Archive for August, 2007

The statistics on kids graduating from high school and who cannot balance a check book are appalling! With adulthood comes adult responsibilities and if you can’t balance your check books, your level of education may likely be at minimum wage status. Those two factors spell trouble ahead. It’s a shame that this is the case, since we owe it to our children to prepare them for life as an adult.

Some innovative teachers have devised classes which cover these everyday chores of budgeting your income and balancing check books. Teachers have found that students short on math skills quickly develop an interest in brushing up. Math skills improve and the student comes out of the class with a realistic sense of earning, saving and budgeting money and the ability to balance their check books. With the high success rates these classes produce, this type of class should be in every school’s curriculum.

The teachers who developed these courses for middle school students, some of whom had spending money of their own, earned through newspaper routes or baby sitting. The teachers guessed that a little hands on experience with handling money would serve as a real eye opener for the students. They were right.

Each student was assigned a fixed income and “paid” weekly. The assignment of monthly expenses such as housing, food, transportation costs and utilities brought a little reality check to the student’s consciousness. Another requirement of the class was that each student had to set aside some of their “income” for savings. They were issued “check books” and registers to record their expenditures, and were required to reconcile their check books weekly.

The kids sure felt great “depositing” their income to their account, but as soon as rent and utilities were paid, they immediately realized this wasn’t going to be a get-rich scheme as they’d hoped. By the time groceries were purchased and the car insurance was paid, there might be very little to go into their savings, much less fun!

Some students lacking in math skills were motivated to improve not only math skills but their entire academic record. This was because they realized how far a minimum wage job would not take them!

By the end of the class, all of the students had a much firmer grip on the realities of adulthood and managing their own money. No wonder. It could have been real money. These kids are now equipped to avoid many a financial pitfall.

This idea can be adapted to a home study course that parents can give their children, should your school not provide such a course. After all, it simply doesn’t make sense to let a child go out in the world without the skills to balance their check books. That’s like sending a babe-in-the-woods out to the wolf’s lair of finances!

If you like to build, saw, and hammer, you might want to consider carpentry and construction work as a future career. Don’t let anyone fool you, you can make great money this way, and if you like what you are doing, these careers can bring about a lot of personal satisfaction. My husband is in commercial construction, and he says there is nothing quite like seeing a building being constructed. The sight of that finished building brings him great satisfaction. If you want this same feeling, you might want to look into carpentry courses.

You can find carpentry courses in more places than you may think. Some high schools offer tech courses, and they usually include carpentry courses as a choice for curriculum. These courses often last a year or two and are taken along with the basic high school courses that everyone needs to graduate. If you do this in high school, but then later decide to go to college for something else, you still have a good background in construction to carry you over if you find yourself unable to find work for any reason. You can almost always find someone who needs a carpenter.

You can also take carpentry courses at specialized colleges. These courses might be more involved than what you might get in high school, and you will have to pay for these on your own. The great thing about these is that they may also come with an internship, which will make you more valuable once you finish your carpentry courses and go out to find your first job. You can probably find financial aid to help pay for these courses, and you may be able to find these carpentry courses in almost any city you choose.

Even if you don’t end up using what you learn in carpentry classes for a career, you still have some valuable skills that will help you in life. If there is something wrong with your home, or you need something built, you will save a lot of money by doing it yourself. You will learn everything you need to know in your carpentry classes to help keep your home repair expenses down, and you will also be able to help family and friends save money too. You can also use these skills for building furniture like bookcases or desks. There is nothing like putting your time and energy into something and then being able to enjoy what you have made for years to come.

If you’re thinking about taking accounting classes in order to better manage your own business or non-profit organization you’re off to a rewarding experience! In fact, chances are that you’ll notice evidence of your expanded understanding of accounting and financial management in various ways almost as soon as you apply the new knowledge and methodology.

You don’t have to earn a four year degree in accountancy in order to expand your knowledge of accounting in meaningful and productive ways. If you want to make accountancy your profession, you would do well to invest your time and resources into a two or four year degree program.

If you’re serious about educating yourself about financial accounting in order to manage an organization that you participate in you may also find that a two year degree program is worth your time and effort. There are, however, many community college and leisure learning classes that may fit your schedule and budget to a tee.

If you live near a community college, visit the campus or website and find out more about the types of accounting classes that are offered. If you don’t see the information that you’re looking for, don’t hesitate to ask questions about the curriculum or to seek advice about what types of accounting classes will meet your learning goals.

Particularly if you live in a larger city, there are many learning centers and organizations that offer classes on all kinds of things from sushi making to kayaking, CPR and accounting. Many times these types of classes are the most feasible type of education because sessions last from one day to a few weeks long so participants can fit them into their schedules. Additionally, accounting classes from these smaller learning organizations will cost less than college degree programs.

Take a look online and ask around about local accounting classes. If you’re looking for a quick solution, there are also some online courses if you enjoy self-paced learning. Take your time to research tuition for online schools, as many of them have rates that are much higher than others.