Personal Finance High School: A Targeted Approach

Does presenting personal finance high school lessons match your interests? If so, then you have come to the right place. The articles here talk about the most popular topics to cover and how best to meet the needs of a youthful audience with high school personal finance training.

Most Valuable Topics for High School Personal Finance

When you seek to teach personal finance, high school aged students will benefit most from lessons that capture and hold their interest. That’s why we advise teaching topics that help them deal with the life events they’re about to encounter. For example, many high schoolers are close to moving away from their parents’ homes, purchasing a car, and/or heading off to college or university – so include these subjects in your personal finance class for high school-aged youth.

Getting youth ready to tackle the challenges of living on their own should definitely be part of the personal finance basics for high school students. If they become capable to set goals, write budgets they can stick to, buy and maintain a vehicle, meet expenses, get car and renter’s insurance, and understand credit, they’ll be more ready to deal with life’s demands.

Another topic of particular value to youth is how to fund a higher education pathway. There are various options to pay for school without ever taking out a student loan. These options are important to get across in a high school money management course, because we currently face a student loan debt crisis.

High school personal finance classes should also target those students who are about to buy a car. If they know the ins and outs of applying for credit, budgeting for a vehicle that aligns with their financial goals, and including all the hidden expenses of owning a car, they’ll be better prepared to take this big step.

Procedures for Personal Finance High School Processes

Personal Finance Basics for High School Students

The personal finance basics for high school students should impart skills that will help them confront the primary challenges most people face when first starting out. For example, when young adults first leave home, many lack the basic systems they need to establish a firm financial standing. By financial management systems, we’re talking about having the right accounts – including checking, savings, and retirement accounts and online banking service to handle funds with ease. If youth enter the world with these systems in place, they’re more likely to get off on the right foot. Young adults today even have chances to begin navigating the stock market.

Adolescents will also benefit from learning how to counter the influences of peers and advertising on their spending behaviors. Youth are bombarded with messages from the mass media, social media, and friends to get the latest styles and electronic devices, without considering whether a given purchase fits into their long-term financial plan. Teaching money skills at this level might include a counter-advertising component.

Most students never receive personal finance high school lessons. Parents don’t teach them at home, and the school system seldom mandates any such curriculum. Adolescents are particularly at risk of finding it difficult to receive financial guidance. And teens are subject to heavy pressures to spend with abandon when using cash, checks, and/or credit. Pinto, Parente, & Mansfield (2005) have shown that the age at which young people are able to obtain credit cards has been steadily dropping. If kids get access to credit before they’re capable to handle it wisely, they may be faced with a debt problem that only gets worse as they become adults.

Composition of Personal Finance High School Procedures

The NFECs’ high school personal finance programs improve student’s financial capability so they are prepared for college as they mature.  From comprehensive initiatives to material and training, the NFEC assists schools in developing financial literacy campaigns that best align with their goals while empowering students with knowledge that can benefit them throughout their life.

Today’s youth face a challenging economic future; and for many this starts with making college loan decisions before acquiring basic financial literacy skill sets.  While most students don’t receive a financial education, often the ones that do report the programs as boring and fail deliver material that is usable in the ‘real world’.

By contrast, the NFEC’s turnkey Financial EduNation Campaign provides material, training and resources that empower educators and get students interested in learning about money.  The events, curriculum, and materials are aligned with core educational standards.  Developed by a team of financial education experts, award-winning educators, and financial professionals, the NFEC package provides comprehensive high school personal finance solutions.

The NFEC offers a broad range of products and services that can be used as individual resources or combined for a comprehensive high school personal finance program. The NFEC offers the financial literacy packages in turnkey packages and has the capabilities to handle the complete design, development and implementation.  For those seeking a comprehensive high school financial literacy solutions, complete the form below.

 

High School Financial Literacy Solutions

From a simple class to school-wide campaigns, the NFEC can provide your organization turnkey solutions, or handle the entire production.  Below are some of the resources you can choose from, or have the NFEC handle the entire program design and implementation.

Financial literacy curriculum, presentations, and comprehensive coursework. Fun, engaging lesson plans that motivate students to take positive action. Designed around core education standards, the lesson plans offer practical, hands-on learning to let students reap the benefits of improving their financial capabilities.

Educator certification (teaching financial literacy). The Certified Financial Education Instructor coursework provides educators the knowledge and confidence needed to effectively teach financial literacy.  Training and testing for certification covers six topics, including: measurement, financial psychology, subject knowledge, student experience, core subject integration, bridging practical application with educational standards, and overall program design.

Multimedia learning centers. The Money XLive Financial Education Course is designed around national financial literacy standards and is aligned with the NFECs’ curriculum.  The exclusive celebrity videos contained in this learning center make the course entertaining, appealing directly to today’s youth and keeping them actively engaged in the lessons.

Interactive money management games. The Real Money Experience game gives students a glimpse into their financial future, providing hands-on experience in making the financial decisions they’ll face after graduation.  The game can be eye-opening, but takes place in a safe environment where students can learn practical money skills that apply to their future lives.

Board Games. The NFECs’ board games gives participants an engaging gaming experience based on practical personal finance information that helps participants learn and retain key lessons that they can use in the real world.

Money Management Camps.  Camp Millionaire and The Money Game are unique and highly effective multi-day workshops.  They are activity-based to ensure a dynamic environment while employing accelerated learning techniques, which address all three learning styles: auditory, visual, and kinesthetic. They integrate financial principles and concepts with modern-day economics.

Financial literacy software and applications. The NFEC is launching several new software programs that can be integrated into the overall education mix.  These are designed to provide practical financial knowledge in a format today’s youth relate to.

Financial literacy testing and measurement. The NFEC offers a wide range of financial literacy testing.  Form pre and post testing are all included in the curriculum packages.  The quizzes and tests cover three key areas of financial capability: motivation to learn, knowledge of the subject material and understanding of the first steps to take within each of the ten core subject areas.

Personal finance for educators.  The current economic situation has many of educators worried about their personal finances.  The financial stress that many educators are going through correlates directly with reduced productivity levels, increased absenteeism, low morale and their ability to teach personal finance topics effectively.

Free personal finance programs for parents. Parents play a crucial role in ensuring that our young people have solid financial skills. The NFEC provides resources that help facilitate parental involvement in the educational development of their children.

The NFEC’s broad range of products and services can be used as individual resources or combined for maximum impact. The NFEC has designed compressive tailored campaign which combines multiple strategies for organizations like Penn State Erie, the Salvation Army, schools and nonprofit organizations across the country.

The benefits of a high school personal finance programs extend beyond helping students.  The NFEC’s programs also support important the larger objectives of the school.  High schools can use the NFECs’ independent programs to raise funds, reduce student dropouts, connect with parents, build community goodwill, and attract media attention.