10 Reasons Why Schools Should Be Teaching Financial Literacy To Our Kids Thanks to guest writer Krisca C. Te for working with me to develop this feature post on the importance of financial literacy education for our high school and college students. In the past, a teacher telling kids how to spend their allowance money might be promptly put in her place by the PTA. Money matters were personal, and to be kept within the family. The need to educate our kids about money is simply greater than ever. They don’t know enough. These resources provide support for, and excellent reading on, many of the above issues: What do you think? Krisca C. Related Posts (if the above topic is of interest, you might want to check these out):11 Reasons Why Every College Student Needs a LinkedIn PageFacebook in the Classroom. About Kelly Walsh Kelly Walsh is Chief Information Officer, and an adjunct faculty member, at The College of Westchester in White Plains, NY and is the founder and author of EmergingEdTech.com. Print This Post
Planwise - Free Online Personal Finance Decision Tool WebQuest.Org: Home A Beginner's Guide to Economic Indicators Q: I'm constantly hearing about economic indicators in the news, but I'm never sure what they're talking about. What are economic indicators and why are they important? A: An economic indicator is simply any economic statistic, such as the unemployment rate, GDP, or the inflation rate, which indicate how well the economy is doing and how well the economy is going to do in the future. As shown in the article "How Markets Use Information To Set Prices" investors use all the information at their disposal to make decisions. If a set of economic indicators suggest that the economy is going to do better or worse in the future than they had previously expected, they may decide to change their investing strategy. To understand economic indicators, we must understand the ways in which economic indicators differ. Three Attributes of Economic Indicators Be Sure to Continue to Page 2 of A Beginner's Guide to Economic Indicators
Take Charge America | Educator Resources Personal finance skills, like reading, writing and arithmetic, need to be taught at a young age. Basic skills taught now means fewer problems with debt and credit later. Take Charge America is pleased to provide lesson plans for teachers to use with students from grades one to five. These lesson plans incorporate personal finance skills with children's books to provide a fun, well-rounded learning experience. Each grade level has 10 lesson plans for a complete unit of study. Each lesson is a PDF document that you can download which includes objectives, materials lists, worksheets and content standards. Lesson Plans: Grades 1-5 » View the first grade lesson plans now» View the second grade lesson plans now» View the third grade lesson plans now» View the fourth grade lesson plans now» View the fifth grade lesson plans now Take Charge Today » Visit Take Charge Today Now Take Charge America Institute (TCAI) » Visit TCAI Now
How To Improve Credit Score – Credit Report 101 INFOGRAPHIC | Your Wealth Puzzle To Share it, simply copy the code below and paste it on your site. YourWealthPuzzle.com has come up with good tips on how to help build credit rating quickly. We hear so often, people who want to know how to build credit. This, easy to follow road map, is the direction of success. It’s great to build credit, if it’s good credit of course. There are a lot of other common questions that we get that that we answer for you on our roadway map to success, such as: Can an installment loan build credit? Our path to freedom will tell you how to build credit rating. Be Sociable, Share! Genocides In History There is a long list of genocides committed through the ages in various parts of the world. Genocides had occurred as far back as biblical times. The Old Testament mentioned the genocide of the Amalekites and the Midianites. In the Third Punic War (149-146 BC) during the destruction of Carthage, a type of genocide called gendercide occurred where all the men in the group is killed and the females are forced to live with the conquering army. Some scholars, believed many acts of genocide were committed in the Americans against the aborigines and native americans in the 1400s by Europeans and their descendants. In Argentina, a military campaign called Conquest of the Desert took place in 1870 to purge the aborigines from Patagonia located in Argentina and Chile because they refused to submit to the government. In the War in the Vendée (1793–1796) that took place in France during the French Revolution, which is considered by an author of history to be the "First Modern Day" genocide.
Money Lessons: A Guide to Financial-Literacy Resources Helping your students get a handle on finance doesn't have to take up a big chunk of your school year, especially if you have the right lessons at your fingertips. Whether you teach fourth-grade social studies, seventh-grade math, or high school economics, chances are you can begin online to plan a money-management class. From downloadable lesson plans that take up one class period to online games that teach key concepts, Edutopia has found the Web resources that can get you started. Elementary School On the Federal Reserve Bank of New York's Education page, you'll find the Econ Explorers Journal, a workbook designed to help elementary school math students understand money. The National Council on Economic Education (NCEE) offers the EconEdLink Web site, which includes dozens of free, downloadable lesson plans for K-12 students. Middle School Middle school math teachers can teach basic financial literacy using a downloadable, four-lesson math-curriculum supplement called Money Math.
Department of Development | Entrepreneurship and Small Business Home Welcome to the home of the Small Business Development Centers of Ohio . Recognizing the vital role entrepreneurs play in Ohio's economy, we work in partnership with a broad network of public and private partners across Ohio to provide the information, assistance, and advocacy that facilitates small business growth and development. We support Ohio's businesses with 500 or fewer employees by creating opportunities to expand financial literacy, access to capital, entrepreneurial skills, and providing the coaching they need to succeed. Through the state's network of 41 Small Business Development Centers, more than 9,400 clients were served in 2010. Great-West Great-Teachers Personal Financial Education Program Overview Whether it’s called financial literacy or money management, young people need to know how to balance a checkbook, save for future needs and get the most for their money. Personal Financial Literacy is a mandatory requirement in Colorado schools. As required by legislation enacted in 2008, new Personal Financial Literacy Expectations for grades P–12 were implemented in Colorado schools on December 10, 2009. The revised Personal Financial Literacy Expectations are intended to provide students with the essential knowledge and skills that will enable them to: Manage savings, investment and checking accounts Design and maintain a household budget Manage personal debt and personal credit options Understand consumer credit and finance Understand short-term and long-term investment options Develop and evaluate risk-management strategies Great-West Great-Teachers Program Continues to Evolve In 2013, the PFL grant program started to change.
Life Foundation | Lessons & Workshops | Life What do your students know about life insurance and how it works? Print and distribute the unit quiz, or have students go to www.scholastic.com/nextgeneration/students to take the interactive version of the quiz and print their answers. Students evaluate the financial standing and future obligations of a couple with two children and determine if their life insurance policy will enable them to meet their future financial needs and goals. Student Activity: Better Safe (PDF) To help them understand the purpose of life insurance, students will brainstorm portraits of fictional characters and then examine their financial obligations to assess how these responsibilities would be met if the character passed away. Student Activity: Who Needs Life Insurance? The Educator’s Guide, which includes tips for implementing the featured lessons and background information on life insurance, can be downloaded by clicking below.