GRS Home  Forum Home
Bank Rates Center
   Savings Account Rates
   Money Market Rates
   Highest CD Rates
Insurance Rates Center
  Auto           Health
   Life              Home
Mortgage Rates Center
  Mortgage Rates
  Mortgage Quotes

Last visit was:
A place for Get Rich Slowly readers to ask questions
and exchange ideas
It is currently Thu Jul 31, 2014 4:29 am




Post new topic Reply to topic  [ 5 posts ] 
Author Message
 Post subject: Help with a program to teach Financial Literacy Elem/JH age
PostPosted: Tue Jul 26, 2011 1:16 pm 

Joined: Tue Jun 28, 2011 10:21 am
Posts: 26
While kicking around ideas for community involvement with my employer (a bank within our community) I mentioned that financial literacy started early and that I would love for us to begin teaching the youth in our community about it.

For right now the program is Wide Open. As in we have the go ahead to talk with someone on the school board about it.

Is anyone invovled in anything similiar in your communities?

Any resources you would recommend?

What do you say we cover?

Recognizing different denominations of currency? How a savings account works? What interest is? I know this may all vary depending on ages.

I am very excited to be involved with this and look forward to getting some ideas.


Top
Offline Profile E-mail   
 Post subject: Re: Help with a program to teach Financial Literacy Elem/JH
PostPosted: Tue Jul 26, 2011 6:12 pm 

Joined: Mon Nov 01, 2010 5:15 pm
Posts: 1121
If it were up to me the first thing I would drive home to these kids is to live below their means.


Top
Offline Profile E-mail   
 Post subject: Re: Help with a program to teach Financial Literacy Elem/JH
PostPosted: Tue Jul 26, 2011 6:36 pm 

Joined: Mon Feb 07, 2011 6:33 pm
Posts: 1132
Location: Illinois
What age range would you be teaching? I'd have different ideas for grade school kids versus junior high versus high school.


Top
Offline Profile   
 Post subject: Re: Help with a program to teach Financial Literacy Elem/JH
PostPosted: Mon Aug 08, 2011 8:16 am 

Joined: Thu Aug 04, 2011 3:05 pm
Posts: 3
One of the biggest concepts kids need to learn is delayed gratification. Too often kids have grown up wanting something and getting it instantly. They need to learn to set a goal and save for items they want to purchase. Doing this also teaches them that by waiting they may also find that the item isn't as important to them as they first thought.


Top
Offline Profile E-mail   
 Post subject: Re: Help with a program to teach Financial Literacy Elem/JH
PostPosted: Mon Aug 13, 2012 10:38 am 

Joined: Fri Jul 27, 2012 8:28 am
Posts: 88
I've done work with Junior Achievement, which has a good age-based curriculum that starts with recognizing money and how it is tied to work and later, investments. They also do lessons on savings, delayed gratification, the power of compound interest (both for and against), and money as freedom (that's for high schoolers).

The problem with JA, is that while good, it is really made by the middle class for the middle class - alot of the lessons are really completely absurd sounding to working class and poor kids (getting an allowance that would allow you to buy an ipod in 6 months, for example.) I'd love to see a similar program or even a new JA mission to adapt this to other groups.


Top
Offline Profile E-mail   
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 5 posts ]  Moderators: kombat, bpgui, JerichoHill, Fiscal Fitness Moderator


Who is online

Users browsing this forum: No registered users and 1 guest


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group
Theme created StylerBB.net & kodeki