In the first of a two-part seminar series, Middle School students explore the fascinating and complicated world of personal finance. They learn about credit cards, debt, budgets, and how to plan for financial independence. An age appropriate “Money Values Survey” will reveal how students think about the relationship between money and happiness. Working through a variety of spending and debt scenarios, students make calculations and decisions based on their wants, needs, and spending habits. These real-life scenarios motivate students as they apply math principles, practice problem solving, and develop their emotional intelligence.
Faculty: Zac Hood - Athletics
December 7, 2018
January 11, 2019
Interested in exploring this topic more deeply?
At home: Board games that teach basic concepts of investing and money management include Monopoly, The Game of Life, and Settlers of Catan.
Great books: Two resources recommended by US News and World Report are The Teen's Guide to Personal Finance: Basic Concepts in Personal Finance that Every Teen Should Know by David Bruzzese and Joshua Holmberg, and The Complete Guide to Personal Finance For Teenagers & College Students, by Tamsen Butlers.
Day trip: The Edward C. Rockette Money Museum on the Colorado College campus in Colorado Springs is America’s largest museum dedicated to numismatics.
According to US News and World Report, a significant majority “of parents with college-bound children are worried about their children’s ability to manage money.” And 86 percent of high school students said “they would rather learn about money management in the classroom than make financial mistakes in the real world.” Children develop a concept of money quite early, making middle school a key time to study mathematical concepts in the context of personal finance.