EMPOWERING THROUGH FINANCIAL KNOWLEDGE

CAUFP is committed to developing the financial literacy of young adults from the black community, aged 15 to 24 through a well designed and targeted curriculum. Our objectives are to:

  • Create informed consumers of financial products and services
  • Increase participation in the capital markets
  • Empower and set participants on a path to financial independence
  • Create ambassadors of financial literacy within the black community

CURRICULUM CONTENT

The CAUFP Financial Literacy curriculum has  four learning modules, with specific learning objectives and outcomes that allow each module to be taught independently of one another.

Preferably, learning modules should be taught in sequence from one through four, as each subsequent module will build upon the knowledge gained from the previous. Each module will take approximately 60-120 mins to complete.

The curriculum has been developed and is delivered by a knowledgeable and experienced committee.

MODULE DESCRIPTIONS

Starting with fundamental behaviour, the objective of this module is to teach participants about good financial values. These include adjusting your attitude, respect and trust, the importance of valuing time, and personal branding.

This module gives participant an understanding of what it means to be financially fit and the importance of setting goals and creating a financial plan. Participants will learn what financial health is, understanding a personal balance sheet, creating a financial plan, and be introduced to budgeting.

This module provides an overview of the factors involved in the cration, use and maintenance of credit. Participants gain an understanding of the different types of lending instruments as well as knowledge of how cash and credit work, the cost of borrowing, and good versus bad debt.

This module provides an overview on the importance of saving for short, medium and long-term goals using simple tools and concepts. It informs participants on the common types of investment products, ranging from savings account to stocks. Other topics covered include steps in budgeting, types of bank accounts, and understanding interest rates.

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