkthrough that goes along each step, showing exactly how you can reach your objective – and develop the ideal program for your specific needs.
Building an Ideal Personal Finance Class
Success: A Practical Example
Below, in the example that follows, you will read all about how a professional sought help and succeeded in organizing their very own personal finance class:
Rodney works for an organization that sends private tutors to high school students around the Boston area, and he currently supervises 17 tutors – many of whom are young adults below the age of 25. After noticing that several his team members had come up to him with some money management-related troubles, he decided to start organizing a personal finance class description and accompanying course that would be beneficial to everyone. He had grown quite familiar with all the tutors on his team, and he had a robust understanding of the subject matter, but he still lacked when it came to a handful of important pieces.
After he performed a bit of a sample survey with a small number of the team members, he immediately understood that the majority of these tutors wanted to learn about the core principles of money management.
Objectives for your Personal Finance Class
With this personal finance class, his final goal was for these tutors to achieve the “Skills and Concepts” level of understanding.
Hitting the Ground Running
After Rodney had set his practical objectives, he then needed to turn his attention to which type of delivery method he would use for this personal finance class description. This group of leadership coaches had schedules that were all over the map, so he easily knew that an internet-based, self-paced course would be the ideal offering.
Focusing a Personal Finance Class Description
Rodney just needed to narrow down the main focus of the program he was planning. This group was made up of young, energetic tutors, so he opted to focus the class on establishing healthy spending habits and saving for the future.
Don’t Be Afraid to Ask for Help
Next, Rodney needed to reach out to a qualified educator for some assistance in presenting the vital material contained within his personal finance class description. The instructor which he sought would need to have both robust knowledge on personal finance principles, as well as excellent teaching skills.
At the end of the day, the educator he chose was an NFEC Certified Financial Education Instructor.
How to Design a Format
Rodney needed a personal finance class that would still be a success, even with the limitations put on the group of tutors’ schedules. With that thought in his mind, he decided to make sure to build a program that would be divided into smaller, digestible modules that can be completed whenever the individual tutors have free time.
Data Talks
Of the 17 tutors who participated in the personal finance class, 15 managed to complete the whole thing with a 13% improvement rate, on average. Rodney’s next decision was to compile the resulting data and generate a report so that he could show his supervisors just how successful his program ended up being.
Don’t Shy Away from Recognition
Rodney knew that this group would need ongoing support moving forward if they were ever going to be able to apply what they had learned. As the seminar eventually came to an end,
He ended up choosing to continue offering follow-up programs, once monthly, accompanied by a new personal finance class description. That way, the tutors would be able to more easily maintain everything they learned already.