Tag Archives: loans

My Personal Finance Curriculum

There was a really interesting article in the New York Times last weekend about having courses on personal finance for kids in K-12. I think that this is definitely something schools should look into, even if it is not tested. Out of all the courses one takes in primary and secondary schools, a practical course like personal finance can really do some good – especially today.

I never took a formal personal course when I was in school; it wasn’t offered. The closest we came to it was when I was in seventh grade and I was in a “Home and Careers” class. It wasn’t really heavy on the economics; it was more about how to cook basic meals, sew, and the like. We had a unit on caring for a family. We were paired off into husbands and wives, and we had to care for a fake egg. The fake egg was a baby, and we were randomly chosen to have particular careers in different locations, salaries, etc. We had to budget for our home and raise the egg, er, I mean child.

I think I passed, but it didn’t really teach me much about personal finance. We all would fudge the numbers and concoct dream scenarios to ensure we would have enough money to survive. The real world doesn’t let one concoct dream scenarios. It has a penchant to just slap you in the face.

With that said, I gave some thought as to what kind of personal finance course I think would do a great deal of good. Check out this site for actual assignments and courses one organization, the National Endowment for Financial Education, put together for schools that want to take the plunge into personal finance courses.

After the jump, check out my personal finance curriculum.

Continue reading

Leave a comment

Filed under Commentary

January Net Worth

I’m starting the New Year strong — after posting approximately a 5 percent increase in my net worth last month, I continued to make gains in January.

On to the numbers …

Continue reading

Leave a comment

Filed under Commentary, Philosophy

Financial Resolutions for 2010

Happy New Year’s Eve! I don’t know about you, but 2009 has been a pretty crazy year for me. Lots of ups, downs, and plenty of in-between. My goal for each year is to be a little bit better — a better worker, son, friend, person, etc.

I know that everyone has their own opinion with regard to the importance — or legitimacy — of New Year’s Resolutions. Personally, I have a few for myself every year that I write down in my daily planner. I keep them to myself, and I track each month to see if I am working toward each of those resolutions (I like to call them goals).

While I keep my overall resolutions to myself, my personal finance ones are a different story.

Continue reading

4 Comments

Filed under Commentary, Philosophy

Daily Dimes 12/14/09

In the run up to the end of this year, we are bombarded with articles about what things to change, rethink, and streamline financially for 2010.

This information overload may tempt you to do either one of two things:

  • go whole-hog into the hype and change everything because a faceless financial guru said so; or
  • go into your proverbial shell and ignore everything.

Both options are fraught with danger — but you can weave a path between the two extremes. What do you need? A pad and a pen.

Continue reading

1 Comment

Filed under Commentary, Daily Dimes

December Net Worth = Early Holiday Gift

After a small decline in net worth in November, I’ve made a very strong comeback in December … thanks to stronger stock market returns and a decision to pay off almost half of my college debt.

On to the numbers …

Continue reading

2 Comments

Filed under Commentary, Motivation, Philosophy

Weekly Roundup

We have some more good news to kick off the latest Weekly Roundup: Americans are paying down their debts, and getting serious about cutting down on unnecessary expenses. Really. Seriously. For the better part of a year now!

Continue reading

Leave a comment

Filed under Uncategorized