Module 7.1: Every decision has financial consequences

If time is money, even the decision to watch TV costs you money! Learn to consider the financial consequences of day-to-day decisions; empower yourself financially and you will be able to focus on what is important to you in life.

Competencies: Jump$tart Coalition (2015), Financial Decision Making: “Standard 1. Recognize the responsibilities associated with personal financial decisions” (p. 35); Financial Decision Making: “Standard 4. Make criterion-based financial decisions by systematically considering alternatives and consequences” (p. 38).

Introduction to American Personal Financial Literacy, a Udemy course
Module 7.1 video filmed 2016-03-08

Opportunity cost
Value of time
“Missing the forest for the trees”
Career decisions
Education decisions
Living and housing arrangements
Recordkeeping and data management
Purchase decisions
Wasting food

By Richard Thripp