1.1 – The Basics of Money

"Paying Yourself First" may sound like a clever trick, but it is, in fact, the most crucial lesson in achieving financial success. It involves allocating a percentage of every paycheck or earned income to a dedicated savings account, ensuring you prioritize your future financial well-being.

1.2 - Banking Simplified - The Role of Banks & Why They Exist

Today, we embark on a fascinating journey into the heart of finance as we unravel the mystery of banks—what they do, why they matter, and the indispensable role they play in your financial future.

1.3 - Navigating Checking and Savings Accounts

Welcome to Money Masters Teen Edition! Today, we dive into the world of financial empowerment by understanding the fundamental differences between checking and savings accounts. How do they work, and why should you consider having both? Let's explore!

1.4 - Mastering Financial Transactions

Greetings, Money Masters! In today's session, we're delving into crucial aspects of banking, equipping you with the skills needed to navigate the financial landscape. We'll unravel the mysteries of opening a bank account, demystify the art of check-writing, explore the convenience of e-transfers, and embrace the ease of direct deposits. Let's dive into the financial realms!

1.5 - Navigating Your First Paycheque

Welcome to Money Masters Teen Edition. Today, we're delving into the intricacies of your first job, exploring the nuances of your paycheck, and understanding the deductions that come with it. Let's break down the essentials to navigate the financial landscape of your new employment.

Unit 1 Quiz

2.1 - Pay Yourself First - Building a Solid Savings Habit

Welcome to Money Masters Unit Two! In this unit, we will delve into crucial aspects of personal finance, including saving, budgeting, and planning. Today's lesson kicks off with a fundamental principle: "Pay Yourself First." This concept may sound intriguing, but it's a cornerstone lesson that can significantly impact your financial well-being. Let's explore why paying yourself first is the key to building a secure financial future.

2.2 - The Rule of 72 in Personal Finance

Welcome to Money Masters Unit Two, Lesson Two. Today, we are exploring a powerful concept in personal finance known as the Rule of 72. This rule is a key tool to understand and estimate how long it will take for your money to double through the magic of compounding interest. So, let's dive into the Rule of 72 and witness the growth of your money over time.

2.3 - The Power of Compound Interest

Welcome, Money Masters, to Lesson Three of Unit Two: "Compound Interest." Today, we unravel the magic behind compound interest, a financial force that can significantly accelerate your journey to financial success. Let's dive into the intricacies of compound interest and understand why it's one of the most powerful tools in the realm of finance.

2.4 - Budgeting Essentials

Greetings, Money Masters Teen Edition! In today's lesson, we dive into the world of budgeting—an essential skill for every teenager. Budgeting is all about managing your money wisely, and we're here to equip you with some practical tips.

2.5 - Budget Mastery 2.0: Elevating Your Financial Success

Welcome back, Money Masters Teen Edition! In today's lesson, we're delving into Budgeting 2.0 – how to use your budget to propel your personal wealth forward. You've set up the budget, tracked spending, and categorized expenses; now, let's take it to the next level.

Unit 2 Quiz

3.1 - Saving Money & Building Your Financial Future

Welcome back, Money Masters, to Unit Three of the Teen Edition! Today, we embark on an exciting journey into the world of saving and investing. In Lesson 1, we're diving into the fundamental question: Why do we save, and what makes saving so crucial for your financial future?

3.2 - A Guide to Investment Accounts in Canada

Greetings, Money Masters! We're diving into the exciting realm of investment accounts in Canada. In this lesson, we'll explore various options available for young savers looking to grow their money strategically. So buckle up, and let's navigate through the alphabet soup of investment accounts!

3.3 - Exploring Asset Classes

Hello, Money Masters! In this lesson, we delve into the exciting world of investment asset classes. You've diligently saved money, and now it's time to explore how to make that money work for you. In today's lesson, we'll be discussing five major asset classes that can potentially accelerate the growth of your hard-earned savings.

3.4 - Investment Vehicles: Turning Savings into Wealth

Greetings, Money Masters! Welcome to lesson four, where we dive into the practicalities of putting your hard-earned savings to work. In the previous lesson, we explored various asset classes such as cash, bonds, equities, and real estate. Today, we'll unravel the mystery of how to actually acquire these assets and build your investment portfolio.

3.5 - Mastering the Art of Investing

Welcome, Money Masters, to the fifth and final lesson of Unit 3. Today, we're diving deep into tips and guidance to shape your investing future. Congratulations on taking the steps to save, open a brokerage account, and invest in different asset classes. Now, let's prepare you for the inevitable mistakes and provide you with insights to navigate through them.

Unit 3 Quiz

4.1 - Supply and Demand

An economy is a vast system that orchestrates the buying, selling, production, and exchange of goods and services. Money or currency typically facilitates these transactions. Central to this economic dance are the twin forces of supply and demand.

4.2 - Credit: Building Trust in the World of Finance

Hello, Money Masters! Welcome to Lesson Three. Today, we embark on an exciting journey through various investment asset classes. You've done an excellent job saving money and setting aside a portion of your paycheck. Now, it's time to explore how to make your hard-earned cash work for you. Let's dive into the five major asset classes and understand the options available for growing your funds.

4.3 - Credit Scores: Your Financial Report Card

Hello, Money Masters! Today's lesson is all about credit scores—what they signify, their impact on your financial journey, and strategies to leverage them for a prosperous financial future. Imagine it as a personal report card that reflects how well you handle borrowed money. We'll explore why credit scores exist, their measurement, and how you can use this knowledge to enhance your financial standing.

4.4 - Tips for Debt Management and Credit Score Optimization

Hello, Money Masters! Welcome to Lesson 4 of this unit, where we'll unravel the secrets of effective debt management and strategies to optimize your credit score. Brace yourselves for a wealth of tips that can shape your financial future.

4.5 - Building and Managing Your Emergency Fund

Greetings, Money Masters Teen Edition! Welcome to Lesson 5 in Unit 4, where we dive into the realm of emergency funds—why they matter, how to kickstart them, their ideal size, and their purpose. Life is unpredictable, and an emergency fund is your financial superhero, ready to rescue you from unexpected challenges. Let's unravel the secrets of this essential financial safety net.

Unit 4 Quiz

5.1 - Life Lessons

Welcome, Money Masters! Congratulations on reaching the final unit of our course. In this unit, we'll delve into essential life lessons, covering topics like college, entering the workforce, making significant purchases, and gaining insights into navigating life. This unit aims to equip you with valuable knowledge to help you make informed decisions about your future.

5.2 - Your First Job

Hey, Money Masters Teen Edition! Welcome to lesson two of Unit five. Today, we're stepping into the realm of your first jobs, and it's more than just a paycheck—it's about understanding your goals, exploring side hustles, and preparing for the world of work. Let's dive into the bigger picture!

5.3 - Financial Planning for Big Purchases

Welcome, Money Masters Teen Edition! Today's lesson focuses on navigating significant purchases as a teenager. You've worked hard, saved money, and now you're ready to make that first big purchase. Let's dive into the key aspects to consider when approaching big purchases.

5.4 - Your First Home

Welcome, Money Masters Keen Edition! In Lesson Four, we're diving into the exciting world of buying your first home. Whether you're dreaming of those keys in your hand or exploring the possibilities of real estate investments, this lesson will guide you through the essentials. Let's explore what it takes to become a homeowner and the transformative journey it entails.

5.5 - Bringing It All Together

Welcome to our Money Masters finale! Today, we're going to recap the entire course, revisiting key lessons, highlighting essential points, and providing guidance as you navigate your path towards financial freedom.

Unit 5 Quiz