Collegiate Athlete Financial and Life Skills Program: Financial Psychology (Module 2)

Explore this module which delves into the psychology behind athletes' financial behaviors, how societal and cultural factors influence their financial decisions, and ways to develop a healthy relationship with money.

Collegiate Athlete Financial and Life Skills Program: Financial Psychology (Module 2)

Explore this module which delves into the psychology behind athletes' financial behaviors, how societal and cultural factors influence their financial decisions, and ways to develop a healthy relationship with money.
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About the Class

Module Key Topic

Financial psychology relates to our behavior toward personal finances and financial decisions regarding money, budgeting, investing, and so on. Family, society, and culture play a huge role in the development of the athlete’s financial psychology. Money is a social tool and our attitudes, beliefs, and practices connected with it, are heavily influenced by the people who surround us. In this module, we discuss how the pursuit of money is all about trying to meet either emotional or psychological desires and identifying these desires will give student-athletes greater control over their financial behavior. The module is divided into seven separate sessions with each session addressing a key area of the module’s theme.

Learning Objectives

Upon completing this module, student-athletes will:

  • Understand that financial beliefs and behaviors are influenced by psychological principles, needs, wants, and environmental factors.
  • Recognize how family, society, and culture shape their financial behavior.
  • Realize the impact of their financial beliefs and emotions on spending and saving habits.
  • Develop the skills necessary to change negative financial behaviors, understand their money personality, and build strong financial skills.
  • Seek support and resources to resist societal pressures and expectations regarding financial behavior.
  • Utilize their athletic strengths to overcome financial setbacks effectively.

Module Time Frame

Each session video runs an average of 7 to 8 minutes and students will need approximately another 10 minutes to complete the session exercises.

Materials given with purchase

  • Access to teaching videos for each session of the module
  • Downloadable student workbook for each session of the module

Session Completion

Each session will need to be completed to allow the student to go to the next one.  Upon completion of the entire module, the student will receive a certificate of completion.

Author

Sports Financial Literacy Academy

School

Sports Financial Literacy Academy

SFLA
We are a group of experienced sports financial advisors and educators, committed to ensuring that sports professional athletes achieve financial freedom through full monetization of their passion for sports. Our team of experts possesses in-depth knowledge of both the sports and financial industries and has teaching and educational expertise.

Requirements

There are no specific prerequisites for this module. It is open to all collegiate athletes who are eager to enhance their financial and life skills.

Subscription
$59
per year

What's Included

Language: English
Level: All levels
Skills: Psychological Financial Awareness, Cultural Financial Literacy, Financial Resilience Building
Age groups: 18-24 years
Certificate: On completion
Duration: The total duration of this program is approximately 2 hours.
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