Set yourself up for financial success while learning in a supportive and beginner-friendly space
About
This 5-week program aims to empower students from equity-seeking groups and the BIPOC community with the ability to navigate barriers and understand their personal finances within current socio-economic structures. The series will also give students the opportunity to ask questions and demand change for greater access and equal opportunity to financial literacy knowledge.
Have you ever wanted to invest, but didn’t know where to start? Do you have financial goals that you want to reach, but don’t know what steps to take? The Wealth Building Sessions will dive into relevant topics such as foundations of financial literacy, entrepreneurship and side hustles, investment 101, cryptocurrencies, personal finance management, debt reduction, budgeting and future planning. This promises to be a once-in-a-lifetime experience and a unique way to learn about personal finances and community wealth building!
Dr. Radha Maharaj a.k.a. Dr. M. will be leading this exciting 5-part workshop series and sharing her considerable economic and financial literacy knowledge and life experience with students in an engaging and activity-based format.
Set yourself up for success while learning in a supportive and beginner-friendly space.
U of T students who complete all sessions will receive CCR approval, Certificate of Completion. Limited Space Available.
Sessions
Back to Basics: Foundational Principles of Finance
In this module participants will review the building blocks necessary for establishing a strong financial base. In so doing participants will study the financial behavior and concepts required to establish a positive net worth. International perspectives on financial literacy and financial practice will also be discussed.
Get your Side Hustle On: Entrepreneurship
This module will cover entrepreneurship competence and opportunity identification competency. Participants will explore the entrepreneurial mindset and requisite communication and leadership skills required to be a successful entrepreneur. Participants will learn the importance of creating and maintaining effective business plans.
Investment 101
Investing is a core aspect of building a strong financial base. In this module, participants will engage in a simulation to build their own portfolio. Through the simulation participants will learn to find stocks and perform various trades. The simulations will provide participants a cursory understanding of the risks and rewards of dealing with the stock market.
Cryptocurrencies for beginners
In this module participants will examine the difference between fiat and fiduciary money. This will set the foundation for understanding how blockchain technology enables cryptocurrencies and non-fungible tokens (NFTs) to be used as a medium of exchange.
Planning: Personal Finance Management
In this module participants will develop their own financial plan to meet their short, medium, and long-term needs. In the process of financial planning, participants will review and learn budgeting and debt reduction strategies that are pertinent to their current stage of life.