As the money management classes eventually ended, however, her final goal was for each member of the group to reach the “Skills and Concepts” level on the ladder of understanding for this topic.
Rochelle understood that this group of individuals would be best helped if she could provide them with ongoing support. As the money management classes came to an end for this group, she held a celebratory brunch to congratulate everyone – and provided them with certificates of completion.
In the end, she chose to continue offering follow-up classes at the beginning of each month, so that they could retain everything they learned via the program they just completed.
For many teens and young adults, today’s economy has made finding a first job very difficult. Nowadays many employers require—or at least prefer—that their new hires have a college degree, even at entry level. Taking money management classes may be a good idea to help youth gain important skills for successful résumé writing and interviewing.
The National Financial Educators Council (NFEC) has just such a personal finance class. This organization is an independent group with a social enterprise focus, dedicated to improving the financial capabilities of America’s youth. The NFEC recognizes that locating and securing employment is a big part of becoming financially independent.
In their personal finance class, which are available for all ages and socioeconomic groups, the NFEC lays out the following tips for developing a great résumé:
- List your accomplishments at previous jobs, not your tasks.
- Don’t list your hobbies unless they’re directly relevant to the job you want.
- Avoid identifying religious or ethnic affiliations (or risk unintended discrimination).
- Keep your résumé short and simple—limit to one page, if possible.
- If you’re short on job experience or have gaps in employment, list your volunteer work, self-employment, and/or school to fill in the gaps.
- If a previous job title fails to capture your true responsibilities, add a more descriptive title. For example, you might say Clerk (Retail Customer Service Specialist).
The NFEC’s approach to teaching money management for teens is holistic, meaning their curriculum covers every aspect of money skills – from one’s emotional relationship with money through long-term planning for retirement. Getting a dream job is an important topic in these programs because, when young people get jobs doing something they’re passionate about, their employment experience becomes that much more rewarding and fulfilling.