This lecture provides an overview of the entire Personal Finance Fundamentals Series. Please read through it to see what we will be covering.

✅ Part 1 - Balancing your Budget

✅ Chapter 1: How to treat yourself like a company

• Sets the foundation for how to think about money

✅ Chapter 2: Managing your expenses

• Learn how to manage and minimize expenses
• Go through how to create a budget manually, but also how to automate the budgeting process using easy to use technology such as Mint and YNAB

✅ Part 2 - The Cost of Money

• Discuss how borrowing money has a cost, and lending or investing money can yield a profit
• Learn about interest rates and compound interest to show why investing can be so powerful and why paying off debt is so important
• Understand the difference between useful debt (such as a mortgage) vs. dangerous debt (credit cards) using visual examples
• Understand how small changes in interest rates can have large impacts over long periods of time

✅ Part 3 - Personal Financial Security & Taxes

✅ Chapter 1: Security best practices to protect your money

• Discuss why online security is important
• Learn why strong passwords, good password management, and 2 factor authentication are important to set up
• Discuss basic techniques to protect yourself from identity fraud

✅ Chapter 2: Basics of taxes

• Learn about the basics of how taxes work
• Go through a real life example of how to calculate your taxes to understand what your take home pay is
• Cover resources and tools you can use to calculate your taxes

✅ Part 4 - Personal Savings Options

• Learn about chequing (or checking) accounts, savings accounts, and emergency funds
• Learn about the RRSP, and TFSA using visual examples and by stepping through templated spreadsheets to show how each account works
• Discuss the difference between these accounts and non-registered investment accounts
• Do comparisons between all of these accounts so students understand how they all work 

Part 5 - How to be financially ready for post secondary education

• Example walkthrough of post-secondary education expenses
• Strategies to reduce your expenses
• Applying for scholarships, getting used books, and more
• Understand the impact of student loans
• Learn how to evaluate what program you enrol in as an investment
• Be able to analyze the return on investment of your degree

Can't wait to see you in the first lecture!

Zack