Evaluate Progress, Foster Financial Responsibility | Origin: EC134
This is a general discussion forum for the following learning topic:
Strategies for Teaching Finance to CTE Students --> Evaluate Progress, Foster Financial Responsibility
Post what you've learned about this topic and how you intend to apply it. Feel free to post questions and comments too.
There are a lot of things to consider when thinking about financial literacy. It is important to discuss some of the less obvious hurdles, like insurance or professional memberships, that may not be discussed elsewhere. These are also important considerations that need to be included in a budget.
That we should create assessments for financial growth.
One thing that I had not considered is the taxes involved in finances. It is not something that we typically cover, but we should.
This introduced some areas I had not considered when discussing financial literacy. I plan to invite guest speakers to introduce this concepts.
The tax, insurance, debt and budgeting concepts for different career paths are considerations I did not consider. It is important to keep those at the forefront when discussing with students financial literacy.
Create an activity that runs several weeks where students can track expenses, incomes, make decisions and grow a virtual enterprise.
I have learned about new resources to assist my CTE students with learning financial literacy such as Bonzi. I am going to add that as a part of my class.