Comments on: New Jersey Bill to Require Personal Finance 101 for High School Seniors http://genxfinance.com/new-jersey-bill-to-require-personal-finance-101-for-high-school-seniors/ Helping a unique generation achieve financial independence. Fri, 10 Feb 2012 01:03:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: madison7895 http://genxfinance.com/new-jersey-bill-to-require-personal-finance-101-for-high-school-seniors/comment-page-2/#comment-473940 madison7895 Thu, 02 Feb 2012 17:23:05 +0000 http://genxfinance.com/?p=1145#comment-473940 I am a 56 year old that is FINALLY learning from major past mistakes that should not of ever happened if I would have learned about the ramifications of poor financial choices. I SHOULD of learned early in life how to manage money from my parents, but as Jeremy stated, most of us are not. This deeply important lesson will continue to impact our economic future. So I am a HUGE proponent of requiring courses at the high school level. Just a thought, what if our teens had some kind of knowledge of the realities of financial peace years ago, say before the economy crashed? Would we be in the mess that we are in now! I think NOT! Young adults now are inundated with free credit cards offers almost daily! How scary is that? If they are not taught by someone of the ramifications of poor financial decisions early, the credit card industry would not own us!!!!!!!! Money should be controlled by us, not the other way around!!! Just take a minute to look up the total amount owed by us to the credit card industry and pause! Mind boggling to say the least. To wrap up, demand education at the high school level on fiances that will dramatically impact our future!!!!! It is ignorant not to have these classes in our curriculum!!!!! I need to find out how to promote this in NC! I am a 56 year old that is FINALLY learning from major past mistakes that should not of ever happened if I would have learned about the ramifications of poor financial choices. I SHOULD of learned early in life how to manage money from my parents, but as Jeremy stated, most of us are not. This deeply important lesson will continue to impact our economic future. So I am a HUGE proponent of requiring courses at the high school level. Just a thought, what if our teens had some kind of knowledge of the realities of financial peace years ago, say before the economy crashed? Would we be in the mess that we are in now! I think NOT! Young adults now are inundated with free credit cards offers almost daily! How scary is that? If they are not taught by someone of the ramifications of poor financial decisions early, the credit card industry would not own us!!!!!!!! Money should be controlled by us, not the other way around!!! Just take a minute to look up the total amount owed by us to the credit card industry and pause! Mind boggling to say the least. To wrap up, demand education at the high school level on fiances that will dramatically impact our future!!!!! It is ignorant not to have these classes in our curriculum!!!!! I need to find out how to promote this in NC!

]]> By: Credit Repair Report http://genxfinance.com/new-jersey-bill-to-require-personal-finance-101-for-high-school-seniors/comment-page-2/#comment-139535 Credit Repair Report Sat, 07 Aug 2010 14:57:38 +0000 http://genxfinance.com/?p=1145#comment-139535 Financial responsiblity should be taught at an early age in school and be included in the curriculum through graduation. Financial responsiblity should be taught at an early age in school and be included in the curriculum through graduation.

]]> By: Current account http://genxfinance.com/new-jersey-bill-to-require-personal-finance-101-for-high-school-seniors/comment-page-2/#comment-114734 Current account Tue, 31 Mar 2009 08:36:07 +0000 http://genxfinance.com/?p=1145#comment-114734 I think it now the time to think differently. I wish I had a class in High School. If we do not learn this skill from school, where would the next generation learn it? Their parents have failed to learn it, look to see how much consumer debt is in this nation. I think it now the time to think differently. I wish I had a class in High School. If we do not learn this skill from school, where would the next generation learn it? Their parents have failed to learn it, look to see how much consumer debt is in this nation.

]]> By: Sarah Daniel http://genxfinance.com/new-jersey-bill-to-require-personal-finance-101-for-high-school-seniors/comment-page-2/#comment-114649 Sarah Daniel Tue, 31 Mar 2009 03:56:07 +0000 http://genxfinance.com/?p=1145#comment-114649 SORRY! IT'S www.imagineinternational.biz SORRY! IT’S http://www.imagineinternational.biz

]]> By: Sarah Daniel http://genxfinance.com/new-jersey-bill-to-require-personal-finance-101-for-high-school-seniors/comment-page-2/#comment-114648 Sarah Daniel Tue, 31 Mar 2009 03:53:08 +0000 http://genxfinance.com/?p=1145#comment-114648 ABSOLUTELY! I find it quite amazing that my colleagues and I were just talking about the need for this just TODAY! We are a nation of uneducated consumers that allow ourselves to be victims to this credit & economic crisis. We MUST educate our kids on what credit is...how to even read a credit report...how our credit score is calculated...how to maintain good credit...how to settle their own debt...money management...federal laws that protect them and soooooooo much more! There is a company called Imagine International with the ONLY software out there that educates and COMPLETELY automates the credit improvement process. I am 43 years old and have learned more about my rights as a consumer, my credit, the laws that protect me as well as improving my credit at the same time. This software is AWESOME!!! And the only thing that has ever worked. EVERY HIGH SCHOOL & COLLEGE NEEDS IT! This product does everything that an attorney or a credit repair company would do. I mean, it generates ALL the correspondence to send to the credit bureaus (and it quotes federal law)! You gotta get it! IT'S ONLY $20 A MONTH!!!!!!!!!!! FOR 2 USERS!!! How can we get it in the schools? go to www.imagineinternation.biz...Oh by the way, they have another software that teaches business owners how to establish "business" credit...financing for their business without using their social security #! WOW! ABSOLUTELY! I find it quite amazing that my colleagues and I were just talking about the need for this just TODAY! We are a nation of uneducated consumers that allow ourselves to be victims to this credit & economic crisis. We MUST educate our kids on what credit is…how to even read a credit report…how our credit score is calculated…how to maintain good credit…how to settle their own debt…money management…federal laws that protect them and soooooooo much more!

There is a company called Imagine International with the ONLY software out there that educates and COMPLETELY automates the credit improvement process. I am 43 years old and have learned more about my rights as a consumer, my credit, the laws that protect me as well as improving my credit at the same time. This software is AWESOME!!! And the only thing that has ever worked. EVERY HIGH SCHOOL & COLLEGE NEEDS IT! This product does everything that an attorney or a credit repair company would do. I mean, it generates ALL the correspondence to send to the credit bureaus (and it quotes federal law)! You gotta get it! IT’S ONLY $20 A MONTH!!!!!!!!!!! FOR 2 USERS!!!
How can we get it in the schools? go to http://www.imagineinternation.biz…Oh by the way, they have another software that teaches business owners how to establish “business” credit…financing for their business without using their social security #! WOW!

]]> By: Ruthann http://genxfinance.com/new-jersey-bill-to-require-personal-finance-101-for-high-school-seniors/comment-page-2/#comment-104707 Ruthann Wed, 04 Feb 2009 16:40:32 +0000 http://genxfinance.com/?p=1145#comment-104707 Dave Ramsey has specific cirriculumn designed for young people from early age thru teenagers. All the school districts would have to do is obtain the books and excercises from his website www.daveramsey.com and incorporate it into the age appropriate clasess. Yes, Senior Year is too late! Dave Ramsey has specific cirriculumn designed for young people from early age thru teenagers. All the school districts would have to do is obtain the books and excercises from his website http://www.daveramsey.com and incorporate it into the age appropriate clasess. Yes, Senior Year is too late!

]]> By: Hank http://genxfinance.com/new-jersey-bill-to-require-personal-finance-101-for-high-school-seniors/comment-page-1/#comment-104704 Hank Wed, 04 Feb 2009 16:30:31 +0000 http://genxfinance.com/?p=1145#comment-104704 One of the negative points of this great idea is that you are going to have people who are not qualified to teach personal finance instructing our young, impressionable youth. In Georgia, for example, government teachers (with degrees in political science and/or history...not economics) teach economic principles for only one quarter to high school seniors. Many of those teachers do not feel comfortable or even totally understand the concepts of supply and demand, scarcity, etc. themselves when they are teaching it to our kids. One of the negative points of this great idea is that you are going to have people who are not qualified to teach personal finance instructing our young, impressionable youth. In Georgia, for example, government teachers (with degrees in political science and/or history…not economics) teach economic principles for only one quarter to high school seniors. Many of those teachers do not feel comfortable or even totally understand the concepts of supply and demand, scarcity, etc. themselves when they are teaching it to our kids.

]]> By: Ken http://genxfinance.com/new-jersey-bill-to-require-personal-finance-101-for-high-school-seniors/comment-page-1/#comment-103947 Ken Thu, 29 Jan 2009 10:42:54 +0000 http://genxfinance.com/?p=1145#comment-103947 There is a program in my area (TN) called Reality Check. iT is sponsored by Junior Achievement. Each 8th grader randomly draws a salary/job. He/she then goes from one booth to another with his monthly pay and makes choices on what kind of apartment, house, goceries, utilities, etc. I've heard great reviews of this program. We need personal finance touched on in middle school. We might make it a part of Freshman math somehow. I don't know exactly how it would work. It is definitely needed. There is a program in my area (TN) called Reality Check. iT is sponsored by Junior Achievement. Each 8th grader randomly draws a salary/job. He/she then goes from one booth to another with his monthly pay and makes choices on what kind of apartment, house, goceries, utilities, etc. I’ve heard great reviews of this program. We need personal finance touched on in middle school. We might make it a part of Freshman math somehow. I don’t know exactly how it would work. It is definitely needed.

]]> By: Christine http://genxfinance.com/new-jersey-bill-to-require-personal-finance-101-for-high-school-seniors/comment-page-1/#comment-103922 Christine Thu, 29 Jan 2009 05:34:42 +0000 http://genxfinance.com/?p=1145#comment-103922 I think this is an excellent idea, but I would require it for freshmen and sophomores. Include understanding a lease, buying car insurance, purchasing a car, doing your own 1040ez taxes, getting a credit card, balancing a checkbook, preparing a budget, shopping tips. I also think a cooking class should be a requirement. "Total Money Makeover" should be required reading. I took a personal finance class in high school and again in college. I gruaduated college debt free and didn't get a credit card until I would be traveling overseas and needed it to guarantee the hotel. I didn't pay any interest for the first 8 years I had the credit card either. I lived on my own after college and amassed a pretty good amount of money in savings before I became disabled and fell into credit card hell. I think this is an excellent idea, but I would require it for freshmen and sophomores. Include understanding a lease, buying car insurance, purchasing a car, doing your own 1040ez taxes, getting a credit card, balancing a checkbook, preparing a budget, shopping tips. I also think a cooking class should be a requirement. “Total Money Makeover” should be required reading. I took a personal finance class in high school and again in college. I gruaduated college debt free and didn’t get a credit card until I would be traveling overseas and needed it to guarantee the hotel. I didn’t pay any interest for the first 8 years I had the credit card either. I lived on my own after college and amassed a pretty good amount of money in savings before I became disabled and fell into credit card hell.

]]> By: Ian http://genxfinance.com/new-jersey-bill-to-require-personal-finance-101-for-high-school-seniors/comment-page-1/#comment-103829 Ian Wed, 28 Jan 2009 19:18:43 +0000 http://genxfinance.com/?p=1145#comment-103829 While I think it has a long way to go, I am really excitied that finally someone is starting to realize that money management needs to be taught at an early age. While I think it has a long way to go, I am really excitied that finally someone is starting to realize that money management needs to be taught at an early age.

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