How to Choose Relevant Financial Literacy Plans

Record debt, skyrocketing foreclosures and a large number of people suffering from financial stress…sound familiar? Many of the problems people face today could have been avoided if they had received a practical financial education.

Teens and young adults tend to learn more from practical financial literacy lesson plans. Having a practical financial literacy curriculum as support will help you teach important guidelines to your child. This allows them to be more financially responsible in the way they deal with everyday finances as well as long-term expenses. It is essential that you instill your spending habits in your children in order to get the ready for their financial independence.

Many schools have started offering a financial literacy curriculum to their students, either in the form of economics classes or classes geared specifically towards preparing students financial responsibility in college or independent living.

In light of the current financial situation it is vital that we arm our young people with the financial information they need to be successful in the financial real world. If you want to make a lifelong difference in a child’s quality of life then choose an engaging and relevant financial literacy course. But, how do you choose a financial literacy curriculum that students will actually implement? That is the question that will be answered in this article.

Studies indicate that less than adequate financial training has a negative effect on students. They report boredom and confusion which in turn turns them off to learning more about money matters. The instructors had good intentions when they begin implementing the financial education course; regrettably, the financial lesson plans had a negative effect instead.

To ensure your financial education class makes a lasting difference in students lives it is important you choose a financial literacy curriculum that are designed to keep the students engaged and motivated to learn more. The following are seven ways to help you choose the most effective financial literacy lesson plans in order to help your students live a life of financial freedom.

1) Review the Curriculum Designers Background. Most financial literacy curriculum is written by people who have not had significant money or business experience. Make sure the financial education lesson plans you choose have been designed by a team of experienced professionals. Look for curriculum that is developed by a team of financially successful entrepreneurs and teachers that have a track record of curriculum development experience. Finding a curriculum that combines top teachers with business leaders will put you immediately on the right track.

2) Find Curriculum that Motivates & Educates. Having reviewed hundreds of financial literacy lesson plans and talked to thousands of youth many of them have been turned off ‘learning about money’. Many students have complained about past financial literacy classes being boring and confusing. A well designed financial literacy curriculum, taught properly, can be a rewarding and entertaining experience. A good test is to review the curriculum late at night and see if it passes the snooze test.

3) Find Lesson Plans that Grow with Students. In a perfect world financial lessons would be taught over time and your students would build their money skills over time. Since this is a luxury most educators will not receive, it is important to choose curriculum that builds on the prior lessons and covers the key principles that make up the foundation knowledge of their education.

4) Lesson Plans Cover the Mental Game of Money. Talk to any financially successful person out there and the majority will agree that the mental game of money serves as a foundation for our financial decisions. It is also well documented that the average person makes most of their financial decisions because of emotional responses, not logic. That is why it is critical that the financial literacy curriculum you choose covers the mental game of money.

5) Financial Success Training Curriculum. The ultimate goal of financial literacy lesson plans is to help our youth reach the level of financial success they desire. Implementing curriculum that focused on providing real world money lessons will not only keep students interested but will also put them on track to achieving financial security.

6) Practical Education before Theory Based Memorization. While the more advanced financial theories should be taught it is important to emphasize practical financial lessons that translate to the real world for students. The advanced theories will can be taught once the practical financial curriculum has been mastered. Considering the fact that over 40 million Americans do not have bank accounts, locate curriculum that walks students step-by-step through basic account structure and includes activities that helps to build their financial foundation.

7) Teach with Entertaining & Engaging Curriculum. By the time a student graduates high school many have sat through more than 10,000 classes. There is not much time to teach financial literacy, so it is exceptionally important that it stands out from the thousands of other lectures students must sit through. Choose curriculum that engages the students with activities, multi-media, celebrities, movement, props and other tools to help our students internalize financial literacy lesson plans so they benefit from this knowledge throughout their life.

Maximize the effectiveness of your time and financial literacy class by getting financial literacy curriculum designed to get students excited to learn about money. The confidence that a practical financial education can bring to students will have long-term positive benefits that affect many area of your student’s life.

Important Reasons To Talk To Your Financial Advisor

During the ancient days, the typical Blacks shunned the notion of seeking financial advices from experts. They have deemed these professionals to be the paraphernalia for the rich or the lifesavers for those trapped in massive monetary debts. Most of them did not buy into the suggestion of allowing a stranger, often being the Whites, to peak into their financial affairs, handling their businesses and hard-earned money. But times have evolved and the era has changed where education costs are multiplying, Social Security became endangered and employee pension plans diminishing, can you still afford not to seek assistance from a financial planner?

One of the dominating reasons to talk to a financial planner is to have them review your portfolio for companies being on the edge of bankruptcy risks. With reference to the statistics provided by the United States Federal Judiciary Court, there were 28,322 bankruptcy filings for the year 2007 while for 2008, the figure elevated to 43,546 filings. These amounts figuratively represent the substantial need for an advisor to help you mould solid strategies to avoid from being one of the bankruptcy victims. You can discuss with the financial planner about how to ride out from the world economic crisis and repositioning your business into strong organizations to overcome the downturn and generate profits during the decline.

Another apparent yet important purpose to talk to a financial planner is to hunt for advices, suggestions and a financial plan on what you wish to become, your fiscal aims and how to overcome the constrains you are facing. Your economic portfolio should be distantly deviated from the original percentages during your initial investment and unless your portfolio undergoes automatic periodic rebalancing, the services of a financial planner can never be neglected.

Despite the world’s central Banks are controversially discussing about the act of coordinating efforts to revitalize the current global economic predicament, it takes ample of time for the positive impact to knock on your door, especially if you are an average earner, much worst for the low-earners. Seeking financial advices from a professional may be the ideal remedy to plan out a potential and promising future. At least you have a systematized management of your funds, expenses and investments as well as allocation for your future and retirement. Furthermore, the financial planner will help to position your portfolio, particularly during the downturn, in order for your goals to achieve.

A Great Solution to Becoming Financially Free

Wow, what a huge, yet life changing goal to have. I mean, when you talk about being financially free, you’re talking about no more 9:00-5:00 job, no more boss, no more work schedule, no more requesting vacations, more time with your friends and family and the list could go on and on! So, if you’ve made up your mind that you want to become financially free, correct? If so, the question I want to ask you is if you’re ready to do what it takes to become financially free?

Financial freedom is something you just step into, it’s something you choose to obtain. So, if you’re ready to do what it takes to become financially free, I have a solution that will not only make you financially free, but put some serious cash into your pockets. Approach every new idea presented to you with an open mind. Closed mind people lack innovation, and are the individuals that only make $30,000-$40,000 a year working 40 hours a week.

The easiest and most profitable way (and possibly the quickest if you work hard) to reaching financial freedom is starting your own business. WOAH! Did you read that and just say, “No way can I run and operate my own business!” Guess what, it’s not as difficult as it sounds, and this particular business model I’m going to share with you has little start of costs, little to no overhead (your expenses) but a possible income that could change the way you life. If you’re serious about becoming financially free, then you’ll continue to read the article with an open and positive mind/attitude.

What kind of business I’m I referring to that will have such a high income potential, but little to no overhead and start up costs? If you’re looking to be financially free, you need to start your own business in network marketing and affiliate marketing. We already talk to people on a daily basis, we already refer people to products and services that we feel are good and beneficial. So why not get paid to do this?

It honestly doesn’t matter how old you are, whether you want your business to be online or offline, this is your financial future we’re talking about. The opportunity is sitting right in front of your face, use it to get you to where you want to be! Compared to everyone in the world, very few people actually understand the true power of both affiliate and network marketing. I personally know kids 20-25 years old that have either retired, quit their jobs or dropped out of college because they’re making 6 figures a year utilizing these two awesome business models.

Now it’s time to ask yourself a few questions. Are you still working a 9:00-5:00? Do you still have a boss? Do you have a residual income (making money on auto-pilot)? Do you have time freedom? Are you still making less than 6 figures a year? If you answered yes to any of these questions, then these two business ideas are what will bring you towards your goal of reaching financial freedom. Financial freedom is in the business and the business is affiliate and network marketing!