4 Life-Changing Reasons for High School Financial Literacy Course
Whether the course is required for graduation in your state, Financial Literacy is an important course for homeschool high schoolers. Here are 4 life-changing reasons why brought to you by 7Sister Sara Hayes. Sara’s popular Financial Literacy course has helped many teens (including many 7Sisters’ teens) enter adulthood with a healthy financial lifestyle:
1) CREDIT CARDS: Once a teen applies to a college, he/she will be inundated with credit card application forms. A teen without financial literacy instruction may be sucked in to getting a credit card and using it, without realizing the problems that can result and take, often, YEARS to correct.
2) PLANNING TO FAIL?: The old adage, “If you fail to plan, you plan to fail” applies in much of life, including financial goals. A financial literacy course provides the guidance on how to determine individual financial goals and how to plan in order to make those goals an eventual reality.
3) WISE INSURANCE CHOICES: A young adult who is filling out his/her enrollment for employee benefits for the first time and who hasn’t had a background in financial literacy might not realize the importance of some of the insurance coverages often offered, such as short and long term liability insurance.
4) WASTED MONEY: Young adults with ‘simple’ financial lives may unnecessarily pay a tax preparer to complete their tax returns, not realizing that with the tax instruction booklet (and maybe a couple of quick information searches on the internet), they could easily complete the return themselves and save a significant amount of money.