Yes. I’m sure you’ve heard.
The Kansas House of Representatives introduced a bill about two weeks ago requiring a personal financial literacy program as a requirement for high school graduation. Not a bad idea at all. Of course, later amendments to the bill dropped the graduation prerequisite and added the requirement that schools teach “the importance and execution of an effective professional handshake.”
So . . . look out, global economy. Meet a kid with a firm grip and who looks you square in your eye? You know that’s a Jayhawk.
All semi-kidding aside, the intent of the Kansas House was spot on. Kids do need to a strong knowledge of economics and personal finance. Lucky for them April is Financial Literacy Month.
If you’re in the need of some financial literacy ideas, Read more
What I know about economics and personal finance? Think of the smallest possible measuring container and what I know about economics and personal finance would probably come close to filling that container.
Think of that Sam Cooke song – “Don’t Know Much About History.” Replace history with economics. That’s me.
I never had an official econ course in my life. Yeah. I know. If it makes you feel better, I have had some economics workshops and I know a lot of very smart economics people. (Looking at you Brian Richter.)
So this morning was a huge learning opportunity for me. Angela Howdeshell from the Kansas Council for Economics Education spent two hours with our social studies PLC group.
Angela shared all sorts of great ideas and free goodies with teachers. She highlighted some of the handy stuff on both the KCEE site as well as the national economics site.
And she shared a site I hadn’t seen before. Read more
I’ll admit it. I’m not a big fan of most personal finance classes. They usually are poorly organized, poorly taught, and are often much too long. A full year of personal finance required for graduation? Really?
But I will also admit the need for some sort of personal finance training for kids.
Credit card bills, debt, saving, and financing higher education are often not on the minds of most of your students. But the financial decisions they make today will have a long-term impact on their lives. A weak understanding of how finances work can jeopardize their ability to succeed later on in life.
The answer? Some sort of curriculum that will actually engage kids so they walk away with some applicable knowledge and skills. EverFi seems like that sort of answer.