Assessment of Personal Financial Wellness of Teachers

Despite the importance of finance, accounting, and consumer intelligence, these topics are typically neglected in high schools. Unfortunately, personal finance is often learned by trial and error. The problem with this method of learning is that it only takes one costly financial mishap to set you back for years. This is why I created a basic personal finance book for total beginners. With these concepts you can use the other books in the Smart Money series to further build your knowledge of personal finance topics.

Conclude your paper by summarizing how the state of the economy influences an individual’s personal financial choices.

So often we hear about teaching the whole child. Today, more than ever, personal finance knowledge and awareness are a critical part of what it means to teach the whole child.

Although knowing how to manage money, budget, and finance does not guarantee life will be a piece of cake, failing to understand can come with consequences. Many students are going into college and starting careers without knowing how to properly manage their finances, save money, or invest. In her article, Yes: Ignorance Carries a High Price, Annamaria Lusardi uses driving as an example. Lusardi mentions how there are many precautions taken in

Using material from item A and elsewhere, asses the view that the education system exists mainly to select and prepare young people for their future work roles

Describe why a manager needs to understand the characteristics and importance of financial markets including their liquidity, competitiveness, and efficiency.

To complete this enquiry I informally asked two Teaching Assistants within school, some questions using the question template in the guide to enquiries booklet:

You would think that somewhere between kindergarten and undergrad, there would be at least some semi-regular course curriculum in personal finance. Alas, there isn’t. Your children won 't learn about money in elementary school, middle school, high school, or college.

This statement is rather shocking but proves why high school students should be taught financial literacy. Financial literacy is the ability of learning how to manage money. Financial literacy should be taught because, more people have been going bankrupt at a younger age, they have more debt options, and lastly are unable to manage money because they have never been taught. This is not just a problem for an individual, but potentially a huge problem in this country’s future.

Have the scribe hand the note with the answers to question C to the person in charge.

Financial literacy is not part of the American education system. When I was in high school, nobody taught me how to plan for retirement, nor did they teach me how to file my taxes, and they sure didn’t teach me the importance of money management.

I. I took a survey of thirty BSU students, who are employed, to determine how many of them have started saving for their retirement.

There are many statistical data sets that I could have used for this research, however I chose to use the statistical data set taken from the 2012 General Social Survey (GSS2012.sav) because it was conducted among individuals living in the United States of America, whom of which are my units of analysis. The independent variable that I used for my research was respondent’s sex, which was labeled sex. For my dependent variable, I used respondent’s income, labeled rincom06. The control variables that I used were the race of respondents, labeled race_2, education after high school, labeled educ_4, and age, labeled age_5.

7. What are the effects of changes in school curriculum on students in the college?

The importance of handling money responsibly is obviously valuable. Accounting, finance, and business classes do explain accounting procedures, financing arrangements, and business structures, but do not focus much on personal finances, saving or