Financial Literacy Papers

1. Describe two examples of important things that financial planning skills can help you do, and explain why these things are important to you personally. (4-6 sentences. 2.0 points)

1. Describe two examples of important things that financial planning skills can help you do, and explain why these things are important to you personally. (4-6 sentences. 2.0 points)

Fleming (2005) stated that people can be grouped into four styles of learning: (Gravells, 2012), Visual, Aural, Read / Write and Kinaesthetic (VARK), with Honey and Mumford (1992) suggesting that learners are a...

1. Describe two examples of important things that financial planning skills can help you do, and explain why these things are important to you personally. (4-6 sentences. 2.0 points)

1. Describe two examples of important things that financial planning skills can help you do, and explain why these things are important to you personally. (4-6 sentences. 2.0 points)

There are seven general styles in which people learn: visual, aural, verbal, physical, logical, social, and solitary. Visual learners prefer pictures and images. They are most successful with art programs, and by relating the content to pictures. Aural learners

Financial advising is one of the many occupations one can purse with a business finance degree. Even though financial advisors are not well-known, they do multiple things to help the global economy. A financial advisors job tends to focus on helping individuals with 401k’s, retirement plans, and other saving plans that require budgeting. Even though this job is limited to helping with these few plans, this job is very difficult and requires tedious amounts of work. The level of difficulty is the reasoning behind many not consider a job in this field. In the article, Financial Advisors, Financial Ecologies and The Variegated Financialization of Everyday Investors, it talks about how financial advisors are people oriented. This is a positive thing, because it shows the individuals who are being advised are cared for. The employment rate for this job was at a standstill for a short amount of time due to the type of work financial advisors are required to do. However, in recent years, more and more individuals are

The learning styles include visual learners, audio learners, and kinesthetic learners. There will be hands on learning, as well as free learning. In this age group there are visual and audio learners.

i. Understanding the learners learning styles can make my course to be engaging. Flemming (1987) noted three different styles of learning; visual, kinaesthetic and aural. In order to know which method(s) to use to benefit my students the first lesson on my course will centre around discussions on what they already know, the resources they are familiar with, and a learning style questionnaire which will provide me with information on preferred learning styles. Effectiveness can also be enhanced if I adapt my teaching style to give maximum benefit to learners.

“Just as students have different personalities, they also have different ways of learing (Slavin, 107).” Learning styles are another important factor to incorporate when implementing the best learning environment. Learning styles are defined as an individual's mode of gaining knowledge. The most common learning styles addressed are auditory, visual, and kinesthetic. Auditory leaners understand information through hearing. Visual learners need more visual aids in the learning process, such as diagrams, webs, or pictures. Kinesthetic learners learn better by using manipulatives or by being physically involved in the learning process. Learning styles is a piece of the “backbone” of differentiated learning. Both are used to individualize instruction to help students achieve the most success.

Learning styles of individual students vary and as a consequence, learning needs also change from each student to the next (Liew, Sidhu, & Barua, 2015). The “styles” for learning that are widely adopted include the Visual, Auditory, Read/Write, Kinesthetic (VARK) model, developed by Fleming and Mills (1992) include Visual (V), Auditory (A), Read/Write (R) and Kinaesthetic (K) types of learning approaches. The Visual (V) learner learns best by the use of information by visual means (using of charts, mindmaps, and other visual aids). The Auditory (A) learner understands best by

Individuals learn in different ways, whether it be verbal, auditory, kinaesthetic, visual or logical (Brady, 2013). A range of methods incorporating each learning style needs to be considered.

There are four main types of learning styles: auditory, kinaesthetic, reading and writing, and visual. Each of these theories describes how learning occurs and has its own terminology, perceptions on learning and generalities about teaching and learning. My personal learning style uses a combination of visual, reading, writing and auditory. I prefer using pictures,

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.

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.