Financial Literacy 101, the Class They Should Have Taught

One of my most enduring memories from high school is that in almost every class I attended, it didn’t matter what the subject was, there was always some smarty pants who would say to the teacher “I just don’t see how this will help me later in life”. Its funny how the teachers never really gave them a satisfactory answer. I would really love to go back, and review the subjects I learned back then just to see how insightful those kids were. To see how much of what I learned back then has helped

Financial Literacy – Did You Learn This At School

In high school, there’s always one wiseacre who loves to get on the teacher’s case, making jokes about how useless the material will be in practical life. “Will I ever use this skill?” he asks, smirking all the way. It didn’t matter which class or which subject, the question always seemed to pop up at the wrong moment, causing the frustration of any teacher. I would really love to go back, and review the subjects I learned back then just to see how insightful those kids were. To see how much o

Financial Literacy - Did You Learn This At School

Thinking back over my days in high school, I remember the presence of some character in every class who was constantly asking the teacher, “How will this be useful for me in my life out of school?”. No matter the class, no matter the situation, the question would arise, to the disbelief and annoyance of the teacher, who never really gave an answer. I would really love to go back, and review the subjects I learned back then just to see how insightful those kids were. To see how much of what I

A Case For A Financial Literacy Class

Thinking back over my days in high school, I remember the presence of some character in every class who was constantly asking the teacher, “How will this be useful for me in my life out of school?”. No matter the class, no matter the situation, the question would arise, to the disbelief and annoyance of the teacher, who never really gave an answer. What a great exercise it would be, to find out what exactly turned out to be useful from each class, and in which cases those troublemakers were ri

The Dangers of Financial Illiteracy

Financial illiteracy is a growing problem throughout the world, and as the recent housing crisis has brought to light, it can have dangerous consequences. There are a few basic financial tips that everyone can use to increase their financial literacy the easy way, and many of these tips can help you save thousands of dollars over a period of just a few years. Let’s take a look at what you need to know: 1. Checking accounts must be balanced. If you are not taking the time to balance your c

Smart Money Management

Smart Money Management

Smart Money Management unveils the concerns of financial literacy that have plagued our communities. Ramsey addresses challenging issues and uses scriptural references and parables that coincide with our daily living. Beginning with the parable of the unjust steward and ending the book with the Gospel of Matthew on stewardship, Ramsey offers a biblical solution for Christian stewardship in the 21st century. He addresses both the ministry and professional angle to provide a good balance of practical advice for all settings.

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A Case For A Financial Literacy Class

Thinking back over my days in high school, I remember the presence of some character in every class who was constantly asking the teacher, “How will this be useful for me in my life out of school?”. No matter the class, no matter the situation, the question would arise, to the disbelief and annoyance of the teacher, who never really gave an answer. I would really love to go back, and review the subjects I learned back then just to see how insightful those kids were. To see how much of what I l

Let ‘em learn some personal finance

I'm not in the habit of disputing my betters--in this case, a much better--but I beg to disagree with Greg Mankiw's conclusion in Redefining High School Economics. Professor Mankiw notes that the California legislature is considering a bill mandating that one-half of the state's high school course in economics focus on personal finance and financial literacy. Professor Mankiw opposes such a requirement on the grounds that personal finance is less important than the principles of economics: