Yes, you can go to school! We all know that kids who do well in school have a better chance of doing well – and becoming well off – in life. But just as important as learning how to earn money is learning what to do with it.
Up to now most schools have not prepared students to deal with money issues in the real world. So it’s not surprising to see the disappointing results of a national survey sponsored by the Jump$tart Coalition for Personal Financial Literacy. In the survey measuring 12th graders’ knowledge of basic personal finance, most failed, receiving average scores of just over 50 percent.
Things are finally changing and Yes, You Can is on the leading edge of providing the necessary resources to help parents and teachers influence the behaviors of children and young adults so they can set a course to financial independence.
It’s Available Now!
With the introduction of the Yes, You Can curriculum, American Century Investments – a longtime supporter of financial education – is expanding the classroom resources available for teachers. Aligned with the 8th grade Jump$tart National Standards for Personal Finance, the curriculum is appropriate for middle and high school students.
The curriculum’s goal is to help teachers challenge kids to:
- Examine their personal financial behaviors;
- Establish new and financially rewarding habits;
- Learn about personal financial concepts;
- Create the foundation for financial independence.
Module 1: Now and the Next Five Years
Students start a Personal Finance Portfolio notebook to organize their materials. They begin learning about setting financial goals, developing spending plans and deciphering what’s on an itemized paycheck.
Module 2: First Steps to Financial Independence
Through Pay Yourself First®, kids learn about savings and interest, inflation, credit cards and debt, and how to evaluate advertising.
Module 3: The Next Big Thing
Students learn about stocks and other investments, how to determine net worth and calculate expenses, and how to live within their means.
Module 4: Our Great Idea
After brainstorming ideas about how to tackle community issues, students come to a consensus and develop an action plan to successfully complete a project. What they learn helps them discover the rewards of entrepreneurship.
It’s FREE! All materials are available for download free. Just look under the Educatortab where, once you register, you’ll find lessons with interactive components, plus projects, assessments, PowerPoint® presentations and Adult Dialogue Activities. Web-based calculators called FIT (“Financial Independence Today”) tools include the Debt Reducer Calculator and Savings Goal Calculator.
While learning to handle money is serious business, the curriculum includes fun and games, too. The Whaddayaknow? Game Show lets teams answer questions on a game board, and the Yes, You Can BINGO game highlights financial vocabulary terms.
How do we know the curriculum will be workable for educators and students? We started by designing materials that adhere to the accepted 3 C’s of learning strategies: Constructive, Contextual and Collaborative learning.
Then we conducted a pilot in urban, suburban and rural middle schools and high schools to “test drive” the curriculum and get input from educators and parents.
It works! One of the pilot educators concluded: “I want to have the curriculum ready on day one. It’s exactly what I’ve been looking for.” A parent said the curriculum “helped begin the process of teaching my child about personal finance.”
Many schools offering the new curriculum are sending parents a letter by mail or e-mail. If you haven’t heard anything, contact your child’s teacher to encourage use of the program.
“It is important that your children learn what they can do with money early in life so they will apply the lessons learned as they face the real world in future years,” recommends Jim Stowers, founder, American Century Investments. Through the support of the company he founded, every child now has the opportunity to learn these life-enhancing lessons.
Reference: Financial Education From American Century Investments, Issue Yes You Can, Summer 2012, Website: http://yesyoucanonline.info/Earning/Earning-Articles/Leverage-Your-Summer-Internship
Many men and women still find it impossible to replenish their savings. Nevertheless, everyone has the potential in doing so, all you will need is a little dedication and know-how. After you sit down and determine a budget for this very important task, it becomes a whole lot of easier to actually accomplish this goal. So just do it– take advantage of this article and all of the knowledge included for getting yourself inside the right frame of mind to improve your position.
A good method to lower your temptations of spending the extra money you will save is to open a new savings account at a bank that you do not commonly use. After you open a new savings account at a different bank than the your main bank , you actually psychologically create a barrier for yourself as if the money is not there. Make sure you fund the new account monthly and if you can weekly would be ideal. So now that you’ve done something as simple as setting up a new account, you show be a step closer to financial independence.
Next, rather then buying meal every day while at work, prepare in advance a menu of your meals for the week. Packing yourself a meal at least 3 times a week would cut your expenses for about $30 for the week and perhaps a months worth would be $120. You may as well employ this to dinner meals likewise. This an easy cost savings measure that does not have be extreme nor difficult.
The easiest way to realize how your financial household works is to make note of the amount of money you spend in a four week period (a free online tool MINT and for business owners QUICKEN ) . After you’ve kept notes on the considerable amounts of money you are shelling out, then you definitely need to determine what habits are needed to be curbed or eliminated. You will like this simple strategy since they should be small adjustments. However, this will vary on case by case since every has different spending habits. So remember always keep a journal to assist you in visualizing what comes in and what goes out, simple budgeting for everyday spending. Moreover, it is much easier to save when you know what you are spending your money on.
Before you buy whatever you want, look at if or not this item can be cheaper at some other store or whenever you can come across coupons to cut back the price (Many Apps can be download to help you price shop) . Savings $5 here and $5 there are an will add up after a while. If you save yourself $25 dollars a week on buying items either on sale or at a cheaper price through coupons, then you could save yourself $100 a month. That money can be used very wisely elsewhere, so think again before you finalize a purchase.
In case you have cash you intend to burn. Be sure that you will not carry too much cash with you at all time. Carry around a reasonable amount to use in case of emergencies but nothing more than can hurt your budgeting efforts for a week. You probably want to carry around 20-40 dollars with you and only use it when you absolutely have to.
Although the ideas here can seem small or a little tedious, they are really effective methods for budgeting your hard earned dollars correctly. Just go ahead and check several of the approaches you learned and see if you notice difference with your particular financial situation over the span of a few months.
Get in Shape by Running
Running is a great way to get in shape. It can burn quite a bit of calories and help you build and tone muscle easily. Not only that, but you don’t need an expensive gym membership to do it. On the contrary! You actually need to spend very little money to get good exercise while running. If you’re planning on taking up running to get in shape, read below for some great advice!
Look at investing in a good pair of running shoes. Any pair of sneakers will do, but if you buy a good pair that are designed for running, you’ll be able to get the most out of your workouts. Running shoes are designed to minimize the stress on your feet, ankles, and legs as well as effectively tone your leg muscles. A good pair of shoes will also help keep you from getting blisters during your runs.
Make sure you wear clothing that won’t chafe. You want something that’s comfortable and won’t restrict your movement. It’s also recommended that your clothing be somewhat reflective. This will help you be seen by any cars, especially if you’re running early in the morning, at night, or any other time when visibility may be limited.
Make sure you’re running in a safe area. You want to run somewhere where you won’t have to worry about getting run over by a car. Running around your neighborhood or a park can be great; running on the side of a highway not so much. You should also avoid any areas that are high in violence or criminal activity for your personal safety.
You should look into getting something to track your workout. You can either buy a small device designed for runners to log their runs or most smart phones have an app you can install to do this as well. This will give you an easy way to track how far you’ve run and even how many calories you’ve burned.
Try and run a similar route for a while and see how long it takes you to run that specific route. Each time you run, challenge yourself to beat your previous time. Once you think you’ve maximized your time, try increasing the distance and repeat the routine. Keep doing this until you’re running farther, faster.
Try and vary up your runs a bit. If you normally run on a flat, even area, try going somewhere to run that has a lot of hills. You can even go to a trail and try running on dirt. Running a flat mile is a lot easier than running a mile up and down hills or on a natural trail. This can be a great way to change up your workout and increase the pace at the same time.
Running isn’t hard. It’s cheap and can be a great way to get in shape. If you’re looking into running as a form of exercise, keep these pieces of advice in mind. With these handy tips, you’ll be well on your way to looking great.
Perhaps you are a recent graduate who has been affected by the current economic conditions where you find yourself looking for a new job with little options. May be you are a business owner whose revenues have been drastically reduced while your expenses have remained the same. Or, are you one of the millions who have been displaced and your new career options are offering you half your accustomed pay?
No matter what category you may fall under, remember, THIS IS the time to retool, re-skill, revamp, reorganize, re-harness, rethink, remodel, re-budget, everything in our lives. To begin, you must start with your mindset. Our minds are so powerful in so many ways, both negative and positive. Therefore now more than ever we must think of ways in which are creative with always the half-glass full mentality and strategically accomplish our objectives. You must foster and cultivate an environment which will be conducive for optimal results.
So, “How can I revamp my mindset?” you may ask.
Well, by going back to the basics and inspiring the thoughts from within which will manifest into something extremely valuable.
In doing so, I MUST recommend “Think and Grow Rich” by Napoleon Hill. In my opinion this is the most powerful read of all time regarding business, inspirational, and entrepreneurial thinking. For some, you may be saying, ” I’ve read it already” ; well that’s great so read it AGAIN! Remember this is a book which you can derive diamond nuggets every time you read. Since times have changed virtually among all business landscapes as well as personal circumstances, the way we thought then is so very different in the present time. As for those who have not read this monumental book then please get your copy today!
You will find the principals in this book to be timeless and assist you during our current economic correction. During every downturn there are huge opportunities to identify and profit from. It is within us to pursue our dreams while understanding that obstacles will always present itself and ["that all achievements, all earned riches, have their beginning in an idea"- Napoleon Hill]
Remember we are faced with challenges and obstacles every day that will attempt to derail your goals, which I call deferred dreams. It is the actions we do on a daily basis that will change the outcome and extinguish any of the “distractions” that present itself.
So our mission statement is as follows:
We are to provide useful and encouraging content, reviews, as well as videos/audio that will shed light on methods of self-improvement, business practices, viral marketing, traffic generation, visionary thoughts, with a twist of overall health consciousness.
I’d like to end with a quote from one of my favorite books,
“Before success comes in any man’s life, he’s sure to meet with much temporary defeat and, perhaps some failures. When defeat overtakes a man, the easiest and the most logical thing to do is to quit. That’s exactly what the majority of men do.” – Napoleon Hill
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