I’m almost sure we’ve all been there. The 5th grade. If not, you should probably figure that out… Anyways, we all remember those really nice 5th grade science text books. You don’t? Well I do. Filled with words and things that were always really confusing for me. Filled with diagrams that I didn’t understand and graphs that bored me to tears. The only saving grace that the books had were the pictures of nature and scenery that helped my young inattentive brain wander into imaginary lands. more “Yay Science.”
Recent graduates of the Foundations in Personal Finance class offered five financial tips for high school students considering college during their course completion celebration lunch at Concordia University. Ten students participated in the five-week pilot course made possible through generous support by the Lutheran Church Extension Fund and Thrivent Financial.
So what do these newly financially literate students suggest?
- Take the ACT early as practice. The score really does impact your scholarship opportunities. Make sure your first time isn’t your only test to submit to your choice universities.
- Start researching scholarship opportunities now. There is so much money available if you just take the time to look.
- Take as many advanced placement and dual credit courses as possible. Those classes translate into college credit.
- As soon as you’re accepted into college start researching campus job opportunities. Your work hours will help defray the cost of tuition.
- Make and save as much money as you can now when you’re living at home and have your summers and evenings available.
The financial course was open to everyone, but was particularly appealing to church work students who are anticipating advanced schooling in preparation for their callings. While personally rewarding, careers as pastors and teachers are generally not financially rewarding so financial knowledge is key to success.
Foundations in Personal Finance was created by Dave Ramsey, personal money-management expert, national radio host and best-selling author, to provide college students with practical applications for a lifetime of financial freedom. With the help of the Lutheran Church Extension Fund and Thrivent Financial, Concordia University was able to offer this class at a significantly reduced rate of $30. Upon completion of the course, the students got their money back to reinvest in their futures using the strategies they just learned.
When asked why they took the course, the students offered the following reasons:
Courtney Thumann, a junior majoring in social work, took the course to “step into adulthood” and take on the responsibility to support herself.
Sophomore and pre-seminary student, Hayden Witucki, is motivated to someday provide for his family the way his parents have provided for him.
Another sophomore and pre-seminary student, Drake Peterson, is humbled by the generosity of those around him and wants to be financially free to give back in his community and church.
Others around the room joked that their parents made them take the course.
Whatever their reasons were for getting started in financial literacy, all are glad they did. The course
(ED 099) is offered through the School of Education and will start up again on March 22, 2016. For more information, please contact Cindy Guth at Cynthia.firstname.lastname@example.org.
During freshman year, general education classes are a major part of the classes that students have to take. For that reason, you will probably look at your first semester schedule of classes and wonder what in the world those classes have to do with your major.
It’s not always very exciting to have to take classes that aren’t aligned with your intended profession, but it is important to recognize that it’s great to be well-rounded. It also gives you a chance to spark new interests in topics (or, at the very least, remind you why chose not to go into a particular field). more “Cultures of the West”