- Budgeting
- Cash Management
- Consumer and Mortgage Loans
- Debt and Debt Reduction
- Time Value of Money 1: Present and Future Value
- Time Value of Money 2: Inflation, Real Returns, Annuities, and Amortized Loans
- Insurance 1: Basics
- Insurance 2: Life Insurance
- Insurance 3: Health, Long-term Care, and Disability Insurance
- Insurance 4: Auto, Homeowners, and Liability Insurance
- The Home Decision
- The Auto Decision
- Family 1: Money and Marriage
- Family 2: Teaching Children Financial Responsibility
- Family 3: Financing Children’s Education and Missions
- Investments A: Key Lessons of Investing
- Investments B: Key Lessons of Investing
4. Teaching College Students and Older Children
The prophet Alma further counseled his sons:
Counsel with the Lord in all they doings, and he will direct thee for good; yea, when thou liest down at night lie down unto the Lord, that he may watch over you in your sleep; and when thou risest in the morning, let thy heart be full of thanks unto God; and if ye do these things, ye shall be lifted up at the last day. (Alma 37:37)
How do we get closer to God to help with our challenges? Things to teach this age group include:
- Teach them to counsel with the Lord in all they do
- Be thankful for their blessings
- To continue to learn to serve and give, and
- To expect financial setbacks and challenges, but to know that setbacks and challenges produce growth of character.
Other truths include:
- Encourage the development of habits of frugality and discipline
- Teach them how to save and invest wisely, and
- Encourage them to maintain the habits of goals, budgeting, and earning as much as they can.
When helping children financially for education, give them money for necessities, rather than for consumption spending, and hold them accountable for the money given.
