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Personal Finance Class Info
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wahoo



Joined: 18 Dec 2007
Posts: 1889
Location: Starfleet Academy

PostPosted: Thu Jan 17, 2008 5:09 pm    Post subject: Reply with quote

I'm being extreme. I can't even spank my dog when she ruins a good cup of coffee with her dirty tongue.

And having core classes that weren't a joke would help. Making English a priority would help. We can't even get the higher level kids to do all of the work in core classes. Adding another required class for kids to fumble through and teachers to water down, so kids will pass so their record stays clean isn't going to help.

Everyone wants to add, add, add...but we aren't even successful with what we have now. Sometimes a conservative approach works. Not the political conservative, but the real definition of conservative.

Just because there's icing on the cake, doesn't mean it's going to taste good!
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iteach



Joined: 13 Jun 2007
Posts: 2322
Location: B-Wood, Baby

PostPosted: Thu Jan 17, 2008 5:29 pm    Post subject: Reply with quote

To be quite honest, I do think this is a good class, but it would be better for those who are learning disabled, etc. More of a life skills class.
I didn't have to take a personal finance class. My parents sat down and taught me how to write checks, balance my check book, etc.
It's just another scenario of teachers having to do what parents should do.
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jinglebellrock70



Joined: 29 Aug 2007
Posts: 445

PostPosted: Thu Jan 17, 2008 6:33 pm    Post subject: Reply with quote

I think it's great he's doing anything at all. I have also heard through the grapevine of little South Boston that he has been doing some serious investigation into the budget. I also know that he is going to be talking with teachers and PTOs in the next month or so. I for one would like to understand more about the way things work.

From being at the meeting and reading the accounts of it in the papers, the personal finance class was one of only two things the whole board agreed on once the meeting got rolling. I think they are going to have to work together in order to be successful.
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haligirl
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PostPosted: Thu Jan 17, 2008 6:42 pm    Post subject: Reply with quote

I have mixed feeling about the Personal Finance class. I do feel that many students could really use this class; but if it's not offered with college credit, any student working for an advanced diploma won't take it. They need/want to keep up their GPA. The CL (or whatever they are calling them these days) classes or dual enrollment classes carry that extra weight. A student working for an advanced diploma could lose out on being one of the teop 10 by taking a no college level class. Even PE is classified as CL. That was done so that folks could get a 2 year degree while in high school. It was explained to me that not everyone who takes PE gets the college credit; not real sure how that is determined. And while I'm standing on the soap box, Halifax County is one of the few schools in this area who are on block scheduling. GWHS and both Heritage and E.C. Glass chose to not go that route. GW and E.C. Glass both tried block and went back to 6 or 7 classes per day. And for the person who asked someone about implying that HCPS is at the low end of the totem pole, they aren't far from the bottom in my opinion. And I said IN MY OPINION.
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Tarheel



Joined: 21 Aug 2006
Posts: 16565
Location: South Boston

PostPosted: Mon Jan 21, 2008 9:25 am    Post subject: Re: Personal Finance Class Info Reply with quote

Joe wrote:
Suggested Halifax County Schools
Personal Finance Curriculum

One semester class required for graduation taught to 10th, 11th, or 12th grade students covering the following:

• Investments
• Banking
• Credit
• Savings
• Consumer skills
• Insurance
• Taxes
• Buying a house and car
• Budgeting


Jumpstart Coalition 2006
Survey of High School Students

• Average score for Virginia students on the Jumpstart Coalition Survey of Financial Literacy is 55%.
• Only 5.2% of Virginia students scored a C or better on the Jumpstart Coalition Survey of Financial Literacy.
• Conversely, 94% of Virginia students achieved a score of D or lower on the 2006 Jumpstart Coalition Survey of Financial Literacy.

Visa 2005 Survey
of High School Parents

• 74% of parents ranked developing good personal financial skills as a concern for their children’s futures.
• 70% of parents surveyed said their child has not had any formal training in money management.
• 76% said that schools should be required to teach money management skills.

Hartford Financial Services
2007 Survey of College Students

• Less than one-quarter of students say they are prepared to deal with financial challenges after graduation.
• 76% wish they had more help preparing for their financial future
• Half of students surveyed say that parents teach them about financial matters.

Additional Compelling Statistics

• 75% of students admit to making financial mistakes in college
• 52% of Americans do not review their credit report yearly
• 36% of Americans do not have a budget
• 63% of college students acquired a credit card before the age of 19.
• 53% of college students who have a credit card say that they did not receive appropriate education on the use of a credit card

Current Reality

• Financial literacy objectives are assigned to a variety of middle and high school courses.
• Financial Literacy objectives are covered in regards to their relationship to designated course objectives.
• Financial Literacy objectives are not the focus of instruction.

The Solution

• Teach financial literacy objectives in a comprehensive course.
• Make financial literacy objectives the focus of instruction.
• Ensure that every child receives the financial education they need in order to be a contributing member of society.
• Require a course in Personal Finance for every student in Halifax County as a requirement to graduate.

Plan In action

• Salem already has a successful curriculum we can mirror.
• Institute a study as to how and when we can implement a course for Halifax


good job Joe! I agree with you on this one...go for it....In fact I know someone who said when they heard about this "I'll teach that class"...if you PM me...I will give you thier name....
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wildhandyman



Joined: 20 Jun 2006
Posts: 7953

PostPosted: Mon Jan 21, 2008 9:51 am    Post subject: Re: Personal Finance Class Info Reply with quote

tarheel wrote:
good job Joe! I agree with you on this one...go for it....In fact I know someone who said when they heard about this "I'll teach that class"...if you PM me...I will give you their name....

Heck, the best teacher I could think of for that class would be my much better half. If it weren't for her wisdom and excellent handling of our money we would have been in the poor house long ago. The major impediment to her teaching this class, however, would be that she doesn't have the necessary "paper" to allow her to do so, and that's too bad for the kids.
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wildhandyman



Joined: 20 Jun 2006
Posts: 7953

PostPosted: Wed Jan 23, 2008 8:57 am    Post subject: Reply with quote

I hate to play hall monitor, but this thread started out with Joe Gasparini (sp?) laying out his excellent plan to teach the "skulls full of mush" some practical skills they will use their whole life (unlike algebra). I think if you want to argue about whether or not you should label a child or use the word dumb to refer to a child you should bring that discussion to another thread. I would rather not see this one discarded in the Hall Of Stupid.
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iteach



Joined: 13 Jun 2007
Posts: 2322
Location: B-Wood, Baby

PostPosted: Wed Jan 23, 2008 9:53 am    Post subject: Reply with quote

Well, they started it. Wink
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AndyR
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Joined: 29 Jun 2006
Posts: 9846
Location: .5 miles south of the Gobbler's Knob Airport

PostPosted: Wed Jan 23, 2008 4:30 pm    Post subject: Reply with quote

wildhandyman wrote:
I hate to play hall monitor, but this thread started out with Joe Gasparini (sp?) laying out his excellent plan to teach the "skulls full of mush" some practical skills they will use their whole life (unlike algebra). I think if you want to argue about whether or not you should label a child or use the word dumb to refer to a child you should bring that discussion to another thread. I would rather not see this one discarded in the Hall Of Stupid.


I took the time to clean up this thread today and split off the off topic posts into a new thread.

It was that or lock it and move it to the Hall of Stupid.
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AndyR
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Joined: 29 Jun 2006
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PostPosted: Wed Jan 23, 2008 4:34 pm    Post subject: Reply with quote

Can we try a little harder to stay on topic? Please? Pretty please?
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Tarheel



Joined: 21 Aug 2006
Posts: 16565
Location: South Boston

PostPosted: Thu Jan 24, 2008 4:34 am    Post subject: Reply with quote

AndyR wrote:
Can we try a little harder to stay on topic? Please? Pretty please?


alien
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johnny reb



Joined: 05 Apr 2007
Posts: 599
Location: Nathalie, VA

PostPosted: Mon Feb 11, 2008 11:05 am    Post subject: Reply with quote

Are you folks still for this class, not that is going to cost so much?
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1093ras
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Joined: 25 May 2006
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Location: from Buffalo Junction to Riverdale and back

PostPosted: Mon Feb 11, 2008 11:14 am    Post subject: Reply with quote

A big chunk of that is one time costs...books, calculators (which I don't understand why the student is not responsible for buying his own, I remember buying one for my daughter for one math class or the other).

I still think it is a very worthwhile project. Implementing it in stages is better than doing nothing at all.
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millworker



Joined: 28 May 2006
Posts: 2001

PostPosted: Mon Feb 11, 2008 12:19 pm    Post subject: Reply with quote

Anybody,

Why do the taxpayer have to pay for the stuff? This free and appropriate stuff has gotten out of control. Put the brakes on, somebody.
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1093ras
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PostPosted: Fri Feb 22, 2008 4:46 pm    Post subject: Reply with quote

Read the obituary for this wonderful idea on today's GV front page.

Joe, you have my condolences...and my gratitude for proposing it and for voting for it.

Funny thing, on the same front page was a picture and story about the Culinary Arts students.

So now some can cook, some can fight fires, some can fix a race engine, some can study horses or horticulture or nursing or college prep...
but not all of them will have to learn to balance a checkbook, manage credit or invest their money.
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