Financial Literacy Training
Under the sponsorship of the Financial Industry Regulatory Authority (FINRA) Investor Education Foundation, the Center for Financial Studies at Southern New Hampshire University has developed a specialized financial literacy teaching curriculum expressly for use in teaching young adults. The curriculum series covers eight related financial literacy topics, with each curriculum module including extensive hands-on internet applications. Although the module topics are related, each module is independent of the others.
Acknowledgement
These publications were made possible by a generous grant from the FINRA Investor Education Foundation.
FINRA Investor Education Foundation
The FINRA Investor Education Foundation, formerly known as the NASD Investor Education Foundation, supports innovative research and educational projects that give investors the tools and information they need to better understand the markets and the basic principles of saving and investing. For details about grant programs and other new initiatives of the Foundation, visit www.finrafoundation.org.
The purpose of this module is to present the rudiments of asset allocation and security selection procedures.
The purposes of this module are to present the financial advantages of diversification in investing, to give participants the opportunity to create a diversified stock portfolio (across industry sectors) and to monitor the performance of the diversified portfolio.
- Selecting Diversified Stocks worksheet
- Monitoring a Diversified Portfolio worksheet
- Websites handout
The purpose of this module is to cover several financial topics that are not covered in the other modules in the series and that may be useful to investors.
The purpose of this module is to present a method for estimating the need for retirement income, the most common types of retirement savings plans, the effects of compounding and the relative benefit of establishing a retirement savings plan as early as possible.
- Estimating Retirement Income Need and Required Retirement Savings worksheet
- Determining Necessary Annual Contributions to Retirement Savings worksheet
- The Effects of Compounding handout
- Websites handout
The purpose of this module is to present the attributes of equity mutual funds as an asset class, as well as the advantages to investors in using mutual funds.
- Equity Mutual Fund Selection Criteria worksheet
- Equity Mutual Fund Selection worksheet
- Websites handout
The purpose of this module is to introduce net worth statements, income statements, budgets and emergency funds.
The purpose of this module is to present three risk management tools that investors may find useful in managing a portfolio.
The purpose of this module is to discuss key aspects in choosing a financial advisor, including providing relevant information to the advisor, setting expectations with the advisor, understanding the fee structure and dealing with problems that might arise between advisor and client.