Financial Literacy

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Financial Literacy

Patrick E. Jeter
I enjoyed the information in this class. I am a substitute teacher with my education in Banking & Finance, so I knew most if not all of the information. However, being 56 years old I quickly forget how all of this is new to a teenager. I have taken it for granted because I use the information almost on a daily basis. I thought the Everfi video series was an excellent resource  for students and if I were a regular teacher I would show that on the SmartBoard and discuss each unit. With the quickly advancing methods of paying for purchases, I think it is even more important that students understand how credit works and credit scores, how to determine wants versus desires (this generation has so many narcissists) and how to control impulse buying. I think students need to understand living within their means, becoming savers, and investors. Starting now at 18 years old is so easy to become a millionaire by retirement, and with a little effort they can become a multi-millionaire and live comfortably. Like I said in the beginning, the things that maybe we take for granted in our personal finances is so important to make sure that this current generation learns and understands. I think personal finances, especially the subjects in the Everfi videos, are extremely important for students to learn. I really enjoyed this class.