Providing your children a practical youth financial education course is
now more important than ever.
Whether your children are going to attend a community college or a big-name University, we are giving our kids lots of 'school subject' smarts but not
'real world, improve my life on all levels' smarts. The sad thing is, everyone
needs a money education but as you can see from recent news headlines, very few
have received practical financial knowledge when they were younger. Most people
today still learn about money the hard way - instead of getting the money education, they need to avoid those mistakes.
Teaching financial literacy to young adults before they leave home is an important part of preparing our children for the complex financial system that
we now have. Repetition of the 'money education' lessons they pick up at home
or in school will help your kids get a better grasp of youth financial
education lessons that will make a true difference in their life.
Before choosing a youth financial education or a money education course
for your children make sure to select the one that will provide them practical
guidance.
- Meets National Financial Literacy Curriculum Standards. Although some
of the standards may not be considered 'practical' it will narrow down the
potential providers of a youth financial education product for your child.
When reviewing the course ask yourself 'Does this youth financial
education course delivers its content in a fun, entertaining way?' If it meets
most of the National Financial Literacy Curriculum standards and focuses on
delivering practical information in an entertaining way - this may be the
course for you.
- Matches your children's learning styles. Since extensive research
shows we all have different learning styles find one that best fits your
child's learning style.
If they are auditory learners you may want to give them a money education
course that offers audio recordings or that takes place in a classroom setting.
If they are more hands-on type learners then find a youth financial education
course that has a lot of activities. Leveraging their learning style helps to
lock in the know-how and provides an experience all learners can enjoy.
Greater depth, understanding, and reinforcement. By combining media,
quick notes, interactive tools, videos, guides, and more - students can use whatever
works best for their personal learning styles.
- Provides relevant, timely content. The financial world is changing
faster than ever before. Be sure to choose a youth financial education course
that stays up with today's times.
If you review a money education course that shows you how to write a
check - throw it away. That is way behind the times and we need to focus our
money education on topics today's youth will relate to and implement. On the
other hand, if you review a financial literacy course that focuses on helping
your children to leverage technology to manage their finances - that will be a
course you want to look into deeper.
Bottom line - we need to provide our children a practical youth
financial education course before they head out into the real world. Be sure to
give your children the advantage that many of us wish we had growing up.
Credit: Vince Shorb

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