Module Key Topic

Personal financial planning is a lifelong process and student-athletes are guided through the specifics of it in this module. Student-athletes will be making financial decisions all their life; sometimes they will foresee situations and plan deliberately, sometimes, well, things just happen, and they will be forced to make instant decisions. Creating their financial game plan means making deliberate decisions now that will allow them to get closer to their goals while reflecting the realities of being an athlete. The module is divided into twelve separate sessions with each session addressing a key area of the module’s theme.

Module Learning objectives

• Personal financial planning helps you design your financial future. The earlier you start, the better off you are.
• The circumstances and characteristics of your life as an athlete, influence your financial concerns and plans.
• The financial planning process involves figuring out where you would like to be, and where you are and creating a plan to get you there.
• Your personal financial plan should adhere to your personal values and mission, and it should reflect the legacy you want to leave behind.
• Needs refer to necessities. Wants to refer to things you would like to have – something not absolutely necessary for your survival but which can add comfort and pleasure to your life.
• A budget is a plan for how to handle your money and it serves as a roadmap to give you the money you need to live the lifestyle you want.
• Saving money is the cornerstone of a financially secure lifestyle. Saving allows you to build a foundation for establishing future wealth.

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.