Week 4: September 27, 2024

What we learned: 

1. Finishing the Golden Rules of Savings
2. Intro to Budgeting

Key learnings: 

• Golden Rule #4 - Stop wasting - we waste about $1,300 per person in food annually in Canada!
• Golden Rule #5 - Set a goal - having a realistic goal and following it will allow you to stay on track to responsibly spend, save and invest!
• Creating a budget will allow you to section some money off into spending, saving and investing categories.
• Short term goals = less than one year, long term goals = more than 5 years

What we need to prepare:

Everyone should bring a list of 3 short term goals they want to save for and 3 long term goals they would like to save for to our next class. Please remember to put your name on your paper!

Week 3: NO CLASS

Week 2: September 13, 2024

Hi all,

This week, we recapped our short homework task, which was to make a list of 3 wants and 3 needs. 

We began to look at the 5 Golden Rules of Savings. Today, we went through the first three, which are:

- Wait to buy what you want

- Choose wisely before spending and ask yourself: Do I need it? Will I enjoy it? Will I use it? Can I afford to pay for it twice?

- Start saving as early as possible - fun fact: if you start saving around age 10, this will increase your lifetime income by about 30%!

Next week, we will cover the last two golden rules, which are: 

- Stop wasting

- Set a goal

We will also be doing short quizzes on each rule as a class.

NO CLASS NEXT WEEK - SEPTEMBER 20

Week 1: September 6, 2024

Please scroll down ⬇️ for more information on the program.  Every week we will update this blog and the most recent update will be on the top. 

What we learned: 

1. How to keep a Balanced Life 
2. What is a Need
3. What is a Want

What they need to do:

• Come this week with a list of things you Need and another list of things you Want (It doesn’t need to be written, even if they just remember it that’s fine)

For parents:  For parents who are also interested in learning about Investing or have other children who are interested in learning about personal finance, we offer online self-learning courses in several languages.   Please click the language you are interested in to see the program.  We have numerous parents who choose to level up their money knowledge while their kids are learning. 

Learn Investing in: English  French   Spanish  Arabic  Mandarin

Learn Personal Finance: English French Mandarin Spanish

Introduction to the program

Welcome to Camp Millionaire - an internationally recognized program that teaches early financial literacy to kids. 

Our company was founded by a Giles Alumni!

It's pretty exciting to be back at Giles! The company was founded by a student who was only  in Grade 4 at Giles.  From our humble beginnings on a desk in Giles where the incredible teachers helped her, the idea grew into a company that has offered financial literacy education to more than 10,000 kids! We are not shy when telling the world what an incredible and empowering education is offered at Giles. Read more about our incredible co-founder here. 

For parents:  For parents who are also interested in learning about Investing, we offer online courses in several languages.   Please click the language you are interested in to see the program.  We have numerous parents who choose to level up their investing knowledge while their kids are learning. 

Learn Investing in: English  French   Spanish  Arabic  Mandarin

Learn Personal Finance: English French Mandarin Spanish

This blog will provide both students and parents with a view on what was covered and any tasks they may have at home.  Please book-mark this page so you have it handy. 

About the program:

Personal Finance was created to enable Elementary and High School students get money smart.  The program is tailored for kids at their age. Through this program they will not only learn the basics of Savings, Budgeting and understanding Debt, they will also dive deeper into money matters by learning about Banking, Mortgage, Insurance, Identity Theft and so much more!   

About the Instructor: 

The instructor for this program is Mahveen Khalil. Mahveen has been teaching our programs in schools for more than a year and is very much loved by the students. She is studying psychology at the University of Toronto. She has lived in more than 4 countries and brings a very international perspective to her classes. She is also extremely money savvy. 

She can be reached via email: Mahveen@explorerhop.com

 Outline of the course (this may change a bit based on the pace of the course):