EMMA

This class will have lecture and open discussion on a variety of topics concerning money and economic systems. Current events will add to our weekly discussions. Hands-on activity examples include creating spreadsheets, internet research, stock market simulators, tax returns and tax software; identity theft, online scams and phishing research.

Threre is no homework in this class.

Topics for the year include, but are not limited to the following:

Making Money

    Employment

    Starting and running a business

    Federal, state, and local government effects on your money

Investing Money

    Stock Market 

    Stocks, bonds, interest & dividends, mutual funds, index funds

    Savings, CD (certificates of deposit)

    Stock Market simulator

    Net Worth

Protecting Money

    Tax saving strategies 

    Past, present, and future tax law implications

    Financial Risks and Protections

    Insurance (Life, Health, Home and Auto)

    ID theft, online scams, phishing attempts, AI reliability

Money Management

    Automated savings, bill pay, and investments

    Accounting Basics-Assets, Liabilities, Expenses

    Dealing with unexpected expenses -Health, Home and Auto

Debt and Bankruptcy

Retirement

     IRA, Roth IRA, Annuities

     Income vs growth investments

Federal Reserve 

     What is it and what does it do? 

     How does it affect your money?

Hillsdale College Topics

     Understanding capitalism

     Supply-Side Economics and American Prosperity

     Economics 101: Principles of Free Market Economy

Ideologies and their effects on money and economic activities

     Capitalism, Marxism, Socialism and Communism