Financial Literacy – Money and Finances (Gr8)
Skills:
- Money Concepts – describe some advantages and disadvantages of using Letters of Credit when dealing with multiple currencies and exchange rate (6:26)
- Money Concepts – describe some advantages and disadvantages of using advance payment and open account when dealing with multiple currencies and exchange rate (6:21)
- Money Concepts – describe some advantages and disadvantages of using documentary collection when dealing with multiple currencies and exchange rate (8:02)
- Money Concepts – describe some advantages and disadvantages of using payment gateway and e-wallet such as paypal when dealing with multiple currencies and exchange rate (1:48)
- Money Concepts – describe some advantages and disadvantages of using dynamic currency conversion when dealing with multiple currencies and exchange rate (7:53)
- Financial Management – create a financial plan to reach a long-term financial goal, accounting for income, expenses, and tax implications
- Financial Management – identify different ways to maintain a balanced budget, and use appropriate tools to track all income and spending, for several different scenarios (2:12)
- Financial Management – determine the growth of simple and compound interest at various rates using scientific calculator (2:42)
- Financial Management – how to calculate effective rate for compound interest (3:21)
- Financial Management – determine the growth of compound interest at various rates using Microsoft Excel (4:26)
- Financial Management – explain the impact interest has on long-term financial planning by determining the monthly deposit needed to have a given future value of a saving annuity using a formula (5:27)
- Consumer and Civic Awareness – determine the best choice for different scenarios by calculating sales and percentage discount (5:47)
- Consumer and Civic Awareness – compare various ways for consumers to get more value for their money when spending, including taking advantage of customer loyalty and incentive programs by learning rewards program (2:11)
- Compare various ways for consumers to get more value for their money when spending, including taking advantage of customer loyalty and incentive programs (Part 2)(3:57)
- Compare various ways for consumers to get more value for their money when spending, including taking advantage of customer loyalty and incentive programs: What makes loyalty programs work for all ages (4:38)
- Consumer and Civic Awareness – compare interest rates, annual fees, and rewards and other incentives offered by various credit card companies and consumer contracts to determine the best value and the best choice for different scenarios (7:46)