This week on Homeschool Highschool Podcast: Financial Literacy for Homeschool High Schoolers.
Financial Literacy for Homeschool High Schoolers
How do you go about preparing homeschool high schoolers for managing money throughout their lives? Financial Literacy is a life skills math credit that many teens will use WAY more often than their high school math. Join Sabrina, Vicki, Kym and Eagle, the Seeing Eye puppy for a fun discussion of Financial Literacy curriculum.
Back in 2008, when the economy crashed, some economists believed that poor training in personal financial management (including too much mortgage debt) was part of the problem. In reaction to this, many state education departments began to require that high school transcripts include Consumer Math so that teen could have at least basic money management skills.
But Consumer Math might not be enough for many teens. If they want real-life preparation for not just money, but for making financial decisions, for planning and for other financial considerations, teens need more. They need Financial Literacy.
So, what is the difference between Consumer Math and Financial Literacy?
- Consumer Math covers the basics such as creating a budget and balancing a checkbook.
- Financial Literacy covers Consumer Math PLUS planning for the future, finding the right insurances, banking, credit and more.
Why Financial Literacy in homeschool high school?
Financial Literacy involves a ton of life skills! You have seen memes on social media:
At tax time, nobody wants to know whether you can balance an algebra equation!
However, it IS important to how to fill out your 1040! Not only that, teens are wise to learn how create a budget, purchase the right kind of insurances, as well as understand how to invest in the future with savings and investment accounts. That’s what financial literacy is about. It is not plain math. It is math that your teen will actually use.
There are several good financial training courses
We, of course, like 7Sisters’ Financial Literacy because it covers all the bases of Financial Literacy courses but also trains students on how to find information (and where to avoid information).
7Sisters Financial Literacy from a Christian Perspective helps prepare teens for life in an interactive but no-busywork way!
This course takes homeschool high schoolers through an interactive course where they:
- learn how to search the internet for the important financial information
- how to engage that important information about financial literacy
- and ways to apply it to their lives
Teens finish the course with a life plan and a current budget and lifestyle decisions for their present and future!
When they finish their course, they have honed internet skills such research and data gathering and how to apply it… not just read it.
This is a powerful contrast to simply reading a Consumer Math or Financial Literacy textbook and taking the chapter tests. So many teens feel bored as they work through a classic textbook. However, when they interact with the curriculum and make plans that affect their current lives, they feel empowered and engaged. That is what we want from life skills training!
As soon as 7Sisters’ published our Financial Literacy course, our teens began using it and teaching it in our local homeschool co-op and umbrella-school classes. The curriculum was vetted by the teens, who gave valuable feedback on how they learn best. Those teens are now adults and still using the skills they learned from their Financial Literacy course.
Your teens will benefit from taking Financial Literacy, but don’t take our word for it.
Check out these posts from 7Sister Sara’s sons Luke and Joel. You’ll also enjoy this Dollars and Cents Podcast episode on How to Teach Kids about Managing Money.
So, download 7SistersHomeschool’s Financial Literacy from a Christian Perspective for your teens and help them be prepared for finances in adulthood. While you are at it, take a look at these related articles and resources to enrich your teen’s Financial Literacy experiences:
- Excerpt from Financial Literacy from a Christian Perspective: Table of Contents
- Excerpt from Financial Literacy from a Christian Perspective: A look inside the text
- Excerpt from Financial Literacy from a Christian Perspective: A look at the chapter tests
- Worksheet sample from the text: What is the REAL Cost?
- Free downloadable syllabus for Financial Literacy. with Answer Key
- 7 Engaging Activities for Using Financial Literacy in Homeschool Co-op
- Homeschool Highschool Podcast episode: Financial Literacy for Homeschool Highschoolers
- Financial Literacy and Young Entrepreneurs
BTW- We’re 7SistersHomeschool.There are six of us: Vicki, Sabrina, Kym, Marilyn, Allison and Sara. So, WHO is the 7th Sister? YOU are!
Join ALL your other 7th Sisters over at our 7SistersHomeschool Facebook group, where you can ask questions and share ideas.
Interactive Financial Literacy Course: Why it is Awesome & How to Use it
Financial Literacy for Homeschool High Schoolers
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