Money 101: Short course
This is a shortened version of the course, with selected essential material. If you have some spare time, check out the complete course .
For more detailed course description and instructions, see the home page for this course. If you are experiencing video playback issues, try a different browser, or download the videos and use a desktop video player.
Table of Contents
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Module 01: Introduction
When you're done with these lessons, try the quiz: HTML view .
Lesson 01-01: Introduction
Learning objectives. By the end of this video, students should be able to do the following:
Explain the benefits of an online course
Manipulate video playback speed in various user interfaces
Describe the structure and operations of this course
List major topic groups to be covered in this course
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Lesson 01-02: Motivation
Learning objectives. By the end of this video, students should be able to do the following:
List the major ways to pay for a college education
Distinguish between loans and grants
Interpret items on a university billing statement
Look forward to more exciting lessons!
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Module 04: Income, spending, borrowing, and saving
When you're done with these lessons, try the quiz: HTML view .
Lesson 04-01: Personal money flows
Learning objectives. By the end of this video, students should be able to do the following:
Describe personal money flows
Explain saving and borrowing
Distinguish between good and bad debt
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Lesson 04-02: Paychecks and budgets
Learning objectives. By the end of this video, students should be able to do the following:
Describe major items on a paycheck
Classify types of paycheck deductions
Identify major spending categories
Explain the basic budgeting process
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Module 05: Financing a college education
When you're done with these lessons, try the quiz: HTML view .
Lesson 05-01: Costs and benefits of college
Learning objectives. By the end of this video, students should be able to do the following:
List main components of the cost of college
Explain the meaning of opportunity cost
Describe the statistics on earnings and educational attainment
Explain the pitfalls of relying on the mean/median
List best practices for maximizing the return on your college education
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Lesson 05-02: Financing college
Learning objectives. By the end of this video, students should be able to do the following:
Distinguish between gift aid and loans
List types and sources of gift aid
List types and sources of loan funds
Explain strategies for maximizing gift aid
Describe techniques for minimizing college costs
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Module 06: Time value of money, investment, and borrowing
When you're done with these lessons, try the quiz: HTML view .
Lesson 06-01: Money, time, and interest
Learning objectives. By the end of this video, students should be able to do the following:
Explain the meaning of interest rate
Calculate basic interest amounts
Describe the nature of compound interest
Calculate interest over multiple compounding periods
Describe how interest works for you (against you) in investments (loans)
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Lesson 06-02: Debt and credit cards
Learning objectives. By the end of this video, students should be able to do the following:
Describe the basic features of credit cards
List statistics on credit card debt in the US
Explain major types of credit card fees
List benefits of credit cards
Calculate monthly interest and length of time to pay off debt
Describe how to use a credit card to your advantage
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Assessments
Acknowledgements
I am grateful to all the people who provide vast amounts of liberally licensed media available for reuse with minimal or no restrictions.
In particular, I have used a lot of public domain, Creative Commons CC0 and CC-BY-SA 3.0 licensed media, sourced from Wikimedia Commons and Pixabay . Attributions are noted at the end of the videos, as needed.
I am indebted to the multitude of open source software projects that I rely on for my computing needs, including the making of this course. In addition to the operating system stack provided by Xubuntu , I have relied on the Gromit-MPX annotation tool, OpenShot Video Editor , VLC media player , MPlayer media player , SimpleScreenRecorder , avconv video converter, and LibreOffice .
I am also grateful to Rowan University for encouraging me to create this course.