YATW Blog Post #2

Hi readers! Welcome back to my You And The World (YATW) project. Last time, in my Blog Post #1, I was looking into Financial Education. What I found was that Financial Education is a real taboo in America, even though it is one of the most important things to have. Since then, I have looked a lot more into this, and have seen a lot more information.

First of all, If anyone is looking for a professional look on Financial Education, please look for some videos of Suze Orman. She makes very good points, and knows a lot about this topic. I have learned much from her.

Second of all, I’d like to update you all on my research. I have been doing some of my own research (surveying and interviewing) and have come up with some personalized data. An Annotated Bibliography, a Survey Analysis, and link to all of the survey information, including the survey itself, is here.

All that I found was basically this: Financial Education is a real taboo. Most people don’t know their income or what they’re spending on. However, all of the survey takers knew what kind of Financial Support they received. Another thing that I found was that, even though there was a wide range of Financial Education, reaching all across my 1-10 scale, almost every single person was taught outside of school. Most people were taught by parents or mentors, or even taught themselves. All of this information makes me think that Financial Education needs to be taught a lot more on a bigger and more important scale.

I am hoping to learn more about this, because I didn’t learn all that I wanted to about Financial Education. How does America budget? What is the average ratio of spending to saving, and spending to income? What percentage of ALL Americans receive Financial Support? All of these and more could be important to my teaching.

Now on to the future. Ahead of me is the Spring. I will be performing an Agent of Change Service Project. All of my research has lead up to this. I will be planning with some teachers at Science Leadership Academy, along with some teachers at Independence Charter School, to create a lesson plan to teach some children.

I am hoping to teach at least one class of First graders, one class of Third graders, and one class of Eighth graders. I will also be teaching a more advanced lesson to some high schoolers (if I can). This is a work in progress, but so far I have some notes about how the lesson might go. They are here.

If you have any other suggestions as to things I should see, topics I should research, or more subjects I should teach, feel free to leave a comment. I am also open to any suggestions as to where I should take this next. I am looking to continue this education onward and outward, past YATW. I want to teach more at ICS and SLA, and more at other places as well. The world needs to hear more about Financial Education, and there needs to be more of a teaching force.

Thank you for taking the time to read this. If there’s anything at all, please feel free to comment!


Some extra information:

Your Income Level (Optional)

Less than $30,000 a year [5] 21%

$30,000-50,000 [0] 0%

$50,000-70,000 [5] 21%

$70,000-90,000 [4] 17%

$90,000-110,000 [2] 8%

$110,000-130,000 [0] 0%

$130,000-150,000 [2] 8%

Don’t Know [6] 26%

Do you receive Financial Aid/Support? (Optional)

Yes [5] 19%

A little bit [4] 15%

No [17] 65%

Don’t Know [0] 0%