module 1-a: welcome to camp · c) dream boards - physical picture of your future 5. positive afﬁ...

© The Money Camp, 2004 —

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Module 1-A: Welcome to Camp

Teaching method:

PRE-CAMP ACTIVITY: Decorate name tags

1. INTRODUCTIONS—Instructors and volunteers

2. VISUALIZATION - The older person in you is depending on you right now!

3. Setting the stage

a) ACTIVITY: Decorating the Roomb) ACTIVITY: First Impressionsc) ACTIVITY: Look at Me Gamed) Financial FREEDOM Playbooke) Money Animal - page 6

ACTIVITY: Money Animal Groups

ACTIVITY: Four Corners

4. Money Camp Code of Honor - page 7

5. Three realms of knowledge - page 8

6. “Road map” with the week detailed - page 9

7. Participants read and sign Camp Agreement - page 10• Read quote, “In order to succeed, we must fi rst believe we can.”• Explain the concept of a “contract”.• Explain reading everything before signing one’s name to any document.

8. Have a discussion about Choices

9. How to get Moola - page 11

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— © The Money Camp, 2004

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Module 1-B: It’s All About Choice

Teaching method:

1. Discuss Parent Question - Why did your parents want you to come to Money Camp (responses).

2. Compare Money to Baseball

3. The Millionaire Exercise - page 14 (explain relationship between fi nancial freedom and being a millionaire):

4. Money Quiz - page 15

5. Money Beliefs Activity (10 minutes): Can be done in groups or 2 or 4 or individually. Answer questions on Page 16 and identify beliefs about money:• Their beliefs• Their parent’s beliefs• Their friend’s beliefs

6. Answer these questions, “Rich people are.., Poor people are...

7. Common beliefs - Ask them if they’ve heard any of the following sayings...

8. Facilitate class discussion about fi nancial independence (freedom) vs. fi nancial dependence.

9. Two life options to choose from (visualization exercise)

SCENARIO #1: FINANCIAL DEPENDENCE

SCENARIO #2: FINANCIAL INDEPENDENCE

LUNCH


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Module 1-C: Imagining Your Future

Teaching method: Take fi ve (5) minutes to breathe and calm down after lunch.

1. The A-B-C game: Pages 17

2. CLEAR, CLEAR game (optional - do with older kids and adults) - Reprogramming your computer. Your brain believes what you tell it.

3. Setting Goals - pages 19-20

4. Manifesting your future - being the architect instead of the fi reman!a) Affi rmations - written and spoken wordsb) Visualizations - mental pictures using your powerful imaginationc) Dream boards - physical picture of your future

5. Positive Affi rmations - Page 21 - can be written and said out loud a) Personal b) Positive c) Present tense (now, not later) d) Practical

6. Introduce the Declarations - page 123 Read with hands over heart, standing, feeling vibration in the hand. Do this at least once a day during camp.

7. Visualization

a) Thumb exercise- illustrates the power of the mindb) Basketball Free throw story c) Everything that was made or created by people had to be imagined fi rst,

e.g., Velcro, zipper, etc.d) Importance of day-dreaming - Mental Moviee) Recommendation of book, Tortoise Mind, Hare Brain book for adultsTortoise Mind, Hare Brain book for adultsTortoise Mind, Hare Brain

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Module 1-D: Creating Your Future

Principles/concepts and Student Objectives the same as 1-C

Teaching method:

1. BE • DO • HAVE - page 23 Most folks get it backwards. They’ll say: “If only I had ‘enough money’, I could do whatever I want. Then I’d be happy”.

Instead of this way:

“I’ve made the decision to be happy. I’ll do whatever it takes to provide great customer service” The result: More than ‘enough’ money.

2. The Dream Board - Creating a picture of your mental movie

3. Why is it important to understand how people become successful?


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Module 2-A: Money is Energy

Teaching method:

PRE-CAMP ACTIVITY: Finger Fencing or anything fun

1. NAME TAG ACTIVITY:

2. ACTIVITY:

3. Discuss parent question (5-10 min.)

4. Reward everyone who wore Hawaiian Shirts with moola.

5. So, what is Money (and value and wealth and rich)?

6. History of Money (facilitate discussion) - optional - page 99

7. How We Value Things - page 26

8. Write “Can you Succeed Alone?” on the fl ip chart.

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Module 2-B: Financial Foursquare

Teaching method:

1. ACTIVITY: Zip, Zap, Boing

2. ACTIVITY: The Power of a Dollar - page 27

3. Discuss Abundance vs. Scarcity

4. Types basic of income: earned vs. passive. Page 28

5. The Three Pillars of Wealth - page 29

6. Financial Foursquare - pages 30-31

7. What’s Your Passion - page 32

LUNCH


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Module 2-C: The Game of Business

Teaching method:

1. Write “What do you need to start a business?” on the fl ip chart and have the kids call out things they need to start a business. Prompt them on some of the important things they might miss. There’s a list of things on the bottom of page 33 in the playbook.

2. Basics of creating and managing a business - page 33

b) Hire a lawyer to draft the ‘corporation’ papers and issue stock (explain that the public does not own this company, yet. This is referred to privately held stock).

c) Appointing a Board of Directors. Explain that the board helps direct the company, makes critical decisions, etc.

3. Funding the business

4. Transition into taking the company public which leads into the Stock Market module later on.

5. Puzzle Game - Importance of TEAM (together everyone achieves miracles)

6. If you have time, have a contest to:

7. Ethics Activity - right vs. right - page 34

8. Leverage - page 35

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Module 2-D: Money Management

Teaching method:

1. Paycheck Stubs

2. Your Money Jars: The Recipe for Financial Freedom - Page 37.

3. Wants vs. Needs. Discuss the difference between ‘wants’ and ‘needs’.

4. Money Journal - Keeping track of your money - Page 39

5. What is cost to raise a child page 40

6. Spending and Saving Plans (SSP or Budgets): keeping track of your money - page 41-42.

8. Why is it important to keep track of your money?

9. EXTRA POINTS: Get parents to either go over existing family budget or actually do one if they’ve never done one before.t


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Day Two Wrap Up

1. Review of Day Two’s lessons

2. Question for Day Three: What does fi nancial independence and retirement mean to your parents?

3. Reminder: Dream Board contest - bring in completed boards for Thursday.

4. What is Costs to Raise You. Remind them to go over page 40 with their parents.

5. Remind them about Wednesday pizza day if applicable.


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Module 3-A: Your Money in Action

Teaching method:

PRE-CAMP ACTIVITY:

1. NAME TAG ACTIVITY

2. REVIEW ACTIVITY

3. JAR ACTIVITY:

4. Parent questions

5. Ask if anyone went over the family budget the night before? How about what it cost to raise them? Give moola for participation.

6. How do we pay for things - page 43

7. Using your money - page 43

8. Other People’s Money (OPM) - page 49

9. Assets FEED your, Liabilities EAT you! - page 52

10. Major Purchases: Houses, cars, education, amortization, real cost with interest.

11. Good Debt vs. Bad Debt - page 55

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Module 3-B: Smart Spending

Teaching method:

1. AFTER BREAK ACTIVITY

2. Trading your time for stuff

3. Advertising methods: How advertisers attempt to sell you a product - use video of ads if available - age 58.

4. ACTIVITY - Get into groups of 4 and using page 58 have kids come up with as many ads as they can for each of the categories. They are allowed to use the same ad in more than one category and are allowed to put more than one ad in each category. Give them about 5-7 minutes, ask for some examples, and then have them count how many each group had. The group with the most gets a prize.

5. ACTIVITY - (optional) Get into groups of 4 and have kids come up with slogan for the new company they started earlier.

6. Economics — Supply and Demand - page 59

7. Real cost of goods and services - Nike example, page 60

8. Status cost—how much extra are you paying for the brand name, etc.

9. Value—wedding costs, bottled water, alternatives

10. Discussion Questions:

11. Give examples of someone they know who had diffi cult choices. Consequences?

LUNCH


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Module 3-C: Your Money at Work

Teaching method:

1. WEALTH FORMULA - page 61-62

2. Simple vs. Compound Interest - pages 65-66

3. The Rule of 72 - page 68

4. Risk vs. Return - page 69

ACTIVITY: Monkey Wants a Corner

5. How to manage risk - page 70

6. Difference between saving and investing - page 71

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Module 3-D: Money Working Hard

Teaching Method:

1. How do you get started saving and investing - page 72

2. Types of Accounts


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Day Three Wrap Up

1. Review of Day’s lessons

2. Parent question for Day Four: What were your parent’s best and worst fi nancial investment decisions?

3. Pass out Field Trip Handout with all information regarding the handout on it. You may want to create a place on your handout for a parent’s approval signature signifying that the child will be attending the fi eld trip. If you have the fi eld trip lined up prior to camp, it’s a great idea to include this information into the Parent Packet that goes out prior to camp.

4. Remind campers to bring in their completed Dream Boards for Thursday.

5. Financial Freedom Day: wear green and white or some other color combination you choose.


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Module 4-A: Taking Stock

Teaching Method:

PRE-CAMP ACTIVITY

1. NAMETAG ACTIVITY

2. REVIEW ACTIVITY

3. JARS ACTIVITY

4. Parent questions - What was your parents’ best investment decision? What was their worst investment decision?

5. Taking a company public

6. How stocks make you money - page 77

7. History of the Stock Market

8. Activity: Let’s pick stocks (optional)

9. How to read a stock report - page 79

10. Things to look for in a company

11. Explain an Index

12. Mutual Funds

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Module 4-B: The Game of Real Estate

Teaching method:

1. Basics of Real estate investing page 81

2. ACTIVITY: The Real Estate Play - pages 82-83

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Module 4-C: Assessing Your Assets

Teaching Method:

1. Introduce the concept of a personal fi nancial statement and net worth.

2. ACTIVITY: Create a personal fi nancial statement. Walk them through creating their own fi nancial statement, letting the kids make up amounts for assets and liabilities.)

3. What fi nancial freedom or retirement might look like, i.e., how do I pay my bills if I’m not working - page 85-86

4. How insurance protects your health, family and assets (optional) - page 87

5. The Power of Philanthropy - page 88

6. Job Ideas - page 89 - Have the kids brainstorm ideas for earning money during the summer or school year and what they would need to do to make the ideas work.

7. Summer/Fun goals - page 90 - Have the kids walk through the goal setting questions.

8. Financial Freedom is Your Choice - page 91

Pull off the “Financial Freedom is your choice (choose it or lose it!)” principle off the the wall.

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Module 4-D: It’s a wrap

Teaching method:

1. Take post exam

2. Student Evaluations

3. Explain Parent Evaluations needed for Friday’s Field Trip

4. Go over Friday Field Trip itinerary.

5. Dreamboard contest

6. OPTIONAL ACTIVITY: Fly swatter game.

7. Add up points (Money Camp Moola) and award prizes - page 93

8. Graduation ceremony

9. Camp picture: Have everyone put on their Money Camp shirts and take a camp picture.

10. Remind them to wear their shirts for the fi eld trip.

11. Remind them to take their dreamboards home.

12. Have the kids get into a huddle with you closely and get very serious with them. Bring out a real dollar and hammer in the fact that they have one chance to put each dollar they get to work for them or the power of that dollar is gone.

13 Write the following on the board and have them repeat each one three times.

Financial Freedom is my choice

14. Clean up camp space and go home!


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module 1-a: welcome to camp · c) dream boards - physical picture of your future 5. positive afﬁ...

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