ASPiRE: Financial Wellness for Canadian Teens

Learn how to identify, plan, and achieve financial goals.
0.0 (0 ratings) Instead of using a simple lifetime average, Udemy calculates a
course's star rating by considering a number of different factors
such as the number of ratings, the age of ratings, and the
likelihood of fraudulent ratings.
1 student enrolled
$75
Take This Course
  • Lectures 266
  • Contents Video: 5 hours
    Other: 4 hours
  • Skill Level Beginner Level
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
Wishlisted Wishlist

How taking a course works

Discover

Find online courses made by experts from around the world.

Learn

Take your courses with you and learn anywhere, anytime.

Master

Learn and practice real-world skills and achieve your goals.

About This Course

Published 3/2015 English

Course Description

Are you excited to begin writing the script to the next chapter of your life? Are you eager to begin moving closer to living the life you have always imagined? Do you want to:

  • Find a career that best suits you and your skills?
  • Pay for post-secondary schooling?
  • Take a vacation?
  • Own a car?
  • Buy a house?
  • Stop working permanently on your terms?

THIS IS THE COURSE FOR YOU!

Join me as we uncover the secrets to controlling your own personal finances. Imagine a life where you are in control of achieving your own goals and designing your life's book. What does it look like? Discover how you can invest in your future self.

Learn to:

  • Set and Achieve Goals
  • Manage Cash Flow
  • Manage Debt and Use Other People's Money Effectively
  • Protect Your Assets
  • Build Wealth

Overview

This course is broken into 5 units and 20 lessons containing 75 easy to understand activities that will change the way you think about money management. Each lesson begins with specific outcomes to be discovered and ends with a recap of what was learned. What will it feel like when you can afford to buy and do the things you want, when you want?

“I believe we were all created to accomplish great things and be extraordinary people. Our ability to achieve greatness is only limited by the size and purity of our canvases, the harnessing of talents, and the intention of our strokes."—John Crosser

What are the requirements?

  • Students should have a calculator and a basic arithmetic background (adding, subtracting, multiplying, dividing, and exponents).

What am I going to get from this course?

  • Establish a rational decision making process to set and achieve financial goals.
  • Understand income and expense sources and how they relate to achieving financial goals.
  • Understand credit uses and their associated costs.
  • Understand the purpose of insurance and other risk management tools.
  • Understand savings and investing as they pertain to achieving financial goals.

What is the target audience?

  • This course is designed for Canadian teens that want to understand the moving parts of a financial game plan and how they come together to help achieve financial goals. This course will require a lot of working requires lots of effort as financial concepts and strategies are often discovered after working through examples.

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: Introduction to ASPiRE
01:05

Looking for information that will help you achieve visions and goals? Are you trying to make sense of all the moving parts to achieving goals, keeping cash flow....flowing, understanding the ins and outs of debt, how insurance can be used to protect what you have worked so hard to accomplish, or building wealth to help live life ever after? This is definitaly the place to start.

1 page

John Crosser, the owner of Knights Financial Management, is a business owner, teacher, coach, parent, financial advisor, independent mutual fund and insurance agent, and your guide to helping you better understand personal finances. As a financial coach for over 10 years John is passionate about helping people discover the hidden secrets to developing life plans.

01:24

What if more Canadian's understood the ins and outs of personal finances what would happen to our communities and families. What if teens better understood their own financies before they joined accounts with someone else?

06:46

Having your own goals should require you to find your own way to pay the costs of achieving them.

05:45
  1. Establish a rational decision making process to set and achieve financial goals
  2. Understand sources of income and expenses and how they relate to achieving financial goals
  3. Understand credit uses and costs
  4. Understand the purpose of insurance and risk management
  5. Understand, savings, investments, and retirement planning
5 pages

View this page to see how your financial game plan will be developed through 5 units, 20 lessons, and 75 self directed activities.

Section 2: Goal Setting
02:47

What do you want our of life? Of all components involved when constructing a financial game plan goal setting is the most important. After completing the Goal Setting section students will:

  • Begin to see themselves in a better light with visualization and positive self talk.
  • Identify things that define who they are by understanding what they value and their skill sets.
  • Learn to determine what they want out of life and how to lay out a road map to get what they want.
  • Discover coping mechanism to help the successfully achieve their goals by learning to celebrate successes, overcome obstacles, and determine financial costs a head of time.
00:54

After completing lesson 1 students should be able to a) describe the importance of creating a clear vision, b) Identify & describe a variety life plans, c) Describe personal & social factors contributing to stress and have tools to reduce it. It all begins with seeing yourself in a better light.

03:39

Having the ability to see what you want in terms of career/work, physical/self-image, family/relationship, social/community, intellectual/personal pursuit, and financial/home visions is the starting point to any life plan.

1 page

Complete this activity to begin to see how visions can be created.

Lesson 1-Activity 1 Solutions
02:58
03:01

Discover the secret athletes and musician have been using for years to help them perform at a higher level. Vision boards are discussed with links to; samples (www.aspirebook.ca---not set up yet) and apple's vision board application from itunes (https://itunes.apple.com/ca/app/vision-board-pro/id463248118?mt=8). The author does not receive compensation from your purchase of any apple products.

1 page

Complete this activity to learn the importance of visualization and how it can be used to help achieve visions.

Lesson 1-Activity 2 Solutions
03:30
02:41

One way to control your thoughts is to use positive self talk. Learn how in this lesson.

2 pages

Complete this activity to learn how to reprogram your thinking to help reduce stress.

Lesson 1-Activity 3 Solutions
Preview
03:03
3 pages

This lesson outlines how to:

  1. Identify & describe a variety life plans
  2. Describe personal & social factors contributing to stress.
  3. Describe the importance of creating a clear vision
01:05

After completing lesson 2 students should be able to a) list the advantages of designing and following a personal plan, b) Describe the importance of personal values as they relate to careers, c) identify and describe work opportunities matching skills sets, d) develop career plans that include educational requirements and skill development, e) identify skills, traits and work habits. Theses outcomes will help students better understand what makes them unique.

07:47

This lesson focuses on how knowing and understanding what you value will help you choose an appropriate career, a job, and even a life partner. This lesson will also list and describe common characteristic that typical employers are looking for when they hire employees.

1 page

Complete this activity to discover what you value.

Lesson 2-Activity 4 Solutions
02:35
02:21

This lesson focuses on identifying your personal skill set. You will discover what skills match best with which careers and professions. In addition a link is offered to provide more informartion regarding future skills needed in Canada. (http://news.gc.ca/web/article-en.do?nid=838379)

4 pages

Complete these activities to identify your skill set.

Lesson 2-Activity 5/6 Solutions
10:10
01:49

This lesson focuses on creating a personal statement that states what you value and what is skills set is. Keeping this statement in a place that can be routinely reread will help keep you grounded.

1 page

Complete this activity to create a written statement of who you currently are. This lesson includes a link to discovering volunteering opportunities (http://www.youth.gc.ca/eng/topics/jobs/volunteer.shtml).

Lesson 2-Activity 7 Solutions
03:32
01:58

This lesson focuses on identifying your personal and professional visions.

1 page

Complete this activities to identify your professional and personal visions.

Lesson 2-Activity 8 Solutions
02:01
3 pages

This lesson outlines how to:

  1. List the advantages of designing and following a personal plan.
  2. Describe the importance of personal values as it relates to careers.
  3. Identify skills, traits, and work habits
  4. Identify and describe work opportunities matching skill set.
  5. Develop career plans that include education requirements and skill development.
01:11

After completing lesson 3 students should be able to a) compare short and long term financial goals, b) explain how aquiring experience in the community can help achieve future goals. c) analyze how personal goals, priorities, needs, and wants affect time talent and money, d) apply goal setting and an action planning process to planning a career. Theses outcomes will help students be more successful in getting what they want.

05:16

This lesson introduced goal setting using the STAR method. The art of goal setting is learning to combine clearly defined steps along a path with stepping stones spaced far enough apart as to make the next step look easy. It is okay to use someone else's path until you can blaze your own trail.

1 page

Complete this activities to identify short term goals to help you achieve visions.

Lesson 3-Activity 9 Solutions
00:05
02:04

This lesson focuses on setting short term goal to help reach long term goals, which in turn helps us achieve visions. This lesson also looks at how to be healthy with a series of short term fitness goals. Links are provide to both the YMCA (http://www.ymca.ca/en/who-we-are.aspx) and the YWCA (http://ywcacanada.ca/en/pages/national/who) as potential places to go to work on mental and physical wellness. The author does not receive compensation for promoting either the YMCA or the YWCA.

1 page

Complete this activities to further identify short term goals to help you achieve visions.

Lesson 3 Activity 10 Solutions
00:05
02:52

This lesson begins laying out plans to move you closer to achieving visions. Short and long term goals are used to create a path in which you can follow.

1 page

Complete this activities to create a road map to achieve visions.

Lesson 3-Activity 11 Solutions
01:45
2 pages

This lesson outlines how to:

  1. Compare short and long term financial goals
  2. Explain how acquiring experience in the community can help achieve future goals
  3. Apply goal setting and action-planning process to planning career
01:09

After completing lesson 4 students should be able to a) design a plan to reach a specific financial goal, b) recognize that as individuals we are responsible for own finances, c) identify variables options to address anticipated challenges and stresses, d) investigate sources and types of financial assistance for funding post secondary education, e) explain hot to off set the financial implication of financing post secondary education. Theses outcomes will help students stay on track to completing their goals.

01:50

This lesson identifies ways to celebrate successes for accomplishing goals. The level of reward we receive or give to our selves can be modified to fit any budget. One key to achieving a goal is knowing the reward waiting for us when we achieve the next one.

1 page

Complete this activities to identify ways to help you celebrate your successes.

Lesson 4-Activity 12 Solutions
01:25
02:17

This lesson recognizes the sacrifices that are often made to insure goals are met. Through mental preparation we can prepare ourselves to overcome difficult situation before they actually occur.

1 page

Complete this activities to identify potential sacrifices that will have to made in order to help complete goals.

Lesson 4-Activity 13 Solutions
02:02
00:14

This lesson focuses on how to prepare to pay the financial cost of attending a post-secondary school. Through planning future costs can be entirely or partial saved for. This lesson provides links to; CBC video on tuition cost in Canada and (RESP)-Registered Education Savings Plan (http://www.servicecanada.gc.ca/eng/goc/resp.shtml).

1 page

Complete this activities to discover ways to reduce the cost of getting a post-secondary degree.

Lesson 4-Activity 14 Solutions
03:47
00:05

This lesson identifies the concept of retirement. In preparing to stop working (exchanging time for money) the amount of money need to do this requires taking into consideration several important points; at what age do we want to begin retirement, how long will we spend in retirement prior to meeting our maker, and how much do we need to spend each month to pay bills. One bill that is often over looked is the cost to eat. This lesson provides link to a Financial Post (http://business.financialpost.com/2014/04/22/how-much-money-is-enough-to-retire-only-you-can-figure-that-out/) article talking about future retirement costs. The author does not receive financial compensation for promoting this article.

A document (spreadsheet) is available to approximate the monthly amount needed to be saved in order to achieve a financial goals. The spreadsheet allows different aspects of goals to be altered to personalize results. The rate of return for each goals is 5% with exception to the rainy day savings account 0.5%.

1 page

Complete this activities to discover an often forgotten expense that drastically affects the cost of retirement. A link is provide offering assistance in retirement planning to two Canadian Companies; Portfolio Strategies Corporation (http://www.portfoliostrategies.ca/About-Us/index.php) and PPI Solutions (http://www.ppisolutions.ca/). These companies provide connections across Canada to independent retirement planning advisors that can provide personal assistance. The author may receive financial compensation for services provided by planning advisors. Finding the right retirement planning advisor requires research and interviewing and it is important to find the appropriate match.

Lesson 4-Activity 15 Solutions
03:17
2 pages

This lesson outlines how to:

  1. Investigate sources and types of financial assistance for post secondary education
  2. Explain how to off set financial implication of financing post secondary education
  3. Design a plan to reach a specific financial goal.
  4. Recognize that as individuals we are responsible for own finances
Section 3: Cash Flow Management
02:14

Looking for ways to help pay the financial costs of achieving your goals? After completing the Cash Flow Management section students will:

  • Realize the importance of being responsible for their own cash flow.
  • Discover ways to save and reasons to save.
  • Begin to understand how to become better managers of their expenses with budgeting and other tools.
  • Identify the impact sales and income tax has on their cash flow as well as areas in which tax revenue is spent.
00:51

After completing lesson 5 students should be able to a) demonstrate an understanding of the relationship between income and expenses, b) demonstrate an understanding of money management strategies to achieving goals, c) demostrate an understanding of personal financial skills required for the future, d) analze reasons to save. Theses outcomes will help students be more responsible for their own cash flow.

05:02

This lesson introduces the most common components of the flow of money in and out of our account. In addition, savings, saving, and investments are defined.

1 page

Complete this activity to learn how to where the flow of money goes.

Lesson 5-Activity 1 Solutions
2 pages
03:42

This lesson focuses on how to be more efficient in generating cash inflow. The underlying issue in this lesson is to be responsible for your own cash flow and do not use the bank of mom and dad to accomplish your goals. This lesson also provides a link to the CRA website (http://www.servicecanada.gc.ca/eng/lifeevents/job.shtml) providing job opportunities.

2 pages

Complete this activity to learn how to create cash inflow.

Lesson 5-Activity 2 Solutions
2 pages
02:02

This lesson focuses on rationales as to why money should be saved. The easy answer is to simply pay for the financial cost of achieving your goals but what are the costs.

1 page

Complete this activity to learn how to determine costs associated with short term goals.

Lesson 5-Activity 3 Solutions
1 page
05:14

This lesson focuses on strategies to save money. Allocating a percentage of the amount of money coming in is an easy way to begin saving.

1 page

Complete this activity to learn how to calculate simple interest.

Lesson 5-Activity 4 Solutions
1 page
4 pages

This lesson outlines how to:

  1. The relationship between income and expenses.
  2. Money-management strategies to achieve goals
  3. Recognize personal financial skills required for the future
  4. Analyze reasons to save
00:32

After completing lesson 6 students should be able to a) demonstrate an understanding of income and spending issues, b) identify and effectively apply strategies for managing money resources, c) demonstrate an understanding of personal financial skills required for the future, d) identify ways to save. Theses outcomes will help students learn to save money to pay for their future financial goals.

06:04

This lesson focuses on treating your savings and investment accounts like an expense account. Each month it is important to pay bills so pay your savings and investment accounts like any other bill...on time and in full.

3 pages

Complete this activity to learn how to save money.

Lesson 6-Activity 5 Solutions
2 pages
02:06

This lesson introduces the idea that putting money to work by earning interest is way to help pay for goals. Choose the best savings account that will provide low risk and a little interest reward.

1 page

Complete this activity to learn how to calculate interest given a daily rate.

Lesson 6-Activity 6 Solutions
1 page
02:34

This lesson develops the idea that saving for things that help us achieve our short term financial goals can be kept in an account called the Sunny Day Fund or Sunny Day Account. To help fund these accounts use your imagination to find money to pay for short term goals.

1 page

Complete this activity to learn how to save for sunny days.

Lesson 6-Activity 7 Solutions
Preview
1 page
02:43

This lesson introduces the idea of pre-planning for unplanned emergency. Saving enough money to pay these unexpected bills allows us to keep living life as normal. Remember it is not if an emergency will happen it is when it will happen.

1 page

Complete this activity to see how important it is to establish a rainy day saving account.

Lesson 6-Activity 8 Solutions
1 page
2 pages

This lesson outlines how to:

  1. Demonstrate an understanding of income spending issues.
  2. Identify and effectively apply strategies for managing money resources
  3. Demonstrate an understanding of personal financial skills required for future
  4. Identify ways to save
01:02

After completing lesson 7 students should be able to a) analyze personal goals and priorities, personal needs, and wants influence money, b) demonstrate effective use of strategies for improving personal management skills, c) design, justify, and adjust personal budgets, d) describe how factors such as personal goals, needs, wants affect the use of money as a resource, e) list reasons for taxation and uses of tax revenue. Theses outcomes will help students become better managers of money.

02:12

This lesson analyzes common cash outflows. By differentiating between a want and need we can reduce our cash outflow and allocate unspent money into either a sunny day savings account, a rainy day emergency account, or a sunny day investment accounts.

2 pages

Complete this activity to learn how too many wants hinder our needs.

Lesson 7-Activity 9 Solutions
2 pages
02:17

This lesson focuses on the hidden dangers of using ATM's. Safety tips are identify to help keep our money safe.

1 page

Complete this activity to learn how using ATM's may be costing you more money then you thought.

Lesson 7-Activity 10 Solutions
1 page
02:32

This lesson looks at controling expenses by analysing fixed and variable expense. Knowing where our money goes is important to find extra money to pay for goals.

2 pages

Complete this activity to identify fixed and variable expenses.

Lesson 7-Activity 11 Solutions
2 pages
01:44

This lesson introduces the idea of using a financial tool called budgeting as our buddy to find extra money to help pay for goals. Budgeting helps us determine where the cash comes from and where it goes.

Students Who Viewed This Course Also Viewed

  • Loading
  • Loading
  • Loading

Instructor Biography

John Crosser, Business Owner, Teacher, Investment and Insurance Agent

Throughout his extensive 24 year teaching career across the world, John Crosser, has noticed a common theme. Whether teens come from Canada, The US, Japan, Thailand, or The United Arab Emirates they have a lack of information available to them to learn the valuable techniques and skills of money management.

Combining John's teaching experience with 10 years of financial management experience his new workbook ASPiRE: A Financial Workbook for the Canadian Teen is a testament to his passion for helping teens and adults understand how to manage money. John believes that with proper financial education in goal setting, managing cash flow, controlling debt, protecting assets, building wealth, and leaving a legacy, individuals will be healthier and families will be stronger. John is a licensed mutual fund agent with Portfolio Strategies Corporation and an insurance agent with PPI Insurance Solutions.

John is the owner of Knights Financial Management, an independent financial service consulting company. John and his team use the ASPiRE workbook to provide financial wellness workshops for employees of the small and midsize companies. He resides in Calgary, Alberta with his wife and two daughters.

Ready to start learning?
Take This Course