# Objectives:

* Understand the importance of budgeting, saving, and investing for long-term financial health.
* Learn how to create a personal budget and set financial goals.
* Develop strategies for managing debt and building credit.
## Materials:

* Budgeting templates (printed or digital).
* Handouts on financial concepts such as savings accounts, credit scores, and investment options.
* Calculator or financial planning apps for interactive exercises.
## Activities:

1. **Introduction to Personal Finance (15 minutes)**
  * Discuss the key aspects of personal finance: budgeting, saving, investing, and debt management.
  * Group discussion: Why is personal finance important for young adults?
1. **Budgeting Exercise (25 minutes)**
  * Students will create a monthly budget using a template provided.
  * Activity: Calculate income, expenses, savings, and adjust the budget as needed.
1. **Saving and Investing 101 (20 minutes)**
  * Teach the difference between saving and investing, and introduce the concept of compound interest.
  * Activity: Calculate how savings grow over time with interest.
1. **Managing Debt and Building Credit (20 minutes)**
  * Discuss credit scores, student loans, and credit cards.
  * Case Study: How debt affects financial health and how to build good credit.
1. **Wrap-Up and Goal Setting (10 minutes)**
  * Review key takeaways and guide students in setting their financial goals for the next year.