Using Resources From Pathway to Financial Success in Schools
Middle school is a great time to start discussing financial literacy concepts with students, along with reinforcing the value of saving money for things they will want and need in the future. This is an essential life skill that creates the opportunity to make real-world connections to any classroom. In my technology class, for example, it offers value to plan for the future while discovering careers that hold my students’ interest. Below, I’ve listed a few of my favorite resources from the Pathway to Financial Success in Schools program from Discover Financial and Discovery Education.
Tip #1 “Life Happens” The activity, “Life Happens,” begins with students selecting?a career card and adjusting their budget based on the other cards played throughout the game. “Life Happens” allows students to apply real life situations to the benefits of saving money for college and creating a budget.
Tip #2 “Learn More, Earn More” Have students study earnings data highlighting average income both with a college degree and without. This exercise makes the learning personal, since they are planning for their future. Students will then come to conclusions about how they can earn more money while also continuing to learn more. ?
Tip #3 “What is Important to You?”? Ask students to research what career path is needed to obtain the future life they envision. While it may seem early to start thinking about their career, it is important that students consider their strengths, even in middle school. Asking what is really important to a student will focus all the attention on planning their direction as they go into high school.
I believe each tip gives students a sense of purpose while in school. I am asked daily by students, “How am I ever going to use this in life?” Learning about a budget, even though middle school students might not have a job, is vital so they can prepare for the future. They also need to be aware that earning a degree means they are making more money, if that is important to them. The real benefit of these resources is that they help students understand that ultimately, education empowers them to decide what is important to them and prepares them to pursue their future goals.
By guest blogger Abigail Schiferl, a Computer Technology Teacher at Mauldin Middle School Simpsonville, SC.
Discover’s Pathway to Financial Success in Schools program, developed in partnership with Discovery Education, is designed to empower middle and high school students to achieve brighter financial futures. Discover believes brighter financial futures begin by providing students with the skills they need to help them succeed long after they leave the classroom. To support this vision, Pathway to Financial Success in Schools is bringing free financial education to students across the country.