SOCIAL STUDIES FOR SHS 2 (LOTT)

FINANCIAL LITERACY

Welcome to Social Studies for Form 2 at Lenizy Online College. This course covers vital dimensions of Ghanaian society, civic responsibility, and national development. Specifically, this segment focuses on Financial Literacy, equipping Senior High School Year 2 students with essential money-management skills, a clear understanding of the roles of savings in achieving financial goals, and the ability to design personalized saving plans for short-term and long-term targets. Mastering these competencies ensures students can navigate economic realities, avoid harmful debt, and contribute meaningfully to national growth. Course Structure and Outline Lesson 1: Roles of Savings in Achieving Financial Goals Concept of Financial Literacy Importance of Financial Planning for Youth Roles and Benefits of Savings in Personal Development Lesson 2: Personalized Saving Plan Based on Short-Term and Long-Term Financial Goals Differentiating Short-Term and Long-Term Financial Goals Steps in Creating a Personalized Saving Plan Budgeting and Tracking Income and Expenses Practical Challenges in Saving and Solutions