Financial Tools for the Trades is a four-hour class, which is based on the book Financial Tools for the Trades: A Survival Guide for Apprentices.
The Financial Tools class consists of four one-hour lessons that can be taught together in a single day, or separately over several days of instruction. Lessons include:
1. Be Prepared
Apprentices learn the financial realities of working in the trades, calculate first-year take-home earnings, and learn tips for saving money and being prepared for periods of unemployment.
2. The Power of Spending Plans
Apprentices learn how to create a spending plan, one of the best tools for managing money. They also learn to track expenses, plug “spending leaks” and identify ways they can increase their income or cut their expenses.
3. Make Credit Work for You
Apprentices learn what credit is, how to read a credit report, strategies for building or improving their credit, and the full cost of using credit. Apprentices request a free copy of their credit report.
4. Take Control of Your Debt
Apprentices learn how to develop a personal debt repayment plan, and how to seek outside assistance if they need more help dealing with their debt.
