Do you know how 401k matching works? You want 50% or 100% returns? It’s easier than you think, if you know how to work the job benefits properly. Unsure how this all works? Read.
Not Sure Where To Start?
If you’re reading this, there’s a chance you might be overwhelmed at the prospect of managing your financial life. What’s more, if you have a younger loved one like your child or grandchild, you know they need to know this stuff. But you don’t know where to start.
What’s worse, with all the school closings and uncertainty on whether they will open come school year, you might have to turn into an educator for your child.
Take this as an opportunity. You have the ability to teach practical skills that have been left out of our traditional education systems. Yes, I can calculate the long end of a triangle. But why didn’t they teach me how to file taxes? Everyone has to do that, not everyone needs to know the Pythagorean theorem. And yet, it’s SO much more important to have done your taxes on time rather than find the fastest line to walk to the tax office.
Ultimate Resource Websites
Here are five (5) great resource websites to use to teach financial literacy of any age. Have a look! 1) Jump$tart Clearinghouse: A comprehensive online library of financial education resources – for teachers, parents, and students. You can search by grade level, resource type (video, lesson plans, games, etc.) to find what works best for you and your family!
2) CFPB’s Money as You Grow: The lessons in Money as You Grow were based on more than a year of research, and drawn from dozens of standards, curricula, and academic studies – plus they use easy to understand language – effectively meeting you – and your child – where you are! Access fun age-appropriate activities or visit the bookshelf for reading recommendations.
3) NextGen Personal Finance: NGPF’s mission is to revolutionize the teaching of personal finance in all schools in order to improve the financial lives of the next generation of Americans. They make it easy for teachers (or parents!) to engage students by providing ready to go curricula. Check out their Arcade for fun online games, interactives, and quizzes!
4) FDIC Money Smart: Their “young people” innovative standards-aligned curriculum can be incorporated into subjects such as English language arts, Mathematics, and Social Studies. It also offers real-life exercises and examples and options for online games that can reinforce understanding.
5) NEFE’s High School Financial Planning Program: Got a high schooler? This program “empowers students to map their future.” The program has six online modules that money management, borrowing, earning power, investing, financial services, and insurance. Students will learn how to chart and adjust their route as their values and life circumstances change.