Relevant financial literacy curriculum has the capacity to equip our youth to overcome the lack of financial management that has become the unfortunate norm in our society. Most graduates are living paycheck to paycheck because they never received a proper financial education. If this is not fixed it will lead to a lifetime of financial difficulties.
Classroom instruction should mirror real life. When you are preparing financial literacy curriculum one of the first things you should consider for each lesson plan is how it applies to real life circumstances.Young people want to learn when they know it will make a difference in their lives. You know you are heading the right way if your examples are applicable to real life.
This is definitely one class that you should never hear, “where are we going to use this in real life.” Make the lesson plans tangible and mentally attainable in order to get things though to reach the student. The more your students can identify to a situation the more likely you are to reach them at a basic and practical level.
How to you choose practical, educational and fun financial literacy curriculum?
1) Start reaching your students by inspiring them to be their own inspiration. Ask them to write down their dream job, regardless of current financial circumstances, that they would like to go to college for. Help them start learning now that limited financial means does not always mean that you can’t get to where you want to go in life. You might just have to get creative. By allowing their interests to drive instruction you are providing them with relevant lessons in financial literacy.
2) Today’s financial literacy curriculum must incorporate personal financial responsibility and decision making. It is essential students are taught how to plan ahead and deal offensively with the tough money situations that face most people at one time or another.
A car that breaks down, unexpected job loss and other costly things have put many in debt. A financial literacy curriculum that prepares students for life’s money situations will help them reach their financial goals quicker.
Being able to plan ahead means that nothing needs to crossed off the list right away. There is a lot of potential in planning for that possible outcome. It takes away the need to live hand to mouth because you are showing them through real life financial literacy curriculum that they are quite empowered to get where they want to go. 3) Be absolutely sure you choose financial literacy curriculum that today’s youth relate to, are motivated by and that moves them to take positive action. If you choose to use boring financial literacy curriculum that focuses on theory instead of practical financial education skills you risk boring the students and turning them off the subject. Pay close attention to the students and ask for their feedback so you can make lesson plan adjustments if requested.
Most people agree that delivering financial literacy curriculum will help today’s youth pick up practical financial education skills. Follow the tips above and check out resources offered by leading financial education companies.