Learning to Manage your Money
Money chestWhen did you learn how to manage your money? (Have you learned how to manage your money?)
I had my initial lesson in managing my money when I arrived at university freshman year. There was a bank conveniently located right there in the student union. Of course, I wouldn’t say I learned the right way to manage my money. In fact, I picked up some very peculiar ideas, about how to use credit cards, for example.
So, now that my daughter is about to take off for college, I find myself wondering how she’ll learn, and, because that’s what I do, I find myself designing a course.
At this point, my working learning objectives are: a student should be able to (ASBAT) answer "Yes!" to these three questions daily and accurately:
- Do I know how much money I have? (Register balance)
- Do I know how much money I can spend? (Budget/spending plan)
- Am I sure? (Reconciled bank statement)
The next thing I need to figure out is how to make the course enticing to the target audience, i.e., teenagers about to leave home. Stay tuned!