How Financial Literacy May Be Taught

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How Financial Literacy May Be Taught

kevin.richardson@elc-csd.org
Kevin Richardson
I am a technology director and coach at our school.  In both positions I have worked with students on financial literacy.  As tech director students have come to me about purchasing a computer.  I go over the different makes and models with them including the estimated prices for each.  Many of these students have asked me about payment for these and I have discussed the various payment options (saving and paying cash, paying with credit card, or seeing if the company has a payment plan).  In the different options, I have talked to student about interest they may have to pay, a timeline they may have to make final payments in, and such.  Also I have discussed the different models of computer and what they need the computer for to better match what they need to purchase.  I coach golf and have talked to player about purchasing a set of clubs also.