Do you consider yourself successful in everyday math?
So we all want success for our children but I have a few questions. They might not seem relevant at first, but I promise, they are. How many of you actually sit down and balance a checkbook each month? What about revising your bank statements? Who actually knows how to file a basic income tax return and I do not mean by hiring a CPA. If you do these things, that’s fantastic. Now I want to know one other thing. If you didn’t learn how to manage personal finances at university, who taught you?
As an adult, I have had many conversations with friends, family, and colleagues about math. It’s not usually a hot topic conversation and talking about helping our children with maths can sometimes be quite comic. However, among a majority of those that I’ve spoken too, maths are still a hidden frustration for many adults today.
Success with personal finance.
It’s one thing to leave high school and not know how to cure cancer, but if we are letting our children leave high school in 2020 without teaching them how to balance a checkbook, revise their bank statements, responsible spending habits and how to file a simple tax return we’ve got big problems!
As our education system looks to reform its curricula, the topic of basic maths has come up frequently. Basic math for day to day activities is something that our institutions are lacking. Personal Finances 101 and Accounting 101 shouldn’t just be prerequisite for an economics or accounting major at university, they should be prerequisites for secondary education certificates.
Google=instant answer. Calculator=no thinking necessary. Robot=no human necessary.
Technology is great for so many things and creates convenience in today’s fast-paced world. Google=instant answer. Calculator=No thinking necessary. Robot=no human necessary. Robotics is amazing when it comes to science, and health investigation. But trusting finance to a virtual system isn’t necessarily the best practice in 2020. We owe it to our kids to teach them these very basic skills before sending them out in the real world, off to college, or trade school, or wherever they are headed after high school.
Success for our children and students.
What are some of the ways that you help your children and students to be successful with everyday math? I’m talking, getting back to basics. The basic foundations of numbers and math must be mastered before students can think and calculate at higher cognitive levels.
We’d love to hear your child’s or student’s success stories. What has worked best for them? What didn’t work?
Do you agree that we should be implementing these personal finance 101 courses into the 2020 curriculum?
What are your thoughts on the Common Core Standards Debate?
Please share your thoughts and stories with us in the comments. If you’d like to chat more and elaborate, get in touch with us at email@example.com.