Group items tagged

Benard, Tara Siegel. "Working Financial Literacy in with the Three R's." The New York Times. The New York Times, 9 Apr. 2010. Web. 3 Nov. 2010. This article discuses the importance of having a financial background. There is a lot of discussion about having mandatory class at the high school level, which will help students with their finances. It will also help students become more aware of what it involved in creating a budget. There is a lot of discussion on how personal finance should be taught.

Jorgensen, Bryce L., and Jyoti Savla. "Financial Literacy of Young Adults: The Importance of Parental Socialization." Family Relations 59.4 (2010): 465-478. Academic Search Complete. EBSCO. Web. 18 Nov. 2010. The article is in short summarized by the title. The article suggests that young adults who have a strong family background, and have received financial knowledge from either their parents, or a close mentor, will do much better with managing their finances. The journal's main emphasis was to show which parts of financial literacy was influenced by these standards. Although most students financial knowledge was no greater then the next, most that came from a strong family background had higher financial behavior and financial attitude.

Finkel, Ed. "A Bull Market for Financial Literacy: The Great Recession compels school districts to teach dollars and sense." Journal of District Administration 46.8 (2010): 68-74. Ebsco. Web. 22 Nov. 2010. This article talks about how some schools are teaching children about finances. Some states are starting to require that a personal finance or independent living classes be taught at the high school level. The only problem with teaching these courses is finding adequate teachers. Most states want teachers to have a business background.

Allen, Rick. "Financial Literacy: An Imperative in Economic Hard Times." Education Update 51.2 (2009): 1-5. Ebsco. Web. 22 Nov. 2010. According to this article there has been a decline in financial literacy over the past few years. More and more schools are starting to offer finance classes at the high school level. In order to ensure students make good financial decisions in their later years it is important that parents and teachers start teaching people about finances before they are teens.

Kezar, Adrianna. "Financial Literacy, a Key to Success for Low-Income Students." Chronicle of Higher Education 56.35 (2010): A26. Ebsco. Web. 22 Nov. 2010. This article talks about how people from low income backgrounds are often behind the others when it comes to financial literacy. The problem starts with education, many students are not being educated about finances. If the grant programs went through the lives of those that are from low income families would be improved.

Chodkiewicz, Andrew, Betty Johnston, Keiko Yasukawa. "Educating Parents: The EvenStart financial literacy program." Journal of Literacy and Numeracy Studies 14.1 (2005): 33-47. Ebsco. Web. 22 Nov. 2010. This article talks about the benefits of parents and children working together to better understand financial literacy. It talks about different programs one can take to better understand their finances. The article also does a good job at defining specifically what financial literacy is.

Jorgensen, Bryce, Jyoti Savla. "Financial Literacy of young adults: The importance of Parental Socialization." Journal of Family Relations 59.4 (2010): 465-478. Ebsco. Web. 22 Nov. 2010. This article tests the idea that parents influence their young on topics such as finances. There are survey results that show parental influence had an impact on the students and their financial outlook. There is also an enormous influence on financial behavior and attitude.

"Elderly Computer Use: Issues Faced." Business and Finance. 17 May 2007. Web. 22 November 2010. http://www.associatedcontent.com/article/236318/elderly_computer_use_issues_faced.html. This article talks about the issues that go along with the elderly trying to use computers. This article talks about how we should help the elderly learn how to use computers, and instruct them on the wonders of technology. This is more of a pro-help article, where some of the other articles are just condeming the fact that the senior citizens have trouble with computers, and they offer no way to help this issue. Overall this is a positive article which offers insight to the issue of senior citizens and their troubles with computers.

HUSTON, SANDRA J. "Measuring Financial Literacy." Journal of Consumer Affairs 44.2 (2010): 296-316. Academic Search Complete. EBSCO. Web. 17 Nov. 2010. This journal was written by Sandra Huston. In her journal she attempts to define exactly what financial literacy is. She argues that many other scholars will not address this part of the subject, which she thinks is the main problem. She also goes on to state just what kinds of obstacles people face who do not have the knowledge, or are not well educated on Financial Literacy. She even makes a statement that it is her belief that the US has problems with welfare because of lack of finance knowledge, especially when it comes to spending. The information will serve great purpose for my introduction and conclusion as well as backup for my main paragraphs.

Mandell, Lewis, and Linda Schmid Klein. "The Impact of Financial Literacy Education on Subsequent Financial Behavior." Financial Counseling & Planning 20.1 (2009): 15-24. Academic Search Complete. EBSCO. Web. 17 Nov. 2010. This article will be fantastic as a counter argument to my paper. Every good paper needs some form of argument against to make the argument for even stronger. The journal is a study based on 79 high school students. These students in years prior had completed a course that dealt with managing their finances. The study showed that these kids were no smarter, or held any knowledge that other students didn't regarding financial literacy and spending. I thought that this journal was great because it showed that it might not even be the education that lead to poor spending. Also the students who took the course even noted that they did not spend their money in the right ways.

Huston, Sandra J. "Measuring Financial Literacy." Journal of Consumer Affairs 44.2 (2010): 296-316. Academic Search Complete. EBSCO. Web. 21 Nov. 2010. This article talks about the need for people to better understand their finances and how to avoid a financial crisis. This article gives supporting facts on the number of people who are identified as financially literate and gives percentages. There are also many barriers in trying to move toward a way to measure financial literacy and talks about the importance of finding a way to measure financial literacy.

Davis, Rita, Lana Carnes. "Employers Perspective of Employees Personal Financial Literacy." Delta Pi Epsilon Journal 47.1 (2005):11-19. EBSCO. Web. 22 Nov. 2010. This article talks about the importance of spending less than you earn. Many of Americans have troubles managing their accounts and using debit and credit cards. The article stresses the importance of employers helping to educated their employees to help them make sound financial decisions.

Murphy, Angela J. "Money, Money, Money: An Exploratory Study on the Financial Literacy of Black College Students." College Student Journal 39.3 (2005): 478-488. EBSCO. Web. 22 Nov. 2010. This article explores financial literacy through race, gender and age. For most people their financial literacy improves as they become older. There are an abundant amount of statistics in this piece. In order to raise awareness of financial literacy college professors have begun developing classes to teach students how to become financially independent.

Keer, Gregory. "Financial Literacy for Kids: Money Lessons Should Start Young." Parenthood. Dominion Enterprises. n.d. Web. 18 Nov. 2010. This article talks about how fast students are getting themselves into debt, and what should be done to help kids become financially independent. The article also talks about the ways in which you can teach someone to save money.

Shim, Soyeon, et al. "Financial Socialization of First-year College Students: The Roles of Parents, Work, and Education." Journal of Youth & Adolescence 39.12 (2010): 1457-1470. Academic Search Complete. EBSCO. Web. 18 Nov. 2010. This article is based on first year college students regarding financial literacy. This study tested over two thousand students on their financial behaviors, financial tendencies, and financial knowledge. The study showed that students who had grown up with parents with good financial tendencies, also showed these strong tendencies. The study also said that when the students tested had developed good techniques at a young age, they were more then likely to have good techniques as adults. Lastly, the study confirmed that it takes a combination of financial literacy, financial behavior, and financial knowledge together in order to achieve a set of strong techniques.

Supiano, Beckie. "For Students, the New Kind of Literacy Is Financial College offer programs in managing money. (Cover story)." Chronicle of Higher Education 55.2 (2008): A1-A38. Academic Search Complete. EBSCO. Web. 18 Nov. 2010. This is an article that was the cover story. It was based on schools such as Texas Tech that have actual course at their institution that is based upon financial literacy and the knowledge of spending one's own money. Texas Tech is one of many schools that have a class like this one. The class in itself teaches students proper spending techniques. The purpose of the class is to teach students how to budget money, save when the time is right, and to buy only things or items that they can afford.