Our Workshops make Cents!
Since 2004, Cents Ability has taught free financial literacy workshops to teens throughout the New York City area. Our founding members, working alongside the National Endowment for Financial Education (NEFE), developed an educational and engaging curriculum for teenagers. The course of study is divided into eight 45-minute modules so that even the busiest teen, as well as the volunteers who teach them, can manage the commitment.
In 2018, we completed a comprehensive revision and enhancement of our program curriculum. As a result, our updated material and activities are even more relevant to today’s teens.
As a supplement to our class work modules, we also have a student workbook. It is filled with dozens of interactive activities and enables students to continue their learning journey.
We offer 9 modules geared
towards today's teens.
INTRODUCTION & GOAL SETTING
The importance of goal setting and how goals can help achieve an objective; the difference between a wish and a smart goal. How to set SMART financial goals, including practice activities.
BUDGETING
How a budget will help achieve smart goals. The components of a budget and the difference between wants and needs. Practice budgeting and learn how to construct a personal budget.
SAVINGS & BANKING
The importance of saving early for the long run. Descriptions of different banking options and how to choose a bank account. Discuss methods of saving and why saving is important.
CREDIT CARDS & SCORES
The basics of credit and how to pick the right credit card. The cost of credit and the risks and benefits of using credit. The importance of your FICO score and what is included in its calculation
INVESTMENTS
Where and how to save and invest money. The difference between stocks, bonds, CDs, and other investments. The relationship between risk, return, and liquidity. The importance of diversification.
STOCK MARKET
The basics of the stock market. The process for valuing a business and applying the valuation technique to other potential investments. Why, when, and how to purchase stocks.
COLLEGE CENTS
The different financing options for higher education. How to use a 5 step decision making model, includes practice activities. Tips for keeping on a budget in college.
YOUR FINANCIAL LIFE
The relationship between earnings and career path. Taxes and inflation. The basics of insurance - how it works and why it is needed.
CAREERS IN FINANCE
Overview of finance industry and career opportunities. Overview of skills required for finance careers. Importance of finance in business and economy.
Programs
Criminal Justice Initiative
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