Showing posts with label Financial. Show all posts
Showing posts with label Financial. Show all posts

Youth Financial Education & Money Education Courses For Youth

Providing your children a practical youth financial education course is now more important than ever.


Whether your children are going to attend a community college or an big name University, we are giving our kids lots of 'school subject' smarts but not 'real world, improve my life on all levels' smarts. The sad thing is, everyone needs a money education but as you can see from recent news headlines, very few have received practical financial knowledge when they were younger. Most people today still learn about money the hard way - instead of getting the money education they need to avoid those mistakes.


Teaching financial literacy to young adults before they leave home is an important part of preparing our children for the complex financial system that we now have. Repetition of the 'money education' lessons they pick up at home or in school will help your kids get a better grasp of youth financial education lessons that will make a tru difference in their life.


Before choosing a youth financial education or a money education course for your children make sure to select the one that will provide them practical guidance.


- Meets National Financial Literacy Curriculum Standards.

Although some of the standards may not be considered 'practical' it will narrow down the potential providers of a youth financial education product for your child.

When reviewing the course ask yourself 'Does this youth financial education course deliver its content in a fun, entertaining way?' If it meets most of the National Financial Literacy Curriculum standards and focuses on delivering practical information in an entertaining way - this may be the course for you.


- Matches your children's learning styles.

Since extensive research shows we all have different learning styles find one that best fits your child's learning style.

If they are auditory learners you may want give them a money education course that offers audio recordings or that take place in a classroom setting. If they are more hands on type learners than find a youth financial education course that has a lot of activities. Leveraging their learning style helps to lock in the know-how and provides and experience all learners can enjoy.


Greater depth, understanding and reinforcement. By combining media, quick notes, interactive tools, videos, guides and more - students can use whatever works best for their personal learning styles.


- Provides relevant, timely content. The financial world is changing faster than ever before. Be sure to choose a youth financial education course that stays up with today's times.


If you review a money education course that shows you how to write a check - throw it away. That is way behind the times and we need to focus our money education on topics today's youth will relate to and implement. On the other hand if you review a financial literacy course that focuses on helping your children to leverage technology to manage their finances - that will be a course you want to look into deeper.


Bottom line - we need to provide our children a practical youth financial education course before they head out into the real world. Be sure to give your children the advantage that many of us wish we had growing up.





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Stock Market Educational Game - Why Do You Need to Invest in Your Financial Education?

Stock Market Educational Game


Wikipedia defines financial literacy as the ability to understand finance. More specifically, it refers to an individual's ability to make informed judgement and effective decisions based on sound financial knowledge and understanding. Stock Market Educational Game


Our school system was designed to train employees for the industrial age. No wonder you were not taught how to handle your money and make wise financial decisions. Most financial knowledge comes from your own experiences (either good and bad) and your close ones like your parents, friends and relatives. You invest in 401K or RRSP and diversify your mutual fund portfolio because that's what other people do and you don't know any other investment options.

It becomes a serious problem during the economic downturns. While many people saw their lifetime saving shrank dramatically from the last global financial crisis, some with a solid financial education became richer than ever. You wonder how they made it.

It is time to invest in your own financial education. It is time for our school system to adopt financial education into the curriculum of high school and college/university. Because a sound financial education gives you an unfair advantage to those without.


In his best-selling book "The Conspiracy of the Rich", Robert Kiyosaki lists four basic investment categories (business, real estate, paper assets and commodities) and says a sophisticated investor invests in all four categories to achieve true diversification.

If you have only one source of income (e.g. "Job", "self-employed"), no matter how much you earn, you are vulnerable to any financial instabilities. You need to have multiple sources of income. You need to have more than one investment vehicle to build and protect your wealth. You may ask "Sounds great but where do I start?" Well, the best and the quickest way to success is to learn from those who have been successful. In this section, you will be introduced to some of the most successful and influential investors, entrepreneurs and financial educators of our time in North America. So fasten your seat belt and let's explore their world.

Robert Kiyosaki -- author of Rich Dad Poor Dad, is an investor, entrepreneur, educator and New York Times best-selling author. His financial education book series Rich Dad Poor Dad has been translated to over 100 languages and sold more than 26 million copies world wide. He also created the educational board game Cashflow 101 to teach individuals the financial and investment strategies that his rich dad spent years teaching him. Robert Kiyosaki's perspectives on money and investing are different from traditional teaching. The old beliefs of getting a good job, working hard, saving money, getting out of debt, and investing for the long term are obsolete in today's world. Robert Kiyosaki's teachings focus on generating passive income through investment opportunities, such as real estate and businesses, with the ultimate goal of being able to support oneself by such investments alone. Some of Robert Kiyosaki's bestselling books:


Cashflow Quadrant: Rich Dad's Guide to Financial Freedom
by Robert Kiyosaki (1998)


Find out which quadrant you belong to, why people from different quadrant think and react differently and which path to take to achieve financial freedom. Download Notes taken from Cashflow Quadrant.


Conspiracy of The Rich: The 8 New Rules of Money
by Robert Kiyosaki (2009)


If you are still in the mentality of having a secure well-paid job and counting on your mutual funds to retire you comfortably at age 65, you need to read this book. In this book, Robert Kiyosaki shares his view of global economics and explores why people are finding themselves challenged by these turbulent times. If you are worried about or were hit by the last financial crisis, you want to be prepared for the next one. Notes taken from Conspiracy of The Rich.


Michael Maloney -- To escape the rat race, you not only need to build wealth but also need to protect it against inflation and financial downturns. Gold and silver serve such purposes for hundreds of years. If you are interested in investing in gold and silver, you've got to learn from Michael Maloney, who is Rich Dad's advisor. Michael's book Guide to Investing in Gold & Silver presents a historical view of economic cycles, money history, gold and silver, fiat currencies, and the Federal Reserve in an easy-to-understand way. It explains how the US government is driving inflation by diluting its money supply and people's purchasing power, why to invest in gold and silver, and how to invest in gold and silver. Through the lens of the history, you know where we stand today and how to prepare for our future. Stock Market Educational Game


You will find updated news and analysis on gold and silver investment from Michael's website goldsilver.com which attracts hundreds of visitors daily. You can purchase gold and silver online through his website.


Robert G. Allen -- a Canadian born financial author. Some of his best-selling books are: Multiple Streams of Income, Creating Wealth and Nothing Down. He has helped tens of thousands of people achieve their financial goals with his books and seminars. His Multiple Streams of Income covers the topics such as stock market, real estate, tax liens, network marketing, internet marketing, etc.


Robert Allen reveals the secret formula for extreme networking marketing success through his 14-page eBook "The Secret Formula For Financial Prosperity".


Don R. Campbell -- Canadian-based real estate investor, author, and market researcher. Formerly worked for Sears back in early 1980, Don achieved his financial freedom through real estate. He is the president of Real Estate Investment Network (REIN) which one of the largest organization of its kind in Canada and has more than 15 years history. To be a REIN member, you need to fulfill a 17-month membership obligation. The monthly fee is relatively high to some people but the information on Canada's most current real estate market and education you will get are worthwhile. If you are new to real estate, it is definitely a good starting place and save you many trial and error.


If you are interested in Canadian real estate investment, Don R. Campbell's best selling book 97 Tips for Canadian Real Estate Investors is a must for you. It offers Canadian specific content and advice that are relevant to Canadians.


Chris Martenson -- a trained research scientist, and a former Fortune 300 VP. His free video series Crash Course gives a clearest and most straightforward explanation of how our economy, energy systems and environment interact -- how we got to where we are today, and some reasonable expectations for the future. Chris sends out the same message Robert Kiyosaki has been teaching over the years -- the next twenty years are going to look very different from the last twenty years.


Stay tuned. We will continue introducing some other successful and influential investors, entrepreneurs and financial educators of our time through future article submission. We highly recommend you invest your time in your financial education and personal development. As an old saying goes, "Success is not something you pursue; Success is someone you become". Stock Market Educational Game