Behavioral Economic Measurements in Our Communities
Course Outline
Benefits of Financial Literacy within Behavioral Economics
27 Lessons
Please review the 27 lesson titles at the bottom section.
Research & Analysis
The U.S. Federal Reserve, outside academics, and professional survey experts produced the research and analysis.
Objectives 1-3
Labor Production Rates. Increase the labor production rates of your community by replacing inferior thought configurations and developing superior thought configurations with the practice of neuroplasticity.
Brain Cognition Skills. The lesson explores the relationship between improving brain cognition skills improves behavioral economic measurements with a focus on labor production rates.
Systemic Losses in Production. Help our communities avoid systemic losses in labor production rates.
Behavior Economic Forms
Spending Percentage Guidelines
Type of Income Sources
Irregular Income Planning
Monthly Cash Flow Planning
Savings Goals Itemized
Types of Insurances
Strategic with Personal Debt
Personal Equity and Net Worth
Main Components of a Personal Financial Plan
Importance of Financial Literacy
Holistically, the benefit of financial literacy is to empower individuals through academic knowledge and brain cognition skills so people can calculate higher-yielding behavior economic measurements. More specifically, financial literacy is important for a number of reasons listed below.
Financial Literacy Can Prevent Devastating Mistakes
Seemingly innocent financial decisions may have long-term implications that cost individuals money or impact life plans. Financial literacy helps individuals avoid making mistakes with their personal finances, such as, floating rate loans may have different interest rates each month.
Financial Literacy Prepares People for Emergencies
Financial literacy topics such as saving or emergency preparedness prepare individuals for the uncertain time periods. Losing a job or having a major unexpected expense can be confusing, stressful, and overwhelming. An individual can cushion the blow by implementing their financial literacy in advance by being ready for emergencies. Knowledge and skills to successfully navigate an environment with financial uncertainty and risk are crucial, particularly during a crisis when emotions can alter reasoning.
Financial Literacy can Help Individuals Reach their Goals
With a better understanding of how to exercise cash flow planning and expense-to-income ratios, individuals can create plans that set expectations and supplemental hope. This can hold them accountable to their finances and set a course for achieving seemingly unachievable goals.
Though someone may not be able to afford a dream or desire today, they can make a passionate plan today and see motivating progress monthly and yearly.
Financial Literacy Summons Additional Confidence
Imagine making a decision that was life-changing without all the pertinent information you need to make the best decision. Ignorance can be painful and costly. By being equipped with the appropriate knowledge about finances, individuals can approach major life choices with greater confidence realizing that they are less likely to be surprised, blindsided or negatively impacted by unforeseen outcomes.
The Plan
The plan for accomplishing the objectives 1-3 and limit the problems previously stated.
Research & Development (R&D). As a result of our R&D, I have invented teaching methods to support individuals and communities in accomplishing the objectives and limiting the problems in our community.
The Climactic Scenes. The story of Michael and Tiffany losing their potential labor productivity rates and disposable income.
Training People to Avoid the Problems. Sharing a teaching method to train people to avoid the problems in our community.
Plan for the Objectives. Sharing a teaching method to train people to achieve the objectives 1-3 stated previously.
Testimonials
Brett is a very articulate and analytical person, he is very professional and technically savvy. He knows how to motivate his employees and helps people to achieve their goals. I had examined and witnessed excellent deliverables from Brett, his deliverables are just second to none. Brett also takes his spirituality seriously, though ensures a balance of such spirituality in his professional space. I am so delighted to be working with a genius like Brett in my career!
- Sam Ojo, MBA, Director of Health and Safety at Shield Safety, Certified MSHA Instructor, Business Owner
28 Lessons
Live Teaching & Webinar
Live teaching for increased comprehension and application
Financial Literacy in Behavioral Economics
The Importance of Financial Literacy and Excitement for Life Change
Financial Research and Analysis of Our Communities
Know Essential Financial Statistics of Our Communities from The U.S. Federal Reserve and Outside Academics
Income Research and Analysis of Our Communities
Acquire the facts in our communities about levels of income, sources of income, expense to income relationships and more.
Employment Research and Analysis of Our Communities
Acquire the facts in our communities about employment regarding; pay raise, job advancement, work life balance, autonomy, career paths and more.
Expenses Research and Analysis of Our Communities
Acquire the facts in our communities about our expenses regarding; the amount of savings, cost of living increases, rent, mortgages and more.
Use of Credit: Research and Analysis of Our Communities
Acquire the facts in our communities about utilizing credit regarding access to credit, credit card usage and more
Health Care Research and Analysis of Our Communities
Acquire a brief overview of the statistics for health care in our communities
Housing Research and Analysis in Our Communities
Acquire a brief overview of the statistics for living arrangements in our communities regarding; home ownership, renting, households and more
Higher Education and Online Courses: Research and Analysis in our Communities
Acquire the stats in our communities about (1) increasing our amount of income and (2) types of income through higher education and online courses.
Labor Productivity Rate Losses in Our Communities
Within Our Communities Acquire Understanding on How Thought Configurations Affect Labor Productivity Rates
Time: Identify Losses in Labor Productivity Rates
Identify the losses in labor productivity rates regarding time and DCRR thought configurations
Money Spent: Identify the Losses in Labor Productivity Rates
Identify the losses in labor productivity rates regarding money spent
Interpersonal Skills: Identify the Losses in Labor Productivity Rates
Identify the losses in labor productivity rates regarding interpersonal relationships, health statuses (mental, emotional, physical, social)
The Plan to Accomplish the 5 Objectives
Explain Sections of the Plan to Accomplish the 5 Objectives Stated in the Lesson titled 'Labor Productivity Rate Losses in Our Communities'
Causation of the Losses in Production & Our Discoveries
Train communities to understand and prevent one of the many causations to the losses in production resulting from the DRB codes of actions
Brain Cognition Skills, Cognitive Science and DCRR Thought Configurations
See the Mechanics of Brain Cognition Skill - P8 Cognitive Reasoning & DCRR Thought Configurations through the View of Cognitive Science
Income Sources
See how brain cognition skills can increase at least one existing income source. Identify the types of income sources.
Monthly Cash Flow Planning
Improve your income-to-expense ratio and spend tactically while improving brain cognition skills. See the itemized Cash Flow Planning form as a guide or reference.
Cash Flow Percentage Guidelines
Providing individuals with a framework for allocating their financial resources across various spending categories
Saving Goals Itemized
Our Communities and Ourselves Staying Accountable and Intentional to Our Future Goals that Require Finances
Building a Credit Score
Know How to Build a Credit Score. A Good Name and Reputation is More Desirable than Riches (Proverbs 22:1)
Irregular Income Planning
Prevent Losing Momentum on Cash Flow Planning when Irregular Income Time Periods Come regarding Our Communities and Ourselves
Types of Insurances
Premiums, Deductibles and Insurance Benefits Improved with Enhanced Brain Cognition Skills
Organize Personal Debt
Organizing Debt, Assessing Types of Debt, Debt Repayment if the Minimum Payment can not be Paid. Intended for Members of Our Communities and Course Users - if applicable.
Personal Equity and Net-Worth
Improving Brain Cognition Skills Improves a Person's Personal Equity and Net-worth. Organizing our Personal Equity and Net-worth.
Main Components of a Personal Financial Plan
Know and Organize the Main Components of a Personal Financial Plan.
Glossary
Provide clear and concise explanations of key terms and concepts used in the course.