Lesson 1.2 What to Do Next | Save More Money Challenge Transcript
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I just want to show you the Save More Money Challenge, which is a savings on money management program. There’s 36 video lessons over six modules.
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Week 1 | Module 1
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So one module per week. The first week talks about what the program is about. It asks you to set a goal, make a commitment to go through the video lessons every week.
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And the end of every week you put in out how much you save and you record it right on the platform.
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So you would have a short quiz that just prompts you to answer questions to make sure the main personal finance principles from the lesson that you understand them.
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Week 2 | Module 2
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Week 2 talks about money management.
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Week 3 | Module 3
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And Week 3, Module 3 goes over techniques to grow your saving. Also about a CD Ladder, how compound interest works and how a CD Ladder works in growing your money by earning interest on top of interest.
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Week 4 | Module 4
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Week 4 goes over common bank fees and loans and fees and charges, you should avoid. How to borrow wisely. How extra payments can help you give yourself a return.
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Week 5 | Module 5
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Week 5 goes into money rules for spending. So just rules of thumb that you can use for saving, spending, borrowing, general life and finance.
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Week 6 | Module 6
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And then Week 6 is a reflection of everything you’ve learned. You add up everything you saved for 6 weeks and then you record it.
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Caribbean Voices Talk About Money
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There are interviews with Caribbean voices talking about their experience with money management. Here with Michema.
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With Oksana, who gives advice on your savings journey. She also talks about how to save on the interest on your loans.
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Then there’s ZaMeire. He talks about his journey to pay off debt, what motivated him, his approach and encouragement for anybody going through the program.
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End
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